.elq-form .col-md-push-6{ Probability of: .elq-form .elq-required{ padding:0; outline:1px solid #c00} .elq-form .elq-item-textarea{ .elq-form .col-lg-6{ width:41.66667%} left:auto}

margin-left:100%} right:58.33333%} .elq-form .container{ .elq-form .col-lg-offset-7{ right:75%} .elq-form .col-sm-10{ .elq-form .col-xs-offset-1{ right:50%} A positive number shows how much profit a winning wager of $100 would make, while a negative number shows how much needs to be staked to win $100. .elq-form .col-sm-4{ display:inline; padding:0} .elq-form .col-xs-offset-8{ margin-left:58.33333%}

left:83.33333%} width:1px;

.elq-form .col-lg-pull-1{ width:100%}

However, if following your research you determined that the Giants are only a 45% chance to cover the -3.5 points betting line, the implied probability of the odds is greater than your determined probability.

.elq-form .row{ Gamblingsites.org does not promote or endorse any form of wagering or gambling to users under the age of 18. left:66.66667%}

.LV_invalid{ margin-left:91.66667%}

.elq-form .col-lg-offset-11{ left:33.33333%} .elq-form .col-sm-push-2{ Odds of +300 indicate that if you bet $100, you will win $400, the original amount of your bet plus the profit. .elq-form .col-sm-push-5{

margin-left:25%} .elq-form .col-sm-push-9{

If you believe you have a gambling problem, please visit BeGambleAware or GAMCARE for information and help. Positive American odds reflect your profit should you bet $100 and are displayed as: Negative American odds reflect the amount of money you would have to bet in order to win $100 and are displayed as. left:66.66667%} width:91.66667%} The following is an example of American odds for an NBA game between the Los Angeles Lakers and Chicago Bulls. font-family:Helvetica Neue,Helvetica,Arial,sans-serif; width:83.33333%} Convert stated odds to a decimal value of probability and a percentage value of winning and losing. The equation required to calculate the potential profit of a wager with negative moneyline odds is different. .elq-form .col-sm-pull-1{ Betting odds represent the probability of an outcome occurring and the return (profit) you will receive if your bet is a winner. .elq-form .col-xs-pull-12{ display:inline-block; margin-left:33.33333%}

.elq-form .col-md-1,.elq-form .col-md-2,.elq-form .col-md-3,.elq-form .col-md-4,.elq-form .col-md-5,.elq-form .col-md-6,.elq-form .col-md-7,.elq-form .col-md-8,.elq-form .col-md-9,.elq-form .col-md-10,.elq-form .col-md-11,.elq-form .col-md-12{ .elq-form .col-lg-pull-5{ .elq-form .col-md-1{ right:58.33333%}

.elq-form .col-sm-7{ right:25%} max-width:100%; They can be either a positive number or a negative number. .elq-form .col-xs-8{ So the implied probability of the Lakers winning the game is 0.4348 (or 43.48%). transform:rotate(1turn)} left:16.66667%} .elq-form .col-lg-pull-4{ .LV_invalid_field,input.LV_invalid_field:active,input.LV_invalid_field:hover,textarea.LV_invalid_field:active,textarea.LV_invalid_field:hover{ left:41.66667%}

In the United States, most bookmakers use the moneyline format to express the odds they offer for wagers. width:91.66667%}

.elq-form .container:after{ right:66.66667%} left:75%} to{ .elq-form .col-xs-push-0{ .elq-form .col-md-push-5{ width:58.33333%} .elq-form .col-sm-offset-11{ .elq-form .col-sm-push-11{ As an example, with odds of +400, for every $1 you bet, you will win $4. display:inherit} width:16.66667%} of losing is given as PL = B / (A + B). .elq-form .col-md-pull-12{ margin-left:50%} Registration must take place in-person. .elq-form .col-lg-pull-2{

.elq-form .col-sm-pull-2{

Many states allow for online horse racing betting and you can see odds at most of the big horse racing tracks around the world.

margin: 5px; margin:0} cursor:pointer} .elq-form .col-sm-push-7{ left:66.66667%} .form-field-visible-xs-block{ width:83.33333%} -webkit-tap-highlight-color:transparent} .elq-form .col-md-offset-6{ Be careful if you are using sports teams odds or betting odds. padding:7px 20px; .elq-form .col-sm-12{ .elq-form .col-md-4{ .elq-form .container-fluid:after,.elq-form .container-fluid:before{ – in this instance, if you bet $140 on Chicago to win the game and they win, you will receive a profit of $100.

.elq-form .col-md-offset-4{

height:auto; margin-right:auto; width:41.66667%}

right:25%} .elq-form .col-lg-push-4{ left:33.33333%} .elq-form .col-sm-offset-1{ display:table} .elq-form .col-xs-offset-5{ margin-left:50%} Thus, moneyline odds are also commonly referred to as American odds. text-decoration:none} .elq-form .col-lg-offset-6{ You’ve done your research and have determined the Giants are a 60% chance to cover the -3.5 betting line. border-radius:6px} .elq-form .col-lg-push-11{ h4.elq-heading{ input#fe1623 { background-color:#fff;

.elq-form .col-sm-push-12{ width:83.33333%} .elq-form .col-lg-push-7{ .elq-form .col-xs-10{ width:8.33333%} .elq-form .col-xs-push-10{ right:75%} .elq-form .col-md-pull-1{ .elq-form .col-lg-offset-5{ .elq-form .col-xs-offset-12{ font-weight:700; width:16.66667%} .elq-form .col-xs-6{ left:41.66667%} .elq-form *,.elq-form :after,.elq-form :before{ clear:both} .elq-form .row:after{ .elq-form .col-md-pull-11{ height:auto} .elq-form .col-sm-push-6{ margin-left:16.66667%} min-height:48px; .elq-form .col-sm-offset-12{

.elq-form .col-md-offset-10{