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Moneyline Bets Explained ~ How To Read Moneyline Betting Odds

A teaser bet is a combination of bets on two different games. The beauty Betting Odds Calculator & Converter of a parlay bet is that it is possible to win a decent amount of money from a relatively small stake. However, the more events you include in any such bet, the more likelihood there is of at least one result letting you down. Many sportsbooks have licenses to hold these types of bets.

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Sports Betting Odds Explained

Also, you will receive your initial bet amount of $100 as well, for a total of $275 in your hand. This also means that your wager won’t profit as much as it would if it was a positive number. For instance, a $100 wager on +220 odds would return a profit of $220. However, a team with -220 odds would require a $220 bet to return a profit of $100. Moneyline betting is ideal for times when you’re not convinced the favorite will cover the spread, but you still think they’ll win.

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