About Us | Odds Shark (2024)

FAQs

How reliable is Odds Shark? ›

Our reputation is built off of reliability and trustworthiness. Odds Shark has been around for as long as most betting websites, and has earned a prestigious position in an extremely competitive betting market which few can match.

Odds Shark empowers bettors to get more out of the games they love by providing actionable insights for every decision. Casino & Gaming oddsshark.com Joined June 2009. 1,878 Following. 142.6K Followers.

The OddsShark App builds upon the same great odds information that has made OddsShark a leading provider of sports betting information. With the OddsShark App, you're not tied to your desktop computer to view lines, editorial and matchup reports - you can do it all with the tap of a finger in the user-friendly App.

The odds for favorites are accompanied by a minus (-) sign and indicate the amount you need to stake to win $100. Conversely, the odds for the underdogs are accompanied by a positive (+) sign and indicate the amount you might win for every $100 you stake.

What sportsbooks have the most accurate odds? Sharp sportsbooks like BetOnline, BookMaker, Bovada and Heritage Sports offer the most accurate odds.

Odds with a plus sign are underdog bets. Plus odds tell you how much profit you will get on a $100 bet. A $100 bet with +200 odds nets you $200 profit plus your original $100 bet. If you bet $20, you would profit $40. For the rare even money odds, those can be listed as -100, +100 or EV.

The number that follows the negative symbol (the odds) reveals how much to bet for every $100 you want to win. For example, if the team you're betting on has -110 odds, you need to wager $110 to win $100. If your team has -150 odds, you must risk $150 to win $100.

A +500 bet means you can win $500 with a $100 wager; this is also known as 5-to-1 odds. Meanwhile, a -500 bet means you must wager $500 to win $100 (plus your original wager back).

Place two opposing bets: one on 'win' and one on 'lose' to cover all potential outcomes of a sporting event. This 'back and lay' betting technique gets rid of risk and the need to rely on luck. It allows you to turn free bets into real money.

What website tracks bets? ›

The Best Way to Track Your Bets

OddsJam gives you insights into your betting track record (your daily/all-time P&L, your ROI, percentage of bets that beat CLV, your most profitable sportsbooks/sports, etc). OddsJam's bet tracker automatically tracks the outcome of your bets (win, loss, refund, etc.)

OddsTrader has you covered with the most up-to-date sports betting odds today and betting lines for your favorite sports leagues like the NFL, NBA, MLB and more.

When you bet $100 on a moneyline, the outcome depends on the listed odds. If you bet on a positive moneyline (e.g., +200), you could win $200 plus your original $100 if your team wins.

Example #2: A horse that wins at 9-2 will return $4.50 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $9.00 (4.50 x 1 x $2) + your original bet of $2 – for a total of $11.

Odds are presented as a positive or negative number next to the team's name. A negative number means the team is favored to win, while a positive number indicates that they are the underdog.

Bookmakers' odds give an estimate of the probability of, say, a horse winning a particular race. And if they were reliable, around 50 per cent of horses with even odds would win their races, around 33 per cent of those with odds of 2-1, and so on, right down to just 1 per cent of 'long shots' with odds of 100-1.

There should not be too much concern over if Oddschecker is scam or legit, as you don't bet on the site itself, if you do choose to click on the bet that takes your eye, you will be taken to one of the 28 bookmakers.

Remember, odds change as the bets come in, which means probability estimations vary with time. Moreover, the odds displayed by different bookmakers can vary significantly, meaning that the odds displayed by a bookmaker are not always correct.

Fixed-odds gambling involves placing bets on events with predetermined odds. Bookmakers aim to create an overground, where the sum of probabilities quoted for all possible outcomes exceeds 100%, ensuring profit.