American football betting odds can be confusing for beginners, but fear not! We're here to break it down for you. In simple terms, odds represent the probability of an event occurring and determine the potential payout for a winning bet. Understanding how to read and interpret these odds is essential if you want to make smart betting decisions.
There are three main types of odds used in American football betting: decimal odds, fractional odds, and moneyline odds. Decimal odds are the most common format used by online sportsbooks, while fractional odds are more popular in the UK. Moneyline odds, on the other hand, are commonly used in the United States.