Without the odds, there would be no way for bettors to make a profit from their wagers and without the proper understanding of how it works and how to calculate sports betting payouts , no bettor could place a strategic wager. Decimal odds; often also called European odds because of the region they are most popularly used , Sports betting digital odds, or continental odds, are what most bettors consider the easiest to read and understand when it comes to calculating your payout.

National Football Post aims to become the best resource the Wall Street Journal for football betting for football betting regulation efforts and for providing honest, experienced reviews of the best US sportsbooks for football bettors. A joint statement issued by the International Cricket Council ICC , the England and Wales Cricket Board ECB and cricket betting the Pakistan Cricket Board PCB said that no player nor team officials had been arrested in relation to this incident.

After decades of needing to bet at offshore sportsbooks if you couldn t travel to Las Vegas to place your football bets, legalization is spreading across the US, which will become the world s biggest betting market. Fractional odds, also called UK odds as it is most commonly used in the United Kingdom and aviator games money in Ireland , are one of the oldest forms of odds used in sports betting and were first used in horse racing betting. So, whether its breaking tweets of hot prop odds, updates on legislative efforts in your state to expand mobile betting or the best picks from our experts and their colleagues on other sites you will find it here on NationalFootballPost.

When it comes to payout calculation, all you need to do is to multiply the amount you wagered to the odds of the team you placed your bet on, regardless of whether they are the favorite or the underdog.