Betting on sports has been going on for a very long time now. Sports betting is a big industry around the world, with millions of dollars changing hands each day. The phenomenon of betting over sporting events is found throughout the world, with some countries even legalizing the entire process, while it continues to be considered illegal in many others. The advent of the internet has simplified the entire process of betting on sports. This apart the internet is also the best possible tool that you can use to get to know about sports betting odds basics.

Generally speaking sports betting basics start with the two types of betting odds, point spreads and money lines. While wagering is the same in both these types, points spreads differs in the sense that the number of points that a winner needs to have over the other losing team is also taken into account. All these aspects cannot be learnt overnight and it would definitely take some time for you to get acclimatized to the various terminologies before you can deal with live sports betting odds.