Wager Odds
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- Fixed-odds Wager
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- Parlay Wager Odds
- Sport Wager Odds
American odds (aka moneyline odds or US odds) are popular in the United States. The odds for favorites are accompanied by a minus (-) sign, indicating the amount you need to stake to win $100. Instead of betting each game individually, you roll them together in a parlay to get better odds. For this example, let’s say the Patriots (-4.5) and Bears (+6.5) pays out 2:1. You wager $100, so if the Pats and Bears both cover, you’d receive $300 ($100 for your original bet, and a $200 profit).
Calculating fixed odds. It is customary with fixed-odds gambling to know the odds at the time of the placement of the wager (the 'live price'), but the category also includes wagers whose price is determined only when the race or game starts (the 'starting prices').It is ideal for bookmakers to price/mark up a book such that the net outcome will always be in their favour: the sum of the. This is a simple wager on which team will win a particular game. Odds compilers will weigh up the relative strengths and weaknesses of each team, factoring in head-to-head records, injuries. Betting odds and chance. To first understand what betting odds are, we have to first understand the concept of chance.Chance is the likelihood of an event happening.
What does it mean when a horse offers odds of 3-1, or 9-1, or 24-1? The odds simply indicate the perceived chance of that particular horse reaching the winner’s circle. A horse listed at 9-1 is expected to lose nine times and win once from 10 attempts (10 being the sum of nine and one), which equates to a 10% chance of victory. A horses offering odds of 3-2 is expected to lose three times and win twice from five attempts, which represents a 40% chance of victory.
The odds also determine the payoffs for win bets. A 6-1 winner will return $6 of profit for every $1 wagered.
Bet Odds Football
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How to read NBA Las Vegas Odds
Bet Odds Ncaa Football
The point-spread was developed to provide a balance for both teams involved in a contest to attract bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $91.91 (10% juice)
It's not uncommon to see other values posted other than -10. Examples seen on the NBA Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.
The lower-juice sportsbooks are normally found outside of the state of Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NBA bets.
Another number that’s posted on the NBA Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NBA Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
NBA Open Line
One of the best features on the NBA Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If you’re betting on the NBA or any other sport, it’s a great idea to view the open line first.
VI Consensus NBA Line
The VegasInsider.com Consensus NBA Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a “Median Line” since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
Betting on NBA Games
Where can I bet on NBA games?
There are several legal sportsbook options in the United States. Visit our sportsbook directory to find online sportsbooks where you can bet on the NBA.
Who are the experts picking to win?
Our experts offer picks on all the big NBA games. Check out our 2020 NBA Playoff Predictions or our NBA game picks to see what our handicappers are saying.
Fixed-odds Wager
What type of bets can I make on NBA games?
Betting the point spread, straight up winner, and over/under point total are the three popular NBA bets. Sportsbooks also first half lines, live betting, and other betting angles.
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Who's the favorite to win the NBA Championship?
For odds on where teams will finish in the NBA Playoffs, check out our NBA Futures page.
Wager Betting Odds
Can you place parlay bets on NBA games?
Parlay Wager Odds
Most sportsbooks will allow you to parlay your baskteball bets, meaning you can bet on multiple odds and win a bigger payout if they all win. Check out our parlay calculator to see what your payout will be.