English Premier League Betting Odds
Bellow you will find the most up to date EPL betting odds and we will also help any novice bettors on how to read the betting odds you will see below.
Fractional Betting Odds:
Learning fractional lines can be tricky to new bettors, as can the decimal point system. I try to use 2-1, 3-1 odds in my articles whenever possible since it provides a better sense of the odds to new readers/bettors. When we see that in this situation, Sunderland is a 6-1 underdog according to some bookmaker sites, and the odds become much clearer when you realize that betting $1 offers a return of $6. Those odds are enormous, which means the temptation is to bet on Sunderland with the hopes of turning a high profit.
Reading Decimal Betting Odds:
When I look at betting odds, my personal favourite is the decimal system. The decimal system shows the return based on a single “unit” which is easiest to understand if you view a “unit” as 100 (dollars, pounds or dineiros is your choice). The decimal system is extremely common in Premier League betting, and the decimal odds for a Sunderland win would read 7.0. The 7.0 odds mean that a bet of one dollar would see a TOTAL return of $7 (your original bet of $1 with $6 in winnings.) The decimal system always includes your original bet in the outcome. A close game like Arsenal v Newcastle would read 1.96 for an Arsenal win, or 3.79 for a Newcastle Utd win. That means our bet of $1 on an Arsenal win would return $1.96, or $3.79 on a Newcastle win. As I said, the decimal system is easy to read and understand, so long as you remember that your original bet is included in the winnings.
Dissecting Money Lines (US Odds)
Money Lines, or American bets, are generally the most confusing for new bettors. Money lines are complicated simply because they work in positives and negatives. There are two main ways we see money lines expressed, one being the expression of a positive bet. For example, Liverpool v. Sunderland example would read as the following:
Liverpool v Sunderland (+600)
Expressed as a negative we would see:
Liverpool (-599.88) v Sunderland.
In both cases, the money line is based on a 100 wager. The positive (first example) means that one a 100 wager, the return would be 600. The negative shows how much you would need to bet in order to make a profit of 100. So to make $100 on a Liverpool win, be prepared to bet almost $600.