Question by Avery: Can anyone tell me the significance of sports betting odds?
I am a novice in online betting and while I was going through a few websites, I found the term sports betting odds. What does it mean?

Best answer:

Answer by Nepsis
It means how much you will win compared to what you bet.
So if the odds are 8/1 and you bet 1$, you will win .
If the odds are 4.5/1 and you bet .50 you will win:
6.50 times 4.5 = 29.25

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