So…what’s the difference between profit and return? As the name implies, they are always positive and decimal numbers.īelow is the formula for calculating the return and profit for decimal odds of 1.24. The most common format used by European sportsbooks are decimal odds. NBA odds are usually expressed in three different ways: But before you place your first NBA bet, let’s go over what the experts already know.
But just like everything else, practice makes perfect.
Looking at odds for the first time can be a scary process.