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How to read vegas football odds

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How to Read Vegas Football Odds: A Comprehensive Guide for US Sports Bettors

If you're new to sports betting or want to enhance your understanding of football odds, "How to Read Vegas Football Odds" is the ultimate resource you need. This comprehensive guide aims to simplify the complex world of Vegas football odds, empowering you to make informed betting decisions. Let's explore the positive aspects, benefits, and suitable conditions for utilizing this invaluable resource.

Positive Aspects of "How to Read Vegas Football Odds":

  1. Beginner-Friendly Approach:

    • This guide is designed for individuals with little to no prior knowledge of football odds.
    • It explains the basics of odds, terminology, and concepts in a simple and easy-to-understand manner.
  2. Comprehensive Content:

    • Covers a wide range of topics, including point spreads, moneylines, over/under, parlays, teasers, and more.
    • Provides detailed examples and illustrations to clarify each concept, ensuring a solid grasp of the subject matter.
  3. Practical Tips and Strategies:

    • Shares valuable tips and strategies for interpreting odds and making profitable bets.
    • Discusses key factors to consider, such as team performance, injuries, weather conditions, and historical data.
  4. Understanding Sports

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Name: John Smith

Age: 35

City: Las Vegas

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How to pick which betting odds for nfl

How to Pick the Best NFL Betting Odds: Expert Guide for US Bettors

Discover expert tips on how to pick the most favorable NFL betting odds in the US. Gain valuable insights and make informed wagers with this comprehensive guide.

When it comes to NFL betting, choosing the right odds is crucial for maximizing your chances of success. With countless sportsbooks and a multitude of odds available, picking the best betting lines can be a daunting task. In this expert guide, we will provide you with valuable insights and tips on how to pick the most favorable NFL betting odds in the US. Whether you are a seasoned bettor or just getting started, this comprehensive review will help you make informed wagers and increase your chances of winning.

  1. Research Multiple Sportsbooks:

    To find the best NFL betting odds, it is essential to compare odds offered by different sportsbooks. Each bookmaker sets their odds based on various factors, including public opinion, team performance, and market trends. By researching and comparing odds from multiple sportsbooks, you can identify discrepancies and choose the most favorable lines.

  2. Analyze Historical Data:

    Studying historical data is an integral part of picking the best odds for NFL betting. Analyze past performances, head-to-head records


How to make line bets nfl

How to Make Line Bets in NFL: A Comprehensive Guide

If you're new to sports betting or looking to enhance your NFL betting experience, understanding how to make line bets in the NFL is essential. This guide will provide you with a step-by-step approach to making line bets in the NFL, ensuring you are well-equipped to make informed decisions and increase your chances of success.

I. Understanding Line Bets in NFL:

  1. Explaining line bets: Learn the basics of line bets, including point spreads, moneylines, and over/under.
  2. Point spreads demystified: Understand how point spreads work and their significance in NFL line bets.
  3. Moneylines and NFL betting: Explore the concept of moneylines and how they differ from point spreads.
  4. Over/under bets unveiled: Discover how over/under bets work in NFL betting and their advantages.

II. Key Steps to Make Line Bets in NFL:

  1. Researching teams and players: Highlight the importance of conducting thorough research on teams, players, and recent performance.
  2. Analyzing statistics and trends: Explain the significance of analyzing statistics and trends to identify potential betting opportunities.
  3. Assessing injuries and team news: Emphasize the need to stay updated on

What is the betting limit in Las Vegas?

Table maximums can be as low as $50 at the small locals casino Poker Palace, but major strip casinos usually offer some tables with a $10,000 maximum. Exceptions are the Golden Nugget in downtown which permits $15,000 bets, and three tables at Caesars Palace which permit bets between $5,000 and $50,000.


How much money do you need to gamble in Vegas?

Allocate a daily budget for gambling activities, considering factors like accommodation and dining expenses. Individual gambling costs in Las Vegas can vary, but a moderate budget of $100-$200 per day is a reasonable estimate for most visitors.

How much does average person gamble in Vegas?

$717.51

People who came to Las Vegas gambled an average of $717.51 in 2021 — about $126 more than in 2020, according to the Las Vegas visitor profile released last week. They spent an average of three hours a day gambling in casinos, and stayed an average of 3.6 days and 4.6 nights. About 75% of all visitors gambled.

Is there a limit to how much you can bet?

All sportsbooks have a maximum bet, but it's not really the max bet that matters — it's the maximum potential payout.

Frequently Asked Questions

How do you read a sports bet ticket?

When the odds are negative, the number equals how much you have to bet to win a profit of $100. At odds of -110, a bet of $110 would win $100. When the odds are positive, the number shows how much you would profit on a winning $100 bet. At odds of +120, that would be $120.

How do you check odds on a bet?

Calculating Winnings

Odds of 7/5 mean you'll win $7 for every $5 you wager on the A's. Conversely, the Rangers' odds of 5/8 mean you need to wager $8 to win $5 on Texas. Another way to look at it: If the first number is larger than the second, you're betting on the underdog for a higher potential payout.

How do you bet on the NFL money line?

A moneyline is simply a bet type that only includes odds, as in “odds to win”. Example: a moneyline of +150, is just +150 odds ($100 to win $150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to win $100) for the listed team to win.

What does a +7 spread mean?

The underdog

If the spread is set at +7, the underdog must either win the game outright or lose by fewer than seven points in order to cover. For the favorite to cover, they must win by more than seven points.

What does a 200 money line mean?

Three-way odds allow you to bet on either team to win or a draw result. What does a 200 moneyline mean? If the moneyline is -200, it means the team is the favorite and you must wager $200 to win $100. If the moneyline is +200, it means the team is the underdog and you could win $200 if you bet $100.

Can you bet on football at halftime?

When a game reaches halftime, the sportsbooks will post odds for the second half, so you have a small time frame to place your bet before the second half begins. Halftime odds are posted both on the side and the total. The biggest influence on the halftime line is obviously the score of the game.

What does +0.5 point spread mean?

A spread of +0.5 means that the team must win or draw the game for the spread bet to win. A spread bet is a bet on the margin of victory with a handicap (or line) attached to it, in this case the handicap is +0.5.

How does 1 2 point parlay card work?

There are several types of parlay cards to choose from during football season and each has a different payoff scale. The most popular variety of parlay card is the “1/2 point” card, in which ½-point pointspreads are used, eliminating the possibility of a wagering tie.

How do you bet half?

You must choose the correct result at the end of each half for the bet to win. So, if you've bet on the draw–home win, then the score at half-time needs to be a draw, and the score at full-time needs to be on an away win.

How do you bet on halftime fulltime?

Essentially, the bettor is placing two bets at once – one on the halftime score and one on the final score. So, punters should predict if the outcome of the first half and full time will be 1 (home team win), X (draw), or 2 (away team win).

How are NFL odds determined?

For each NFL game, sportsbooks set a number of points in which the favored team is favored by. You can then bet on the favorites to win by more than the number of points set by the sportsbook, bet on the underdogs to lose by less than the number of points they are underdogs, or for the underdogs to win straight up.

How do you pick betting odds?

Another way to look at it: If the first number is larger than the second, you're betting on the underdog for a higher potential payout. If the first number is smaller than the second, you're betting on the favorite, which will pay out less because the favorite has a higher likelihood of winning.

How do you set football odds?

To calculate odds, bookmakers consider two main elements: the probability of an event outcome occurring and the probability of punters wagering on that certain outcome. It is only by balancing these elements that odds become profitable.

Which odds mostly win in football betting?

Low odds bets have a higher probability of winning, but the potential payout is relatively low. High odds bets have a lower probability of winning, but the potential payout is much higher.

What does +7 mean in football odds?

The underdog

If the spread is set at +7, the underdog must either win the game outright or lose by fewer than seven points in order to cover. For the favorite to cover, they must win by more than seven points.

How does Vegas set NFL odds?

Oddsmakers will set the lines according to the implied probability of either outcome happening. The sum of the probabilities exceeds 100%, as sportsbooks take a small cut on both sides of a line. Second, sports betting odds dictate how much money a bettor needs to wager to make a certain profit.

Who sets Vegas sports odds?

An odds compiler (or trader) is a person employed by a bookmaker or betting exchange who sets the odds for events (such as sporting outcomes) for customers to place bets on.

How accurate are Vegas football odds?

Vegas' Mean Average Error (or MAE) was 2.2 wins. Essentially, this means that, on average, Vegas is within 2.2 wins in either direction of their projected win line total. This is accurate in the sense that it's close, but it's not accurate in the traditional sense.

How do casinos determine odds?

The odds and payouts for casino games are determined by a number of factors, including the rules of the game, the probability of certain outcomes occurring, and the desired return on investment for the casino.

How do NFL Vegas odds work?

As mentioned before, the odds payouts are posted based on $100 measures. So for a money line wager, if a team is a -220 favorite it means you need to bet $220 in order to make a $100 profit on your ticket. Conversely, if a team is a +350 underdog it means a successful $100 bet will earn you $350 profit.

How are Vegas sports odds so accurate?

Vegas odds in the NFL are generally considered to be quite accurate, as they are set by professional oddsmakers who take into account a wide range of factors including team performance, player injuries, weather conditions, and historical data.

How often is Vegas correct?

Essentially, this means that, on average, Vegas is within 2.2 wins in either direction of their projected win line total. This is accurate in the sense that it's close, but it's not accurate in the traditional sense. After all, Vegas has been off as much as 8.5 wins for a single win total line.

How do Vegas odds pay out?

When odds are expressed with a plus (+) or minus (–) symbol followed by a number. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 net profit + $100 initial stake).

What does minus mean in Vegas odds?

A plus (+) represents longer odds, in which case you'll win more for your wager, while a minus (-) means you're betting on a more likely outcome (as deemed by the sportsbook) and will win less when you emerge victorious. For example, $100 on +110 odds wins you $110, while $110 on -110 odds wins you $100.

How do you read NFL over under?

The over/under is a single number that's usually listed for football games, and the number refers to the total number of points both teams score. If you think the teams will score more points than the number listed, then bet over. Otherwise, if you think the team will score less, bey under the number listed.

How do you read over and under odds?

If you bet the Over, you would be predicting eight runs or more and would need to wager $120 to win $100. If you bet the Under, you would be predicting seven runs or less and would win $100 if you wagered $100.

How do you predict NFL over unders?

Point-Spread FormulaMany times, you can forecast the expected over/under total by factoring in the point spread and the oddsmakers' set total. Taking the Week 1 example from this season, the Buccaneers are favored by six points and the over/under is 53. The formula is as follows: Divide the point spread by two.

FAQ

How do you read +/- odds?
A plus (+) represents longer odds, in which case you'll win more for your wager, while a minus (-) means you're betting on a more likely outcome (as deemed by the sportsbook) and will win less when you emerge victorious. For example, $100 on +110 odds wins you $110, while $110 on -110 odds wins you $100.
What is +5.5 in NFL?
Choose the Favorite or Underdog.

That means if the spread is 5.5, the favorite would need to win the game by at least 6 points for you to win your bet, and the underdog would need to win the game outright or come within 5 points of winning if you bet on them.

How to read Vegas football odds?
From the same format we use in point-spreads, a minus-sign indicates a favorite, with the plus-sign indicating an underdog. San Francisco at +155 is the underdog. At +155, that's how much you win if you bet $100. On a money line, when you see a plus-sign with any number, that's how much you win if you bet $100.
What does plus or minus mean in Vegas odds?
A plus (+) represents longer odds, in which case you'll win more for your wager, while a minus (-) means you're betting on a more likely outcome (as deemed by the sportsbook) and will win less when you emerge victorious. For example, $100 on +110 odds wins you $110, while $110 on -110 odds wins you $100.
What do the numbers mean on Vegas odds?
Negative numbers signify the favorite on a moneyline bet. The negative number indicates how much you'd need to bet to win $100. If there's a positive number, you're looking at the underdog, and the number refers to the amount of money you'll win if you bet $100.
Can you bet on sports outside of Vegas?
The Online Sports Betting Situation in NV

For a long time, Nevada was the only state that offered legal sports betting but that's changing fast since the repeal of PASPA in 2018. You can now find government-regulated sports betting in Delaware, New Jersey, Mississippi, and more and more states as the months go by.

How to bet on NFL games in Las Vegas?
To bet on football, tell the ticket writer the bet number of the team you wish to bet, with the point spread and the amount you wish to wager. The payout, unless stated otherwise, is figured at odds of 10/11. This means that a wager of $11 would win $10 and return $21. This is called a straight bet.
Can you place sports bets in Vegas without actually being there?
Sports bettors can wager on any games available from a sportsbook operator anywhere in the state. The convenience of betting on sports from anywhere means that someone on vacation can place a bet on a game from a pool or nightclub. Meanwhile, Nevada residents can place wagers from their house.
How do I bet on sports from another state?
There's nothing illegal about betting in a legal state if you're not from there. You just need to be within state borders. If you try to use a "fake" address, or the address of the people you're visiting, you'll run into issues verifying your identity, and likely won't be able to deposit and bet.
Can you bet in Vegas from another state?
Yes. There's nothing illegal about betting in a legal state if you're not from there. You just need to be within state borders.
How do you read NFL odds and lines?
Underdogs – or teams not favored to win the game – are represented with plus numbers (i.e. +7.5 or +3) while favorites are denoted with a minus number (-6 or -13.5). Oftentimes, sportsbooks will set a point spread with a half-point to avoid ties or "pushes" (like if a team wins by exactly seven points).
How do you read odds lines?
The negative number indicates how much you'd need to bet to win $100. If there's a positive number, you're looking at the underdog, and the number refers to the amount of money you'll win if you bet $100.
How do Oddsmakers set lines?
Oddsmakers will set the lines according to the implied probability of either outcome happening. The sum of the probabilities exceeds 100%, as sportsbooks take a small cut on both sides of a line. Second, sports betting odds dictate how much money a bettor needs to wager to make a certain profit.
What do the lines mean in the NFL betting?
The moneyline is a straightforward betting market where you wager on which team will win the NFL game outright, regardless of the point difference. Each team is assigned odds that indicate the payout if they win. Positive odds (+) represent the underdog, while negative odds (-) signify the favorite.
What does +1.5 mean in football odds?
The 49ers are the +1.5 underdog in this game, meaning oddsmakers believe they will lose, but only by a point. To win this point spread bet with the 49ers, San Francisco would need to win the game outright or lose by one point exactly. If they lost by two points or more, this bet would lose.
How do you read NFL odds?
From the same format we use in point-spreads, a minus-sign indicates a favorite, with the plus-sign indicating an underdog. San Francisco at +155 is the underdog. At +155, that's how much you win if you bet $100. On a money line, when you see a plus-sign with any number, that's how much you win if you bet $100.
How do you interpret football odds?
For example, if the odds are -200 and you wager $100 USD, then you would win $50 USD rather than $100 USD if they won. Pay the negative amount listed for the favored team in order to win $100 USD. Look for the team that has a “-” sign next to the money line odds so you know which team is favored.
What does minus 1.5 spread mean?
A +1.5 spread is commonly seen in baseball betting, the standard “runline” for MLB. This spread means the underdog must win outright or lose by exactly one run to cover the spread. Alternatively, a -1.5 spread means that the favorite must win by at least two runs. Many baseball games are decided by fewer than two runs.
What does 3 mean in odds?
Decimal odds are shown as one number representing the amount a bettor can win for every $1 wagered. For example, a $1 bet on decimal odds of 3.0 would return $4 in total, a $3 profit, and the original $1 wager back.
What does +1.5 mean football?
The underdog

The 49ers are the +1.5 underdog in this game, meaning oddsmakers believe they will lose, but only by a point. To win this point spread bet with the 49ers, San Francisco would need to win the game outright or lose by one point exactly. If they lost by two points or more, this bet would lose.

What is a negative 2 spread?
First off, any spread that's a – is a favorite. A + means that team is bet is an underdog. Therefore, -2 means that a team must win by more than two points in order to cover the spread. If they win by exactly two points, the bet would push and the stake would be returned with no winnings.
Where can I place a bet in Vegas?
Plus, don't miss our page of common betting terms and our comprehensive guide on how to bet.

  • ARIA. Bellagio. Boulder Station. Buffalo Bill's. Caesars Palace. California. Circa.
  • Horseshoe Las Vegas. LINQ Hotel & Casino. Luxor. Mandalay Bay. MGM Grand. Mirage.
  • Red Rock. Rio. Sam's Town. Santa Fe Station. Silverton. Skyline.
Are there quarter slots in Vegas?
Yes, most reel machines are 2 or 3 coin. Quarters or dollars. There are lots of quarter machines with 5 lines too, on older machines. On those I would play 5 quarters.
Where are penny slots in Vegas?
Yes, many casinos in Las Vegas, NV offer penny slots. Some of the popular casinos known for their penny slots include the MGM Grand, Caesars Palace, The Venetian, Bellagio, and The Mirage.
What is best bet to make in Vegas?
The first part of any viable casino strategy is to risk the most money on wagers that present the lowest edge for the house. Blackjack, craps, video poker, and baccarat are the most advantageous to the bettor in this regard. The two types of bets at baccarat have a house advantage of a little more than 1%.
What is the safest bet in Vegas?
The best odds in vegas are found playing blackjack, video poker or Ultimate Texas Hold'em. Shackleford says on average, the typical blackjack player is going to give back one half of a percent of their original bet. “It's what's called the house advantage and it's a lot thinner, so your money lasts a long time.”
Can you bet on the Raiders in Vegas?
Betting on the Las Vegas Raiders in Nevada

With connections to Las Vegas casino gaming giants, BetMGM and Caesars Sportsbooks are highly popular mobile apps for betting on Raiders' games.

How to read vegas football odds

Can you bet on NFL games in Las Vegas? Football betting is simple. Just tell the ticket writer the number of the team you wish to bet and the amount of your wager. And if you download and sign up for a sports betting app like the STN Sports App, you can bet from anywhere in Nevada. The minimum bet for any sporting event is $5.
What is the maximum bet on the Las Vegas sportsbook? Vegas Sportsbook Betting Limits

There are no strict rules for a maximum or minimum betting limit in Nevada.

Is there a sportsbook in Raiders stadium? As the Official Gaming Partner, MGM Resorts will host MGM Club at Allegiant Stadium, which includes a full-service premium bar, luxury lounge, and upgraded stadium seating. Or in layman's terms: a betting lounge.
How much do you win on a $100 bet with odds? Decimal odds explained

For example, a $100 bet made at decimal odds of 3.00 would return $300 ($100 x 3.00): $200 in profit and the original $100 amount risked. A $100 bet made at decimal odds of 1.50 would return $150: $50 in profit and the original $100 amount risked.

How do you know what odds to pick in sports betting? Negative numbers signify the favorite on a moneyline bet. The negative number indicates how much you'd need to bet to win $100. If there's a positive number, you're looking at the underdog, and the number refers to the amount of money you'll win if you bet $100.
How do you choose odds in betting? Positive odds indicate the potential profit on an NGN 100 bet, while negative odds show the amount of money needed to bet in order to win NGN 100. For example, if a team has odds of +150, an NGN 100 bet would result in an NGN 150 profit.
What is the 2 odds betting strategy? The 2 Odds Betting Strategy revolves around the concept of finding bets with odds close to 2.00. This is based on the belief that such odds represent a balanced probability of success and can offer a reasonable risk-to-reward ratio. In essence, for every winning bet, you would roughly double your stake.
How are football odds generated? Bookies use percentages for these odds, such as 25% or 75%. The higher the percentage, the more likely the event is to occur. For example, if a team has a 75% chance of winning a game, they would have odds of 1.33 (100/75).
How do bookmakers set odds? 1) Team/player Performance: Bookies closely analyze the performance of teams and players involved in a particular event. They assess recent form, past results, and overall skill levels. Stronger teams or players are likely to have lower odds, reflecting their higher chances of winning.
Who are the Oddsmakers? a person who calculates or predicts the outcome of a contest, as in sports or politics, and sets betting odds.
How often are NFL odds right? How Often Do NFL Favorites Win? According to Bet Labs, NFL moneyline favorites that were -115 or lower posted a record of 175-88-2 during the 2022 regular season. That's a win percentage of 66.5%.
Who decides NFL odds? Oddsmakers

Who sets the NFL odds? Odds are originally set by oddsmakers, who are also called sports traders or bookmakers. They usually adjust their odds once bettors start wagering money. The odds can also be moved due to things like injuries or weather forecasts.

How do oddsmakers make odds? First, sports betting odds outline a particular game or event outcome's theoretical likelihood. Oddsmakers will set the lines according to the implied probability of either outcome happening. The sum of the probabilities exceeds 100%, as sportsbooks take a small cut on both sides of a line.
Can I make Vegas bets online? Yes. Nevada residents and visitors may bet online by downloading the mobile app of their choice, visiting that sportsbook's retail location to register in person, and making a deposit.
Can you do prop bets in Vegas? Nevada sports books are restricted to offering props that take place on the playing field and can be verified in the box score.
How accurate are Vegas Oddsmakers? Vegas' Mean Average Error (or MAE) was 2.2 wins. Essentially, this means that, on average, Vegas is within 2.2 wins in either direction of their projected win line total. This is accurate in the sense that it's close, but it's not accurate in the traditional sense.
Can you bet on your phone in Vegas? Yes. All Nevada mobile sportsbooks use the same geolocation technology as other sports betting apps. The geolocation tech keeps track of your current location and will prevent you from placing a wager or withdraw your winnings if you step out of state lines.
Can I place a bet over the phone? All you need to do is register for a telephone betting account, give our friendly team of knowledgeable operators a call and place your bets. Here at Goodwin Racing, our phone betting service is one of our main services, not an additional service like with some of the corporate bookmakers.
Can you call Vegas and place a bet? Not over the phone. But if you are physcially in the state of Nevada, there are several (legal!) sports betting aps you can get for your phone.
How do I bet on my phone? How Do You Place Bets on a Mobile Device?

  1. Log into your preferred account (either on the mobile site or mobile app).
  2. Click on the sport you want to bet on.
  3. Click on the game you want to bet on.
  4. Navigate to the site's “Bet Slip”.
  5. Enter your stake.
  6. Confirm your wager.
Are drinks free if you bet in Vegas? 3. Get Free Drinks While You're Gambling. There may be no such thing as a free lunch, but there are free drinks when you're in downtown Vegas and you're gambling! Casinos downtown serve drinks to gamblers free of charge.
Who calculates Vegas odds? Bookmaker

An odds compiler (or trader) is a person employed by a bookmaker or betting exchange who sets the odds for events (such as sporting outcomes) for customers to place bets on.

How does Vegas do odds? Vegas odds are used in sportsbooks. American money lines are used and include a point spread and the total number of points the bookmaker thinks will be scored. This allows bettors to bet over or under the bookmaker's score, and indicate what they believe the difference in points will be.
How do 1st half bets work? First and second half bets allow sports bettors to wager on individual parts of a football or basketball game. Instead of betting on the final score, you're placing a bet based on what the scoring will be for each individual half.
What does 1st half spread mean in NFL? First Half Odds, often referred to as "1H Odds," are a representation of the probability of different outcomes occurring within the first half of an NFL game. These odds cover a range of possibilities, including the point spread, moneyline, and total points scored.
What is first half result in betting football? First Half Bet Betting Term Meaning. The betting term 'first-half bet' relates to a number of markets in which the punter can bet on what he/she feels will be the outcome at the half-time interval of a match. A first-half bet can only be placed on events that have two halves.
How do you read NFL sports bets? As mentioned before, the odds payouts are posted based on $100 measures. So for a money line wager, if a team is a -220 favorite it means you need to bet $220 in order to make a $100 profit on your ticket. Conversely, if a team is a +350 underdog it means a successful $100 bet will earn you $350 profit.
  • What does 1st half full time bet mean?
    • In simple terms, Half time full time meaning refers to predicting the winner or a draw of a match at the end of first half and the end of the game. This type of betting is particularly popular in football. But it can also be found in other sports, such as basketball and American football.
  • How do I set up a group bet?
    • Sky Bet Group Betting key terms

      Any member of a group can start to build a bet by clicking “Start New Accumulator” and choosing the first selection, any group member can then add the bet to the bet slip or other group members can then add additional selections to create an accumulator (the “Group Bet”).

  • How do I bet on sports with friends?
    • Bet the Spread To keep games competitive, bet against the point spread rather than just picking the winner. The spread evens the playing field by giving the underdog team an advantage. Your friends can take the underdog while you bet on the favored team to cover the spread.
  • How do group bets work?
    • Group Betting is a new fun option to work together in building a winning Accumulator. The concept is for a group of friends to create a Group in which they build a Group Bet (Accumulator) by each member of the group making one selection each.
  • Can you bet money with friends?
    • Whether your bet is "between friends" doesn't really matter. Many states have exceptions for "social gambling" which is generally defined as bets in which all players have equal odds and no one makes a guaranteed profit (i.e. there is no house).
  • How do I put money in my bet with mates group?
    • Depositing – A Top Up is the only way for group members to deposit funds into their Bet With Mates account. The timing and amount of a Top Up is set by the group admin and may vary on each occasion.
  • What is +200 odds?
    • They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 net profit + $100 initial stake).
  • How do you read football odds ratio?
    • For example, if the odds are -120, it means that a bettor must wager $120 to win $100. When odds are expressed as a positive number, it indicates the amount of money that can be won by wagering $100. For example, if the odds are +150, it means that a bettor can win $150 by wagering $100.
  • How do you read an odds chart?
    • The negative number indicates how much you'd need to bet to win $100. If there's a positive number, you're looking at the underdog, and the number refers to the amount of money you'll win if you bet $100.
  • Can you bet on a tie in the NFL?
    • Generally speaking, a tie in an NFL game results in a voided moneyline bet. The only real exception would be a three-way market, where a tie is an explicit outcome that's available to bet in the market. In this case, a tie would result in a loss for both traditional moneyline sides.
  • What happens if you bet on a game and it ends in a tie?
    • However, if there is no option, and the game ends in a tie, the bookmaker may call the game a push, where a player gets their money back, or they may call it a dead heat, in which case players will receive half the value of a winning bet.
  • What happens if a NFL game is a tie?
    • Tied games after the initial four quarters go to overtime as normal, but should the game remain level additional overtimes will be played until a winner is found. The most recent double-overtime NFL game came in 2013 when the Baltimore Ravens eventually beat the Denver Broncos 38-35.
  • How do you get a tie in the NFL?
    • Each team gets two timeouts. The point after try is not attempted if the game ends on a touchdown. If the score is still tied at the end of the overtime period, the result of the game will be recorded as a tie.
  • Does a tie void a bet?
    • If a Tie outcome is offered, this outcome wins if neither team reaches the listed score. If a Tie market is not offered and the listed score is not be reached within the stipulated time frame, all bets will be declared void, unless otherwise stated.
  • What is the +/- spread in betting?
    • The point spread is the expected final score difference between two teams. It is represented as both a negative and positive number; if the spread is 3 points, you'll see that as both -3 and +3. The team that is the favorite to win gets the minus-number (-3); the underdog gets the plus-number (+3).
  • How does +/- work in betting?
    • Betting Odds Explained

      The “+” and “-” are put in front of odds or lines, indicating the favorites and underdogs. The favorites will be marked with a minus sign, whereas underdogs have a plus sign. This is the case for all types of bets, including moneylines and point spreads.

  • What happens if a team goes over the spread?
    • What happens if you bet on a team to cover the spread and they win? If you bet on a team to cover the spread and they win, you win your bet if you bet on the underdog. But, if you bet on the favorite, winning isn't enough. They must win by a certain number of points.
  • What does ATS mean in betting?
    • Against the spread

      Against the spread” refers to betting on a team to perform better than the point spread set by the sportsbook. They must either win by a margin greater than the spread (for favorites) or lose by fewer points than the spread (for underdogs) for the bet to be successful.

  • What does +7 mean in football spread?
    • Underdog

      What Does a +7 Spread Mean? A +7 spread is very commonly seen in the NFL due to the scoring of a touchdown and a successful extra point. If the spread is set at +7, the underdog must either win the game outright or lose by fewer than seven points in order to cover.

  • What is the format for Vegas odds?
    • Any odds with a minus sign (like -110) indicate that you must risk more than you'll win — a $110 bet at -110 would win $100. Any odds with a plus sign (like +150) means you'll win more than you risked — a $100 bet at +150 wins $150. If you win a bet, you'll receive the payout, plus your original wager back.
  • What does +140 odds mean?
    • If a team was at +140, that means you only have to risk $1 to win $1.40 or $100 to win $140. The key thing to keep in mind is that the payouts are constant regardless of how much you bet. To figure out the exact amount of risk/return, just divide the moneyline by 100.
  • What does minus 170 odds mean?
    • The numbers next to the teams, such as +150 and -170 in the example above, represent the money line payouts, and they're connected to the calculated odds. The negative number shows how much has to be risked to win a $100 payout.
  • Can I place a bet in Vegas online?
    • Under Nevada sports betting law, residents and visitors alike may bet online. Customers may download betting apps and begin signing up online, but registration must be completed in-person at a casino associated with that sportsbook.
  • Can I bet on my phone in Vegas?
    • Sports bettors in Nevada don't need a physical ticket to cash a ticket. Mobile betting has grown steadily over the past decade, and virtually all casino sportsbooks have a mobile app to allow betting on the go. These are the basics of mobile betting (casino rules may vary):
  • What is the best way to bet in Las Vegas?
    • The best way to gamble with $100 in Vegas is to look for low-stakes games that offer good odds of winning. Slots are always popular. However, players looking for better odds should try their hand at blackjack or poker, as these can provide a greater return if the right strategy is employed.
  • Can I use DraftKings in Vegas?
    • Just don't look for either business in Nevada. As with FanDuel and DraftKings, Fanatics and ESPN Bet will not be available anywhere in the Silver State.
  • Can I gamble online if I live in Nevada?
    • Nevada online gambling is perfectly legal. The state has hundreds of legal sportsbooks for gamblers to choose from, while online poker is also legal and thriving in Nevada. Nevada online casinos, however, are still not licensed or regulated.