How To Read Vegas Odds

Reading the odds are very straightforward and we can use the same examples above to explain.

How to read vegas odds. Knowing how to read odds makes it so you can place the most informed bets. 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. The word line in the language of a sportsbook can refer to either the odds and or a point spread in any sports contest. Odds of 3 5 indicate that your profit will be three fifths of a dollar. Negative odds say how much money would need to be staked in order to win 100.

American odds are presented in the form of a 100 bet. To read vegas odds start by finding the points spread listed for the game you want to place your bet on. 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. How to read american odds. To read odds start by finding 2 numbers separated by a dash.

Remember however that no bet is a sure thing. In our example the over comes with 105 money line odds so you d have to bet 105 to win 100. They ll indicate the amount you need to wager to win 100 or the amount you ll win if you bet 100. Likewise you will have a better chance of having your bet pay off. And now that you can calculate your own odds compare multiple sportsbooks odds.

As for the under 115 you d have to bet 115 to win 100 that s the favorite. How to read odds and lines in online sportsbooks. Some may have different odds for the same event. How to read las vegas nfl odds. 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.

If you stake a 10 bet on the jacksonville jaguars then you could stand to win 80 in returns. 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. How to read football odds. Many people bet on football games based on the point spread.