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Betting Odds, Lines and Spreads

The five represents the amount you would win on a successful bet, and the one represents your initial investment. If you were to bet £20, you would win £100 (5 x 20) if the bet lands. Our reviews give you all the information you need to know to get started on your sportsbook of choice.

If you see a minus sign, it indicates the amount you need to wager in order to win $100. If the odds are -105, you must lay down $105 in order to win $100. Your stake is always returned on winning bets, so your return in this instance would be $205. The odds are thus elements in their own right as far as sports betting is concerned. Importantly, these can vary in value from one bookmaker to another, for the same market.

If you see a minus sign before a set of odds, it tells you how much you need to stake in order to earn a $100 profit. In this instance, you would have to bet $770 on the Eagles just to earn a $100 profit, indicating that Philadelphia is the heavy favorite. Our top mission at Odds Scanner is to help you become a better bettor.

A number like this next to a wager is referencing a point spread. When you see a team -1.5, it means they are favored to win by 1.5 points. If you see an NFL team is +1.5, it means they are underdogs and expected to lose by 1.5 points.

betting odds

A wager on the Devils would pay off if they won or lost by a single goal. If you want to learn more about types of odds and their different formats, check out out Odds Conversion Calculator page. Odds Scanner is the ideal site for any bettor looking the best odds, quality tools, thorough reviews, and more. When using Odds Scanner, you get all the features below and more. You can be assured that if there’s an important match, fight, tournament, or race happening, Odds Scanner will provide you with the predictions and tips you need to make an informed decision.

On the other hand, a positive value on the same game (+11.5) means the underdog starts with an 11.5-point lead before the game even begins. In NFL online betting, the favorite must win by 12 points or more to cover the NFL spread; the ‘dog is able to lose by 11 points and still cover the spread. Alongside the best available odds, we will give you information about the latest free bets and new promotions across betting sites operating in your country. The odds on these futures bets will change as the season wears on.

  • Online sportsbooks provide hundreds of betting options on football, basketball, baseball and hockey games.
  • A moneyline bet is a simple prediction on which team will win a game.
  • For instance, using the $150 bet on the Packers -150 to win $100, your expected payout is $250 because it includes your original wager.
  • You must learn how to read the odds, appreciate the different type of sports wagers available and understand the jargon used in the sports betting industry.

This would make placing the best bets a smooth process and immensely help in accumulating bigger profits over time. American betting odds can either begin with a plus (+) or a minus (-). If they begin with a plus, it explains the profit available on a successful $100 wager. If they begin with a minus, it explains how much you need to wager to win $100.

The weather can play a huge factor, and rain, wind and cold temperatures can sway the total, and make betting the spread a little less reliable. Also known as NFL OVER/UNDER betting, the total is the number set by sportsbooks that estimates the total combined amount of points scored by both teams. Bettors then must predict whether there will be more or fewer points than the NFL “total.” If you bet UNDER 37.5, you are hoping for a defensive battle and predicting the offenses to struggle. If you bet OVER 37.5, you are hoping this will be a high-scoring NFL game.

Betting has existed since money has existed, and now legal sportsbooks in the US are offering bets on the Super Bowl, March Madness, the World Cup, the Olympcs, and much, much more. Some jurisdictions even allow for betting on things like the Oscars and presidential elections! VegasInsider covers every sports betting event in the United States with a focus on the major four professional sports and the two college betting markets. Vegas odds are set by the famous sportsbooks in Las Vegas, Nevada. They include Vegas odds NFL Super Bowl and lines on various games each day.

We partner only with the best and most trusted brands in the industry, and support real-time price updates, offers, tips and promotions. We give you, the user, the power and control to find the best bet for you. Sometimes, a sportsbook may offer odds that you are not comfortable with.

Better teams will have lower odds since they have higher chances of winning, while less powerful teams will have higher odds. The positive value, i.e., +120, shows the underdog, which means you’ll win $120 when you wager $100. In contrast, a negative value like -110 shows how much you’ll need to wager to win $100. It goes under different categories, including point spread, moneyline, and total. These are in terms of 100, and each one will have a plus or minus in front of them.