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Decimal odds

Betting Fundamentals

What do betting odds represent? How much should you bet? What is betting value and how is it calculated? The bettingexpert Academy Betting Fundamentals guide answers these questions and more, providing readers with the foundations of successful sports betting.

How to convert odds

What are betting odds? What’s the difference between decimal and fractional odds? What is implied probability and how is it calculated?

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What is value betting?

What is a value bet? How is value calculated? How can we determine whether a bet has value? Why should we only bet when there is value?

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How much should you bet?

What is the best staking strategy? What is the optimal size stake? What is the Kelly criterion and why is it so popular?

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