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Monday Night Football brings an intriguing Week 2 match-up to close out what Below we will give you a rundown on the most popular sections of our website that will help you with your sports betting, and our common goal of beating the bookies or making a profit with our betting. The most popular section of our sports betting site is the Sports Betting Picks page, which is updated daily with free picks.
We are constantly reviewing the picks the team is putting out on a nightly basis to ensure we have only the highest quality information and picks being posted at The Sports Geek.
This allows each writer to specialize in their sports and give out picks with a very solid winning percentage. You can sign up for our email list by clicking on the button at the top of this page to receive every pick we release in the free picks section via email.
We highly recommend you bookmark the sports betting picks page and check back daily to read up on all of our sports betting tips and picks. Our blog section has been implemented to add dynamic and useful content regarding the current climate in sports as well as betting on sports. We hope that you find the articles here helpful and really enjoy reading them. We give you basic sports betting tips and strategies for those bettors new to sports betting, but we also have very in-depth sports betting strategy articles written by professional sports bettors, who have made hundreds of thousands of dollars betting on sports.
If you want to make more money betting on sports this is a section of The Sports Geek that you must spend some time reading through. The basics will help you get started on the right track, and the advanced articles will help you find edges over the sportsbooks and give you the best chance at winning.
You will also find a ton of quality sportsbooks posting their odds on madduxsports. Unlike other places you cannot pay your way to get listed. Places that we trust our bankrolls at on a daily basis. The betting odds are separated by sport and we have listed each sport below. Once you click on the sport of your choosing be sure to bookmark the page so you will always have the most current and up to date sports betting odds at your disposal.
Remember it is all free and is just another way that MadduxSports. College Basketball Lines - The College basketball odds page gives you each and every team for division 1A that has a rotation number. However, not all fractional odds are traditionally read using the lowest common denominator. Fractional odds are also known as British odds, UK odds,  or, in that country, traditional odds.
Odds with a denominator of 1 are often presented in listings as the numerator only. A variation of fractional odds is known as Hong Kong odds.
Fractional and Hong Kong odds are actually exchangeable. The only difference is that the UK odds are presented as a fractional notation e. Both exhibit the net return.
The European odds also represent the potential winnings net returns , but in addition they factor in the stake e. Favoured in continental Europe , Australia , New Zealand and Canada , decimal odds quote the ratio of the payout amount, including the original stake, to the stake itself.
This is considered to be ideal for parlay betting, because the odds to be paid out are simply the product of the odds for each outcome wagered on. Decimal odds are also favoured by betting exchanges because they are the easiest to work with for trading, as they reflect the inverse of the probability of an outcome.
Decimal odds are also known as European odds , digital odds or continental odds. Moneyline odds are favoured by American bookmakers. The figure quoted is either positive or negative. Moneyline odds are often referred to as American odds. A "moneyline" wager refers to odds on the straight-up outcome of a game with no consideration to a point spread.
In most cases, the favorite will have negative moneyline odds less payoff for a safer bet and the underdog will have positive moneyline odds more payoff for a risky bet. However, if the teams are evenly matched, both teams can have a negative line at the same time e.
The book price is effectively a measure of the competitiveness of the odds prices on offer. In gambling, the odds on display do not represent the true chances as imagined by the bookmaker that the event will or will not occur, but are the amount that the bookmaker will pay out on a winning bet, together with the required stake.
In formulating the odds to display the bookmaker will have included a profit margin which effectively means that the payout to a successful bettor is less than that represented by the true chance of the event occurring. This profit is known as the 'over-round' on the 'book' the 'book' refers to the old-fashioned ledger in which wagers were recorded, and is the derivation of the term 'bookmaker' and relates to the sum of the 'odds' in the following way:.
The true odds against winning for each of the three horses are , and respectively. This represents the odds against each, which are , and , in order. This value of 30 represents the amount of profit for the bookmaker if he gets bets in good proportions on each of the horses. And the expected value of his profit is positive even if everybody bets on the same horse. The art of bookmaking is in setting the odds low enough so as to have a positive expected value of profit while keeping the odds high enough to attract customers, and at the same time attracting enough bets for each outcome to reduce his risk exposure.
A study on soccer betting found that the probability for the home team to win was generally about 3. It was about 3. Making a profit in gambling involves predicting the relationship of the true probabilities to the payout odds.
Sports information services are often used by professional and semi-professional sports bettors to help achieve this goal. The odds or amounts the bookmaker will pay are determined by the total amount that has been bet on all of the possible events. They reflect the balance of wagers on either side of the event, and include the deduction of a bookmaker's brokerage fee "vig" or vigorish. From Wikipedia, the free encyclopedia. This article is about the gambling and statistical term.
For the alternative rock band, see Odds band. For playing chess with odds, i. For the documentary film, see The Odds Against. This article may be too technical for most readers to understand.
Please help improve it to make it understandable to non-experts , without removing the technical details. March Learn how and when to remove this template message. This section does not cite any sources. Please help improve this section by adding citations to reliable sources. Unsourced material may be challenged and removed. May Learn how and when to remove this template message. Journal of Statistics Education. Retrieved 11 July Archived from the original on Jul 14, Retrieved 1 May The Science of Conjecture: Evidence and Probability Before Pascal.
The Johns Hopkins University Press. Retrieved 16 May Bayesian Data Analysis 2nd ed.