How To Read Vegas Odds

If you stake a 10 bet on the jacksonville jaguars then you could stand to win 80 in returns.

How to read vegas odds. How to read odds and lines in online sportsbooks. 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. To read vegas odds start by finding the points spread listed for the game you want to place your bet on. The favored team will have a minus symbol in front of a number while the underdog will have a plus sign. 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. Knowing how to read odds makes it so you can place the most informed bets. And now that you can calculate your own odds compare multiple sportsbooks 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. For example the points spread might say 6 which means the home team must win by at least 7 points.

How to read football odds. Remember however that no bet is a sure thing. The main type of odds that las vegas sportsbooks use is american or moneyline odds. Many people bet on football games based on the point spread. American odds are presented in the form of a 100 bet.

As for the under 115 you d have to bet 115 to win 100 that s the favorite. These 2 numbers are the odds and you can turn them into a fraction to figure out the amount of profit you will make per dollar spent. Some may have different odds for the same event. How to read american odds. In our example the over comes with 105 money line odds so you d have to bet 105 to win 100.

How to read las vegas nfl odds. These odds show you straightaway which team is the favorite and which team is the underdog. Negative odds say how much money would need to be staked in order to win 100. To read odds start by finding 2 numbers separated by a dash. Odds of 3 5 indicate that your profit will be three fifths of a dollar.