NFL Odds Las Vegas
How to read NFL Las Vegas Money Line Odds In this example, the Cleveland Browns were listed as a 5.5-point favorite against the Tennessee Titans. Looking at this from a money-line standpoint, Cleveland is a -245 favorite to win the game straight-up, compared to Tennessee at +210 to win the contest. Cleveland -245 (Bet $100 to win $40.80). Find NFL Las Vegas Sportsbook Odds, Betting Lines and Point Spreads for the 2020-21 football season provided by VegasInsider.
The NFL odds from leading Las Vegas sportsbooks are displayed above so you can find the best lines available for your bets. You can also compare the Vegas NFL odds with two of the biggest offshore sportsbooks.
Betting ATS – Against The Spread
The point spread (or just “the spread”) is the number of points by which the supposed better team is favored over the underdog.
It’s the most popular football bet as it makes for a level playing field regardless of how much better one team is than the other. Betting the spread makes it easy for the casual bettor to consider how much a team will win or lose by. That’s much easier than calculating the implied probability of a team winning as indicated by money line odds.
The Patriots being 6.5 point favorites, for example, is something that every sports bettor can easily understand. Whichever team has a higher score after factoring in the point spread wins the bet or covers the spread. A negative value such as -6.5 indicates the amount by which that team is favored. The Pats have to win by 7+ points for bettors to win. The underdog can win the game outright or lose by less than a touchdown for those bettors to win.
Most Las Vegas sportsbooks offer -110 odds on NFL games. Betting $110 to win $100 is clearly not an even bet. The extra $10 you pay is the sportsbook’s commission and is also known as the juice, vig or vigorish. This amount is returned when you win ($210 for that $110 bet) but is obviously kept by the house when you lose.
It is worth noting that the spread isn’t necessarily the exact margin of victory forecast by the Las Vegas sportsbooks. It actually represents the number that linesmakers expect to strike the best balance between favorite and underdog bets. They dream of a relatively even handle and raking in the vig rather than being heavily exposed due to lopsided action. They move the spread to reflect weight of money, sharp action and the latest news such as injury and weather updates.
NFL Moneyline Betting
You are betting on which team will win the game straight-up so it is the simplest NFL bet type however the odds displayed aren’t quite as straight-forward.
Moneyline odds listed with a + sign denotes the underdog and that figure is the amount you will win when risking $100 on a bet.
When odds are listed with a – sign that is the amount you need to risk in order to win $100 on the favorite.
The Cowboys at -200 requires you to risk $200 to win $100. Or to risk $1000 to win $500, etc.
The Giants at +150 means if they win the game straight-up you win get $250 back (your stake plus $150 in winnings) for each $100 you bet.
The default setting for most NFL odds at Las Vegas and online sportsbooks is to assume the amount you enter for a bet is “to win” on negative odds and “to risk” for positive odds.
Betting NFL Totals
NFL bettors can wager on Over or Under the combined points scored by both teams. If you’re expecting strong defense and a lot of running of the ball then you may be interested in backing the Under. But if you believe the offenses will dominate then you can back the Over. Of course to make money as an NFL bettor you’ll need to do a lot more work than that.
Best Vegas NFL Odds
Finding the best available lines for your NFL bets is absolutely crucial. Getting an extra half-point or full point as often as possible will make you a far more profitable NFL bettor each season.
- Where to Bet:
How to read Super Bowl 55 Odds
The Kansas City Chiefs wil meet the Tampa Bay Buccaneers in Super Bowl 55 from Raymond James Stadium in Tampa, Florida on Feb. 7, 2021.
The Chiefs opened as -3.5 betting favorites while the Buccaneers are 3.5 underdogs.
After early wagers came in, most operators are holding Kansas City -3 (-120).
If you were to wager on Kansas City -3, you would have to lay 5/6 odds (Bet $120 to win $100) instead of your normal 10/11 juice (Bet $110 to win $100).
The return on Tampa Bay would be even-money (1/1) and a $100 wager would return $100.
The total or over-under on Super Bowl 55 is hovering between 56 and 57 points.
How to read NFL Las Vegas Odds
The point-spread was developed to provide a balance for both teams involved in a contest to entice 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.
Weekly Nfl Odds From Vegas
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 $90.91 (10% juice)
It's not uncommon to see other values posted other than -10. Examples seen on the NFL 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 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 NFL bets.
Another number that’s posted on the NFL 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 NFL 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.
NFL Open Line
One of the best features on the NFL 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 NFL or any other sport, it’s a great idea to view the open line first.
VI Consensus NFL Line
The VegasInsider.com Consensus NFL 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.
How do I bet on the Super Bowl?
We know that you can bet on the Super Bowl and all of NFL Futures or bet on the NFL Draft at any time of the year, but what’s the process? The future wager or the “Odds to Win” bet on the Super Bowl is correctly selecting a team to win an event that takes place at a later time. A bettor will have his wagered money tied up until there is an outcome and bettors will receive fixed odds when they place the wager. In the case of the Super Bowl, you’re not a winner or loser until you see zeros on the clock in the final game.
Most sportsbooks offer different ways to read to Super Bowl Odds. In the fractional NFL Futures Odds format below, you simply take the odds and multiply by the amount wagered.
Ex. Green Bay (8/1) to win the Super Bowl
The Packers are listed as an 8/1 betting choice to win the Super Bowl. If you wager $100 on Green Bay to win the NFC and they capture the championship, then you would win $800 (8 ÷ 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).
Nfl Odds And Picks
The American Format would see Green Bay listed at +800 and for the Decimal Format, the Packers would be 9.00.
Nfl Sports Line Las Vegas
If you are in a state where online betting is legal, we encourage you to check out our sportsbook directory to find the most trustworthy and reputable sites and mobile apps to place your Super Bowl bets.