How To Read Fight Odds
- How To Read Fight Odds Ufc
- How To Read Fight Odds Genesis Open
- How To Read Fight Odds
- How To Read Fight Betting Odds
How to Read Sports Odds
by Trevor Whenham - 03/07/2008
How To Read Fight Odds Ufc
We review the odds currently at the sport books for boxing during the first week of June, 2015. We explain UFC betting odds and tell you how to bet on UFC fights. Find an example and explanation of how to read UFC betting lines of all types.
If you want to be a sports bettor, you need to know how to read sports odds. That only makes sense. It's a really easy thing to do, but if you don't know how then it can be confusing and can cause you to make costly mistakes. If you need a refresher, here are the basics of how to read sports odds:
Money line - We'll start here because it's the more confusing. Money line betting is the most common form of betting in baseball, and is regularly used in other sports like football and basketball as well. In this kind of bet you are betting just on which team will win the game. The odds will either be presented as a negative number less than 100 (like -145, for example), or a positive number equal to or greater than 100 (like +145, for example). In almost every case, one team in a game will be assigned a negative number, and the other will be given a positive number. The one with the negative number is the favorite, and the one with the positive number is the underdog.
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Figuring out the potential payouts is straightforward. We'll start with the underdog. The positive number is the amount of profit you would earn from a bet of $100. For example, if the odds were +145, a $100 bet would earn a profit of $145, so the total payout would be $245 (profit plus the return of the original bet). The favorites just need to be looked at in the opposite way as the underdogs. The negative number is the amount you would have to bet to win $100. For example, if the odds were -145 a $145 bet would produce a profit of $100. The payout would still be $245, but the initial bet would be higher.
Point Spread - This is the most common way to bet on football and basketball. In this case you are not betting on which team will win the game, but rather how much a team will win by. Oddsmakers set a point spread for each game. That spread is, at least theoretically, the number of points by which the favorite is likely to win the game. As a bettor, your goal is to decide whether the favorite will win the game by more points than the spread or fewer, or if they will win the game at all.
This is easier to understand with an example. Let's say that Boston is playing Washington in basketball, and Boston is favored by six points. If you were to bet on Boston then they would have to win by more than six points in order for you to win the bet. If they were to win by five or fewer points then a bet on Washington would be a winner. You would also obviously lose your bet if you bet on Boston and Washington won. If the spread was six points and Boston won by exactly six points then the game would be called a push and all bets on both teams would be refunded.
Another way that this can be looked at is by adjusting the score before the game starts. If Boston was favored by six then the score at the start of the game is essentially 6-0 for Washington. That means that Boston would have to win the real game by at least seven points to cover the spread.
The cost of making a point spread bet can vary, and is set by using a money line. This is referred to as 'juice' or vigorish and is the commission charged on sports bets by the bookie. The standard price for a point spread is -110, or a bet of $110 would produce a profit of $100. That vig will vary from sports book to sports book and from game to game, so it is important to look at the spreads and prices being offered at several books to make sure that you find the best price for the bet you want to make.
We get an IBF World Super Middleweight title bout between Caleb Plant and Caleb Truax at Shrine Auditorium and Expo Hall in Los Angeles Saturday. The card is scheduled for 6 p.m. ET in the first FOX PBC Fight Night of 2021. Below, we break down the Plant-Truax odds, with boxing picks and predictions.
Plant vs. Truax: Fight odds
Caleb Plant: -3500 (bet $3,500 to win $100) Caleb Truax: +1000 (bet $100 to win $1,000)
Plant vs. Truax: Tale of the tape
Caleb Plant
Plant (20-0) puts his unblemished record on the line against Truax (31-4-2) in a battle of 168 pounders. Both stand 6-foot-1, with Truax holding a one-inch reach advantage. Plant might have the advantage in age, as he is a youthful 28 as opposed to Truax, who enters at 37 and supposedly in the twilight of his career. In 20 career pro bouts Plant has 12 KOs, or a 60% clip, while Truax has 19 knockouts to his name, or 51.3%.
“Sweethands” Plant, took care of Vincent Feigenbutz via TKO in Round 10 at Bridgestone Arena in Nashville last time we saw him Feb. 15, 2020. Before that was a third-round TKO against Mike Lee July 20, 2019. The last time he went the distance was Jan. 13, 2019, when he snagged the belt from Jose Uzcategui, winning the 12-round bout by unanimous decision. Five of his previous seven fights went the distance.
Caleb Truax
Truax picked up a majority decision win over David Basajjamivule in Minneapolis Jan. 25, 2020. He won this IBF super middleweight belt Dec. 9, 2017, in London against James DeGale, but had it taken back by DeGale April 7, 2018. This might be the 37-year-old’s last chance at a strap, and he enters as a decisive underdog against Plant. Truax has gone 2-1 across his past three fights with a no-contest against Peter Quillin. Four of his past five bouts have gone the distance, with his only stoppage against Fabiano Pena Aug. 24, 2018.
How To Read Fight Odds Genesis Open
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Plant vs. Truax odds, predictions and picks
Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated at 8:45 a.m. ET.
Plant (-3500) as a humongous favorite, and there is never any way to justify risking 35 times your potential return. You also can’t take the heavy underdog Truax (+1000) on the 3-way line. He is at the tail end of his career and will be put out to pasture by the rising star Plant. Let’s get more specific and pinpoint the method of victory, as well as round-block betting.
PLANT BY KO/TKO/TECHNICAL DECISION OR DQ (-250) will cost you a pretty penny, but that’s as good a bet as any in terms of method of victory. This one isn’t going the distance, and Plant is very confident of an early finish.
Truax is a veteran, and he’ll make Plant work for it. As such, I do not expect an early bow out from the 37-year-old, so I generally like to do a three-block wager in fights like these. PLANT IN ROUND 7 (+900), PLANT IN ROUND 8 (+900) and PLANT IN ROUND 9 (+1000) is a good way to go.
Yes, you will lose two of those ends, but if the fight finishes in Plant’s favorite in Rounds 7-9, you will be well ahead.
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How To Read Fight Odds
Boxing Junkie:
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