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American sports betting odds work differently for favorites and underdogs, and are sometimes known.
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Only when events are taking place within the USA Only in years when the Olympics are being held in the USA Anywhere most online gambling sites will let you convert between odds formats Theyre strictly hypothetical and are never actually used for gambling back Question.
Its important to have an understanding of different types of odds because it means that you can choose from sites all over the world, some of which may display their odds in just one format.
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Sports odds, whether youre reading them in your local bricks and mortar venue or on the web, are inevitably influenced by what the bookies are saying in Sin City.