how to read betting odds football

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Method 1.

  • 1. Understand that the favored team must win by more than the points listed to pay out. Check the odds of the game you want to bet on and find the …
  • 2. Know that the underdog pays out if they win, or lose by fewer points than the spread. Check the point spread odds for which team has a plus sign …
  • 3. Get your original bet back if the point spread results in a tie. Usually when you win a bet, you’ll get your original bet back plus an additional …
  • 4. Make a pick’em bet if neither of the teams are favored. If there isn’t an obvious underdog for the game you’re betting on, then the odds may be …

The favorite is posted with a minus sign and a number. That number represents the amount of cash that has to be wagered in order to win $100. The underdog, on the other hand, is listed with a plus sign in front of a number. That number shows how much a bettor wins when they bet $100.

Full
Answer

How to read football point spreads?

Aug 26, 2020 · LA Lakers 2.40. Chicago Bulls 1.55. If you chose to place a wager on the LA Lakers at 2.40, you need to multiply your $10 bet by the 2.40 odds given (10 x 2.40) to determine that the payout is $24. It is crucial to understand when you read betting odds that decimal style already includes the amount you wagered.

How to calculate football odds?

What is +500 odds bet?

What are the best football betting sites?

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What does +3 mean in football?

Team A is a three-point favorite over Team B. Therefore, the betting spread for Team A is -3, and the point spread for Team B is +3. If you place a bet on Team A at -3, they must win by four points for you to receive a payout. If they win by three, this is a push, which means that you will receive your risk back.


What does a +7 spread mean?

What does +7 spread mean? If the spread is seven points for a game, it means the underdog is getting seven points, noted as +7 on the odds. A team posted at -7 is the favorite and is laying seven points.May 27, 2020


What does +3 mean in NFL bet?

In a spread bet, the odds are usually set at -110 on both sides, depending on the sportsbook and state. That means whether you bet the Colts -3 or Texans +3, you’ll win the same amount of money if you win the bet.


How do you read betting odds?

Negative numbers are reserved for the favorite on the betting line and indicate how much you need to stake to win $100. Conversely, positive numbers are attached to the underdog and refer to the amount you could win if you bet $100. If you are certain of a winner, you stand to make more money on positive odds.


What does 8.5 spread mean?

Let’s say that a team is favored as 8.5 point favorites or written as -8.5. For the favored team to “cover the spread,” they must win by at least nine points. If they win by eight points or less, it doesn’t matter that they won because they didn’t cover the spread.Sep 22, 2021


What happens if you push in a parlay?

If a game in a parlay pushes — meaning the score lands exactly on the spread or total — that leg of the parlay is removed, and the rest of it will stand. So a three-team parlay (+600) with two wins and one push will just become a two-team parlay (+260).Nov 22, 2021


What does +6.5 mean in football?

Chicago +6.5 means that Chicago is the underdog and has been “spotted” or “given” 6.5 points; if Chicago loses by 6 or fewer points, it is a winning bet (if Chicago pulls an outright upset, it is also a winning bet). Usually, there is a 10 percent “juice” that the house or sportsbook charges for line betting.Aug 2, 2018


What does Bengals +4.5 mean?

Cincinnati Bengals -4.5. Above is an football point spread. Pittsburgh is +4.5, with Cincinnati at -4.5, which means Pittsburgh is a 4.5-point underdog and Cincinnati is favored by 4.5 points. For a bet on Pittsburgh to win at +4.5, they can either win the game outright or not lose by an amount that surpasses 4.5.


What does +10.5 mean in bets?

Looking at the underdogs, the Redskins are +10.5 on the spread (10.5-point underdogs), meaning they would have to lose by 10 or less in order for your bet to cash. The Titans are 4.5-point underdogs, meaning they would have to lose by four points or less in order to win.


How do you read football odds UK?

Betting odds represent the probability of an event to happen and therefore enable you to work out how much money you will win if your bet wins. As an example, with odds of 4/1, for every £1 you bet, you will win £4. There is a 20% chance of this happening, calculated by 1 / (4 + 1) = 0.20.


What are 9 to 4 odds?

9/4: For every 4 units you stake, you will receive 9 units if you win (plus your stake). If you see fractional odds the other way round – such as 1/4 – this is called odds-on and means the horse in question is a hot favourite to win the race.


How much money would you win if you bet $100?

So if the bet is -100 and you won, the payout would be $200 for a profit of $100.


How to pay out a bet on a favored team?

Understand that the favored team must win by more than the points listed to pay out. Check the odds of the game you want to bet on and find the team that has a “-” sign next to its point spread. Check the number listed after the “-” sign so you know how many points the team needs to win by to pay out the bet.


What happens if you win a bet on a point spread?

Get your original bet back if the point spread results in a tie. Usually when you win a bet, you’ ll get your original bet back plus an additional amount based on the odds. If the point spread for both of the teams is a round number, then there could be a tie, also known as a “push.”.


What is the difference between money line odds and point spread odds?

Know that money line odds are based only on which team wins. money line odds are different than point spreads since they don’t concern what the score of the game was . If you bet on the winning team in a money line bet, then you get paid out.


What does “over” mean in football?

The over/under is a single number that’s usually listed for football games, and the number refers to the total number of points both teams score. If you think the teams will score more points than the number listed, then bet over. Otherwise, if you think the team will score less, bey under the number listed.


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Types of Football Odds Formats

It’s critical to understand football odds to win money on the sport. There are three normal bets for football contests that most bettors wager. The main bet for football games is the moneyline. When you place a moneyline bet, you are picking one team straight up to win.


Who offers the best odds?

Before placing a bet on football, you should always check a few sportsbooks to see who offers the best odds as not all operators are priced the same. Generally, we find PointsBet, BetMGM, and DraftKings sportsbook have the best NFL and football odds.


How Do Point Spread Bets Work?

Point spread bets can yield a lot of money. These types of wagers are more complicated than the moneyline and the spread. They must be explained in more detail for people looking to get into football betting.


American Odds Explained

If you’re betting football, you will experience American odds the majority of the time. It’s important to understand how American odds work to understand the betting value. Odds determine how much money you will win for your risk amount.


American Odds

There are three classic formats in which odds are displayed; Fractional odds, decimal odds, and American odds. In this section, we are going to focus on American odds. Most online sportsbooks will display their odds as ‘American odds.’ There are different versions of sports betting odds, but American odds are the most typically used.


How To Calculate Implied Probability

Implied probability reflects the likelihood of a particular outcome, as shown by the odds. Calculating this involves converting odds into a percentage, which then indicates how likely that event will occur against the alternative.


Decimal Odds

Decimal odds are the most straightforward to understand. They are mostly used across Europe, so you are less likely to encounter them in the United States. To calculate decimal odds, you will need to multiply the amount you wish to bet by the decimal odds shown to get your payout. Below is an example of how decimal odds are displayed:


Fractional Odds

Similar to decimal odds, fractional odds are more commonly used in Europe, particularly on horse racing in the UK. These may look unusual to an American bettor, as the odds are displayed like 10/5 or 1/2 that you would encounter if you were to watch the Kentucky Derby.


How To Read Vegas Odds

Las Vegas is known as the gambling mecca of the world. People flock from all corners of the globe to experience the Vegas strip’s bright lights and thriving atmosphere. Before you make the trip, it would be extremely beneficial if you have an understanding Vegas odds.


What US Sportsbooks offer the best odds?

This is always a tricky question as there are so many sports and so many operators now available. Some are better at offering the best odds on football, while another sportsbook may be best at offering the best odds on soccer. However, the two most used sportsbooks we recommend and use for the best odds are

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