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Betting Articles

Lazy Sports Betting Tactics
How to beat the bookies in the over-under markets
How to convert between decimal and American odds
How to get an edge in betting
How to test the credibility of a tipster`s record
Kelly criterion method
How to use Kelly Criterion for betting
How Weather Affects Sports Betting
Increase Your Chances of Winning Long Term Betting on Sports
Intermediate and Advanced Sports Betting
Common sportsbetting myths
Advices on Betting Fundamentals
Betting do's and don'ts
Choosing a staking method based on your betting profile
Betting staking plans
Value betting explained
Sports-betting- a game of numbers
Market movement in betting
Types of odds explained
European types of bets explained
American types of bets explained
Martingale Considerations in Sports Betting
In-play betting
Accumulator betting
Mobile betting
A Crash Course in Horse Racing
A Crash Course In Sports Betting
American odds versus decimal odds
Bankroll management
Money management in sportsbetting- odds, edge and variance
Basic bet types explained
Paying for Picks
Betting on winning streaks
Betting psychology- a crash course about aspiring professional bettors
Popular Sports Betting Beliefs
Do you make these 9 sportsbetting mistakes?
Does intuition have a place in sportsbetting?
Exchange betting
Randomness in sportsbetting
Fractional versus decimal odds
Home team advantage analised
How bad at sportsbetting are you?
Reasons to Keep Betting Records
How bookmakers make money
How bookmakers work
How do betting exchanges work
Should You Bet on Multiple Sports or Specialize?
How do free bets work
How does luck influence short term betting
How good are betting tipsters
Sports Betting for Beginners
How loss aversion impacts performance
How many sports to bet on
How Much Should You Bet On a Sporting Event?
Staking-one method to improve your betting
How much you should risk per bet?
How Sports Betting Has Changed Over the Last 20 Years
How To Avoid A Big Sports Betting Loss
The art of multiple betting
The history of lotteries
The value of information in soccer betting
Three careers ideally suited to betting
Tips for Better Sports Betting Results
Types of Online Sports Betting Bonuses
Understanding and managing your risk of ruin
Understanding Horse Racing Bet Types
Understanding Live Betting
Value betting is an essential skill for bettors
Ways to Increase the Percentage of Sports Bets You Win
What are drawdowns and how to manage them
What are the most common mistakes the bettors make
What are the real chances of winning the lottery?
What distinguishes winning from losing betors
What is a handicap soccer betting?
What is the Fibonacci betting system?
What is the Labouchere betting system
What is the Martingale staking system
Why do we gamble? Irrationality and overconfidence
Why patience is an essential trait for any serious bettor
Poisson Distribution: Predict the score in soccer betting
Fixed Staking vs. Variable Staking
Basketball betting: Bet types explained
7 Sure-Fire Baseball Betting Strategies
How Does In-Play Betting Work?
To Parlay, or Not to Parlay?
Wisdom of the Crowds applied to betting
CASINO ARTICLES
A Novice’s Tutorial on Casino Gambling Games
How to Gamble with Dice – Popular Dice Games and Their Variations
How Online Casinos Helped Me Love Roulette Even More
My Top Three Tips for Getting Comps in Casinos
5 blackjack stereotypes
5 Gambling Tricks You Can Only Use Online
5 LITTLE-KNOWN FACTS THAT AFFECT YOUR AVERAGE HOURLY LOSS IN A CASINO
5 REASONS CASINO GAMES ARE SO ENTERTAINING
5 Things All Casino Gambling Fans Are Sick of Hearing
5 Tips to Managing Your Casino Bankroll Effectively
The Five Most Important Tips I Ever Learned on Bankroll Management
5 Rookie Mistakes in Blackjack and How to Avoid Them
7 roulette variations probably you have never heard of
7 THINGS YOU NEVER KNEW ABOUT CASINOS
7 Ways Casino Players Sabotage Their Chances of Success
How to Tell If You’re About to Make a Mistake with Your Next Casino Bet
The 12 Types of People I Meet in Casinos – Analyzing My Fellow Gamblers
10 SURE-FIRE CASINO GAMBLING STRATEGIES THAT WORK
What I Love Most About My Three Favorite Video Poker Games
The Last Guide to Video Poker Tournament Strategies You’ll Ever Need
Baccarat and the Martingale System – Can It Work?
Is There a Gambling System That Never Loses?
Combining the Martingale System with Odds Bets in Craps
Which Bets on Which Casino Games Offer the Best Odds of Doubling Your Money?
What’s Next for Online Gambling?
Using Self-Discipline in the Casino
20 ONLINE GAMBLING TIPS
Going All-In – When to Bet It All in Poker
10 Things I Wish I’d Known About Roulette Before I Started
Who’s the Best Video Poker Player in the World
Are No-Deposit Bonuses at Online Casinos a Waste of Your Time or Worth Going For?
Are Online Casino Bonuses Worth Taking?
BEATING BACCARAT – WINNING SYSTEMS & STRATEGIES
CHOOSING THE RIGHT SLOT MACHINE
EUROPEAN VS. AMERICAN ROULETTE
EVEN MONEY CASINO BETS
Feel Confident When Gambling Online – 8 Tips to Help You Choose a Secure Site
Finding the Best Slots Online
Gambling and Poker Playing: 10 Things to Know
GAMBLING GAMES THAT ARE REALLY WORTH TRYING
HOW TO AVOID GOING BROKE AT THE ROULETTE WHEEL
HOW TO GET YOUR FIRST ONLINE CASINO SIGNUP BONUS
How to make a million playing video poker
How to Spend Your Gambling Winnings
HOW TO SURVIVE A BLIZZARD AT THE CRAPS TABLE
HOW TO WIN AT ROULETTE
How to Win Consistently at Casino Gambling
How to Win Consistently at Craps
How to Win Consistently at Roulette
HOW VOLATILITY WORKS IN CASINO GAMBLING
Is It Possible to Play Roulette as a Career (Or Even as a Part Time Gig)?
Is One Blackjack Game Better Than Another?
MONEY MANAGEMENT STRATEGY FOR YOUR NEXT CASINO TRIP
ONLINE CASINO DISPUTES
SKILL BASED CASINO GAMES: PROS AND CONS
The 5 secret joys of casino gambling
The Benefits of an Online Gambling Environment
The Best Long-Term Strategies for Playing Progressive Jackpot Slots
THE BIGGEST JACKPOTS IN ONLINE GAMBLING
THE EASIEST WAY TO LEARN BLACKJACK STRATEGY
THE HOUSE EDGE
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The Surprising Secret to Winning at Casino Gambling
Who Takes Care of Your Safety at Online Casinos?
Why Don’t Craps Players Just Use the Right Strategy?
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WHY IS THE DON’T PASS BET BETTER THAN THE PASS BET IN CRAPS?
WHY IS THE DON’T PASS BET BETTER THAN THE PASS BET IN CRAPS?
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Types of odds explained

As an  active bettor there are 3 main types of odds you will  encounter with , dealing with the different Sportsbooks: Decimal/also referred as European/, Fractional/ referred as UK/ and American. It has mostly to do with the location of the bookmaker you are betting with, and  the type of sports you are wagering on. You must know that it is very important to know how to read and interpret the different types of odds, because this is what will show you what you will get for your money at stake, if your bet is a winner. So let`s have a look at this types one by one.

 

 

1.Decimal/European/ odds are most commonly used by the European bookmakers/as the name suggests/ and are being offered on the most popular sports in Europe, like soccer for example. They look like this: 1.7;2.0; 2.5; 4.0 etc. Basically they represent how much you will collect/if the bet is successful/ as a whole, in total, including your stake. Thus 1 euro, staked at odds of 2.0 means you will get a total of 2 euros, including your stake in this number and in this occasion meaning that 1 of these 2 euros will be your initial stake, and 1 of these 2 euros your profit. Therefore the easiest way to estimate your  profit with this  type of odds is by deducting 1/your unit stake/ from the whole number, given as odds. There are a couple of terms in relation with the Decimal odds which is good for you to be familiar with: odds of “evens” means betting on an outcome that have equal chances of happening and not happening, thus giving you a strike rate of approximately 50%.

“Odds on” are odds, given on the favorite and simply meaning that if you win your profit will be less than your stake. These are all types of odds below 2.0 in Decimal terms.

“Odds- against” are odds, given for the underdog and meaning that your winnings will exceed your stake if you win the bet. These are all odds above 2.0

 

2. Fractional/UK/ odds- again  as the name suggests this type of odds are mainly given by the UK based bookmakers, and most commonly used for the typical British most popular sports for betting such as horse racing. These odds look like this: 2/1; 5/2; 7/2 etc. Basically as you can see of two numbers, the first one being the nominator, and the second one being the denominator. Just remember that the denominator is your stake, and the nominator- your profit. Thus they are indicativefor winnings, and not for pay-outs which is the case with the decimal odds. So following this simple logic you will know that odds of 10/11 means that you will get 10 units of profit for a stake of 11 units which is similar to say “odds-on”. Odds of 1/1 are obviously the equivalent of Evens in decimal terms and say odds of 7/2 means that you will be getting 7 units of profit for a stake of 2 units, which obviously is the same as “odds- against” in decimal terms.

 

 

3. American odds- these are always equal or greater than 100, with a “-“ or “+” sign in front of the number. They look like this: +100;+250; -150 and so on. When you have minus as a sign it means  that if the bet wins you will be getting as a profit less than your stake/which is in effect “odds-on”/, and when you have a plus sign before the number, this means your winnings will be greater than your stake/ or “odds-against” in other words/. “Evens” in American odds is always represented by the number of exactly 100. In this case it does not matter is the sign in front of the  100 plus or minus.

 

 

Hopefully this article will help you in reading the different types odds correctly, which is absolutely imperative if you want to succeed with online betting.