All You Need To Know About Sports Betting Odds
If the final score happens to end up exactly on the number it’s a tie, or ‘push,’ and you get your money back. Congress banned sports betting in 1992 while allowing it in four states — Nevada, Delaware, Montana and Oregon — that had already been offering it. Las Vegas is the most popular destination if you want to make a bet on college football, where the number of ‘sports books’ is many. When it comes to the different sportsbooks out there it is possible to find different point spread lines but generally, most sportsbooks will have similar stats. It is worth a look to scan the various betting lines when you intend to bet on a big game, that is why WSN will always list the odds from several sportsbooks for each event. You can check out the different sportsbooks and compare them here.
The US-Bookies team is passionate about the developing sports betting industry in America. Follow us for news, sportsbook offers, market updates, and product reviews. The potential winnings are greater when betting on Alvarez, the “underdog” in this fight. Betting on underdogs in any sport typically allows you to risk less in order to win more.
Moneyline boasts one of the most comprehensive assessments of odds in the industry. Based on 34,000 data points from over 1,700 individual bets, we found the following sportsbooks offer the best odds on moneyline bets. Keep in mind for both spreads and totals that if the game ends in a draw for the bet , then you get your bet back but do not win or lose any additional money.
Decimal odds are most popular in Australia, Canada, Europe and New Zealand. These odds may be the easiest of the three to understand just by looking at the numbers. Going back to the previous example, a $10 bet at 3/1 odds would represent $30 in profit. Return does not take into account your original bet amount. Therefore your profit, or “to win” amount, would be $12.50 ($22.50 return – $10 wager). They are used by most people outside of America, most notably Europe.
If a push occurs and hasn’t been bet on, then you’ll just get your money back, as it’s considered neither a win nor a loss. Being aware of the possibility of a push before you place your first bet on a sports match is important. Calculating your payout for fractional betting is really quite easy. Fractional odds are most commonly used in the UK and can typically be seen when placing bets on horse races. Decimal style odds are typically used in Europe, but many Sportsbooks default to American odds. However, you should be able to set the preference to any betting style.
Our goal is to make odds crystal clear so you feel comfortable knowing your first bets will be well-informed and well-placed. All you want to do is make a simple bet but all you can see are an assortment of team names with numbers next to them, all of which, for some reason, are 110 or higher. Some of these numbers have the plus symbol in front of them and others have minuses. At first glance, it can be pretty intimidating and you wouldn’t be the first person to give up right then and there.