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You might see Virginia named the -500 favorite and Georgia Tech the +350 underdog in the NCAA football odds. A minus symbol informs you exactly how much money you need to lay down in order to make a $100 profit. In this case, you would need to wager $500 just to earn $100.
How To Convert Odds To Probability
The decimal odds number represent the amount a bettor wins for every $1 wagered. Read More
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