Definition: The likelihood of an outcome occurring, stated in number form. The
"straight up" outcome is typically the basis of the
wager, without regard to a
point spread. Odds are often stated as a
money line.
Example: Jackson got good odds at a -500 money line on Mike Tyson to win the fight; but he likes his 10 to 1 odds on the Pats to win the Super Bowl even better.
Pregame.com offers the Sports Gambling Glossary to give you a better understanding of sports betting terms and definitions so you can bet with confidence.