Online Sports Betting Odds
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Odds Shark aims to become the global authority for online sports betting odds, whether it be in sports betting, poker, casino games or horse racing. To that end, it continues to add new football betting lines for NFL fans and new college football odds on all games for players who bet more on Saturdays than Sundays. Sports Predictors. Predictem.com Check this site out for tons of free sports picks against the point spread and betting advice from their team of prognosticators! OddsShark.com Betting odds and total. Get the latest sports betting odds for NFL, MLB, NBA, NHL, NCAA football and NCAA basketball, including spread, money line and over/under. Las Vegas Betting Lines at VegasInsider.com. Specializing in free sports picks, gambling handicappers, Internet sports betting odds and online sportsbooks.
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.Betting SiteBonusBet Now1 up to €30 Free BetGo to Site222Bet100% up to €122Go to Site3100% up to €200Go to Site410Bet100% up to €50Go to Site5 100% up to €50Go to SiteSports Betting Odds Explained
Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.American Style Sports Betting Odds
Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:American Odds
*Matchup Odds
*New England Patriots +120
*Pittsburgh Steelers -140
The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.
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. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.
The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.
A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.
Examples:
A listed odd with a + sign in front of it, such as the +120 in our example above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits.
Examples:
Below is an example of NFL betting odds taken from an online betting site.OT 4:46 UNH UNH 56 Binghamton BING 56
In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet pays $100).
The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.
Ready To Start Betting?MyBookie and BetNow are my two favorite sportsbooks and make betting very easy. You will also get a Free Money Bonus at each sportsbook if you follow either link above.Decimal Style Sports Betting Odds
Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:
If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.
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.
Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.
Legal online sportsbooks in the US offer numerous ways to bet on sports but sports betting odds can be confusing to new bettors. Time-tested betting methods like moneyline, point spread, totals, and parlays represent just some of the overall betting markets available on mobile sports wagering sites.
Futures, in-game, in-play, and prop betting offer even more ways to wager for bettors in the US. Brands like DraftKings Sportsbook and FanDuel Sportsbook each employ linemakers, tasked with setting the in-house odds and lines for all games.
US federal law allows individual states to legalize and regulate sports betting. As of January 2021, 14 states legalized online sports wagering.Types Of Bets Available At Online Sportsbooks
Legal online sportsbooks offer a vast number of different ways to wager on sports. Sports bettors have engaged in point spread and moneyline betting for decades, as these betting types represent some of the most time-honored and simple ways to bet.
Totals bets (aka over/under bets) task the bettor with predicting the total final score between two teams in a sports contest.
Bettors have enjoyed parlay wagers throughout the entire history of sports betting. Parlays allow multiple wagers to be placed on the same ticket, with the parlay paying out only if all bets on the tickets win. Parlays can generally involve any combination of different bet types, with winning tickets offering massive potential payouts.
Futures bets allow wagering on a season-long event. A futures bet sets sports betting odds on events like what team will win the NHL Stanley Cup, or which player will win the NBA scoring title.
Modern online sportsbooks also offer in-game and in-play betting, allowing for wagers on a contest while it’s being played.
Learn more in our Guide To Placing A Sports Bet Online.Straight BetsMoneyline
Moneyline bets represent the most straightforward kind of sports wager. This kind of wager tasks the bettor with simply picking the winning team in a sports contest.
Underdog teams pay out at better odds than favorites in a moneyline bet. For example, an NBA moneyline bet offered by DraftKings Sportsbook might look like this:TeamMoneyline OddsOrlando Magic-240Brooklyn Nets+195
This line sets the Orlando Magic as the favorite. The -240 odds mean that a $240 wager would net $100 in profit if the Magic win.
The Brooklyn Nets +195 line means a $100 bet yields $195 in profit if the Nets win.Over/Under
Over/Under, aka totals bets, allow bettors to wager on the total number of points scored in a game. An over/under line looks like this:TeamsTotalOrlando Magic Over 211.5 -112Brooklyn NetsUnder 211.5 -109
This line allows bettors to wager on whether the total score of the game will go over, or fall under 211.5 points. The under bet pays slightly better than the over in this example.
Note that both the over and under lines represent a bet on the total score from both teams. The bottom row isn’t offering a bet on the Nets to go under 211.5, for example.Point Spread
The most popular bets at most sportsbooks are point spread bets. These bets allow the bettor to choose the underdog plus points, or the favorite minus points. Instead of significantly better odds on the underdog, the point spread allows sportsbooks to set the favorite and underdog at relatively even odds.
Here’s the Magic vs. Nets example from above as a point spread bet:TeamPoint SpreadOrlando Magic-6 -110Brooklyn Nets+6 -110
Bettors can pick favored Orlando with six points deducted from its final point total, or underdog Brooklyn plus six points. Both teams pay -110 odds in this bet, meaning a $110 wager wins $100 in profit.
For example, if you bet $110 on Orlando, and the team wins the game by a 98-91 score, you get $210 back total for a $100 profit. Applying the -6 line to Orlando’s score still positions the team as a 92-91 winner.Futures Bets
A futures bet generally functions as a wager on a season-long event, rather than a single game. An example of a futures bet might be a wager on what team will win the MLB World Series, or what player will win the NFL rushing title.
A futures bet can be made at any time before or during a sports league’s season, up until the specified event occurs.NBA Finals Futures Bets
Just before the restart of the 2019-2020 NBA season in July 2020, FanDuel Sportsbook offered the following odds on NBA Finals futures bets:TeamOdds to win the 2019-2020 NBA ChampionshipMilwaukee Bucks+240Los Angeles Lakers+260Los Angeles Clippers+320Houston Rockets+1700Toronto Raptors+2000
These five teams represent some of the favorites to win the championship, but all 22 NBA teams still in the championship hunt are available for betting.MLB National League MVP Futures Bets
Before the start of the 2020 Major League Baseball season, FOX Bet set the following lines on what player would win the National League MVP:Player nameOdds To Win The 2020 NL MVPMookie Betts+550Cody Bellinger+650Christian Yelich+750Ronald Acuna+900Juan Soto+1100
Futures market betting odds change as the season plays on, and the lines can alter drastically as the season comes into focus.
For example, if Mookie Betts leads the National League in multiple offensive categories with a few weeks left in the season, the odds on Betts winning the MVP will move closer to even money, or even beyond.Prop Bets
A prop bet (short for proposition bet) is a wager on an aspect of a game unrelated to which team wins. Examples of prop bets can include what player will lead a basketball game in scoring, or whether the total number of points in the game will end up as an odd or even number.Super Bowl MVP Prop Bets
The Super Bowl annually brings in the largest number of prop bets of any US-based sports event.
One of the most popular prop bets on the game each year involves predicting the Super Bowl MVP. Caesars Sportsbook set Kansas City Chiefs quarterback Patrick Mahomes (+110) as the favorite to win the Super Bowl LIV MVP, and Mahomes did just that.Odds - WikipediaPlayer Prop Bets
Player prop bets involve wagering on an individual player’s statistics in a particular game. The 2017 NBA Finals, for instance, offered several ways to bet on LeBron James’ statistics.
James was then a member of the Cleveland Cavaliers. Available prop bets on any single NBA Finals game included over/under bets on his total points scored, whether he would lead a game in scoring, and many others.Exotic Prop Bets
Exotic prop bets can be fun but largely involve luck. Examples of exotic prop bets include predicting what team wins the Super Bowl coin toss, or the length of the National Anthem before the game.
Super Bowl LIV offered numerous exotic prop bets, including a prediction of what color liquid would be poured over the winning coach’s head after the game.Live In-Game Betting
In-game betting presents one of the most exciting and dynamic ways to wager on sports.
Unlike other types of bets, in-game betting allows for wagering on a game, while it’s being played. In-game betting odds on moneyline, point spread, and prop bets flow dynamically based on what already happened in the game.
For example, a standard NFL point spread bet might look like this before the game starts:TeamPoint SpreadNew England Patriots-7 -110New York Jets+7 -110
If the Patriots take a 7-0 lead in the first quarter, however, a sportsbook could offer an in-game bet with the following line:TeamPoint SpreadNew England Patriots-10.5 -110New York Jets+10.5 -110
With the Patriots holding a touchdown lead, the point spread on the underdog Jets switches from +7 to +10.5. In-game betting odds generally update at each commercial break for a televised sports contest.
In-play betting, a subset of in-game betting, offers an even more dynamic betting experience, with odds changing every few seconds during live play.
In-game and in-play bets are offered as time-sensitive bets, which must be made within a certain time frame for the bettor to get the advertised odds.Where Can I Bet On Sports Online?DraftKings Sportsbook
DraftKings Sportsbook stands as one of the leading brands in the legal US online sports betting industry. New players can sign up at DraftKings Sportsbook and enjoy a 20% deposit match bonus up to $500, a $500 risk-free bet, and a $25 no-deposit bonus.
States in which DraftKings Sportsbook operates include Colorado, Indiana, Iowa, New Hampshire, New Jersey, Pennsylvania, and West Virginia.FanDuel Sportsbook
FanDuel Sportsbook, much like DraftKings Sportsbook, represents one of the most popular legal sports betting brands in the US. Bonus offers for new players at FanDuel Sportsbook include a risk-free bet up to $500.
Bettors in Colorado, Illinois, Indiana, New Jersey, Pennsylvania, and West Virginia enjoy access to FanDuel Sportsbook, with more states to come.BetRivers
BetRivers Sportsbook originally launched in Pennsylvania, as a product of parent company Rush Street Interactive. The BetRivers platform now operates in four states, including Pennsylvania, Colorado, Illinois, and Indiana.
New player bonuses include a 100% deposit match bonus up to $250, with only a 1x playthrough requirement.FOX Bet
Sports media powerhouse FOX Sports teamed up with gaming giant The Stars Group to launch the FOX Bet sports betting brand. The platform offers new players a 50% deposit match bonus up to $500, as well as a risk-free bet up to $500.
FOX Bet operates in New Jersey, Pennsylvania, and Colorado.PointsBet
PointsBet offers a unique style of wagering known as “PointsBetting,” in which bettors can enjoy larger payouts based on how much their selected team wins by in a game.
Bettors in Indiana, Iowa, and New Jersey can wager at PointsBet. The platform includes a $200 risk-free bet bonus for new players.How Odds Differ Across Legal Online Sportsbooks
Sports betting odds and lines for the same game often vary from one online sportsbook to another. Skilled bettors own accounts at multiple online sportsbooks, and shop for the most favorable lines.
For example, here’s a look at July 2020 futures odds for the NBA Championship, compared across five different legal online sportsbooks:Milwaukee BucksLA LakersLA ClippersHouston RocketsBoston CelticsToronto RaptorsDraftKings Sportsbook+250+240+333+1200+1700+2200FanDuel Sportsbook+240+260+320+1700+1800+2000BetRivers+250+240+333+1200+1700+2200FOX Bet+250+250+300+1600+1800+2000PointsBet+250+250+300+1200+1600+2000
A bettor looking to bet on the Houston Rockets to win the championship would find enormous value by line shopping. The odds on the Rockets at FanDuel Sportsbook and FOX Bet offer significantly better odds versus other sites.How Sports Betting Odds Are CalculatedMoneyline Bets
Moneyline bets simply establish a favorite and an underdog for a game. Bettors choose which team they think will win, straight up, with no point spread.
Underdogs pay at better odds than favorites. To calculate the potential payouts of a moneyline bet, you must understand what the odds notations mean.
Here’s another look at the NBA moneyline example from above:TeamMoneyline OddsOrlando Magic-240Brooklyn Nets+195
Moneyline betting odds with a “+” notation are relatively simple to calculate. The +195 line on the Nets means a $100 wager would net $195 in profit. In other words, the $100 bet would return a total of $295 (the $195 in profit and the original $100 bet).
Another way to calculate “+” moneyline odds is to divide the odds number by 100. Using this method, the +195 odds convert to 1.95.
Multiplying this decimal number by the amount of the bet yields the total profit amount. A $50 bet on +195 odds yields $97.50 in profit ($50 x 1.95).
Calculating “-“ odds on the moneyline is a little trickier. The -240 line for the Orlando Magic means you would have to bet $240 to win a $100 profit.
For “-“ odds, you must divide 100 by the moneyline odds number. For a -240 line, dividing 100 by 240 yields 0.416.
Multiplying your bet amount by 0.416 yields the total profit of the bet. A $50 bet, for instance, comes out to $20.80 in profit ($50 x 0.416). A $50 wager on the Magic, if it won, would result in the sportsbooks returning $70.80 to you ($20.80 profit plus the original $50 bet).Point Spread Bets
A point spread bet adds points to the underdog’s score and subtracts that same amount of points from the other. Adding the point spread allows the sportsbook to put relatively even odds on the favorite and underdog.
The point spread variant of the Orlando vs Brooklyn NBA game looks like this:TeamPoint SpreadOrlando Magic-6 -110Brooklyn Nets+6 -110
Bettors can choose the Magic with six points taken off their final score, or the Nets with six points added to their final score. Both choices pay the same -110 odds.
Bettors on Orlando wins if the Magic win by seven points or more. If Orlando wins by exactly six points, the bet is a push, and the wager is returned to the bettor.
If Orlando wins by five points or less, or if the Nets win the game outright, Brooklyn bettors win this point spread bet. For instance, if Orlando wins the game 98-94, the Nets +6 bet wins.Over/Under (Totals)
Over/under bets, aka totals bets, allow for wagering on the total combined score of a game. Bettors can wager that the game total will end either over or under a line set by the sportsbook.
Like point spread bets, the over and under options generally pay relatively even odds. For example:TeamsTotalOrlando Magic Over 211.5 -112Brooklyn NetsUnder 211.5 -109
The sportsbooks set the total at 211.5 for this game. If the total goes
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Odds Shark aims to become the global authority for online sports betting odds, whether it be in sports betting, poker, casino games or horse racing. To that end, it continues to add new football betting lines for NFL fans and new college football odds on all games for players who bet more on Saturdays than Sundays. Sports Predictors. Predictem.com Check this site out for tons of free sports picks against the point spread and betting advice from their team of prognosticators! OddsShark.com Betting odds and total. Get the latest sports betting odds for NFL, MLB, NBA, NHL, NCAA football and NCAA basketball, including spread, money line and over/under. Las Vegas Betting Lines at VegasInsider.com. Specializing in free sports picks, gambling handicappers, Internet sports betting odds and online sportsbooks.
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.Betting SiteBonusBet Now1 up to €30 Free BetGo to Site222Bet100% up to €122Go to Site3100% up to €200Go to Site410Bet100% up to €50Go to Site5 100% up to €50Go to SiteSports Betting Odds Explained
Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.American Style Sports Betting Odds
Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:American Odds
*Matchup Odds
*New England Patriots +120
*Pittsburgh Steelers -140
The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.
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. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.
The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.
A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.
Examples:
A listed odd with a + sign in front of it, such as the +120 in our example above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits.
Examples:
Below is an example of NFL betting odds taken from an online betting site.OT 4:46 UNH UNH 56 Binghamton BING 56
In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet pays $100).
The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.
Ready To Start Betting?MyBookie and BetNow are my two favorite sportsbooks and make betting very easy. You will also get a Free Money Bonus at each sportsbook if you follow either link above.Decimal Style Sports Betting Odds
Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:
If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.
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.
Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.
Legal online sportsbooks in the US offer numerous ways to bet on sports but sports betting odds can be confusing to new bettors. Time-tested betting methods like moneyline, point spread, totals, and parlays represent just some of the overall betting markets available on mobile sports wagering sites.
Futures, in-game, in-play, and prop betting offer even more ways to wager for bettors in the US. Brands like DraftKings Sportsbook and FanDuel Sportsbook each employ linemakers, tasked with setting the in-house odds and lines for all games.
US federal law allows individual states to legalize and regulate sports betting. As of January 2021, 14 states legalized online sports wagering.Types Of Bets Available At Online Sportsbooks
Legal online sportsbooks offer a vast number of different ways to wager on sports. Sports bettors have engaged in point spread and moneyline betting for decades, as these betting types represent some of the most time-honored and simple ways to bet.
Totals bets (aka over/under bets) task the bettor with predicting the total final score between two teams in a sports contest.
Bettors have enjoyed parlay wagers throughout the entire history of sports betting. Parlays allow multiple wagers to be placed on the same ticket, with the parlay paying out only if all bets on the tickets win. Parlays can generally involve any combination of different bet types, with winning tickets offering massive potential payouts.
Futures bets allow wagering on a season-long event. A futures bet sets sports betting odds on events like what team will win the NHL Stanley Cup, or which player will win the NBA scoring title.
Modern online sportsbooks also offer in-game and in-play betting, allowing for wagers on a contest while it’s being played.
Learn more in our Guide To Placing A Sports Bet Online.Straight BetsMoneyline
Moneyline bets represent the most straightforward kind of sports wager. This kind of wager tasks the bettor with simply picking the winning team in a sports contest.
Underdog teams pay out at better odds than favorites in a moneyline bet. For example, an NBA moneyline bet offered by DraftKings Sportsbook might look like this:TeamMoneyline OddsOrlando Magic-240Brooklyn Nets+195
This line sets the Orlando Magic as the favorite. The -240 odds mean that a $240 wager would net $100 in profit if the Magic win.
The Brooklyn Nets +195 line means a $100 bet yields $195 in profit if the Nets win.Over/Under
Over/Under, aka totals bets, allow bettors to wager on the total number of points scored in a game. An over/under line looks like this:TeamsTotalOrlando Magic Over 211.5 -112Brooklyn NetsUnder 211.5 -109
This line allows bettors to wager on whether the total score of the game will go over, or fall under 211.5 points. The under bet pays slightly better than the over in this example.
Note that both the over and under lines represent a bet on the total score from both teams. The bottom row isn’t offering a bet on the Nets to go under 211.5, for example.Point Spread
The most popular bets at most sportsbooks are point spread bets. These bets allow the bettor to choose the underdog plus points, or the favorite minus points. Instead of significantly better odds on the underdog, the point spread allows sportsbooks to set the favorite and underdog at relatively even odds.
Here’s the Magic vs. Nets example from above as a point spread bet:TeamPoint SpreadOrlando Magic-6 -110Brooklyn Nets+6 -110
Bettors can pick favored Orlando with six points deducted from its final point total, or underdog Brooklyn plus six points. Both teams pay -110 odds in this bet, meaning a $110 wager wins $100 in profit.
For example, if you bet $110 on Orlando, and the team wins the game by a 98-91 score, you get $210 back total for a $100 profit. Applying the -6 line to Orlando’s score still positions the team as a 92-91 winner.Futures Bets
A futures bet generally functions as a wager on a season-long event, rather than a single game. An example of a futures bet might be a wager on what team will win the MLB World Series, or what player will win the NFL rushing title.
A futures bet can be made at any time before or during a sports league’s season, up until the specified event occurs.NBA Finals Futures Bets
Just before the restart of the 2019-2020 NBA season in July 2020, FanDuel Sportsbook offered the following odds on NBA Finals futures bets:TeamOdds to win the 2019-2020 NBA ChampionshipMilwaukee Bucks+240Los Angeles Lakers+260Los Angeles Clippers+320Houston Rockets+1700Toronto Raptors+2000
These five teams represent some of the favorites to win the championship, but all 22 NBA teams still in the championship hunt are available for betting.MLB National League MVP Futures Bets
Before the start of the 2020 Major League Baseball season, FOX Bet set the following lines on what player would win the National League MVP:Player nameOdds To Win The 2020 NL MVPMookie Betts+550Cody Bellinger+650Christian Yelich+750Ronald Acuna+900Juan Soto+1100
Futures market betting odds change as the season plays on, and the lines can alter drastically as the season comes into focus.
For example, if Mookie Betts leads the National League in multiple offensive categories with a few weeks left in the season, the odds on Betts winning the MVP will move closer to even money, or even beyond.Prop Bets
A prop bet (short for proposition bet) is a wager on an aspect of a game unrelated to which team wins. Examples of prop bets can include what player will lead a basketball game in scoring, or whether the total number of points in the game will end up as an odd or even number.Super Bowl MVP Prop Bets
The Super Bowl annually brings in the largest number of prop bets of any US-based sports event.
One of the most popular prop bets on the game each year involves predicting the Super Bowl MVP. Caesars Sportsbook set Kansas City Chiefs quarterback Patrick Mahomes (+110) as the favorite to win the Super Bowl LIV MVP, and Mahomes did just that.Odds - WikipediaPlayer Prop Bets
Player prop bets involve wagering on an individual player’s statistics in a particular game. The 2017 NBA Finals, for instance, offered several ways to bet on LeBron James’ statistics.
James was then a member of the Cleveland Cavaliers. Available prop bets on any single NBA Finals game included over/under bets on his total points scored, whether he would lead a game in scoring, and many others.Exotic Prop Bets
Exotic prop bets can be fun but largely involve luck. Examples of exotic prop bets include predicting what team wins the Super Bowl coin toss, or the length of the National Anthem before the game.
Super Bowl LIV offered numerous exotic prop bets, including a prediction of what color liquid would be poured over the winning coach’s head after the game.Live In-Game Betting
In-game betting presents one of the most exciting and dynamic ways to wager on sports.
Unlike other types of bets, in-game betting allows for wagering on a game, while it’s being played. In-game betting odds on moneyline, point spread, and prop bets flow dynamically based on what already happened in the game.
For example, a standard NFL point spread bet might look like this before the game starts:TeamPoint SpreadNew England Patriots-7 -110New York Jets+7 -110
If the Patriots take a 7-0 lead in the first quarter, however, a sportsbook could offer an in-game bet with the following line:TeamPoint SpreadNew England Patriots-10.5 -110New York Jets+10.5 -110
With the Patriots holding a touchdown lead, the point spread on the underdog Jets switches from +7 to +10.5. In-game betting odds generally update at each commercial break for a televised sports contest.
In-play betting, a subset of in-game betting, offers an even more dynamic betting experience, with odds changing every few seconds during live play.
In-game and in-play bets are offered as time-sensitive bets, which must be made within a certain time frame for the bettor to get the advertised odds.Where Can I Bet On Sports Online?DraftKings Sportsbook
DraftKings Sportsbook stands as one of the leading brands in the legal US online sports betting industry. New players can sign up at DraftKings Sportsbook and enjoy a 20% deposit match bonus up to $500, a $500 risk-free bet, and a $25 no-deposit bonus.
States in which DraftKings Sportsbook operates include Colorado, Indiana, Iowa, New Hampshire, New Jersey, Pennsylvania, and West Virginia.FanDuel Sportsbook
FanDuel Sportsbook, much like DraftKings Sportsbook, represents one of the most popular legal sports betting brands in the US. Bonus offers for new players at FanDuel Sportsbook include a risk-free bet up to $500.
Bettors in Colorado, Illinois, Indiana, New Jersey, Pennsylvania, and West Virginia enjoy access to FanDuel Sportsbook, with more states to come.BetRivers
BetRivers Sportsbook originally launched in Pennsylvania, as a product of parent company Rush Street Interactive. The BetRivers platform now operates in four states, including Pennsylvania, Colorado, Illinois, and Indiana.
New player bonuses include a 100% deposit match bonus up to $250, with only a 1x playthrough requirement.FOX Bet
Sports media powerhouse FOX Sports teamed up with gaming giant The Stars Group to launch the FOX Bet sports betting brand. The platform offers new players a 50% deposit match bonus up to $500, as well as a risk-free bet up to $500.
FOX Bet operates in New Jersey, Pennsylvania, and Colorado.PointsBet
PointsBet offers a unique style of wagering known as “PointsBetting,” in which bettors can enjoy larger payouts based on how much their selected team wins by in a game.
Bettors in Indiana, Iowa, and New Jersey can wager at PointsBet. The platform includes a $200 risk-free bet bonus for new players.How Odds Differ Across Legal Online Sportsbooks
Sports betting odds and lines for the same game often vary from one online sportsbook to another. Skilled bettors own accounts at multiple online sportsbooks, and shop for the most favorable lines.
For example, here’s a look at July 2020 futures odds for the NBA Championship, compared across five different legal online sportsbooks:Milwaukee BucksLA LakersLA ClippersHouston RocketsBoston CelticsToronto RaptorsDraftKings Sportsbook+250+240+333+1200+1700+2200FanDuel Sportsbook+240+260+320+1700+1800+2000BetRivers+250+240+333+1200+1700+2200FOX Bet+250+250+300+1600+1800+2000PointsBet+250+250+300+1200+1600+2000
A bettor looking to bet on the Houston Rockets to win the championship would find enormous value by line shopping. The odds on the Rockets at FanDuel Sportsbook and FOX Bet offer significantly better odds versus other sites.How Sports Betting Odds Are CalculatedMoneyline Bets
Moneyline bets simply establish a favorite and an underdog for a game. Bettors choose which team they think will win, straight up, with no point spread.
Underdogs pay at better odds than favorites. To calculate the potential payouts of a moneyline bet, you must understand what the odds notations mean.
Here’s another look at the NBA moneyline example from above:TeamMoneyline OddsOrlando Magic-240Brooklyn Nets+195
Moneyline betting odds with a “+” notation are relatively simple to calculate. The +195 line on the Nets means a $100 wager would net $195 in profit. In other words, the $100 bet would return a total of $295 (the $195 in profit and the original $100 bet).
Another way to calculate “+” moneyline odds is to divide the odds number by 100. Using this method, the +195 odds convert to 1.95.
Multiplying this decimal number by the amount of the bet yields the total profit amount. A $50 bet on +195 odds yields $97.50 in profit ($50 x 1.95).
Calculating “-“ odds on the moneyline is a little trickier. The -240 line for the Orlando Magic means you would have to bet $240 to win a $100 profit.
For “-“ odds, you must divide 100 by the moneyline odds number. For a -240 line, dividing 100 by 240 yields 0.416.
Multiplying your bet amount by 0.416 yields the total profit of the bet. A $50 bet, for instance, comes out to $20.80 in profit ($50 x 0.416). A $50 wager on the Magic, if it won, would result in the sportsbooks returning $70.80 to you ($20.80 profit plus the original $50 bet).Point Spread Bets
A point spread bet adds points to the underdog’s score and subtracts that same amount of points from the other. Adding the point spread allows the sportsbook to put relatively even odds on the favorite and underdog.
The point spread variant of the Orlando vs Brooklyn NBA game looks like this:TeamPoint SpreadOrlando Magic-6 -110Brooklyn Nets+6 -110
Bettors can choose the Magic with six points taken off their final score, or the Nets with six points added to their final score. Both choices pay the same -110 odds.
Bettors on Orlando wins if the Magic win by seven points or more. If Orlando wins by exactly six points, the bet is a push, and the wager is returned to the bettor.
If Orlando wins by five points or less, or if the Nets win the game outright, Brooklyn bettors win this point spread bet. For instance, if Orlando wins the game 98-94, the Nets +6 bet wins.Over/Under (Totals)
Over/under bets, aka totals bets, allow for wagering on the total combined score of a game. Bettors can wager that the game total will end either over or under a line set by the sportsbook.
Like point spread bets, the over and under options generally pay relatively even odds. For example:TeamsTotalOrlando Magic Over 211.5 -112Brooklyn NetsUnder 211.5 -109
The sportsbooks set the total at 211.5 for this game. If the total goes
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