The favored team’s odds in a matchup are displayed with a negative sign (-) and indicate how much needs to be wagered per $100 in winnings. Use the dropdown menus at the top of the table to choose a sport and state, and toggle between point spreads, moneyline odds, and totals. You can switch the odds format to decimal or fractional from the drop-down above the odds tool. Also referred to as European odds, decimal odds are common at US sportsbooks.

What do we mean by moneyline, point spread, and totals betting?

With a payout calculator, changing between American, Decimal, and Fractional odds is easy. Here you can learn more about how to read sports betting odds. To succeed in sports betting, understanding how to read and calculate different odds is key. Moneyline calculators, betting payout calculators, and sports betting odds calculators make this simpler. They turn odds into clear info that helps you make smart bets.

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While knowing the math is key to understanding betting odds, most top online sports betting sites, such as Unibet and bet365, have bet calculators to help determine your potential winnings. Our betting odds calculator is perfect for showing you how to calculate potential winnings for all types of sports bets. It indicates how much you’d win based on the odds and total wagered.

This competition pits Europe’s best against each other and always provides some exciting results. Ajax’s second-leg Round of 16 win against Real Madrid in 2019 stands out as of the most memorable shocks, but Barcelona’s spectacular victory over PSG in 2017 was one of the most profitable. Barca were subjected to a humiliating 4-0 loss in the first leg, and after conceding an away goal in the second leg, they were priced at 200/1 to progress with just under half an hour left to play. But two late goals from Neymar and a last-gasp winner from Sergi Roberto sealed a famous win for the Blaugranes. YouGov asked the public what factors were important to them when it came placing a bet on a professional football game.

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On the other hand, in a moneyline bet with an underdog, the odds will have a plus sign (+) in front of the number, such as +200. This means that if you bet $100 on the underdog, you would win $200, or any other equivalent amount. The plus sign indicates that the team or player is not expected to win, and the odds reflect the amount that you would win if you bet a certain amount. Two alternative odds formats you should know about since they do pop up in American sportsbooks occasionally are fractional odds and decimal odds. Assuming these were the betting odds you are offered, if you wished to make a moneyline bet on the Mavs, for every $100 you hoped to win, you would have needed to risk $150. Thus, a bet to win $50 would cost you $75, a bet to win $300 would cost you $450, and so on.

5 to 2 odds are fractional and it equates to 2/1, as you divide the two numbers. If we translate this to implied probability, it would result in a 28.6% chance of an event occurring. For example, if you backed the Green Bay Packers to lift the Super Bowl title next season with odds of 10/3, this would roughly equate to 3/1, which translates to 4.0 in decimal odds. By wagering just $1 on this selection, you would get $4.33 in return if you won your bet.

• Here we combine betting odds from Las Vegas sportsbooks for all major sports with valuable stats, betting trends and our best bets for today.
• The higher the decimal odds, the less likely the event is to occur, and the higher the potential payout.
• For example, a bet that is offered at 5.00 means that you would win £5 if you bet £1.
• Different sportsbooks determine their odds in different ways, so the odds for a single match often vary across sports betting websites.

The moneyline is a great starting point for novice bettors as they must predict who will win a match. Most of the reputable sportsbooks we work with will use moneyline odds based on wagers of $100, as it is a simple, round number. So, an NFL team carrying odds of +130 will be deemed the underdog, and if you return a successful bet, you would make $130 in profit off a $100 bet. The favorite may have odds of -120, so you would need to bet $120 to return a $100 profit. Totals or OVER/UNDER betting is when you wager on the combined score of the two teams competing in any given game, and whether the total will be OVER or UNDER the sportsbook’s prediction. The potential profit for a Milwaukee win would be even higher because you could make a profit of $700 ($100 x (7/1)).

The exact house advantage for blackjack depends on a number of factors, such as the house rules, number of decks used, the skill level of the player, and the skill of other players at the table. This means that for every $100 that a player bets on blackjack, they can expect to lose only 40 cents to $1 on average. Other games that can have a relatively low house advantage include craps, baccarat, and some video poker games. The amount above 100%, the extra 4.76%, represents the bookmaker’s “over-round,” which is the bookmaker’s potential profit if the bookie accepts the bets in the right proportion.

Players can wager on money lines, point spreads, over/under, prop bets, and futures. If you fancy adding a bit of variety to your betslip, then the quarter/half betting markets could be the option for you. You can wager on the points total or result of each quarter, and you can really add some value to your potential winnings by combining these bets into an accumulator. But be warned that bigger potential payouts also mean longer odds. Prop betting markets allow bettors to focus on specific events or performances within a game rather than its overall outcome.

But if you’re new to sports betting, all the information may seem a bit overwhelming. You may be wondering how to read odds, or even how do odds work? Check out our guide and have all ww88. com of your questions on betting odds explained below.