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Sports betting payouts depend on which type of odds are being used. The important thing to note about payouts is that they often include the amount of money you put in. If you bet $170 on the Cowboys to win at -170 odds, the payout is $270. However, the profit, or amount of money you win, is $100.
General Sports Betting Strategy
1
Ensure Good Bankroll Management. Effective bankroll management is essential for long-term success. ...
2
Be Research-Driven. ...
3
Track Your Results. ...
4
Use Value Betting. ...
5
Shop Around for the Best Odds.