First, let’s see how sports betting runs and how you can use this knowledge to your advantage. Being able to tell the difference and predict winning scenarios is important. One popular gambling saying argues that good teams win, but great wins cover (the spread). Can you tell American odds from decimal odds, and do you know how these translate into a potential profit? However, there are not too many people who seem to be able to talk about sports betting with confidence and authority. What your chances of winning a bet are and how you interpret betting odds are the bread and butter of every sports bettor’s attitude towards the activity. Yet, for all its fame and popularity, there are still aspects of the sports betting experience that are not completely understood by participants, casual fans, or even some “ sharps,” as the more experienced sports bettors are called. Sports betting is one of the fastest-growing entertainment markets worldwide, and after the United States legalized sports gambling in May 2018, things have been picking up quickly.