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Florida does not allow betting within the State, but that does not stop Florida from being a hotbed for sports betting on the East Coast. Florida residents simply use offshore sports betting sites that are licensed outside of the USA in order to legally place their wagers. The first part is to say that it is not legal to accept bets in the State of Florida. This is because Florida does not license or authorize anyone to be a sports betting operator within the State. If you see any online betting sites claiming to be licensed within Florida you can be certain that site is not legitimate.

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If you are planning to start betting, be it casino gambling, sports betting, or any other type, it's important to understand the odds. It would be preposterous and absurd to think about placing bets without having a good grip on the main types of betting odds and the ability to read and interpret the various associated formats.

The three main types of betting odds are fractional British odds, decimal European odds, and American moneyline odds. These are simply different ways of presenting the same thing and hold no difference in terms of payouts. This means that a chance percentage probability of an event occurring can be converted and presented in any of the aforementioned types of odds. Therefore, the total potential return on a stake can be stated as:.

For instance, one of the major sports betting websites listed the following fractional odds for futures betting on the team to win the NBA Championship. Below is a selection of the three teams that had the lowest odds of winning. The favorites and underdogs can be spotted instantaneously by looking at the numbers. For decimal odds, the number represents the total payout, rather than the profit. In other words, your stake is already included in the decimal number no need to add back your stake , which makes its total payout calculation easier.

The total potential return on a stake can be calculated as:. For instance, one of the renowned betting websites priced the candidates to win the U. Presidential Election. Donald Trump: 4. The higher the total payout i. In both cases, you get your initial wager back, in addition to the amount won. The difference between the odds for the favorite and the underdog widens as the probability of winning for the favorite increases.

In this matchup, there is a big difference between the two odds, indicating a much higher probability of Duke winning the game and advancing to the next round of the NCAA Tournament. If you are planning to enter the betting or the gambling world, it is important to be able to understand and interpret all types of odds well.

Log in Register. What's new. New posts. May Mac bets that you should consider. Thread starter china first! Start date Aug 26, Welcome to our Community. Wanting to join the rest of our members? Feel free to Sign Up today. JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding. Dont say "china virus". Jun 13, 16, 25, Theres a helluva lot of available bets ranging from who scores more knockdowns to whether lil wayne wears a shirt while walking out with floyd.

The lines on floyd landing over Im sure you see the value at choosing over This is the bet im least confident in due to floyd having such great defense and former champions having trouble breaking an average of 7 punches per round And if you believe conor can land often then take a look at Conor overall punches landed in the fight over Ill see you at the bank. Jan 16, 21, 40, What does over under mean. I don't understand American betting odds.

They are strange to me. That's why I bet here. Usually a straight money bet. Enock 4 MoD said:. Wild Missing you Pey Admin. Dec 31, 63, , SlapheadGiraffe Posting Machine. Jun 21, 1, 3, Apology Page.

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Home What's new Latest activity Authors. Forums New posts. What's new New posts Latest activity. Log in Register. What's new. New posts. May Mac bets that you should consider. Thread starter china first! Start date Aug 26, Welcome to our Community. Wanting to join the rest of our members? Feel free to Sign Up today. JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding. Dont say "china virus". Jun 13, 16, 25, Theres a helluva lot of available bets ranging from who scores more knockdowns to whether lil wayne wears a shirt while walking out with floyd.

The lines on floyd landing over Im sure you see the value at choosing over This is the bet im least confident in due to floyd having such great defense and former champions having trouble breaking an average of 7 punches per round And if you believe conor can land often then take a look at Conor overall punches landed in the fight over Ill see you at the bank.

Jan 16, 21, 40, What does over under mean. I don't understand American betting odds. They are strange to me. That's why I bet here. Usually a straight money bet. Enock 4 MoD said:. Wild Missing you Pey Admin. Dec 31, 63, , It can show you how much disk space is being taken up by the junk files which can be removed easily using Smart Mac Care. Online browsing history can be cleared using it to keep you safe from the trackers which can misuse the information.

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