Get the latest NFL odds, spreads and betting lines from this week's games, as well as full coverage of the National Football League from USA TODAY. The payout is based on a 'Money Line'. The Goal Spread: When betting on hockey, the team you bet on must 'cover the spread.' This means the team must win or not lose by a predetermined margin of goals. The Money Line: Odds for a game based on $1.00 A 'minus' (-) preceding the number indicates the team is a favorite. Super Bowl LV Information. Date: Sunday, Feb. 7 Start Time: 6:30 p.m. ET TV: CBS Current Odds. Spread: Kansas City (-3) Over/Under: 56.5 points Moneyline: Kansas City -162 (bet $162 to win $100. Over/Under: 56.5 Moneyline: Kansas City -167 (bet $167 to win $100); Tampa Bay +145 (bet $100 to win $145) Odds via DraftKings Sportsbook. Tampa Bay is the better play on the moneyline since it. Updated: Thu, Feb 4 11:14 PM EDT: NOTES: Open Line: Consists of the first betting line received from one of our Las Vegas or Global sportsbooks. VI Consensus: Consists of the current betting line which occurs most frequently among our list of Las Vegas and Global sportsbooks. All Game Times are Eastern Standard Time.

When it comes to sports betting lines, you probably are wondering what the lingo of lines, odds, and spreads really mean. Understanding what these terms mean is essential to making proper picks on your favorite teams. For the most part these rules apply to all the main sports such as football, basketball, soccer, and hockey. But there are some key differences when betting against the big leagues like the NFL, NBA, and MLB.

Super Bowl and Stanley Cup Betting Odds

A betting line is another terminology for point spread, which is tied to the outcome of the event. It is a forecasted prediction of how many points an anticipated stronger team will win by against a weaker team. In the betting world the stronger team is referred to as the favorite, and the weaker team is referred to as the underdog. These collectively are referred to as spreads.

NHL, Baseball, WNBA Playoffs Betting Picks

In a point spread, you have to bet against the forecasted outcome one way or the other, you cannot just pick a team to win lose or it without laying down a lot of money or it would be too easy to beat a highly likely winner. Instead if a team is predicted to win by 7 points, the spread would be -7 towards that team. You then must place on a bet on whether you think the favorite would beat the underdog by at least 7 points, or if you think the underdog could cover and lose by less than 7 or win. Sometimes a game is considered highly contested and balanced that you might have what is called a pick-em where you simple pick which team will win. Point spreads are common in the NFL.

Vegas Betting Lines Fbs

NBA Point Spreads and NCAA Lines Reviewed

After point spreads are established, you can then look at the moneyline bet. This is generally correlated to the point spread except it shows how money you can win based on your wager. Some sports do not use a point spread but rather just stick to a moneyline bet. For example, a team that was a -7 favorite would likely have a moneyline negative as well, say -200. That means, you would have to bet $100 to win $200. Alternatively there is a plus bet that goes with the underdog, say at 250. That means if you bet 100 and the underdog wins, you can win $250. Moneyline bets generally involve a higher wager to make money as opposed to point spreads. Moneyline picks are the most common wager instrument in the major sports of NBA, MLB, hockey, and soccer.

Nascar, PGA Golf and MMA UFC Betting Lines

In unique situations, where a game has a lot of prestige such as the NFL super bowl , NBA playoffs, or the Stanley Cup, you can bet on prop bets which are bets on specific things that could happen during a game. This is a play strictly based on odds of something happen against it not happening. An example might be whether a field goal would be the first type of score in the football game. At any time as people are betting one way or the other, the odds will adjust as people make picks one way or the other.

Premier League, British Open Championship and College Football Odds Every Week

Opening lines generally come out a week before an event but for major events like the Superbowl, it might be out for two weeks once the matchup is established. Football events opening lines generally come out on a Tuesday after all the previous weeks games have been played and is usually the sport most heavily used to gamble on. Basketball and MLB have games more frequently and usually the opening line might only exist for the day of an event.

Most newspapers and online sports betting sites publish the line on a football or basketball game simply as a single number. In our example we will use Chicago against New York in which Chicago is favored by 4 points versus New York. Some bettors refer to this as the favorite laying 4 points, and the underdog getting 4 points. The spread is typically displayed in the following format:

• Chicago -4
• New York +4

By betting the spread, a sports bettor wagers on the amount of points a team is projected to win or lose by. In the example above, -/+4 is the spread. Since the spread is 4, Chicago must win by 5 or more points to win the bet, while New York can lose by 3 or fewer points to win the bet. If Chicago wins by exactly 4, then the bet is a push and no one wins or loses money.

Often there is a number to the side of the spread, such as Chicago -4 (-110). This is to show how much extra money a bettor must risk on their wager.

The (-110) important for calculating payouts and break-even percentages. Since it is -110, we must bet 1.10 to win 1.00, so for each $1 we want to win, we have to risk $1.10. For example, a sports bettor must risk $11 to win $10, $55 to win $50, $110 to win $100, $1100 to win $1,000 and so forth. If the line is a single number, like in the first example, -110 is simply assumed As you may have noticed, bettors are risking 10% more than they can possibly win from their wager.

There’s a technical term for this extra fee: vigorish. The vigorish, also known as “vig” or “juice”, gives sportsbooks a mathematical advantage, commonly referred to as the house hedge. You have likely seen similar fees for casino games. This how sportsbooks make a profit. Since sportsbooks charge a fee, sports bettors winning only 50% of their bets will likely end up losing money in the long term. Taking into account the vigorish, you need to win not half of your bets but at least 52.4% to break even on traditionally-juiced lines (-110).

A common misconception is that, because of this fee, sportsbooks stand to make 10% from the total amount of money bet, also known as the handle. For clarity’s sake, the commission charged to sports bettors is actually 5%. Remember, there is action on each side of a betting line. Say the betting handle on New York vs. Chicago is $1100, divided evenly between the two teams. With $550 to win $500 wagered on Chicago -4 (-110) and $550 to win $500 on New York +4 (-110), the sportsbook will profit $50 off this game, or 5%, so long as Chicago does not win by exactly four points. In the case of a push, all money wagered on the spread will be returned to bettors.

While -110 is typical for spreads and totals, in the era of online sports betting, competition among legal US sportbooks often leads to better deals for customers. One no longer needs to risk an extra 10% on every wager. Some US sportsbooks will run promotions where sports bettors only have to risk an extra 5% on most games instead of 10%. In this case, the line would look like:

• Chicago -4 (-105)
• New York +4 (-105)

One would only risk $105 to win $100 a wager on Chicago winning by 5 or more points. If you win, you still win $100, but if you lose you’ll only lose $105 instead of $110. It may seem like a small difference, but that extra $5 can add up over the course of a season.

Sometimes the line will be displayed as a rather larger number to the side of the point spread. Let us look at an example where you would need to wager $120 in order to win $100:

• Chicago -4 (-120)
• New York +4 (-100)

In this case, the bookmaker is getting a lot of action on Chicago. The bookmaker has two choices. Option A) they move the spread to Chicago -4.5/New York +4.5, or B) if they like the current spread, they can stick with Chicago -4 and move the “juice” instead, hence -120.

Now bettors will risk $120 to win $100 on Chicago -4. On the other hand, those wagering on New York +4 will only risk $100 to win $100 (even money). This is how the bookmaker incentives bettors to wager on New York and balance their sportsbook’s betting handle.

You might find one sportsbook with Chicago -4 (-120) and Chicago -4 (-110) at a different sportsbook. This is why it’s so important for sports bettors to shop for the best lines across the US sports betting industry. The best way to shop lines is to use our odds comparison tools, which you can find for NFL, NBA, MLB, NCAAB, NCAAF and NHL.

In general most bookmakers apply the principle that the difference between betting on the favorite and the underdo is 20 cents. 1926 silver dollar value chart. So if the favorite is -115 then the dog is -105. If the favorite is -125, then the dog is +105. And if the favorite is -110, then the dog is -110.

The same principle applies to wagers on the point total (Over/Under) of the game. If the game total is O41 (-120), U41 (-100) then a $120 wager on the over will win $100 while $100 on the Under will win $100. If the line simply states 41, then you are risking 1.10 to win 1.0 whether your bet is on the over or the under. Again, you can minimize the difference between the over and under and favorites and underdogs by using our odds comparison tools to shop lines.

A Moneyline bet is a wager on the outcome of the game regardless of the point spread. So if you bet the moneyline, you are betting on a team to win the game straight up (or outright). Moneyline wagering is more popular for MLB, NHL, golf matchups and combat sports such as the UFC and boxing, but you can also find moneylines for football and basketball. The usual display for a moneyline wager is as follows:

• X Team/Player -200
• Y Team/Player +170

As you can see, the spread disappeared. Now the number to the side of Team/Player is the moneyline. The moneyline is fluid, fluctuating based on the matchup and the amount of money being bet on each side. In this particular example, a sports bettor must risk $200 to win $100 (2-to-1) if they’re betting on the favorite to win the game. One may bet $200 to win $100, $150 to win $75, $10 to win $5 and so forth. The bottom line is the same, one has to risk twice as much as they want to win.

A $100 wager on the underdog will net the sports bettor $170 if the underdog pulls off the outright upset. One may bet $100 to win $170, $200 to win $340, etc. The bottom line is the same, a bet on the underdog results in a +170% ROI if the underdog wins.

This principle is universal for moneylines, regardless of the team or sport. If Tiger Woods is -180 vs. Phil Mickelson +160, golf bettors must risk 1.80 to win 1.00 on Tiger. Those betting on Phil will risk 1.00 to win 1.60

If you’re new to sports betting, we hope this page helped answer some important questions. We also have a parlay calculator for your convenience, along with the odds comparison tools mentioned above. Be sure to use all of our sports betting tools and tips to help save you time and money at legal US sportsbooks.

Nfl Playoff Las Vegas Lines

Note: Lines and scores highlighted in blue signify an update within the last ten minutes.