Sports Betting Odds 101
One of them was that I knew Hearns had the kind of chin that would put him in trouble if he got hit on the button. His knees buckled the first time he was hit solidly by Sugar Ray Leonard, sending him into a retreat, and changing the whole nature of the fight. And when he has nailed early in his fight against Marvin Hagler, he lost his legs, which looked shaky for as long as the fight lasted.
In the fight that was immediately before his meeting with Barkley, Hearns captured the WBC middleweight title his fourth world crown with a knockout of Juan Domingo Roldan. But before that happened, he was in all kinds of trouble because Roldan nailed him with a right hand. Then he got nailed over and over with it, to the point where he looked on the verge of a KO loss. So I made a move in the direction of the underdog.
At that point, it was just a matter of nailing a shell-shocked Hearns again, and just like that, it was over. To some, that may have been an even bigger surprise — that Barkley could actually win on points.
In that first fight, though, it was a matter of identifying the factors that could create a perfect storm for the underdog, having the understanding of how it could happen, and acting on it. Is there a certain point where a price becomes something that is too good to pass up? And is that the way you should approach what you plan to do when it comes to betting on boxing? A lot of people have their opinions on this. I am a firm believer that if one considers that the underdog is the best choice in the fight, relative to the price — whatever that price is — it certainly justifies wagering consideration.
It is simple; you want to bet on the fighter who you think is going to win, or has a chance to win, as the odds are taken into account. No one gets paid for almost winning. There is no reward for losing by less than a touchdown, or anything like that.
The same basic philosophy should apply to favorites. If you like the favorite and you think the price is ridiculously high, then pass on the fight, or at least the win-lose proposition that is attached to it. Fractional odds can also be referred to as British Odds, UK Odds, or Traditional Odds, and quote the net total that will be paid out to the bettor — should they win — relative to their stake.
Almost all online sportsbooks will offer the option of displaying their odds in the decimal format, which is sometimes known as European Odds in the UK. With decimal odds, the figure quoted is the exact amount that will be paid out if the bet is a winner. Decimal odds are essentially equivalent to the decimal value of the fractional odds, plus one. Armed with the above knowledge, you should now have a pretty good idea of how to read sports lines.
Think of it as a quick reference guide to sports betting for dummies! You can see below how to do this manually:. Offering odds that are much better for players than Vegas odds and those listed elsewhere will certainly attract more gamblers, but it can be absolutely disastrous for gambling venues if things go wrong, i. An odds converter or odds calculator is essential if you are betting on more than one sport at once and, as we already know, almost all internet sportsbooks in let you do just that.
Perms, parlays, or accumulators allow sports gamblers to mix and match several games and results onto one betting slip. But before you place the bet, using an odds payout calculator is essential to make sure you get the right price.
With so much difference between the odds-on markets at different gambling sites, using a sports betting calculator is even more important. We all know that online gambling is a great way to make a little or maybe a lot! Or are the odds stacked against you…? Give it a try! We've put together this fun little quiz to test your American odds skills. Well, it looks like you have some of the basics down but you could still do with brushing up on how odds work before you start placing any big bets.
Or maybe you just got tripped up by that genius Julius American answer! Aha, it looks like you were paying attention after all. This actually translates to 1. The information contained at this site is for entertainment purposes only. Any use of this information in violation of any state, federal, or local laws is prohibited. Boxing Odds For bettors, boxing is an attractive sport.
Such a line would look like this: Total Rounds o 9. Well Respected Name in the Industry. One of the few services that actually wins for their clients. About Maddux Sports For years the sports handicappers at Maddux Sports have been making money for us and our clients betting the strongest sports picks on the Internet.
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