Hey guys I'm new to this stuff just a quick inquiry here for you today,
Does 3/1 Odds mean lose 3 win 1?
Does 3 : 1 Odds mean the same thing ?
Also, if I were to bet $1,000 on 3/1 odds proposition, would that mean I get $3,000 for winning?
Would betting $1,000 on 3:1 also mean $3,000 back?
I know this stuff is pretty simple but I don't know anybody who bets sports to ask for their help