Some of the best sports betting sites might offer reduced juice, meaning you would find odds of -107 or -105 on either outcome. Sticking with the example above, you might expect to see the NFL point spreads set at 13.5, with odds of -110 on the Eagles -13.5, and odds of -110 on the Jets +13.5. Spread gambling is the most popular form of wagering on football, basketball and many other sports. Online sportsbooks will give the supposedly stronger team a handicap in order to even out the playing field.

You will sometimes see +540 rendered as 6.40 (decimal odds), but you can use a betting odds calculator to turn it into American odds.

A $100 bet on the Jets at +540 would net you $540 if they pulled off an upset, indicating that they are the clear underdogs. If you see a plus sign before a set of odds, it tells you how much profit you will earn by placing a $100. In this instance, you would have to bet $770 on the Eagles just to earn a $100 profit, indicating that Philadelphia is the heavy favorite. If you see a minus sign before a set of odds, it tells you how much you need to stake in order to earn a $100 profit. You might see the Eagles priced at -770 to win the game at Lincoln Financial Field, with the Jets as +540 underdogs in the moneyline odds. Let’s say the Eagles are having a strong season and the Jets are struggling. There is typically a favorite and an underdog. They will then assign a set of sports betting odds to each team.

Odds compilers will weigh up the relative strengths and weaknesses of each team, factoring in head-to-head records, injuries, fatigue, motivation levels, home advantage and so on. This is a simple wager on which team will win a particular game. Then familiarize yourself with the types of betting we explain below and take the plunge. Make sure you stick with the trustworthy books and avoid sites with poor reviews. These include the fastest payout sportsbooks and best sportsbook referral bonuses. SBR has done your homework for you and grouped together the best online sportsbooks and best sports betting apps in the business, including FanDuel and DraftKings. There are hundreds of sports wagering sites vying for your business and it can be difficult to identify the secure, reliable ones. You also need to identify the best sportsbooks, so we have highlighted a few excellent sportsbooks before explaining the key wagers available to you. You must learn how to read the odds, appreciate the different type of sports wagers available and understand the jargon used in the sports betting industry. However, the world of betting can be confusing for newcomers. Wagering on the action is the ideal way to enhance the excitement you experience when watching a sporting event unfold.

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