How To Read Vegas Odds

For example the points spread might say 6 which means the home team must win by at least 7 points.

How to read vegas odds. For example you might see 3 5 odds. Odds of 3 5 indicate that your profit will be three fifths of a dollar. The main type of odds that las vegas sportsbooks use is american or moneyline odds. The returns will be made up with 70 in profit after betting on the odds while you will also get the 10 back that you wagered. How to read odds and lines in online sportsbooks.

How to read las vegas nfl odds. So for a favorite the odds will begin with a minus sign. Knowing how to read odds makes it so you can place the most informed bets. Let s take a look at an imaginary line the way you d read it off the board sitting in a vegas sports betting lounge or on the screen at your online book. If you stake a 10 bet on the jacksonville jaguars then you could stand to win 80 in returns.

Many people bet on football games based on the point spread. And now that you can calculate your own odds compare multiple sportsbooks odds. American odds are presented in the form of a 100 bet. The favored team will have a minus symbol in front of a number while the underdog will have a plus sign. To read odds start by finding 2 numbers separated by a dash.

To read vegas odds start by finding the points spread listed for the game you want to place your bet on. The word line in the language of a sportsbook can refer to either the odds and or a point spread in any sports contest. They ll indicate the amount you need to wager to win 100 or the amount you ll win if you bet 100. In our example the over comes with 105 money line odds so you d have to bet 105 to win 100. Remember however that no bet is a sure thing.

This is the amount you need to bet in order to win 100. It will be listed as a negative number next to the home team which is always on the bottom. As for the under 115 you d have to bet 115 to win 100 that s the favorite. How to read football odds. Likewise you will have a better chance of having your bet pay off.