Betting Odds Explained

Juiced Bets VIP | Sports Betting

Betting odds are simply the likelihood of an event occurring. In sports betting, odds represent the payout you'll receive if your bet wins. They can be displayed in different formats: decimal, fractional, or American. Most people will use american and decimal odds - we only operate using american odds:

Decimal odds example: 2.0, 4.5, 1.37
American odds example: -110, +300, +586


+100 american odds = 2.0 decimal odds = 50% chance to win

+125 american odds = 2.25 decimal odds = 44.44% chance to win



Here is a tutorial video that helps explain how American odds work๐Ÿ‘‡

https://youtu.be/HkO5ix7Std0