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The Superbowl is arguably the biggest sports betting game of the year; if you are not a gambler or are simply a novice to sports betting, I will teach you how to read the lines and discover or predict who may come out on top.

Thanks for listening!

What you'll learn:

What is a moneyline?

What is a spread?

What is an O/U?

What does + and - mean in relation to sports betting?

How to calculate your winnings and much more

There is a point in the episode where I do some math, and it may get a bit confusing, so I'll post the formula here in the notes for reference below;

Calculating payouts from sports betting odds

The odds also directly relate to the payouts you can expect back in winning bets. There are a few ways to calculate the profit potential.

Negative (change the odds number to positive for the purposes of the equation): 100/Odds * Stake = Profit

For example Odds of -140 and a $50 bet

100/140 * 50 = $35.71

Positive: Odds/100 * Stake = Profit

For example, Odds of +120 and a $75 bet

120/100 * 75 = $90

Lastly:

If you're going to bet, have a game plan.

Bet legally

Set limits

&

Keep it fun

When gambling becomes a problem, visit responsibleplay.org to find help.

Connect with me:

https://www.podpage.com/Mnanceaudiopod/why-this-superbowl-means-more-than-just-sport/

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Twitter: https://twitter.com/mnanceaudiopod

Mentioned in this episode:

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Beginner's Guide to Nutrition

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