Sports Betting Odds Explained
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Betting on underdogs in any sport typically allows you to risk less in order to win more. Remember, however, that there’s a reason they are the underdog, whether it’s a rookie season, there’s been a recent injury, or they face serious competition. We can calculate Ottawa’s (+110) implied probability of winning the game using this same formula. We cannot use this to calculate Pittsburgh’s, however, because they have negative odds. (mehr …)