Sometimes, all you need is a good calculator and some common sense to figure out the right betting odds. If you’re new to the world of betting, it can be difficult to know how to calculate the right amount when you place a bet. Many books and websites are available to teach you the ropes – if you want to become a better bettor, you could spend a fortune learning the odds. But sometimes, all you need is a good calculator and a little bit of know-how to make your life a little bit easier. This blog post will tell you exactly how to do that. We will walk you through the process of figuring out 1.5 rounds betting odds so you can place better bets and improve your win rate. Let’s get to it.
Step 1: Determine The Outcome You Need
The first step is to figure out what the outcome of the game you’re betting on is. This is easier said than done, but it’s a good idea to look at the point spread or the over/under on the total number of points scored by both teams. If you don’t know what these are, visit our guide to point spreads for more information. Once you have this information, you can move on to step 2.
Step 2: Set Your Vegas Line For The Game
The next step is to set your Vegas line for the game. This is the line you’ll use to determine whether you want to bet on a team or not. For simplicity’s sake, let’s assume you’re betting on the San Francisco 49ers to win the Superbowl. Since that’s a popular betting option, let’s also assume the line is somewhere in the neighborhood of +3.5 points. You’ll want to set the line 3.5 points higher than the total points scored in the previous Superbowl. In this case, you’d set your Vegas line to 4.0.
Step 3: Calculate Base Odds
Once you have your Vegas line set, you can move on to calculating your base odds. This is the odds that the 49ers will win before any adjustments are made for money or bets placed on them. To do this, you’ll simply need to divide the Vegas line by 2 and multiply it by 1.5. So in our example, we would divide the 4.0 by 2, which equals 2.0, times 1.5, which equals 1.5 rounds. You will usually only have to do this once, but it’s a good habit to get into the habit of doing this whenever you make a wager. It will take some practice, but you’ll get the hang of it quickly.
Step 4: Calculate Adjusted Odds
The next step is to see if you want to make any adjustments to your odds based on the amount of money you’re betting on each team. To do this, you’ll simply need to multiply your base odds by the amount you’re betting on each team. In our example, we’re wagering $100 on the 49ers, so we’ll need to multiply our 1.5 rounds by $100 to get our adjusted odds. This gives us 1.5 x $100 = $150 of adjusted odds. We’ll need to do this for both the 49ers and the Patriots to see how our betting will impact our winnings or losses. We’ll come back to this step later when we determine how much we want to wager on each team.
Step 5: Determine Final Odds
The last step is to determine your final odds. Once you have your adjusted odds, you can move on to deciding how much you want to wager on each team. To do this, take your adjusted odds and divide them by the total amount of money you want to wager. In our example, we want to wager $150 on the 49ers, so we’ll need to divide our $150 of adjusted odds by 2, which equals $750 of final odds. If you look at our earlier example, you’ll see that we have 1.5 x $100 = $150 of adjusted odds, which divides evenly into $750 of final odds. This is why we often times see the over on the total number of points scored and the win probability reported alongside the total points scored.
The Bottom Line
That’s more than enough information for one blog post. Hopefully, you learned a lot from this post and can use this knowledge to become a better bettor. Remember, all you need is a good calculator and some common sense. If you’re looking to improve your win rate, simply set your Vegas line for the game accordingly and bet on the more popular options. You’ll eventually begin to see a pattern forming and will find it easier and easier to calculate the right amount to wager. Good luck out there.