NFL Betting: Understanding How Odds Work In NFL Betting
July 08 2021
Understanding how odds work especially when it comes to the match results straight-up betting market.
In Africa, most of the online betting sites like Champion Bet, the odds format used are decimals: 1.50, 2.0 and so forth.
So in this example, we are having the Seahawks (2.2) Vs. the Patriots (1.90) for the match results in betting market.
If you choose to bet on the Patriots winning with a wager of $20, you will win back $18 as profit totaling up to $38.
This is gotten by multiplying your odds by the amount wagered.
20x1.9 = 38
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