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These odds are telling you that you stand to win $7 for every $2 you wager. Therefore, a $2 bet would net you $7 in profits for a total return of $9. Another way to understand racebook and ADW payout odds is that they show you how much money you stand to win relative to how much you have to risk to win that much. To determine the potential winnings of any bet, multiply your intended wager by the fraction represented by the odds. Continue reading „Understanding College Football Betting Lines And Odds“ →

Colorado sports betting is legal and operational as of May 1, 2020. Voters approved a bill to legalize sports betting in November 2019. There is also race track betting in Colorado’s 33 casinos.

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Odds on, meanwhile, are when the odds are shorter than evens (10/11, 1/2, etc), so your bet has a good chance of being successful but you would make a profit smaller than your stake. A unfancied horse, an underdog or an outsider in a race or competition can be called a longshot. When you back a team to win a match it is a full-time result bet. Continue reading „Craps On The Hop Bet Explained“ →

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