Sportsbook Betting Odds
MyBookie Sportsbook & Casino is the top Online Sports Betting destination in the world created to cater all type of bettors. As a fully licensed online betting site, we provide customers a qualified and professional service complete with betting odds and lines on all major sports leagues around the world. Get todays Sports Betting Sheets from South Point and Circa Sports sportsbooks in Las Vegas to see the odds from MLB, NHL, NFL, NCAA, NBA and more sports. Welcome to the Sports Betting Odds section of The Sports Geek. If you are new to sports betting and don’t understand how to read betting odds (+150, -110, +2200, etc) we will lay it all out for you and help you learn how the betting odds work. It allows the sportsbook to make a margin on either selection, but some take a smaller margin by offering -105 sports betting lines. You might see -110 rendered as 1.91 (decimal odds) or 10/11. Public Betting Compare Odds PRO Report Projections Expert Picks Our odds page gives you lines from a variety of sportsbooks to make sure you’re getting the best price no matter what you want to bet. The best lines will be highlighted in green and update in real time. Use the filter odds tab to look at spreads, over/unders or moneylines.
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How to read Super Bowl 55 Odds
The Kansas City Chiefs wil meet the Tampa Bay Buccaneers in Super Bowl 55 from Raymond James Stadium in Tampa, Florida on Feb. 7, 2021.
The Chiefs opened as -3.5 betting favorites while the Buccaneers are 3.5 underdogs.
After early wagers came in, most operators are holding Kansas City -3 (-120).
If you were to wager on Kansas City -3, you would have to lay 5/6 odds (Bet $120 to win $100) instead of your normal 10/11 juice (Bet $110 to win $100).
The return on Tampa Bay would be even-money (1/1) and a $100 wager would return $100.
The total or over-under on Super Bowl 55 is hovering between 56 and 57 points.
How to read NFL Las Vegas Odds
The point-spread was developed to provide a balance for both teams involved in a contest to entice bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $90.91 (10% juice)
It's not uncommon to see other values posted other than -10. Examples seen on the NFL Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.
The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NFL bets.
Another number that’s posted on the NFL Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
NFL Open Line
One of the best features on the NFL Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If you’re betting on the NFL or any other sport, it’s a great idea to view the open line first.
VI Consensus NFL Line
The VegasInsider.com Consensus NFL Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a “Median Line” since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
How do I bet on the Super Bowl?
We know that you can bet on the Super Bowl and all of NFL Futures or bet on the NFL Draft at any time of the year, but what’s the process? The future wager or the “Odds to Win” bet on the Super Bowl is correctly selecting a team to win an event that takes place at a later time. A bettor will have his wagered money tied up until there is an outcome and bettors will receive fixed odds when they place the wager. In the case of the Super Bowl, you’re not a winner or loser until you see zeros on the clock in the final game.
Most sportsbooks offer different ways to read to Super Bowl Odds. In the fractional NFL Futures Odds format below, you simply take the odds and multiply by the amount wagered.
Ex. Green Bay (8/1) to win the Super Bowl
The Packers are listed as an 8/1 betting choice to win the Super Bowl. If you wager $100 on Green Bay to win the NFC and they capture the championship, then you would win $800 (8 ÷ 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).
The American Format would see Green Bay listed at +800 and for the Decimal Format, the Packers would be 9.00.
If you are in a state where online betting is legal, we encourage you to check out our sportsbook directory to find the most trustworthy and reputable sites and mobile apps to place your Super Bowl bets.
FanDuel Sportsbook is one of the most popular sportsbooks in the country, and for a good reason. FanDuel provides a wide range of sports betting options. From Australian Rules Football to Tennis, if you want to bet it, odds are FanDuel Sportsbook has it. Another reason they are a great sportsbook, their number of live betting options. You can access the FanDuel Sportsbook virtually any time of the day and see live odds continually changing.
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Tampa Bay Buccaneersfanduel sportsbookSpreadOdds Boosts
This is one of the best features that separates FanDuel Sportsbook from the rest of the competition. Each day FanDuel offers players a chance to win a little extra money with their “Odds Boosts” bets. What are Odds Boosts? Odds Boosts are an added value to a bet or parlay. Examples of this could include “Yankees win, and Mets lose,” and the value could be boosted from +150 to plus +200. It could also be as simple as “Serena to win Wimbledon” boosted from +100 to +175. There is a max bet associated with most Odds Boost bets, but for the added value, it is certainly worth the limitations.
Explaining How Odds Work
For those who are new to sports betting, a sportsbook can look a little confusing at first, but it is straightforward to understand everything you are seeing. You may see a number attached to a certain bet, such as +150 or -110. These are the odds that payout for that particular bet. If you see a bet selection with +150, that means for every $100 you risk, you win $150 in return. So if you bet $300, you would win $450 on that bet. When you see a -150, that will work the opposite way. You would have to wager $150 to win $100. So if a bet has a line of -120, you would need to bet $120 to win $100. If you bet $100 on that -120, you would only win $83.33.
Don’t worry. The FanDuel Sportsbook does all the calculations for you; all you have to do is input your desired betting amount. The bet slip will show you how much you can win for the particular bet you have chosen.
Common Types of Bets
There are a lot of different betting options, but we are going to stick to the basics for now. The most common types of betting are “Money Line”, “Spread”(sometimes referred to the “Run Line” in baseball and the “Puck Line” in hockey), and “Total”.
Money Line
“Money Line” betting is the simplest and most common form of betting. This means you are betting who will win the game or match. It is that simple. If you would want to bet on the Green Bay Packers to win against the Pittsburgh Steelers, no matter by how much, all you would do is place a Money Line bet. For favorites, the payouts are smaller on Money Line bets. For underdogs, the payouts are higher.
Spread
The “Spread” is the score set by the sportsbooks that your bet must either win by if they are the favorite or “cover” if they are the underdog. Covering means an underdog doesn’t lose by the amount of the spread or more. An example of this would be if the Packers were favored by seven points. You would see Green Bay-7 in the sportsbook, and in return, you would see Dallas+7. This means if you bet the spread, the Packers have to win by more than seven for that bet to win. If you take Dallas, they can lose by as many as six points or even win the game, and you win your bet. The Spread is how a sportsbook evens the playing field for underdogs.
Total
The “Total” is another simple and common way of betting. This means you are betting the “Over” or “Under” on a specific game. In an NFL game, you could see a total of 40 points. If you bet the Under, you would need the combined score of the two teams playing in that game to be less than 40 points to win your bet. If you take the Over, any total in that game higher than 40 points will get you the win.
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