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Understanding Sports Betting Odds

by: EdwardB


Sports betting odds is a captivating fusion of game knowledge and gambling expertise, allowing fans to monetize their insights into particular sports events. Central to this practice are the odds offered by bookmakers, presenting a unique set of challenges and opportunities for bettors. Let’s explore into the complexity of sports betting odds at Holabet168, exploring various formats and their implications.

Bookmakers’ Profit Mechanism

Bookmakers, or bookies, facilitate sports betting by offering odds on potential outcomes. To mitigate their risk, they strive to balance bets across all possible results. The bookmakers derive their profits by taking a percentage of the bets, commonly known as the “juice” or premium.

American Odds: + and –

American odds, often denoted with plus (+) or minus (-) signs, are a prevalent representation in the world of sports betting. A minus sign indicates the amount needed to be wagered to win $100, reflecting the team or competitor’s favoritism. Conversely, a plus sign signifies the potential winnings for a $100 bet on the underdog. The winning bettor receives both the prize and the initially placed bet.

Decimal Odds: Widely Used in Europe

Popular in Continental Europe, decimal odds express the potential winnings, including the initial bet, as a multiple of the amount wagered. For instance, odds of 2.5 mean a $100 bet would result in a $250 payout. To ensure a profit for successful bets, the odds are always greater than 1 in this system.

Fractional Odds: The English Style

Commonly used by English bookmakers, fractional odds are presented as ratios like 6/5. The first number represents the potential winnings for a bet equal to the second number. If the odds are 9/4, a $4 bet could yield $9 in winnings, with the bookmaker returning the initial $4 bet along with the $9 prize.

Point Spreads: Beyond the Winner

In games involving scores, bettors can wager not only on the winner but also on the point spread. A plus or minus before a number indicates whether the underdog is expected to lose by at least that many points or if the favorite is anticipated to win by at least that margin. Point spread bets add a layer of complexity to sports betting.

Over-Under Bets: Predicting Total Scores

In games where scores matter, over-under bets allow bettors to predict the combined score of both teams. For example, an “over 150” bet in basketball wins if the total score surpasses 150 points. Conversely, an ‘under 4’ bet in football succeeds if both teams fail to score at least four goals collectively.

Diverse Betting Options

Beyond these primary formats, Holabet sports betting offers a myriad of options. From predicting individual player performances to specific game events, the possibilities are extensive. Bettors can wager on aspects such as the total number of free throws, yards thrown by a quarterback, or goals scored in a soccer match.


Understanding sports betting odds is essential for those exploring into the online sports betting in Singapore. Each format brings its nuances, adding layers of strategy and excitement to the overall experience.