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Betting odds are numerical representations of the likelihood of a specific outcome occurring in a sports event. They are used by bookmakers to determine the payouts for bets placed by bettors. Understanding how betting odds work is crucial for any sports bettor. Best NY Sportsbooks, American odds: American odds are expressed as positive or negative numbers. Positive odds indicate the potential profit on a 0 bet, while negative odds show the amount you need to bet to win 0. For example, if the odds are +150, a 0 bet would result in a profit of 0. Conversely, if the odds are -150, you would need to bet 0 to win 0.br/>
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