How To Read American Odds | Sports Betting 101

A little confused about how to read American odds? No problem! ‪@TheActionNetwork‬ has you covered with this simple-to-follow explainer video. In this tutorial, Uncle Mitch walks you through everything you need to know about American Odds. You'll be reading sportsbooks like a pro in no time. Well ... in less than 10 minutes...
0:00 - Intro
0:48 - Today’s Lesson Plan
1:02 - How To Read Odds
4:38 - What Are American Odds?
5:35 - You’re Not Dumb
5:47 - Why Sportsbooks Use Odds
8:17 - Mitch-Cap
#SportsBetting101 #HowToVideos #SportsGambling
How To Read American Odds
How To Win At Sports Betting. How To Win At Sports Gambling.
How To Bet On Sports - Beginners Guide. Sports Betting for Dummies. Sports Gambling for Dummies. Sports Betting 101
Get our free mobile app: myaction.app/youtube
Follow The Action Network:
www.actionnetwork.com/
/ actionnetworkhq
/ actionnetworkhq
/ actionnetworkhq

[@Neopanther]

Well done thin diesel.

[@kittyprydex]

Writing a book, and I really, really needed this kind of breakdown. Thank you for making it easy enough not just to understand but repackage into a story. Super grateful.

[@pepijnlankamp2573]

Thank you man as a European I am used to decimal odds so I had no idea how American betting odds worked. Both an easy and a very effective explanation.

[@MrKoolBreeze22]

That clipper fan joke 🤣🤣🤣🤣🤣 I love it!! It's Showtime baby!!

[@sorabhutube]

Best video i saw.. thanks for telling again and again that I ain't dumb :)

[@benjaminnicholson9191]

This was actually an Oscar worthy breakdown 🤣

[@TheActionNetwork]

We'd like to thank the academy!

[@boricuacut2902]

I'm honestly GENUINELY MAD that this guy WASN'T my teacher! ANY SUBJECT would be made fun!

[@samliverseed4244]

Love the Action Network.

[@Jinpachin]

Algebra SO HARD thank you Uncle Mitch great explaining

[@Albanian11Ball.]

I hope you all already heard about *WISPRED* and their predictions? If you didn't, you must...

[@isrealibrahim6112]

Where and how can I get them

[@user-eo6ic1mw5d]

Good explaining boy o boi I needed that and didn’t even know 7:44

[@nolacstackst6834]

Great video.. quick, well explained, and written examples... The 2 videos i unfortunately started watching before i came across yours they where terrible at explaining this lol.. when i clicked on YOURS tho.... instant understanding 👍🏿👍🏿👍🏿

[@benolzinoproductions7110]

very beautifully explained here.

[@thatsjalisa1935]

I am pretty new at this! Thank you so much this was extremely helpful to understand!!

[@MillionvilleLoso]

I’m a new sports better and your video was great explaining things keeping it light . Some of your cuts in the video got me dying. I subscribed because of that not the content. Lol I learned a lot. And beans on toast I gotta try. Thanks for your time.

[@tamarasophia6145]

Uncle Mitch, that was a totally clear explanation, thank you so much! I would like to know how to read the over/under section...when I am looking at a game...and I look at the over/under page..its extremely unclear what the sports books have determined to be their over/under number. Also, is this just in North American sports, or is over/under done in other countries?

[@boricuacut2902]

Ive never had a person whether it be adult, peer, certainly not a teacher have effective wording to simplify their explanation thoroughly while keeping me as engaged as I was throughout the entire video THOUGH. Why weren't you my teacher for all subjects throughout each grade K-12 ??!

[@428ggg]

what a great open gimminck got yourself a sub, tada

[@3rdPartyAction]

Thank you

[@jasminecats1370]

😂 loved the musk joke

[@Timothy-Lucas]

Thanks Uncle Mitch. I feel more confident in doing my first bet, but would like some more videos to break down some things before I take my first plunge. Are winnings taxed, how are they taxed, and can you do anything with losses? You may not be able to provide that information, but it's a barrier for me. Who should I bet through? Is there any reason to use one system over another (Draftkings, Fanduel, BetMGM, Caesars, Barstool) or are they all the same? Do any of these have a fake money system I can bet through (similar to Webull and stocks) to practice bet? -Not dumb, system dumb Tim

[@TheActionNetwork]

Thanks Tim!

[@jaytiafy]

Very informative and entertaining. Why is Jeff a Smurf?😅

[@freshsinatra8493]

Is this the same as players odds also?

[@360wavymb]

What if both numbers are negative?

[@MikeCee7]

Hasn’t Horse racing always used Fractional odds?

[@mem3926]

Martha Stewart called, she wants her quilted jacket back.

[@michaelcalabrese9190]

You're just salty because no one commented on your "How To" videos for the U.S. Department of the Treasury.

[@TheActionNetwork]

ohhhhh, solid burn.

[@jasminecats1370]

Hell yes I’m American and like beans on toast 😆

[@senlayang3224]

Kawhi laugh lol

[@MikeCee7]

Starting at 7:33, it doesn’t make sense. If the Lakers win, Jeff doesn’t win Two $11 bets. . . He wins two $10 bets (on the two that voted for the Clippers) & he owes two $10 (on the two that voted for the Lakers)

[@MikeCee7]

What if 10 people bet that the Lakers will win. And only one bet the Clippers will win. If the Lakers win, Jeff is out a whole bunch of money.

[@mustseenow991]

why do Amedicans make is so confusing? The older betting systems in Asia and UK are far better and more straight forward.

[@marcuspeters6280]

I don't know what the hell is going on

[@benolzinoproductions7110]

theres legit no reason to use anything but decimal odds.

[@Guti2shoes]

Facts

[@tugbasahin1797]

24. I came here just to say all sports lovers to visit *WISPRED* and see another dimension of sports betting

[@Kanal-qv1ku]

I am living in US and I don't know anything about soccer, but I trust #wispred predictions on soccer matches and I am winning a lot of money thanks to them :))