7/6/25

Betting Odds Explained: the One Concept Every Bettor Must Understand

📺 About This Episode: In this episode of Lines & Logic, we break down one of the most foundational concepts in sports betting: odds are both prices and probabilities. You’ll learn how to convert betting odds into implied probabilities, why this matters for identifying value, and how the sharpest bettors use this knowledge to craft an edge. If you’re new to betting — or just never learned the math behind the odds — this episode is a must. 🧠 About Lines & Logic: Lines & Logic is your go-to series for smart, sharp, no-fluff sports betting education. Every episode dives into core concepts, winning strategies, and practical tools that help you craft an edge — whether you’re just starting out or looking to level up. If you’re serious about becoming a sharper bettor, you’re in the right place.

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What Is Expected Value? What is +EV betting? | Lines and Logic with Sigma Squirrel