How To Read Vegas Odds

Knowing how to read odds makes it so you can place the most informed bets.

How to read vegas odds. Many people bet on football games based on the point spread. The word line in the language of a sportsbook can refer to either the odds and or a point spread in any sports contest. How to read odds and lines in online sportsbooks. 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.

The main type of odds that las vegas sportsbooks use is american or moneyline odds. For example you might see 3 5 odds. How to read american odds. To read vegas odds start by finding the points spread listed for the game you want to place your bet on. This is the amount you need to bet in order to win 100.

How to read las vegas nfl odds. Odds of 3 5 indicate that your profit will be three fifths of a dollar. The favored team will have a minus symbol in front of a number while the underdog will have a plus sign. In our example the over comes with 105 money line odds so you d have to bet 105 to win 100. Likewise you will have a better chance of having your bet pay off.

It will be listed as a negative number next to the home team which is always on the bottom. These odds show you straightaway which team is the favorite and which team is the underdog. To read odds start by finding 2 numbers separated by a dash. If you want to make a bet on a football game understanding the odds for each team is important so you know how much money you re wagering or winning. Some may have different odds for the same event.

If you stake a 10 bet on the jacksonville jaguars then you could stand to win 80 in returns. 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. 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. Remember however that no bet is a sure thing. As for the under 115 you d have to bet 115 to win 100 that s the favorite.