Sports Betting 101

In betting on sports the odds are calculated by assessing the likelihood of an event occurring. You can place bets on the outcome of an event, like the number of goals or points a football team will score or the number of runs a player will make. These bets are known as propositions. The majority of bets on sports events have two sides, but some are multi-sided. A tie means that no money will be made or lost. You can place bets on both the winner as well as the…