What Is The Point Spread And How Does It Work?
The differences come in how the odds relate to the differing bet types between esports betting and sports betting. Just as odds are applied differently between online casinos and sportsbooks, they are as well between sports betting and esports betting. You can get to grips with the ins and outs of esports betting in our guide here. If you’re already acquainted with sports betting or casino odds then you have a massive head start when it comes to reading esports betting odds. Odds are essentially a provide a displayed likelihood of an outcome that you can use to calculate your chance of winning as a percentage and your potential returns from a bet.
A winning $10 bet on West Ham would return $50 plus your $10 stake. Fractional odds display the return for $1 wagered, not including your stake. American odds are sometimes referred to as US odds, or moneyline odds. You will find prices in this format at all legal US sportsbooks. There are a million esports titles out there nowadays, each vying for your attention. And while it’s possible to get odds on most games out there, we believe the best opportunities to bet are on the major tournaments.
Figuring it out involves converting odds into a percentage, which indicates the likelihood that event will happen vs. the alternative. In order to win $100 on the Penguins , you’ll need to wager $130. If you wagered $100 on the Senators , you’d be set to win $110. When you see -150, +230, or any other three-digit number with a +/- in front of it, you’re dealing with American betting odds. You will often hear it said as 3/1 against – well think of that as 3 chances against something happening versus 1 for it happening i.e. it is a 1 in 4 chance.
Even Money is a bet that returns as much profit as the initial wager was. You can figure out how to read odds with point spreads by taking a look at the number shown next to the odds. For instance, if you see Dallas Cowboys +7, you are betting on whether or not the Cowboys will win their game by more than 7 points. Fractional odds, as you might expect, display with one number over another number. UK and Irish bookmakers favor this format, making it a common sight on soccer betting odds.
First and foremost we’re gamers — and this spills through into everything we do in the Strafe esports betting section. When shopping around, just make sure the betting site that you ultimately decide to use is 100% legit and legal to use where you are. You can find out about betting on esports safely from wherever you are in the world by using our esports betting legal guide here. With negative number odds, the number refers to the amount you would have to stake in order to win $100. For example, if the odds are -200, then you need to have a $200 stake in order to win $100 dollars. When Thomas Hearns fought Iran Barkley in a WBC middleweight title fight in 1988, Hearns was a considerable favorite, and rightfully so.
Odds are significant when selecting a sportsbook because they affect your money. If you choose a sportsbook with poor odds, you will end up wasting money every time you place a bet. Moneyline boasts one of the most comprehensive assessments of odds in the industry. Based on 34,000 data points from over 1,700 individual bets, we found the following sportsbooks offer the best odds on moneyline bets. Here’s what American odds look like for spread, moneyline, and total bets. In this matchup, there is a big difference between the two odds, indicating a much higher probability of Duke winning the game and advancing to the next round of the NCAA Tournament.