1. Sportsbook Review Betting Odds
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3. Sportsbook Betting Odds

Public Betting Compare Odds PRO Report Projections Expert Picks Our odds page gives you lines from a variety of sportsbooks to make sure you’re getting the best price no matter what you want to bet. The best lines will be highlighted in green and update in real time. Use the filter odds tab to look at spreads, over/unders or moneylines. Types of wagers include straight bets, parlays, match-ups, futures, props and in-play betting. Our easily accessible casino and Sportsbook features lounge seating with individual viewing stations, 24 odds-display monitors and 50 feet of wall space dedicated to 80-inch TVs for viewing the best games. Online sports betting offers gamblers access to thousands of internet sportsbooks worldwide. Our guide will help you learn how to calculate sports betting odds in different formats and compare them against each other, and improve your gambling with our sports odds calculator.

And then there were two! Super Bowl odds have been determined with the Kansas City Chiefs and Tampa Bay Buccaneers playing for this season’s Super Bowl championship Sunday, Feb. 7. Tom Brady vs. Patrick Mahomes in what should be an exciting game play for all of the marbles.

The Kansas City Chiefs (-160) have been the Super Bowl LV favorite of BetMGM oddsmakers to go back-to-back since they won last year’s Super Bowl. Only a few times along the way have other teams flirted with similar or shorter odds and here the Chiefs sit one game away from repeating. Brady, who knows a thing or six about winning the Super Bowl, and his Buccaneers, will have something to say about it.

We’ll be tracking all of the Super Bowl 55 odds and Super Bowl prop bets heading into the Big Game, where the league champion for the 2020 NFL season will be decided.

Updated 2021 Super Bowl odds

Super Bowl LV money line

Kansas City Chiefs -160 (bet $160, win $100)Buccaneers +135 (bet $100, win $135)

Super Bowl LV spread – ATS

Odds alert change! The spread has shifted .5 points, dropping to an even 3 entering Super Bowl weekend.

Chiefs -3 (-115)Buccaneers +3 (-105)

Super Bowl LV total – Over/Under

56.5 points, -110 Over, -110 Under

Be sure to check out our Super Bowl LV: Chiefs vs. Buccaneers picks and prediction, as we break down all of the key lines with suggestions on how to bet on the Big Game.

Odds via BetMGM Sportsbook. Last updated 2/5/21.

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Also see: Super Bowl Prop Bets Super Bowl Favorite

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Welcome to the Sports Betting Odds section of The Sports Geek. If you are new to sports betting and don’t understand how to read betting odds (+150, -110, +2200, etc) we will lay it all out for you and help you learn how the betting odds work.

Sportsbook Review Betting Odds

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Sports Betting Odds Explained

Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.

American Style Sports Betting Odds

Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:

American Odds

• Matchup Odds
• New England Patriots +120
• Pittsburgh Steelers -140

The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.

The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.

The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.

A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.

Examples:

A listed odd with a + sign in front of it, such as the +120 in our example above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits.

Examples:

Below is an example of NFL betting odds taken from an online betting site.

In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet pays $100).

The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.

Ready To Start Betting?MyBookie and BetNow are my two favorite sportsbooks and make betting very easy. You will also get a Free Money Bonus at each sportsbook if you follow either link above.

Decimal Style Sports Betting Odds

Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:

If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.

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If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits.

Sportsbook Betting Odds

Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.