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For example, when the Super Bowl rolls around, you’ll be able to bet on the pre-game coin toss, which is a 50/50 proposition. Both heads and tails will have -110 odds, meaning you have to bet $110 to win $100. If two people bet $100 on opposite sides, the bookmaker will pay the winner using $100 of the $110 that was bet on tails, and pocket the remaining $10 for itself. Also known as moneyline odds, this format puts every bet relative to $100. If an outcome has a negative number (e.g. (altro…)