When you open a spread betting position on a market, you are given a ‘buy' and ‘sell' price either side of the underlying market price – this is known as the spread. If you think the market will rise, you open your spread bet at the ‘buy' price. If you think it will fall, you open at the ‘sell' price. 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. The NFL Betting Lines and the NFL Point Spread Betting will go hand in hand for your wagers regardless of which team you're thinking about going with. In essence, these are the numbers that you're going to be betting.
- 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.
Top multiplayer games mobile. 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.
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
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).
The American Format would see Green Bay listed at +800 and for the Decimal Format, the Packers would be 9.00.
Point Spread Betting Example
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.
Boost Your Trading Skills With These Tips For 2021
2020 has certainly bestowed upon us some valuable lessons. We learnt that it was of vital importance to take better care of ourselves. It taught us to appreciate friends and family a lot more. It introduced us to new ways of doing things, especially in the line of work. Communication software like Zoom showed us that we could all still conference as a team and proceed to get things done. In fact, in some parts of the private sector, productivity actually improved once employees started working from home. If 2020 was the year of learning, then 2021 is sure to be the year of earning! Now that home has also become our place of work and with more of it being done online, the opportunities to prosper from your trading skills have never been more abundant. In the world of online Forex Trading, Spread Betting is something that has always held particular appeal; the level of which has actually escalated due to the climate of living many traders now find themselves in. But what is Spread Betting? What does it entail? And how can it benefit you?
Spread Betting 101
If you want to know how to start trading and learning spread betting, then one of the most effective ways would be sign up with a regulated online Forex Trading company and to use a demo account. A demo account is the ideal Spread Betting 101 module, as it allows you to trade within the confines of what spread betting offers while not denting your pocket in any way. Indices, Commodities, Shares, Forex – they're at your fingertips and with Spread Betting you can speculate on everything that these individual trading categories have to offer. When you speculate, you're electing to Buy or Sell a position on the market. Put another way, you're deciding if the share price of something it going to rise or fall. Once you've done that, you select your currency and the point size you're going to stake. The point size and by how much it rises or falls will affect your bottom line in direct correlation to amount you've staked. To briefly illustrate, let's assume you think the price of oil is going to rise. You elect to trade with a stake of £2 per point. This means that with the rise of each point, you earn £2.
Online Spread Betting London
Is spread betting for you?
Spread betting is ideal for those seeking a way to trade minus the complexities often associated with trading. It's like clearing away all the technical jargon and financial clutter to provide a very clear and definitive path to follow. Plus, there are over 4000 spread bet markets including and not limited to Commodities like gold, Shares like General Electric, Indices like the UK 100, and other markets entailing bonds, interest rates and options. In other words, spread betting provides a simplified manner in which to potentially profit from all kinds of legit trades that would usually only be available to investors, bankers, and stock market traders. It's your way into a world that has always been considered impervious to the common man. Spread betting will appeal to anyone looking to possibly gain from short term opportunities as these bets are only held open for a few days. If you'd like to write your own ticket, or rather, if you want to choose what you'd like to invest in, then spread betting is right up your alley. Ultimately, spread betting is the perfect side hustle for traders who want a myriad of betting markets while having the freedom to trade as little or as often as they'd want.
Online Spread Betting
[Spread betting can lead to loss of capital. Please understand terms and conditions before you invest.]
