The best way For you to Read Betting Probabilities

What Does 10 To 10 Odds Mean?

The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. Betting against the spread – In the sports betting industry the acronym ATS is used to label a team’s record when betting against the spread. And, conversely, a team could be losing a lot of games but playing in a lot of close games as underdogs and have a good ATS record going. In this example the Jets are listed as four-point favorites (-4) over the Bills and the 49ers are three-point underdogs (+3) against the Seahawks.

With odds like this, you could have expected a game full of fireworks. The standard number is –110, meaning a successful bet of $110 would net $100 profit. This is the “juice” or “vigorish” (aka “vig”) for the house or sportsbook. Assuming equal bets on both sides, the house has a built-in 10 percent cut of the action, regardless of the outcome of a particular sporting event.

While it’s simple enough to figure out, if you don’t feel like doing the math, use ESPN’s gamecast preview or Action Network’s odds calculator. For example, say the 49ers score two early touchdowns in Week 1 while the Lions fail to move the ball. If the Lions take the ensuing kickoff to the house, you might see 49ers -11.5 after that. If you’re still determined to bet the Lions, you should see if any sportsbooks to which you have access are still dealing +7. This is known as “line shopping” – searching for the best available line. Well, you should first ask yourself if you still like the Lions at +6.5.

For example, if you bet $10 on the New York Knicks to win at odds of 2.25, your return (or “total payout”) would be $22.50 if they won. Underdog bets are betting $100 “to win” whatever the odds are. If you think the Chicago Bulls are undervalued and have a much higher chance of winning, then betting on them makes sense. Based on our evaluation of thousands of data points, we found FOX Bet offers the best odds on spread bets. If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits. MyBookie and BetUS are my two favorite sportsbooks and make betting very easy.

The Miami Dolphins are the underdogs, as indicated by the +5 posted next to their name. They are the ones getting the points to try and help them in this matchup. ‘Puck Line Bets’ or ‘Puckline Bets’ are the hockey equivalent of NFL point spread bets or NBA point spread bets.

In order to win $100 on the Penguins , you’ll need to wager $130. If you wagered $100 on the Senators , you’d be set to win $110. There is not a ton of scoring in those three sports so there aren’t any large spreads. The spreads don’t increase even if one team is a huge favorite in a particular matchup. In fact, baseball, hockey, and soccer commonly set the run or goal line at 1.5, which rarely changes.

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