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A bet on the over means you think both teams will combine to score more goals, points, or runs than the total listed. Conversely, an under bet means you think there will be less than the total listed. When looking at listed odds for a game, this is represented as total, over/under, and sometimes shortened as O/U. There will be a number listed, something like 155 for a college basketball game, 8 for a baseball game, or 47 for an NFL game.
Simply enter the information you require – such as fractional odds for moneyline odds – hit the convert odds button, and you will have all the info you need. If you thought fractional odds were easy to understand, decimal odds are even more straightforward. You can simply multiply the odds by the amount of your stake to arrive at the returns.
When you place a $1.00 point spread wager, you place the dollar bet plus 10%. You get back your original bet, $1.10, and the one-dollar payout. But if this were a true 1/1 wager, your payout would be $1.10.
Put that number on the right side of a fraction which begins with ‘1/’. Some numbers on the right side of the fraction will have a decimal in them. Since decimals are not used in fractional odds, they are removed by multiplying both numbers in the fraction by 2.
In today’s horse racing, the morning lines are rarely something to go by since they change so much as more bets are placed. One of the surest ways people lose money on horse racing is not knowing how to bet or understanding the odds. To a beginner, all those numbers on the tote board and hearing all of the horse racing odds jargon can be pretty daunting.