How To Read Vegas Odds

For example you might see 3 5 odds.

How to read vegas odds. How to read las vegas nfl odds. The favored team will have a minus symbol in front of a number while the underdog will have a plus sign. 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. And now that you can calculate your own odds compare multiple sportsbooks odds.

It will be listed as a negative number next to the home team which is always on the bottom. Likewise you will have a better chance of having your bet pay off. So for a favorite the odds will begin with a minus sign. They ll indicate the amount you need to wager to win 100 or the amount you ll win if you bet 100. Many people bet on football games based on the point spread.

How to read american odds. 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. In our example the over comes with 105 money line odds so you d have to bet 105 to win 100. As for the under 115 you d have to bet 115 to win 100 that s the favorite.

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 football odds. Odds of 3 5 indicate that your profit will be three fifths of a dollar. Knowing how to read odds makes it so you can place the most informed bets. These odds show you straightaway which team is the favorite and which team is the underdog.

The word line in the language of a sportsbook can refer to either the odds and or a point spread in any sports contest. 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. 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. How to read odds and lines in online sportsbooks. This is the amount you need to bet in order to win 100.