For example, 3/1 odds mean you profit three times the amount you wagered. AR$1 bet at 3/1 would pay outR$4 in total, or aR$3 profit and yourR$1 original wager. Conversely, 1/3 odds mean you profit a third of what you wagered. AR$30 bet on 1/3 odds would returnR$40 total, or aR$10 profit and yourR$10 original wager.

Betting Odds Explained\n\n The +  and -  are put in front of odds or lines, indicating the favorites and underdogs. The favorites will be marked with a minus sign, whereas underdogs have the plus sign. This is the case for all types of bets, including moneylines and point spreads.

Casino Miami Jai-Alai features both live jai-alai matches as well as simulcast betting. Located on the original Miami Jai-Alai site near downtown, it hosts matches on a fronton (indoor court) that first opened in 1926.

Jai alai frontons (essentially high, three-sided 176-foot-long racquetball courts), are still found in Philippines and in Latin America. The sport has long been dominated by players from Spain, France, Cuba and Mexico.