VEGAS ODDS

Sportsbooks in the United States often use the term “Vegas Odds” to collectively refer to their betting odds and lines.

Vegas odds (sometimes also known as ‘American odds’) are named after the US gambling capital and are trusted by oddsmakers around the world to determine sports betting markets. All bets use Vegas odds, although the moneyline, point spread, and Totals (over/under) are the most popular markets.

The figures that appear next to each team on the moneyline are displayed as American odds. The team with a positive sign (+) next to its odds is the underdog. The team with a negative sign (-) is the sportsbook’s favorite. The moneylines with a plus symbol tell you the amount of money you will win on a successful $100 wager, while odds with the minus sign indicate the amount you need to bet to win $100.

Prop bets or proposition bets are novelty or side bets that can be made on single sporting events, leagues, or overall championships/seasons. They can be a fun way to mix things up and place wagers on more things than simply which team will win a game.