Let’s get one thing straight from the jump: that jumble of numbers you see next to a team’s name—the +150, the -200, the weird 2.50—it’s not a secret code. It’s not a test. It’s just a language. A language that …

1. Understand the Odds – The Language of Betting

Odds aren’t just random numbers thrown on a screen to confuse you. They are the single most important piece of information in any wager. They represent two things: probability and profit. …