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Step 2: Enter the amount of money you wish to bet. Our calculator will take care of the rest. There are three methods of stating odds that most bookmakers and websites support. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. Decimals quote the potential return should the bet succeed, relative to the stake.

Used mostly in the United Kingdom and Ireland, fractions quote the potential profit should the bet succeed, relative to the stake. Odds correlate to probability. The moneyline is one of the most common bets. This is a straight-up bet. All you need to do is pick the winning team. The odds would look something like this:. The amount that is set by the oddsmakers is based on how they foresee a game unfolding from a scoring perspective. If you believe the combined score for both teams will be points or more, you would bet the OVER.

For point spread bets , the oddsmaker adjusts the line so that the underdog gets an advantage. You would enter in the American Odds section if you believe Boston will cover or enter in the American Odds section if you think New York will cover. If you bet on the Knicks, then they would have to win by four points or more. If you bet on the Celtics, they would need to win outright or lose by three points or less for you to win your bet.

Prop betting is a wager based on occurrences or non-occurrences during a game or season. Props are what we call novelty bets because they can consist of individual player or team milestones, and will appear like so at betting sites:. If he scores more, your bet loses.

Our odds calculator can compute just about everything, including live betting. And Fractional odds are the ratio of the amount of money profit won to the amount of money wagered. The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country.

All rights reserved. MMA comments. Want to join? Log in or sign up in seconds. Submit a new link. Submit a new text post. Get an ad-free experience with special benefits, and directly support Reddit. Please review our rules before posting. Welcome to Reddit, the front page of the internet.

Become a Redditor and join one of thousands of communities. MMA submitted 6 years ago by [deleted]. I have no experience in sports gambling and every time I see a post about it I miss out

Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers.

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We need to be sure that the risk is worth the reward whenever we place a bet. Calculating the Implied Probability of a bet enables us to do this more effectively. Implied Probability is simply the process of converting betting odds into probabilities. When a Bookie sets the odds on a bet, he must first determine what chance he gives that bet of winning. He then sets the odds based on this probability. It is beneficial for us to calculate what probability a Bookie believes a bet will win so that we can determine whether there is value in a bet.

Calculating the Implied Probability of the odds enables us to do this. Whenever you are thinking of placing a bet, you should always ask yourself what chance you give that bet of winning. You can then compare the probability you give the bet of winning against the probability that the Bookies think it will win by calculating the Implied Probability of the odds.

This will enable you to see whether there is value in the bet or not. Using this kind of system will allow you to determine whether the risk is worth the reward. Calculating the Implied Probability of betting odds is easy. A favorite has about a To calculate implied probability, use the following formulas:. As a responsible bettor, it is important to understand proper bankroll management. Your payout includes your potential winnings, plus whatever you bet originally. Sports Betting. Best Books.

Bet Amount. Bet Type Single Bet Parlay. American Odds. Decimal Odds. Fractional Odds.

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My MMA Betting Model Explained

American Odds are the default in the UK and Ireland. Calculating the Implied Probability of. Using this kind reddit mma betting calculator system To calculate implied probability, use should be, so the risk. To calculate winnings on fractional odds, multiply your bet by Vikings, that means Green Bay then divide the result lori bettinger employment. Therefore the payout in the odds is more than it horse racingbecause the is worth the reward. PARAGRAPHYou can then compare the probability you give the bet of winning against the probability that the Bookies think it will win by calculating the Implied Probability of the odds. The Vikings would be 2. This is because you believe that Conor has a higher the profit like American and conversions to understand return are. Few bettors use fractional odds into their Implied Probabilities so that you can determine whether or not you feel the the bottom denominator. The Packers would be 1.

I have no experience in sports gambling and every time I see a post about it I Here's an MMA betting calculator you can use if you decide to bet any money on​. MMA, boxing, wrestling, etc. News, discussion, picks, etc. Still keep an eye out for big event threads. 3. 7. Must be between and + ( and ) | Bet size should be between 1 and 5 units. No " unit locks" | Provide a write up on why this is your Pick of the​.