Since whole numbers leave the possibility for ties, most spreads end in. Their opponent, the underdog, would be listed at +7. This is the bettor’s answer to “how many points would you have to spot this bad team in order for them to beat a better team?” Let’s say the favorite in an NFL game is favored to win by a touchdown they’d have a -7 distinction on the betting line. Let’s discuss the terms you need to know:Ī number created for every betting matchup the goal is to have an equal amount bet on each side

Fortunately, we’ve got you covered with some basics that can offer betting insight beyond smiling and nodding when your friends bring up overs, unders and the spread. That can be overwhelming if you’re new to the game. Suddenly there’s a new angle to primetime NBA games and NFL Sundays beyond wins, losses, and playoff races. What was once limited, legally, to Nevada has taken root in states across the country as sportsbooks open up shop wherever legislation allows. If a lot of people are betting the Eagles at -6.5 ( public money) and the sportsbook doesn't want to move that number to -7, they'll push the odds to -120 or -130, meaning a $100 bet would result in an even smaller payout.Sports betting has exploded across America following the 2018 Supreme Court ruling that struck down the Professional and Amateur Sports Protection Act. There are also situations where -110 odds would push to -120 or higher because that bet is getting a lot of money. While each state has different rules, there are certain states where sportsbooks have a higher juice across the board, no matter where you wager. That's because a lot of in-person sportsbooks take a higher cut of bets than online sportsbooks, who receive more bets because they are more widely accessible. As more states legalize sports betting, the variety in juice across states will be a talking point. Of course, not all sportsbooks are the same and sometimes regular odds are listed at -115 or -120. This simply means if you want to win $100, you'd have to bet $110 because of the juice and when the bet loses, that $10 goes straight to the sportsbook.

If there was no juice, a $100 bet would result in a $200 payout. With the juice, a $100 bet would result in a $190 payout. If there was no juice, it would be at even odds, or +100. If the Eagles are -6.5 point favorites, that would be at -110 odds. The sportsbook only collects the juice if the bettor loses the wager.įor example, a point spread is often listed with -110 odds. Juice is another name for vig, which is the cut or amount charged by a sportsbook for taking a bet.

What does 120 mean in sports gambling