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If the first number in fractional odds is smaller than the second number, then it means that the selection is odds on. Good odds could be looked at as the best value for your money, because as a bettor, you're always going to be wanting to maximise your potential profits from a bet. – This is the most popular type of bet to place on football, as you're predicting what the outcome of a certain match will be. The key number to remember for American betting odds is 100. For the purpose of this example, we've provided odds on the LA Lakers against Denver Nuggets in the NBA. Betting odds represent the probability of an event happening and therefore enable you to work out how much money you will win if your bet wins. There is a 20% chance of this happening, calculated by 1 / (4 + 1) = 0. This also includes how to work out your potential returns manually, or to use our useful Bet Calculator, which often proves popular amongst punters looking for a quick and easy way to work out their potential returns from their bets. faux saint laurent bag
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