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American football betting odds
Below is the formula for calculating the return and profit for decimal odds of 1. Profit is how much you won on the bet Return is the profit you made plus your original wager amount How to read Fractional NFL Odds Used primarily in the UK and Ireland, fractions represent the profit you would receive for a successful bet. What does Stake mean? Your bet amount, known as your stake, is returned along with your profit when your wager is successful.
You will be presented with more than NFL betting options on an individual game at the leading online sportsbooks. The oddsmakers at NFL betting sites will assess the strengths and weaknesses of the teams, focusing on offensive and defensive stats, head-to-heads, recent results, home advantage, injuries and so on. They determine which team is stronger, and they assign a points handicap to that team.
This results in a point spread, and it allows the sportsbooks to offer similar odds on either team covering that spread. There is invariably a favorite and an underdog on an NFL game. If both teams are deemed to be evenly matched, there will not be a point spread, and you can simply bet on either team to win the game outright. It is a prediction on which team will win the game.
Once again, the sportsbooks assess the two teams, determine a favorite and an underdog, and then release moneylines. It implies that the Bears have a Covering a spread simply means that a team has beaten the point spread for that particular contest and the bettor has won their wager.
There are two numbers that you need to be aware of when betting the spread. The first number is the spread itself 4. The spread number indicates the points that the favorite must cover in order to beat the spread. In some instances, oddsmakers will set an even spread. This means that each team is given the same likelihood of winning, and bettors simply pick who they think will win the contest.
In this example, each team has their own juice, meaning that depending on which team you bet on, the tax will be slightly different. The juice is for the Rams and for the Bengals. The juice works the same as moneyline bets when calculating your potential payout.
It does not matter which team wins or by how much; you are only concerned about the overall point total. Oddsmakers have set a total of American odds, as you likely guessed, are only used in sportsbooks within the United States. All of the examples used in this guide have utilized American odds, so you should be somewhat familiar with them at this point.
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Decimal Odds — Europe Decimal odds are perhaps the most complicated money line format. The easiest starting point for decimal odds is to compare them to fractional odds. Decimal odds are the fractional odd, represented in a whole number, plus one. Even money in fractional odds is 2. Thus, the higher above two a fractional odd is, the higher the payout becomes.
Odds with lower payouts than what is risked fall between 2. Football Betting Odds Online Every online sportsbook offers money lines for a huge variety of bets. Football betting odds online can be a great way to place safe bets or find games with lucrative odds. American odds tend to be the standard setting for online sportsbooks, but football betting odds can be displayed in any of the three ways.
Sportsbooks typically allow users to change the settings, allowing bettors to choose whichever format they find easiest to read. Regardless of the format, online betting odds can be a great way to win money on football. American odds present football bets in one hundred dollar terms. While a commonly seen type of money line, these can be tough to decipher at first glance. In American odds the higher a plus money line is e.
Learn when and how to use both of them. Fractional Odds — UK Fractional odds can be easier to read for first time gamblers, as they resemble familiar ratio odd presentations. In fractional odds, the higher the number on the left numerator , the riskier the bet is and the higher the payout. The flipside of this includes any number less than one, as represented by a fraction.
The closer or lower the fraction to zero, the lower the payout is, while the higher above one, the higher the payout is. Decimal Odds — Europe Decimal odds are perhaps the most complicated money line format. The easiest starting point for decimal odds is to compare them to fractional odds. Decimal odds are the fractional odd, represented in a whole number, plus one.
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Select Page Football Betting Odds Explained Between college and pro football, there are literally over a thousand opportunities a week to win money online during the football season. To take advantage of these football betting odds, football bettors first need to understand how to read the different types of odd formats online. The less likey the chance of a team winning the bet the higher the odds go.
American odds present football bets in one hundred dollar terms. While a commonly seen type of money line, these can be tough to decipher at first glance. In American odds the higher a plus money line is e. Learn when and how to use both of them. Fractional Odds — UK Fractional odds can be easier to read for first time gamblers, as they resemble familiar ratio odd presentations.
In fractional odds, the higher the number on the left numerator , the riskier the bet is and the higher the payout. The flipside of this includes any number less than one, as represented by a fraction. The closer or lower the fraction to zero, the lower the payout is, while the higher above one, the higher the payout is. While a commonly seen type of money line, these can be tough to decipher at first glance. In American odds the higher a plus money line is e. Learn when and how to use both of them.
Fractional Odds — UK Fractional odds can be easier to read for first time gamblers, as they resemble familiar ratio odd presentations. In fractional odds, the higher the number on the left numerator , the riskier the bet is and the higher the payout. The flipside of this includes any number less than one, as represented by a fraction. The closer or lower the fraction to zero, the lower the payout is, while the higher above one, the higher the payout is.
Decimal Odds — Europe Decimal odds are perhaps the most complicated money line format. The easiest starting point for decimal odds is to compare them to fractional odds. Decimal odds are the fractional odd, represented in a whole number, plus one. Even money in fractional odds is 2.
