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Learning about betting odds

Wagering on the action is the ideal way to enhance the excitement you experience when watching a sporting event unfold. However, the world of betting can be confusing for newcomers. You must learn how to read the odds, appreciate the different type of sports wagers available and understand the jargon used in the sports betting industry. You also need to identify the best sportsbooks, so we have highlighted a few excellent sportsbooks before explaining the key wagers available to you.

Top Sportsbooks

There are hundreds of sports wagering sites vying for your business and it can be difficult to identify the secure, reliable ones. SBR has done your homework for you and grouped together the best sportsbooks in the business, including BetOnline and Bovada. Make sure you stick with the trustworthy books and avoid sites with poor reviews. Then familiarize yourself with the types of betting we explain below and take the plunge.

Point Spread

Spread gambling is the most popular form of wagering on football, basketball and many other sports. The sportsbooks will give the supposedly stronger team a handicap in order to even out the playing field. Sticking with the example above, you might expect to see the NFL point spreads set at 13.5, with odds of -110 on the Eagles -13.5, and odds of -110 on the Jets +13.5. Some other betting sites might offer reduced juice, meaning you would find odds of -107 or -105 on either outcome.

If you bet on the Eagles -13.5, Philadelphia would need to win by 14 or more points in order for your football spread bet to pay off. That makes it harder, but you will earn a much greater profit. If you back the Jets, they could either win the game or lose by up to 13 points and your betting spread selection would pay out. The early NFL betting lines are often set by industry leading sportsbooks, while many wait for the Vegas lines to be published and follow suit. These NFL odds can change. If the vast majority of bettors placed their spread betting wagers on the Jets +13.5, you might see the line drop to 11.5 points. You can keep your eye on NFL Picks to check the best bets.

Betting the spread is popular on sports that have high scoring games, like betting on the NBA lines. It is not so common in lower scoring sports, such as soccer and hockey, but Point spreads can prove popular in those sports when one team is a heavy favorite. Many bettors like to wager on point spreads with credit earned when they take advantage of sportsbook welcome bonuses.

What are the current odds on the Super Bowl?

The Kansas City Chiefs are the +600 favorites in the Super Bowl odds, followed by the Ravens, 49ers and Saints. The Cincinnati Bengals are the biggest underdogs.

Top Sportsbooks

There are hundreds of sports wagering sites vying for your business and it can be difficult to identify the secure, reliable ones. SBR has done your homework for you and grouped together the best sportsbooks in the business, including BetOnline and Bovada. Make sure you stick with the trustworthy books and avoid sites with poor reviews. Then familiarize yourself with the types of betting we explain below and take the plunge.

Learning about betting odds

If you bet on the Eagles -13.5, Philadelphia would need to win by 14 or more points in order for your football spread bet to pay off. That makes it harder, but you will earn a much greater profit. If you back the Jets, they could either win the game or lose by up to 13 points and your betting spread selection would pay out. The early NFL betting lines are often set by industry-leading sportsbooks, while many wait for the Vegas lines to be published and follow suit. These NFL odds can change. If the vast majority of bettors placed their spread betting wagers on the Jets +13.5, you might see the line drop to 11.5 points. You can keep your eye on NFL Picks to check the best bets.