How to Read Sportsbook Odds


Regardless of whether you bet on sports, play a game of chance or just like to bet on the NFL or the NCAA, a sportsbook can be a great place to make your wagers. There are many different types of bets you can place, including Tie, Under, Vigorish, and Longshot. The best part is that you can make your wagers online and you will not have to leave your home to get the money you need.

Tie, Under, and Vigorish bets

Whether you’re an aficionado of football, basketball, or horse racing, you’ve probably heard of the concept of tie, under, and vigorish bets. These are a fun way to wager on a game and can make your money go further. However, before you start wagering on the latest football or basketball matchup, you’ll want to be familiar with the terminology and know when to put your bets on.

For starters, you’ll want to avoid laying down more than $110 on an over bet, and less than $10 on an under bet. It’s also a good idea to shop around for the best odds. This is especially true if you’re betting on an over/under combination.

Longshot and Half-Time bets

Choosing the best longshot and half-time bets at sportsbooks can be a fun and challenging task. Luckily, there are a few tricks to make sure you don’t waste your time and money on a shoddy bet.

First, you’ll want to find a reputable sportsbook. A reputable bookmaker should offer a wide variety of betting options and a good reputation. Also, they should offer competitive odds.

Secondly, you’ll want to find a good sign-up bonus. Some online sportsbooks offer a risk-free first bet up to $1,000. Depending on the sportsbook, this can come in the form of cash back up to 25% or instant gold status upon opening an account.

Money line

Usually displayed with a plus or minus sign, the money line at a sportsbook is a simple way to know which team you should bet on. While the point spread requires you to pick a team to win by a specific margin, the money line doesn’t.

Sportsbooks divide teams into favorites and underdogs. The favorites are considered better odds. These teams will usually display a minus sign in front of the money line number. This means that you must bet more to win $100 on the favorite. On the other hand, the underdogs will display a positive number. The underdogs are considered less likely to win, but they will pay you more if they do.

American odds

Whether you’re new to sports betting or an experienced sports bettor, it’s important to understand how to read sportsbook odds. This will help you to understand how to pick winners and increase your chances of winning.

There are two types of odds, positive and negative. In positive odds, you’ll win a certain amount of money for every $100 you bet. In negative odds, you’ll receive a smaller payout for every $100 you bet. Decimal odds are favored in Europe and the United Kingdom, but fractional odds are more common elsewhere.