Why would sports gambling be any different?Īmerican odds are presented in the form of a $100 bet. Vegas odds are often referred to as “American Odds” because Americans always have to be different. And smart gamblers use all the information available in order to do so. They want to make smart bets, win 60-70 percent of the time, and move on to the next bet.īut how do the big boards in Vegas work? What are they telling us? And what can we derive from them? It is just as important to know the odds you’re gambling with as it is to know the sport you’re gambling on. Knowing how to read Vegas Odds is important to every gambler not just to place a bet, obviously, but to place a smart bet. The big boards in Vegas tell us many things. These boards are copied and pasted into the newspapers or shrunk to fit computer screens and smartphone apps but nothing measures up to the real thing. A slick cross between the New York Stock Exchange and a McDonald’s walk-up menu, the boards are updated moment to moment and bet to bet, giving a sports gambler all the data he needs to make a smart bet. The big board at any Vegas sports book is a sight to behold.
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