Sports Betting Basics
Before running a matched bet or converting a promo, you need to understand how bets are priced and structured. Start here if you are new to sports betting.
How to Read Odds
American (+/−), decimal, and fractional odds explained side by side. How to convert between them, and what each number actually means for your wallet.
6 min read →
Moneyline Bets
The simplest bet: pick who wins outright. No spreads, no handicaps. This is the bet type most relevant to matched betting and arbitrage.
4 min read →
Point Spreads
How the spread levels an uneven matchup, what covering means, and what a push does to your bet. Spreads appear often in promo terms.
5 min read →
Totals (Over/Under)
Betting on the combined score of both teams rather than the winner. How totals are set and where they show up in hedging strategies.
4 min read →
Parlays
Combining multiple bets into one ticket. Odds multiply but so does the variance. Why parlays are usually bad value — and when they appear in promos.
5 min read →
Implied Probability & the Vig
How odds encode probability, how the sportsbook's margin works, and why the implied probabilities across a market always add up to more than 100%.
5 min read →