In American odds, the minus symbol denotes the favorite, whereas the plus sign indicates the underdog. If soccer is more your thing, then you could bet on Tottenham to beat Chelsea at Stamford Bridge, which might carry odds of 9.90, which would equate to $990 if you bet $100, yielding an $890 profit. While there are parallels between the NBA and the NFL, it’s possible for the NBA to have “+” odds for underdogs.

Find the Best NFL Odds

Tools include deposit limits, time-outs, loss limits and even self-exclusion. In the above example, the 3/1 shows that if you placed £1 on a bet with those odds, you would receive £3 back as your winnings (plus the original stake of £1). You’ll notice that in the above example, we’ve used what are called ‘fractional odds’ to explain how odds work – that’s because this format of odds is used most commonly in the UK. It’s incredibly important to us that our players are receiving the best odds and odds quality to make their betting experience better than ever before. If the Chiefs won by exactly 13 points then it is a “push” (tie) and the bets are returned with no profit or loss to the bettor. Fractional odds are always expressed in whole numbers which means you would never see $4.5/1 but instead you would see 9/2 which is risking $2 to win $9.

You might see Duke installed as the 8.5-point favorite in the March Madness lines for that hypothetical game against North Carolina. You would generally expect to find odds of -110 on either team to cover the spread, unless you find a reduced juice book that takes lower vigorish and offers -105 lines on each team. There are several types of bets and in addition to the point spread and moneyline wagering, there are also totals, prop bets, and futures. All these markets are found at all the best online sportsbooks and below we will discuss all of them. Prop bets add variety and excitement to college football betting.

• Our guide to college football odds and betting lines covers everything you need to know about betting on college football games.
• The more legs added, the higher the payout potential, but the risk also increases since a single incorrect leg results in a loss.
• As an example, odds of 1.500 mean that one stands to get a payout of $1.5 for every $1 bet, for a win of $0.5 on every dollar.
• Here, you’ll need to wager $110 to win $100, and the goal of the wager is for the 76ers to not only win the game but to do so by more than three points.

How do you read betting odds?

This allows them to ensure that they make their profit regardless of the outcome of that event. A bookie doesn’t exist to predict the future – its reason for existence is to make money, and it ensures itself profit through its oddsmaking. While you certainly can put your brain to use and work out the maths by hand, the easiest way to do so is to use an odds converter. Betting odds come in a few formats, which each dominate in different parts of the world. Enter your stake, or the amount of money you wish to wager, here. Enter the odds, including the kubet casino fraction sign, and then click out of the box for the other odds to appear.

To recap from our moneyline betting guide, a moneyline wager is simply picking which team will win. When betting a favorite, you will see a “-” ahead of the implied odds your wager has to win. This number represents the amount of money you will have to risk in order to win $100. When betting an underdog, you will see a “+” ahead of the implied odds your wager has to win. This number represents the amount of money you will win if you risk $100. This means that the parlay bettor would receive a potential payout of 24 times their original stake if all three events are successfully predicted.

Real-Time Sportsbook Odds Comparison

Our comprehensive guide to moneyline betting answers a lot of additional questions novice players might have about this bet type. Our NFL odds layout features many of the best sportsbooks in your area, with the most up-to-date odds available for every game and futures market. Seek out any odds listed in blue; that identifies the best value for a particular play.

An average golfer playing a professional would have no chance but if you handicap the pro by adding 30 strokes, now the average golfer has a chance of winning. Remember, there are ample betting options out there so if the point spreads or moneyline odds don’t entice you then move on to another game where you can find value or an edge. This is real money you are betting so be choosy about what you bet and limit the number of wagers you make. A player prop would focus on an individual player and it could be passing yards, receiving yards, sacks, tackles, etc… The bettor gets to choose to go over or under that specific total.

If the Steelers pull off the upset, you get back your initial stake of $100 in addition to the $585 you won, for a total payout of $685. Gambling can be addictive, always play responsibly and only bet what you can afford to lose. Gambling sites have a number of tools to assist you to stay in control, including deposit limits and time outs. If you think you have a problem, advice and support is available for you now from BeGambleAware or Gamcare. Betting sites offer plenty of tools so that customers can manage the time and money spent betting.