Identify the type of line you are looking at. All online sports books offer you the chance to get your lines at an”American” or”Money line” variant. I’d use this as my standard, if I were you. An”American” line utilizes either a + or before a number to signify chances. So a -120 and also a +120 are two quite different odds on a group… I’ll explain the differences shortly. Two other less common variations exist: decimal odds and fractional odds.
Briefly:
–Fractional odds are found in racing. A 10/1 payout ought to be read”$10 paid for each $1 wagered.” When the larger number is on the left, then you’ll discover that bet is normally an underdog in the race. Also note, however, that in case such as”Who will win the Super Bowl in the NFL?” You will see all of the teams recorded as”underdogs”… i.e. paying at least 2/1 (some up to 300/1 or longer ).
Identify the preferred. Lines with a – until the number (i.e. -200) indicate the preferred. A -200 ought to be read as:”For every $200 wagered, I win $100.” When there is a negative signal, the line must be read with relation to 100. That does not mean you need to wager that much, it’s just easiest to understand! When a + signal is present, just undo the reading, always keeping reference to 100:
Examples:
1) -150: For every $150 wagered, I win $100 ($50 wagered will win $25).
2) +300: For every $100 wagered, I win $300 ($50 wagered will acquire $150).
3) 100 (could be either +/-): For every $100 wagered, I win $100 ($50 wagered would win $50).
4) Most commonly: -110: For every $110 wagered, I win $100.
You see”4″ most often because the extra $10 you have to bet to win $100 is called the”juice” the books keep as a fee for making the lineup that is available to you.
The most important thing you can educate yourself early on is:”Just because the novels assign one side to be the preferred (even big, -200 or -300, favorites), does not mean that they will triumph.” We’ve got all seen favorites get mad, and it is important to avoid the temptation of finding comfort in the fact that the lines makers put one group as a favorite.

Read more: https://newyorknews.press/nascar-odds/