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If we stick with the example from above, the chances of the Texans actually winning the Super Bowl are not very strong. More likely than not, one of the other 31 teams will win the championship. In the United Kingdom, most betting lines are given in fractions. In fractional odds, the potential gain is on top of the amount that a bettor must wager. If the odds are particularly high on something, the fraction will be flipped.

It will still be the potential gain on top of the amount wagered, but the payout will be far smaller. In other words, it is hardly a bet worth placing, as the wager far outweighs the potential winnings. While we typically see fraction odds or moneyline odds more on that later in the U.

The concept is the same as with fractional odds, the only difference is the presentation. Rather than displaying the potential winnings above or below the wager, decimal odds are essentially just a way to calculate your winnings. As an example, if odds are listed at 3. If the odds are 3. The moneyline will often appear next to the spread and implied total when you look at a bet on paper or on your computer screen.

These kinds of odds are most common in the United States. We can use Super Bowl LI as an example of what to look for. In between those two figures you will see the moneyline. When you are betting on the moneyline, you are betting on a team winning a game outright. The odds attached to each team indicate their likelihood of actually winning the game.

The Patriots are favored in the previous example, so they have the more favorable moneyline odds. You do not need a point spread in order to tell which team is favored. It is possible for both teams to have a negative symbol next to them. This means neither team is heavily favored, but more often than not one team will have slightly better odds.

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These Rules are to be referred to as the TAB Fixed Price Racing to websites of any other person via links from the website of the TAB. Getting the best odds and betting on Racing online is made easy with TAB, Australia's #1 online betting site. Quick and easy to sign up, it take less than one minute to join. At TAB we love racing, whether it be horse racing, greyhound racing, or harness. Long May We Play. Click a price to add a bet. Add more selections to. We fixed odds, fixed price betting and their application for betting on horse racing​. We also Every betting site uses fixed price odds for sports betting. It is also.