п»їDelaware Sports Betting.
Delaware was the first state to launch sports betting, including single-game bets and future bets, outside of Nevada shortly after the end of PASPA .
Delaware moved forward after the court decision so quickly that it beat New Jersey – which fought the case that ended PASPA – to opening its sports betting operation. The state’s three casinos started taking bets in June 2018 .
Delaware is among the small group of states that previously already had a form of legal sports betting during the PASPA era.
In 2009, the state passed a law permitting the lottery to offer expanded forms of its parlay product. Federal law stood in the way until May, when the US Supreme Court repealed PASPA and put the decision back in states’ hands.
Here are the basics about Delaware sports betting:
Delaware sports betting basics.
Delaware has been involved in gaming and horse racing since colonial times. Today, all gambling in the state falls under the oversight of the Delaware Lottery .
In 1976, the lottery instituted a parlay system for betting on the results of multiple sporting events. The product lasted just one season, but it was enough to earn the state a partial exclusion from the federal ban more than 15 years later. The state later re-instituted parlay wagering.
That federal ban has been fully removed now, and Delaware has expanded into single-game wagering.
When will online sports betting launch in Delaware?
There’s no timeline for the Delaware Lottery to launch online sports betting. Delaware residents need to travel to nearby Pennsylvania or New Jersey to legally bet on sports online.
Online sports betting is legal in the state, but so far it’s been deemed too expensive to launch.
That could all be different after the coronavirus pandemic, however. Sports betting was shut down along with the casinos in the state since there was no online option available.
A lot of aspects of gaming need a fresh look after the pandemic, including mobile sports betting, Director Vernon Kirk told LSR .
Recent Delaware sports betting and DFS stories.
Delaware North Casinos Back In Sports Betting Via New Deal Involving IGT, Betgenius; WV Sportsbooks To Return.
Delaware, West Virginia Sports Betting Annual Reports Start 2019 Roundup.
Revenue Reports From The Coasts Show Difference With And Without Mobile Sports Betting.
1 2 3 … 5.
Legal betting options in Delaware.
William Hill supplies sports betting to Delaware’s three casinos through an agreement with the Delaware Lottery.
All of the standard betting markets are available in Delaware, though there is a limit on college betting. Books cannot take action on any in-state colleges, which include the Division I University of Delaware Blue Hens and the Delaware State University Hornets .
All sports betting must be done at Delaware’s three casinos. There are websites that suggest they can take online sports bets in Delaware and anywhere in the US, but those aren’t licensed entities. US bettors would have no legal protections when dealing with those operators.
That means an offshore sportsbook could choose not to pay out a bet or could close without returning customer funds.
Most popular sports to bet in Delaware.
Delaware is a bit of an anomaly when it comes to sports fandom.
Its proximity to Baltimore , Philadelphia and Washington DC , means sports betting loyalties can be spread wide throughout the state.
The majority of Delaware’s fewer than 1 million residents live in New Castle County , which is in the northern part of the state. Since the heart of New Castle County, Wilmington , is just 30 miles south of Philadelphia, sports fans tend to lead toward Philly teams.
That means the NFL ‘s Philadelphia Eagles are one of the most-bet teams in the state. But the Baltimore Ravens and Washington DC ‘s NFL team also see their fair share of bets from residents as well.
Delaware and daily fantasy sports.
Delaware is one of a few US states that legalized and regulates daily fantasy sports . Gov. John Carney signed DFS regulations into law in 2017.
That means anyone 18 years old or older can enter real-money daily fantasy sports contests offered by operators like DraftKings , FanDuel and Yahoo .
Is horse racing legal in Delaware?
Yes, horse racing and betting on horse racing are both legal in Delaware.
Delaware has two harness racing tracks:
Delaware Park in Wilmington Dover Downs in Dover.
The state’s three casinos also have racebooks and simulcast betting.
Betting on horse racing online is also legal in the state. That means advance deposit wagering operators like BetAmerica , TVG and TwinSpires can all legally take bets from Delaware.
Delaware sports betting timeline.
2018: Racing to the starting line.
Delaware emerges as a contender to win the race to market, sprinting toward the gate alongside New Jersey .
Following the SCOTUS decision, state officials conduct a review of the legal climate and existing laws. The group determines that no further legislative work is needed for Delaware to move forward, clearing the way for a quick launch. Regulators expect the industry to roll out in June, barring any hiccups.
On the last day of May, Gov. John Carney confirms those expectations. Carney issues a press release targeting June 5 for launch, a timeline that ultimately proves accurate. It wins that sprint to market on June 5.
2009: State tries to expand sports betting.
In 2009, Gov. Jack Markell pushes an effort to expand the states’s existing parlay lottery product into full-scale sports betting. The sports leagues bring suit against the state, citing PASPA. Although the DE Supreme Court had ruled the move was legal, federal courts disagreed. A US Circuit Court provided the final ruling against the state, shutting down its proposed expansion.
Markell appeals to the US Supreme Court, which declines to hear the state’s arguments. Had the court taken the case, we might be talking about Markell vs. NCAA rather than Murphy vs. NCAA (named after the NJ governor).
Delaware sports betting FAQ.
Is sports betting legal in Delaware?
Yes. Delaware law permits sports betting, and became the first state outside of Nevada to book a legal, single-game wager. Books are now taking wagers.
Who oversees Delaware sports betting?
The Delaware Lottery is charged with regulation and oversight of the industry.
Where can I bet on sports in Delaware?
Single-game sports betting is limited to the state’s three casinos:
Delaware Park Casino Dover Downs Hotel & Casino Harrington Raceway & Casino.
Parlay betting is also allowed at lottery retailers throughout the state.
Who can apply for a Delaware sports betting license?
Technically, nobody. The state’s three casinos function as a combined licensee, and they share the cost of licensure based on their slot contribution to the state.
Who can bet on sports in Delaware?
The legal gambling age in Delaware is 21.
Is mobile sports betting available in Delaware?
According to lottery officials, mobile sports betting is legal in Delaware, but currently is not offered.


First State wins big with sports betting during NFL season.
DOVER — Are you ready for some football, Delaware?
If the Chiefs hoist the Vince Lombardi Trophy again tonight, that’s good news for the First State’s coffers.
The state of Delaware gains $104,000 for its General Fund with a Kansas City Super Bowl LV win and loses $15,100 with a Tampa Bay upset.
That’s based on futures bets — wagering on a team to win the Super Bowl at ever-changing odds throughout the year.
In the futures wagering, favorite Kansas City’s odds began at 4-1 in September and dropped to 9-5 in December, meaning there was less risk to the state if bettors cashed in.
The Buccaneers were a longer shot to win (12-1 at the season’s opening kickoff and throughout the year), meaning the payoff would be higher for bettors.
Whether Tampa’s Tom Brady is a champion again or the Chiefs’ Patrick Mahomes repeats as No. 1, the First State will add millions of dollars to its coffers overall.
Heading into the final week, the Delaware Sports Lottery held on to $22.4 million of $61.1 million wagered on NFL and NCAA games.
The ultimate overall outcome wasn’t certain, due to ongoing bets right up to the big game today.
Kickoff is scheduled for 6:30 p.m. at Raymond James Stadium in Tampa, Florida.
The state figures to make out pretty well this year on professional and college sports bets placed at Delaware’s three casinos and at retailers throughout the state.
After paying off the state’s three casino sportsbooks in Dover, Harrington and Wilmington, along with vendors and retailers, the Delaware Sports Lottery will deposit the remaining profits into the General Fund, state Lottery Director Vernon Kirk said. That amounted to $9 million as the Super Bowl approached, with several days of wagering remaining.
Mr. Kirk called the football numbers “outstanding” and attributed much of the state’s success to the uncertainty that COVID-19 brought to the season.
Patrons use self-service machines to place their wagers at Dover Downs on Friday.
Gauging team’s potential performances was perhaps more challenging due to uncertain player availability and scheduling upheavals that marked many games played in the 2020-21 season, according to Mr. Kirk.
“We were very lucky in that regard,” he said.
Delawareans’ ongoing preference to parlay cards continued to pay off, as well, Mr. Kirk said. Where single-game bets require just one team to come through, the only way to win a parlay is to correctly pick at least three outcomes, albeit at higher payoffs if successful.
Since their inception in 2009, the state has always marketed parlay cards as a more recreational experience, Mr. Kirk said, “and people got used to it.
“It was promoted more of a fun, casual venture to have fun with, not something that’s seen as making an investment (in an attempt to make serious money).”
The final parlay card to this season includes propositions such as:
• Coin toss heads or tails.
• Team with the shortest made field goal in the game.
• First team to commit an accepted penalty.


Legal Delaware Sports Betting.
Legal Delaware sports betting has been around for longer than some might think. Delaware was one of the states exempt from the federal ban on legal sports betting, the Professional and Amateur Sports Protection Act (PASPA, 1992), so sports betting has always been a part of the First State. This was in the form of NFL lottery-style parlays that were allowed. Full-service legal sports betting launched in Delaware on June 5, 2018, making Delaware the first state (no pun intended) to launch a legal sports betting market following the repeal of PASPA. Since Delaware allowed its state’s lottery to oversee the limited sports betting the state was afforded, once PASPA was repealed sports betting was able to launch almost immediately without the need to vote or rewrite the law. Delaware offers land-based sports betting in three local casinos and online sports betting is legal as well.
Sports bettors in the First State have always had access to betting on sports and now the options have only increased. One can find some of the best options for legal Delaware sports betting from a number of popular online sportsbooks. Online betting is the primary way many Delaware players wager, specifically players who do not live close to one of the three available retail sportsbooks. With online sports betting, it doesn’t matter where you are in the state, you can place action on your favorite sports team.
Delaware Sports Betting And Gambling Laws.
The Delaware sports betting laws clearly define what types of betting are permitted in the state. Article 2, В§ 17 et seq. of the Delaware Constitution permits lotteries, pari-mutuel wagering, and games of bingo in the state. Under the constitution, licensed racetracks are authorized to allow simulcasts of horse races.
Title 29 Chapter 48 of the Delaware Code further outlines lotteries in the state and specifically lays the framework for the sports lottery. Under the auspices of the now-overturned PASPA, DE was one of the states allowed by federal law to offer limited lottery-style sports betting. The Delaware State Lottery governed the limited NFL parlays that were permitted in the state, and it still serves this function to this day, despite finally being allowed to offer single-game sports wagering as well.
The Delaware Gambling Competitiveness Act of 2012 brought legalized Internet poker and casino games to Delaware. The law serves as an amendment to Titles 4 and 29 of the Delaware Code as they relate to state lotteries. The Act includes the application, operational, and consumer safety requirements of Internet gaming operators wishing to enter the state.
You will not find a specific law relating to full-service, single-game sports betting on the DE books, as the state determined that, with PASPA overturned, its Delaware Lottery agency already had the authority to implement and regulate sports wagering of all kinds. Thus, no legislative action was required to launch legal Delaware sports betting, allowing it to go live almost immediately after PASPA’s elimination.
Where To Legally Bet On Super Bowl LV In Delaware.
Super Bowl 55.
Sunday, February 7th, 6:30 EST.
Kansas City Chiefs.
Tampa Bay Buccaneers.
There are a few options for to legally bet on Super Bowl LV in Delaware. The state has regulated sports betting in its lawbooks and currently, three commercial casinos offer sports betting for the Big Game. Those being the Dover Downs Sportsbook in Dover, the Murphy’s Harrington Sportsbook in Harrington, and the Delaware Park Sportsbook in Wilmington. Each of these sportsbooks will be hosting betting options for SB LV. Some of the best odds, however, will be found online at legal sports betting sites. Sites like MyBookie or BetOnline offer some of the best Super Bowl betting odds out there. You will find odds varying from straight game bets to special prop bets surrounding events like the Joe Biden pre-Super Bowl interview. Short odds on are Biden picking the Kansas City Chiefs to win it all at -120 Super Bowl 55 will begin on Sunday, February 7 at 6:30 PM and online sportsbooks are already available for Delaware players to place action.
SportsBetting – Skip The Lines At Racetracks, Bet On Sports Online.
Even though sports betting in Delaware can be found in the state’s racetracks, those venues don’t have an online presence. For the most convenient way to bet on sports in Delaware, SportsBetting is the answer. Not only are they able to serve up odds on their regular site, but they are also mobile-optimized so you can get the app feel by visiting them from your mobile browser. Best of all, you can travel outside of Delaware and still have access to your funds. If you don’t feel like making the drive to a racetrack you don’t have to. Check out SportsBetting in Delaware to see why so many others have already joined.
BetOnline – Best Odds At Delaware Sportsbooks.
BetOnline is perhaps the best sportsbook available to Delaware’s bettors. Delaware has some interesting laws regarding online sports betting, but that hasn’t stopped BetOnline, which is one of the best global sports betting websites around. BetOnline provides all the odds you can shake a stick at, from moneylines and parlays to futures bets and spreads. If you want to bet on the NFL, you can do that. If you want to bet on esports, you can do that too. Whatever you want to bet on, BetOnline is the hookup.
MyBookie – Delaware’s Most Efficient Online Sportsbook.
Since Delaware was one of the first states to get in on the sports betting wave, there are plenty of options throughout the First State for those looking to place wagers. However, those looking to bet from home, on their phones, or just get some better odds should check out what is available at MyBookie. MyBookie is one of the premier online international sportsbooks that has been serving Delaware residents for years. At MyBookie, you will find game lines, futures bets, player props, parlays, teasers, and so much more right at your fingertips. MyBookie also has some of the most competitive lines available, with odds updated every day for all the biggest games. Next time you are looking for a place to bet in Delaware, be sure to visit MyBookie to see what they have to offer.
XBet – Top Of the Charts, XBet Is For Delaware Players.
Clearly, there are no better online sportsbooks than XBet. This sportsbook here has one of the best odds for all sporting events and they change for the better often. There are live betting options which means you can place your bets on specific parts of the game and still win big. Along with a live betting feature is the mobile betting feature that lets players get on their phone and place their bets as well. Most of the time players may be out somewhere and if that’s the case as long as you have your phone, your account is on your hip. There are refer bonuses that help both new players and current account holders as well.
Rank Sportsbook Bonus Offer Play Now 1 50% New Member Bonus!Read Review Visit Betonline 2 50% Up To $1,000 Read Review Visit MyBookie 3 50% Up To $1,000 Read Review Visit Sportsbetting 4 100% Up To $300Read Review Visit XBet.
What Teams Can I Bet On In Delaware?
Due to Delaware being in such close proximity to Maryland, Pennsylvania, and Washington, D.C., residents tend to share their fandom with these states. DE is one of 24 states without a professional sports team, which means you won’t necessarily be rooting for the home team. On a collegiate level, there is a local favorite, as the state’s homers tend to be diehard fans of the Delaware Fightin’ Blue Hens.
One of the best aspects of using an online sportsbook is that they offer betting lines on just about every team imaginable. Though you have your options open when it comes to both professional and collegiate sports, here are some of the teams that Delaware residents bet on the most:


Delaware Sports Betting.
When you think of major sports and sports betting, Delaware probably isn’t the first state that would come to mind. With no professional or collegiate sports teams located within the state , it was surprising that Delaware was the first state to legalize sports betting in June 2018 , aside from Nevada. Delaware legalized sports betting so fast that they beat New Jersey, who spearheaded the bill that took down the PASPA ruling.
Delaware has had parlay sports betting since 2009 when the Delaware Lottery received permission to offer multi-game bets from the state. They were grandfathered in when the PASPA ruling began, allowing the same deal that Nevada had, but Delaware never acted on single-game wagers.
Delaware has some of the most complicated and confusing betting laws of all of the 50 states. They can be so progressive, while also being restrictive, and also ban some gambling channels, while also allowing others.
What do we mean by that? Well, for instance, Tribal casinos are illegal in Delaware , while regular, commercial casinos are legal. Most states operate the other way around. It could be due to the few tribes within the state, with no interest in starting one. All betting functions are held and regulated by the Delaware Lottery.
In addition to tribal casinos, daily fantasy sports is also illegal in Delaware . DFS being illegal doesn’t make much sense, unless the governing officials aren’t sure how to regulate it. On a whole other scale, online betting and online casinos are totally legal in the state. Having online gambling legalized within the state is fairly progressive, as many states have dated laws that are from before the internet.
So, how has sports betting legalization helped Delaware as a state? As of September 2019, with just under a year and a half of legalized sports betting under their belts, the state of Delaware collected over $6.7 million in sports betting tax alone.
Can I bet on sports in Delaware?
Yes, sports betting is absolutely legal in the state of Delaware, and available to anyone over the age of 21. While sports betting is limited to the three casinos who are licensed to offer sports betting, with no plans of mobile betting on the horizon, offshore sportsbooks are a great option for those who live hours from a casino.
Online sportsbooks are the most convenient way to bet on sports. You can bet on sports from the comfort of your own home, on the bus, at the sports bar – just about anywhere! There are some great sportsbooks that are available for Delaware residents with easy signup processes and a great sign up bonuses. Betting online in Delaware is easy, and legal – as online gambling is legalized in the Delaware state laws.
Delaware Casinos.
There are currently three land-based casinos that sports bettors are legally able to visit to bet on sports within the state. The Delaware Lottery runs, oversees and regulates the sports betting within these casinos, and deals specifically with Scientific Games and William Hill Sportsbook.
Delaware Park Casino.
Delaware Park is located in Wilmington and is situated trackside so sports bettors can watch the races while betting on sports or horses. They offer a variety of sports including auto racing, baseball, basketball, boxing/MMA, football, golf, hockey, and soccer. They also offer parlay cards for professional and college football. Sports bettors are able to sign up for their Player Rewards Card, which allows for special promotions, and big events at the sportsbook.
Dover Downs Casino.
Dover Downs Hotel and Casino is located in Dover and is using the Sports Pick software owned by the Delaware Lottery to place wagers. You can place single bets or football parlays, the same as listed above for Delaware Park.
Harrington Raceway and Casino.
Harrington Raceway and Casino in Harrington, Delaware offers professional and college football, MLB, professional and college basketball, NHL, golf, auto racing, and soccer. They offer the same standard sports betting experience as the other casinos, with single-game bets and parlay options.
When will sports betting apps or state-run online gambling launch? Likely soon, but there is no word from the state regarding a timeline. They have no active bills that would be aimed toward mobile sports betting in Delaware, and while online casino games exist in the state, it wouldn’t be hard to get the green light for that kind of legislation.
Top Online Sportsbooks for Betting in Delaware.
For new bettors in Delaware looking to get a piece of the action at an online sportsbook, we have great sportsbook reviews that can help you find a safe, secure, and easy to use method to bet on sports . Our reviews were compiled by experts who took the time to evaluate a list of criteria before recommending a sportsbook.
When it comes to betting online at an offshore sportsbook from Delaware , we recommend looking for a sportsbook with a great bonus that also accepts your preferred payment method. There’s nothing more frustrating than signing up and going to make a deposit at an online sportsbook that only accepts Bitcoin. Usually, sportsbooks will have some great first deposit bonuses as well that you can take advantage of.
Not all sportsbooks are the same , which means that some offer better lines than the other. Ensuring you find an online sportsbook that has great odds and competitive lines will help you make more money from sports betting in the end. We recommend shopping around at a few online sportsbooks and see who is offering the best price.




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п»їBest Super Bowl Sports Betting Bonuses.
The biggest day in US sports betting has arrived. The Super Bowl one of the most popular sports betting events worldwide. Before you rush to the nearest sportsbook to place your own wagers, take a look at our round-up of the very best Super Bowl betting bonuses.
Top Super Bowl Bonuses at Legal Sports Betting Apps 2021.
FanDuel Sportsbook.
Available in: PA, NJ, IL, IN, IA, CO, VA, TN, MI, WV.
FanDuel, one of the country’s top sportsbooks is offering one of the best bonuses for new users looking for action on the Super Bowl. If you were on the fence about joining FanDuel and are located in one of the permitted states, take full advantage of this bonus.
Get 55/1 Odds When You Place Your First Bet On The Big Game.
Terms and Conditions.
Maximum bet of $5 Available in-app only. Bettors must make at least $10 in separate wagers to qualify for this offer.
BetMGM.
Available in: CO, IN, IA, MI, NV, NJ, PA, TN, WV, VA.
BetMGM claims to be the “king” of sportsbooks. With the $600 risk-free bet promo they are offering to new users, they might convince you. While this is not directly associated with the Super Bowl, it provides new users to bet on the game risk-free.
Risk-Free First Bet Up To $600.
It’s important to note that using this bonus doesn’t give you $600 instantly but instead releases your bonus in increments. There is no bonus code but there are required steps.
Sign up as a new user and deposit. Place your first wager. If the bet does lose, your free bets will be available once the wager is settled!
Terms and Conditions.
Once you claim this bonus, no other “New User” bonus can be claimed. Initial deposit must be minimum $10. No Cash-outs.
William Hill.
Available in: NJ, WV, CO, IL, IN, MI, VA.
This UK based sportsbook is one of the oldest and most popular sportsbooks in the US. Though lacking a lot of variety, they do offer a decent bonus for new users looking to bet on the Super Bowl.
Risk-Free Bet Up To $2,021.
This Bonus is very similar to BetMGM’s risk-free bet, but it differs in a few ways. The main difference is that it requires you to use code ”TODAYRF’ to participate when signing up.
Terms and Conditions.
Must be used within 7 days of claiming. Only your first sports wager after registration qualifies for this promotion. The participant will earn a one-time Free Bet token equal to the lesser of: 1) The full value of the Qualifying Wager or 2) $2,021. Risk-Free bet of $2,021 is available in VA, MI, IN, and CO. In NJ, WV, IL it’s up to $500.
BetRivers.
Available in: NJ (as SugarHouse Sportsbook), PA, IL, IN, CO, IA, MI.
Though only available in minimal states, this sportsbook has one of the best bonuses available.
$55 In Free Bets.
In celebration of the 55th Super Bowl, betRivers is offering bettors a chance at $55 in free bets. Place $55 worth of wagers in real money on the big game and receive $55 in free bets.
Terms and Conditions.
Free bets will be added to your account in $11 increments on 2/8, 2/15, 2/22, and 3/1. Free bets expire 30 days after they are issued. $55 real money bet must be placed at odds of -200 or longer.
Big Game Deposit Match.
This promotion provides new users an amazing opportunity to bet on the Super Bowl and receive a huge perk. With a minimum deposit of $100 and using the code BIGGAME500, you can receive an additional $500 in bonus money. The best part is BetRivers only requires a 1X rollover.
Terms and Conditions.
Wagers must be -200 or greater. House specials don’t qualify. Cash-out voids promo. Additional $400 in 1X Bonus Money will be awarded in $100 increments on 2/8, 2/15, 2/22 and 3/1.
PointsBet.
Available in: CO, IL, IN, IA, MI, NJ.
PointsBet is offering two great bonuses in time for the Super Bowl.
GOAT Insurance.
As the battle between Brady and Mahomes approaches, PointsBet is giving bettors some peace of mind with GOAT insurance. When you bet up to $50 on either team, you’ll receive your money back if your team loses by 43 points or fewer. The stats say this is a bet worth making: Mahomes’ biggest loss in the NFL is by 8 points and Brady’s biggest margin of loss through his college and NFL career is 35 points.
Terms and Conditions.
Only your first pregame moneyline bet on the Super Bowl is eligible for the bonus. Max bet $50 (refund is up to $50 in free bets). One per customer.
Up To $2000 In Risk-Free Bets.
If you’re a new PointsBet user, you can get up to $2000 in risk-free bets. Sign up with code BIGBONUS and you’ll receive one risk-free fixed odds bet up to $500 and one risk-free PointsBetting bet up to $1500.
Terms and Conditions.
New users only. Must use code BIGBONUS. If your risk-free bet loses, you’ll be refunded in free bets.
DraftKings Sportsbook.
Available in: CO, IA, IL, IN, MI, NJ, PA, TN, VA, WV.
DraftKings has risen to the top of the rankings when it comes to sportsbooks. DraftKings been offering amazing bonuses from day one, and for the Super Bowl the operator continued this trend by offering some unbeatable bonuses. Let’s take a look.
Early Bird Big Game Profit Boost.
Terms and Conditions.
You must select the boost from your bet slip before placing your bet. 55% Profit Boost will apply to the winnings (winnings exclude your original bet). Max $50 bet – Max $250 additional winnings. You must Opt-In by 11:59 PM ET on 1/28 to receive the Profit Boost. Includes Live Bets. Excludes Same Game Parlays – excludes free bets, cash-out bets, voided bets, and odds boosts.
Deposit Bonus up to $1000.
There’s no better time to start placing wagers than during the Super Bowl. This bonus is strictly for new users. While it’s not specifically centered on the Super Bowl, it’s still a great opportunity to boost your bankroll if you’re a first-time bettor. This bonus will provide you with a 20% deposit bonus up to $1000.
Terms and Conditions.
Every $25 played on DraftKings in DFS/Sportsbook/Casino, the user will receive $1 in bonus funds, Sportsbook requires -300 odds or longer. The playthrough requirement must be met 90 days from the date of first deposit to receive maximum bonus. Customers who previously made a deposit on DraftKings are ineligible for this promotion. Limit one.


Sportsbetting Promo Code – February 2021 Codes.
PROMO RATING.
And here it is again, Super Bowl Time ! Are you ready? Make sure that you head over to SportBetting and download their Free Party Props Sheet now so that you’re ready to go on the big day and not look like a moron in front of your friends, standing there all, “hold on, I’ve gotta go download it now…” Be proactive!
SportsBetting offers up their own “first timer” or “welcome” bonus. This should not be a surprise to anyone. What you may not know however is that the one they offer us much better than the industry average. New players can get a 50% Deposit Bonus up to $1000 just for signing up and depositing cash with the promo code SB1000 !
Along with all of the SportBetting promo codes you could want, they also offer competitive lines, live betting, a real money casino, and a pretty decent online poker room.
SportsBetting also happens to be the sister site to BetOnline which has a fantastic reputation and is a bookie you can feel totally comfortable betting with. The reason we bring this up is to just point out that the bonuses and promos you will find at SportsBetting are usually a little better, a little larger, than at the sister site, so if you choose to join only one, (which we do not recommend) make sure you’re joining the one that will best suit your gambling needs!
Great SportsBetting promo codes are not the only things they have to offer. Also on hand are some of the easiest deposit options for USA bettors, the previously mentioned fantastic bonuses, timely payouts, and easy payouts.
But, enough of our ranting about SportsBetting and the nice SportsBetting promo codes. You obviously already know that we like them, we back them up, we totally support them in every way. To see an honest, solid review of them, just check out this link, all updated for 2021 from the fine folks over at GoodSportsBooks!
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п»їExpert Sports Handicappers.
Welcome! If you are looking for someone to help you win more betting on sports, or you are just looking for an expert who can help you learn more about what it takes to win money consistently, you have come to the right place! We do not just let anyone onto our handicapping roster. Our cappers are either veterans in the industry, or young handicappers who have proven themselves by winning and providing excellent analysis on their recommended wagers.
Below are the documented records for all of our handicappers for the current year. If you visit this page in January, we do include the previous year's results with the current results to give you a fuller picture. The table is sorted by profit, so you can see just who has won $100 per game bettors the most money. All Sports NFL NCAAF NBA NCAAB MLB NHL.


What Is A Handicapper In Regards to Sports Betting and Wagering?
Thanks to the modern language and a constantly updated Webster’s dictionary, there is a word for pretty much anything you can think of. Furthermore, every study, no matter the obscurity has its own word to describe the resident expert. You know, words like paleontologist, botanist, astrologer, just to name a few. In the sports betting world, there are a few words that can be used to describe serious bettors who spend most of their time breaking down bets and looking for advantages that give them the best chance at winning their wager. The word I want to focus on right now is “handicapper”.
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Who Can Become a Handicapper?
The word handicapper can be bestowed upon both amateur and professional bettors since it refers to a person who studies and wagers on sporting events. The reason this word is universal is because both amateur and professional bettors take time -albeit different amounts of time – to look into a game and come up with an educated guess on how the game may play out. The difference between the two levels of handicapper is that a casual bettor will bet on something solely because it’s on national television and having a wager on the game just adds that extra bit of excitement. On the other hand, a pro handicapper may avoid that nationally televised game like the plague due to an inflated number. Pro handicappers like to pick their spots and patience is very high on their list in terms of being successful.
Different Types of Handicappers.
Everyone in this world is different which means everyone will have their own unique method to their madness. The same can be said in the world of handicapping sports and/or horse racing. In sports, we have what we call the generalists and the specialists. Just as it sounds, the generalist typically focuses on whatever sport is offered up for betting at any giving sportsbook. They will be the ones betting on golf and tennis throughout the summer months, while also trying to stay on top of the going-on in baseball. Baseball is a sport that needs constant attention, so spending time on other sports will take away valuable baseball handicapping time. In the fall, there is a legitimate comparison between a generalist and a kid in a candy store - so many options, so little time to find true value and maximize the profit. Fall offers up both college and professional football, with hockey and basketball added in October, capped with the college basketball season from November-March.
On the other hand, the specialist will zone in and focus on a particular sport and live and breathe that knowledge for as long as the season goes. For example, it is pretty easy to follow professional sports as a whole since there is only one league and division play essentially doesn’t alter a team’s form. In the college ranks, there are several leagues and conferences that play a huge factor in determining if a team has a successful season or not. Take college basketball for example. A specialist will typically focus on games involving teams from only one specific conference such as the ACC or Big Ten. By narrowing the focus, the specialist can become intimately in touch with each team, which will allow them to have a better understand on where a team is at physically, mentally and emotionally during the season.
Don’t get me wrong, I am not saying one approach has been proven as more successful over the long run. The only thing that matters at the end of the day is finding the edge – by whichever way possible- to cash your bets.
Different Styles of Handicapping.
Top Handicappers.
Here at Doc’s Sports, we offer our very own handicapping service to bettors of all levels. We offer a service that allows you to spend more time doing what you love to do instead of with your head buried in stats, trends, weather updates and injury reports. Our team is made up of every type of handicapping style and type you can think of, including the ones mentioned above. If you are looking to hone in on one specific sport, we got you covered. If you are looking to get in on the action every day of the week, we also have you covered. Check out Doc’s expert page for the handicapper that best fits your needs.
Doc's Sports is offering $60 worth of handicapper picks absolutely free - no obligation, no sales people - you don't even have to enter credit card information. You can use this $60 credit any way you please for any handicapper and any sport on Doc's Sports Advisory Board list of expert sports handicappers. Click here for more details and take advantage of this free $60 picks credit today .


Sports betting handicapping.
The calendar has flipped to March, which can mean only one thing: betting on the NCAA tournament odds. Over the next two weeks, the final field of 68 teams will be decided which makes it a great time. Read More.
Shake it up down the stretch and play the NHL puckline odds.
The NHL season is heading into March, which means just a little more than month remains in the regular season. If you’ve been betting on the NHL odds all year and want to shake it up as the schedu. Read More.
Spring training has sprung, so it’s time to brush up on betting MLB odds.
Baseball season is back with the start of spring training beginning the countdown to the 2020 MLB schedule. Betting on MLB odds is a long, winding road from April to October with 162 games on the ca. Read More.
February 25, 2020 0.
Break the bank – and your bookie – by betting these NBA back-to-back spots.
The NBA schedule is beginning to take its toll on teams as the league inches toward the All-Star break this weekend. While the league has done a good job spacing out it action, teams do find themsel. Read More.




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п»їStan James Review: Bet ВЈ10, Get A ВЈ20 Free Bet.
Stan James is a leading name within the UK betting market, with over 40 years of experience. Stan James is a trusted brand in the online sports betting market.
They first opened shop in Oxford shire but then relocated to Gibraltar.
Stan James is well known worldwide and attracts customers from around 120 countries. They aim mostly at the UK market, with over 90 shops spread out across the country.
This betting company is a leader when it comes to live betting and online betting markets. Stan James was one of the first bookmakers to provide customer with online betting.
They were able to reach out to wide global audiences and were innovative with their in-play betting technology. This means that they are ahead of the game with betting apps.
Stan James keeps the customer front and center, offering a large variety of betting options. They offer online sports, casino and games with live additions too.
They also make sure to keep up to date with their news feed; blog posts and live betting features/figures.
Stan James Review: A Bookmaker You Can Trust?
Stan James Customer Service.
Stan James has everything you could ask for in an online betting service.
Like any other betting site, you will find complaints and mixed reviews. Stan James has some mixed reviews at times, but when it comes to their customer service you will find close to none.
This can’t be said for some of their competitors.
They handle thousands of calls a day and operate 24/hrs a day.
Stan James has a highly efficient and informative customer service that is one of the most important criteria’s to fill.
Their Mobile App.
Stan James also provides a well-organized mobile betting service. Their mobile app is available for Apple, Android and Blackberry devices.
The mobile app does support live streams and all of the live scoring and statistics. The mobile app also allows bettors to tune into Stan James’ live commentary for horse racing events and greyhound racing.
One of the disadvantages we came across with their mobile app is, that when changing through betting markets the interface takes some getting use to.
Betting Odds Offered.
Stan James has managed to stand out from the sea of online sports bookmakers by offering consistent betting odds.
They offer competing odds to a number of sporting events with a focus on UK and Irish horse racing. Sports like, darts, tennis, snooker, golf and boxing also take center stage.
Stan James differs from other bookies because they shift their attention to unique sport fields when compared to other bookies.
Poker tournaments and prize money are hard to beat at Stan James. They have some of the most famous international tournaments in the world of poker with large prizes of money to be won.
Transaction Processes.
At Stan James, there are no additional costs when you deposit or withdraw. Deposits are issued through a UK debit card are instant, whilst withdrawal of money might take up to 2 days.
The betting company has a number of security precautions set up which will ensure that your bank details are in save keeping.
They accept payments from:
Visa Paypal Skrill Neteller Maestro.
Stan James Sign Up Bonuses.
The Stan James sign up bonus applies when you place a ВЈ20 free bet on a user's first ВЈ10. The promotion is clearly spotted on their website and all you need to do is follow the steps to sign up to the site.
It is usual for bookmakers to offer sign up bonuses and customers expect them too. Stan James compared to bigger names within the betting market offer a good sign up bonus and definitely worth the value of money.
For those existing customers, you can also benefit from promo codes, which are offered each month. Past bonuses have included: 100% bonus of up to ВЈ100 plus 5 free spins. They offer quality bonuses and promotions.
Also, it’s important to note that every Saturday from 11am and noon, Stan James promotes a ‘Happy Hour’. For the duration of the promotion, Stan James offers the best industry price on a chosen UK or Irish horse race.
Stan James Website Functionality.
The Stan James website is simple and easy to navigate for their punters. The website is different to other sites. Some betting sites opt to have a hotchpotch of information thrown at their bettors; this site does the exact opposite.
The homepage maps out an easy to access Stan James’ sports and in-play betting options. For the horse racing enthusiasts out there; it offers live range coverage, results and daily tips.
An interesting feature within the site is the ‘ Tipping Game ’ page. This is where you can view the event selections that punters have tuned into. You can then access those tips and add any of your own to them.
Added Service at Stan James.
Although Stan James can’t compete with brands such as Bet365 , they still offer live streaming to their punters. They offer over 50,000 events per year through live streaming. Providing live streaming on a number of sports.
Another strength at Stan James is In-Play Betting. They offer in-play markets for various sports, such as football, golf and tennis. They also provide access to an ‘In-Play Diary’. This is a clearly outlined schedule of all the events for which live betting is offered.
Who Is This Site For?
This site is for those punters who are looking for a simpler betting site, which is easy to navigate. This is lucrative bookmaker who takes the time and resources to look after their customers.
They offer some of the best customer service around. This site is perfect for those who need more support with their betting.
Stan James Review: Final Rating: 4.8 / 5.
Here at Alpha Sports Betting, we decided to give Stan James a 4.8/5.
This is a secure and reliable betting company that offers an excellent and comprehensive betting experience.
With more than 40 years of experience in the field, they know what bettors need to prosper in their wagers. They are at forefront in online betting market, in-play products and customer service.




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п»їHow to Calculate Odds.
Last Updated: February 1, 2021 References.
wikiHow is a “wiki,” similar to Wikipedia, which means that many of our articles are co-written by multiple authors. To create this article, 33 people, some anonymous, worked to edit and improve it over time.
There are 17 references cited in this article, which can be found at the bottom of the page.
This article has been viewed 725,109 times.
The mathematical concept of odds is related to, yet distinct from the concept of probability. In simplest terms, odds are a way of expressing the relationship between the number of favorable outcomes in a given situation versus the number of unfavorable outcomes. Usually, this is expressed as a ratio (like 1 : 3 or 1/3 ). Calculating odds is central to the strategy of many games of chance, like roulette, horse racing and poker. Whether you're a high-roller or simply a curious newcomer, learning how to calculate odds can make games of chance a more enjoyable (and profitable!) activity.
David Jia Academic Tutor Expert Interview. 14 January 2021. Let's say we bet that we'll roll either a one or a two. In this case, there's two possibilities where we win - if the dice shows a two, we win, and if the dice shows a one, we also win. Thus, there are two favorable outcomes.
David Jia Academic Tutor Expert Interview. 14 January 2021. In the example with the die, if we bet that we'll roll either a one or a two, that means we'll lose if we roll a three, four, five, or six. Since there are four ways that we can lose, that means that there are four unfavorable outcomes. Another way to think of this is as the Number of total outcomes minus the number of favorable outcomes. When rolling a die, there are a total of six possible outcomes - one for each number on the die. In our example, then, we would subtract two (the number of desired outcomes) from six. 6 - 2 = 4 unfavorable outcomes. Similarly, you may subtract the number of unfavorable outcomes from the total number of outcomes to find the number of favorable outcomes.
David Jia Academic Tutor Expert Interview. 14 January 2021. You may choose to represent this ratio as a fraction. In this case, our odds are 2/4 , simplified as 1/2. Note - 1/2 odds don't mean we have a one-half (50%) chance of winning. In fact, we have a one-third chance of winning. Remember when expressing odds that odds are a ratio of favorable outcomes to unfavorable outcomes - not a numerical measurement of how likely we are to win.


Betting Odds Calculator.
The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets.
Top Offers.
American Odds are the default odds at American sportsbooks. These odds are based on winning $100 for a given bet.
Betting a Favorite: The odds for favorites will have a minus (-) sign , and represent the money you need to risk to win $100 .
So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is a slight favorite. You need to risk $140 to win $100 on the Packers. If they win, you profit $100 and get your original $140 back.
The rest of the world uses Decimal Odds , in part because it’s easier to convert them to implied probabilities than American Odds. Decimal odds represent the amount a bettor wins for every $1 wagered . And the number represents the total return , not just the profit like American and fractional odds.
The Packers would be 1.714 in decimal odds as a -140 favorite in American odds. For every $1 risked, you’re profiting 71.4 cents, plus your $1 back.
Fractional Odds are used primarily in the UK and Ireland. Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult.
To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4.
Did you notice those percentages add up to more than 100%? That’s because of the vig, which is a sportsbook’s cut for facilitating your bet. To calculate implied probability, use the following formulas:
For negative numbers (favorites), drop the minus sign, then do:
For positive numbers (underdogs) :
The bet amount is how much you’re risking on a given bet. As a responsible bettor, it is important to understand proper bankroll management.
Sports Betting Odds.
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DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting.
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Political Horse Race – Betting Odds Back Trump on Impeachment.
Cash bettors see a Trump win in impeachment trial, Harris for the 2024 victory, and more.
AAA.
February 1, 2021.
The betting markets are going full throttle in trying to predict the outcome of next week’s impeachment trial. While Democrats race to convict former President Trump, the gamblers are putting their money down on the Senate failing to get the required two-thirds (67) majority vote.
When Senator Rand Paul (R-KY) raised a point of order on the constitutionality of impeaching a president who has already left office, only five Republicans sided with the united Dems, signifying that the effort will not meet the threshold. Following the adage of nothing being certain except death and taxes, it would be unwise to predict the certainty of the outcome. However, gamblers seem confident that there will be no conviction.
How many Senators will vote to convict Trump?
Requiring 67 votes to convict in an evenly split Senate, Democrats hope to pick up 17 disgruntled Republicans. The odds of them achieving this are very slim. According to betting markets, the numbers of votes to convict Trump this time around have the following odds:
50-54 – 5/6 55-59 – 5/4 60-64 – 12/1 65 or more – 16/1 49 or less – 20/1.
For the bettors who prefer a more simple straight line gamble, the odds of the Senate voting to convict are presently 14 to one. The standing on the Senate voting not to convict is just one in 50 – meaning a $100 bet would pull in only $2.
What of 2024?
President Biden is not the favorite to win the election in 2024; as of now, it is unknown whether he would even choose to run again. Taking the top spot is Vice President Kamala Harris, who has a significant lead over former President Trump.
As an interesting aside, three of Trump’s children, Ivanka, Don Jr., and Eric, are all on 18 to one.
Kamala Harris – 7/2 Joe Biden – 5/1 Donald Trump – 10/1 Nikki Haley – 10/1 Pete Buttigieg – 14/1 Mike Pence – 16/1.
Closely tied to betting odds are the numerous approval rating surveys. Rasmussen Reports provides daily polls on the president’s job approval, which to date shows that Joe Biden is averaging 48%. Compared with President Trump during his same period in office, the incumbent is down almost ten points.
Policy Approval?
President Biden may still be in his honeymoon period with the media, but the voters appear to be edging toward frustration. In the last ten days, polling on his raft of executive orders has not been favorable:
More than 50% of likely voters believe that rejoining the Paris Climate Accord will result in higher taxes and serious job losses. By a two to one margin, voters want the migrant caravan stopped at the border. Only 36% of voters think stopping the Keystone XL pipeline project is a good idea. 51% say it is a bad idea.




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п»їVegas nfl betting odds.
(IL) If you or someone you know has a gambling problem, crisis counseling and referral services are available by calling 1-800-GAMBLER (1-800-426-2537).
(IA) If you or someone you know has a gambling problem and wants help, call 1-800-BETS-OFF.
(IN) If you or someone you know has a gambling problem and wants help, call 1-800-9-WITH-IT. Indiana Self-Restriction Program.
(NJ) Bet with your head, not over it! Gambling Problem? Call 1-800-Gambler.
(PA) If you or someone you know has a gambling problem, help is available, call 1-800-Gambler.
(WV) If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.


NFL Las Vegas Odds.
Spread В· Money Line В· 1st Half Page 1 В· Page 2.
Where to Bet: BetMGM BetRivers PointsBet FanDuel DraftKings Fox Bet All.
How to bet NFL Las Vegas Money Line Odds.
If your team wins, you win!
A NFL money line wager means you’re simply picking a side. The betting term Against the Spread (ATS) is not necessary for these types of wagers since the spread is not a factor.
Similar to our Spread and 1st Half Odds, every matchup is listed in order of Rotation and those numbers are preceded by the Date and Time of the NFL game, every matchup is listed in order of Rotation and those numbers are preceded by the Date and Time of the NFL game.
The Rotation for NFL games typically lists them by scheduled starting time as there are normally no more than three games in a day. Home teams are listed at the bottom and will therefore be your even-numbered squad.
How to read NFL Las Vegas Money Line Odds.
That number is set by oddsmakers after the spread is established but changes throughout the week based on the amount of money coming in on bets.
However, going for it all by taking underdogs on the Money Line instead of taking the points turns out to be a tough pill to swallow.
Washington actually led this game, 20-7 at halftime, but was outscored, 25-7 in the second half to lose to Philadelphia , 32-27. If you took the points with Washington, you were a winner. However, if you backed Washington on the Money Line, you walk away with nothing as it lost the game straight-up.


NFL Las Vegas Odds.
Spread В· Money Line В· 1st Half Page 1 В· Page 2.
02/07 6:30 PM 101 Kansas City 102 Tampa Bay -3ВЅ -10 57ВЅu-10 -3 -15 56u-10 -3 -15 56u-10 -3 -10 57ВЅu-43 -3 -20 56u-10 -3 -20 56u-10 -3 -20 56u-10 -3 -15 55ВЅo-13 -3 -15 56u-10 Buy Picks.
Where to Bet: WynnBET FanDuel BetMGM DraftKings Fox Bet Bet365 PointsBet Unibet BetRivers All.
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.
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.
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.
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 Г· 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).
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.


NFL Las Vegas Odds.
Spread В· Money Line В· 1st Half Page 1 В· Page 2.
(IL) If you or someone you know has a gambling problem, crisis counseling and referral services are available by calling 1-800-GAMBLER (1-800-426-2537).
(IA) If you or someone you know has a gambling problem and wants help, call 1-800-BETS-OFF.
(IN) If you or someone you know has a gambling problem and wants help, call 1-800-9-WITH-IT. Indiana Self-Restriction Program.
(NJ) Bet with your head, not over it! Gambling Problem? Call 1-800-Gambler.
(PA) If you or someone you know has a gambling problem, help is available, call 1-800-Gambler.
(WV) If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.




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п»їHow to Read Betting Odds.
If you’re new to the world of sports betting, one of the first things you’ll need to do is figure out how betting odds work. At a quick glance, betting odds can be quite intimidating to first-time bettors, and you may find yourself asking “how do betting odds work?” That’s where Compare.bet can help; we’ve taken it back to the basics to explain betting odds and how they work.
Odds Converter.
What are betting odds?
The first step to understanding betting odds is appreciating what they do. Betting odds simply indicate the likelihood of an event and the return you’d get if you did make a wager on the result. Betting odds may be displayed in three different formats at US sportsbooks and online and mobile sports betting platforms: American odds, fractional odds and decimal odds. Different formats don’t mean different odds; it’s simply a different way of presenting them. This isn’t as complicated as it might sound and, by the time you’ve read our guide to betting odds, you’ll be an expert.
American odds.
Let’s consider a real-world example to understand how American odds work in action:
When it comes to calculating the return from a bet made using American odds there are two different formulas that can be used:
Calculating negative odds: (100/Odds) x Stake = Profit Using the example above: (100/190) x $100 = $52.65 Calculating positive odds: Odds x (Stake/100) = Profit Using the example above: 170 x ($100/100) = $170.
When looking at American odds, it’s important to remember that the results of some matches have a points spread attached to them. This applies to a variety of sports including NBA, NHL, NFL and MLB games.
When a point spread is attached to a set of odds it means that for the bet to be successful the team must ‘cover the spread’. This means that the team you are betting on must win or not lose by a predetermined margin of points.
Fractional odds.
Displaying odds in a fractional format is more common in overseas markets, such as the UK, than at US online sportsbooks, but it’s useful to understand them nonetheless. Fractional odds are some of the most simple to understand, as they present your potential winnings as a fraction of the money you stake: while the denominator represents the amount bet, the numerator is the amount your stake will yield in a winning bet.
For example, odds of 1/1 mean you’d get a return of $20 for a winning $10 bet. Want a real-life example? Making a $10 winning bet on an NBA game priced at 5/1, would net you $60 in total.
You can use the following formula to calculate potential returns with fractional odds:
Decimal odds.
The decimal odds format, also known as European odds, represents the multiple of your stake that you will get back for winning a bet. While these are more common at overseas betting exchanges, you may see these at US betting sites. For example, betting on a market priced at 2.5 means you would win two and a half times your stake if your bet were to win. This means you’d win $2.50 for every $1 you wager.
Another example of decimal odds in action would be betting on NHL game with odds of 9.0. A $10 stake on odds of 9.0 would earn a total payout of $90 with $80 being won from the sportsbook and your initial $10 stake being returned.
You can use the following formula to calculate potential returns with decimal odds:
Calculating total payout: Odds x Stake = total payout e.g. 9.0 x $10 = $90 To calculate profit: (Odds x Stake) – Stake = profit e.g. (9.0 x $10) – $10 =$80.
Comparing different types of odds.
Whichever format odds are written in, they all have an equivalent in another format. While some sites, such as William Hill’s Jersey sportsbook, allow bettors to change odds formats, it is useful to understand how to calculate odds between formats. Not only will this help you understand your potential return, but it also makes it easier to compare betting odds across sportsbooks.
Fractional odds to:
Decimal odds to:
Fractional American (decimal odds-1) and round to nearest integer = fractional odds (decimal – 1) x 100 = American odds (3.75-1=2.75) = 2.75/1 or 11/4 (3.75 – 1) x 100 = 275.
Positive American odds to:
Negative American odds to:
US sports betting markets.
We’ve explained betting odds, but what markets are these set on? As the US sports betting industry continues to grow, so does the selection betting options, or betting markets, at each site. Odds will vary between these markets, and even between the same markets at different sports betting sites. Not quite sure what every US sports betting market means? These are the most popular:
Straight bet.
A straight bet is a single bet on the outcome of a game or sporting event that is determined by a money line or point spread.
A futures wager is a bet placed on the outcome of an event in the future. For instance, you can place a wager on the winners of the NFL season which doesn’t even begin until next year.
A parlay wager is a single bet that is linked with two or more wagers. In order to win a parlay bet, a bettor must win every wager in the parlay. If a bettor loses one wager in the parlay then they will lose the entire parlay bet. Parlay bets tend to have much higher odds than other bet types.
Teaser bets are usually available for basketball and football events. A teaser allows bettors to combine their bets on two different games and adjust the point spreads for the two games. However, the better will see a lower return in the event that their teams win.
Round robin.
A round robin is essentially a series of parlay bets. For instance, a round robin made up of three teams will consist of three two-team parlay bets.
Propositions.
Propositions bets are sometimes referred to as “prop” bets. These bets focus more on the outcome of a certain event happening during a sports game such as “which team will score the first touchdown?” or “how many field goals will team x score?”
It’s up to you to compare betting odds and pick your betting market. If you’re new to sports betting, we’d recommend sticking to ‘safer’ bets with lower odds until you get to grips with how it works exactly.


How to Understand Sports Betting Odds.
We researched and then ranked the best sports betting promo codes, risk-free bets, deposit matches, and other bonus offers from legal online sportsbooks. Check out the best offers here .
As more and more states legalize sports betting in the U.S., inevitably more people will be drawn to sports betting. If you are a novice sports bettor, a sportsbook’s odds board or homepage on a mobile app may look like complete gibberish.
In this article, we will get you caught up on all the basic terminology you need to know. In addition, we will use this terminology to explain how to read what you see on an odds board and how to apply this knowledge towards your wagers.
Example of a Game on an Odds Board.
This is an example of an NFL game between the Dallas Cowboys and Kansas City Chiefs that once appeared on a sportsbook’s odds board. You will notice the following categories of terms: rotation numbers, point spread, over/under, and moneylines. Let’s take a look at each term individually.
Rotation Numbers.
Rotation numbers are commonly used at in-person sportsbooks. These numbers are provided for bettors to easily reference their bets when approaching the cashier.
Suppose a bettor wanted to wager on the Cowboys spread. They would approach the cashier and say “I will take number 403, Cowboys -8 for [whatever the bet amount].” The cashier would then have the proposed bet on a screen for the bettor to look at, along with the possible payout. If the bettor was satisfied with the bet, the bet is finalized once the bettor hands the cashier their money.
Telling a cashier the rotation number of a bet is not absolutely mandatory. One could simply say “I’ll take the Cowboys -8” and the cashier will likely know that the customer is referring to an NFL point spread. However, one cannot assume the cashier is knowledgeable about every sport, so telling the cashier the rotation number makes their job easier.
Point Spreads.
Over/Under.
Over/unders are also referred to as “totals” in the sports betting world. With over/unders, one is not betting on how much one team will win or lose by. Instead, an over/under is a wager on how many points will be scored.
Those who bet on the “over 42.5” think the Cowboys and Chiefs will combine to score more than 42.5 points. Those who bet the “under 42.5” think the two teams will combine to score less than 42.5. Notice how with this particular line, there can be no “push” since there cannot be a half-point scored.
Moneylines.
Similar to point spreads, a moneyline favorite can be identified with a minus sign next to the number while the underdog will have a plus. With a moneyline bet, one is simply betting who will win the game regardless of the margin of victory.
The Cowboys have a moneyline of -400. This fact introduces another important sports term called the “vig.” Those who bet the “Cowboys moneyline” would need to wager $400 to return a profit of $100. That same ratio is applied to all betting amounts, so a $100 bet on the Cowboys moneyline would net a $25 profit.
Vigs are Everywhere.
If the math to figure out how a vig of -110 works is too difficult, the rule of thumb is that sportsbooks take 10% of the winnings of every bet. However, one does not have to be a mathematical expert to be a successful sports gambler. Remember, a cashier at a sportsbook will always show you what you stand to win before you finalize your bet.
Mike Spector is a featured writer at BettingPros. For more from Mike, check out his archive and follow him @MikeSpector01 .


Sports Betting Odds.
Sports Betting Odds Explained.
Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.
American Style Sports Betting Odds.
Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:
American Odds.
The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.
The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.
A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.
Examples:
Examples:
Below is an example of NFL betting odds taken from an online betting site.
The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.
Ready To Start Betting? MyBookie and BetNow are my two favorite sportsbooks and make betting very easy. You will also get a Free Money Bonus at each sportsbook if you follow either link above.
Decimal Style Sports Betting Odds.
Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:
Decimal Odds.
Matchup Odds USA 2.40 Brazil 1.55.
If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.
If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits.
Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.


Sections.
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What do sports betting lines mean?
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If that sounds like you, we’re here to assist you. If you’ve stared at a board at a sportsbook or just seen spreads and moneylines on the Internet and been utterly confused, don’t worry. It’s not just you. Those numbers can be confounding.
But hopefully, once you’re done reading this, you’ll completely understand how they work. As you prepare to dive into the world of sports betting, here’s a breakdown of how the lines work, starting with …
Spreads.
It would be really easy to bet on a game if you could put money on a heavy favorite to win.
That’s where point spreads come in. Let’s look at an example:
In this case, you can bet on either two outcomes: you can put money on the Eagles to win the game by 4.5 points OR MORE, which makes them the favorites. Or you can bet that the Giants will either win or lose by LESS THAN 4.5 points. They’re the underdogs.
Now, sometimes the spread “moves” during the days leading up to the game. Perhaps the Eagles’ spread ends up being -3.5 (in which they must win by 3.5 points or more to give you a victory in your bet). Your bet all depends on whichever spread you bet on, whether it was when the Eagles were favored by 4.5 or 3.5 points.
If you ever see “PK” or “pick” next to a team, it means there’s no spread and you can bet on who will win, no matter what the score is.
Moneylines.
Let’s take that same example above but use moneylines:
The team with a minus symbol is the favorite, and the number is how much money you would need to bet to win $100. In this case, you would have to bet $200 on the Eagles in order to win an additional $100.
Note that you can bet any amount you want, but those numbers are always calculated and posted the same way, either in how much money you would need to wager to win $100 or how much money you could win by wagering $100.
If you’re betting on something like the team who will win the Super Bowl in the future, you might see it look like this:
New England Patriots — 3/1 Baltimore Ravens — 5/1 Kansas City Chiefs — 8/1.
If you were betting on the Patriots and their 3/1 odds, you would win $3 for every $1 you spend. So if you bet $50 on the Pats and they ended up winning the Super Bowl, you’d win $150 (plus your original wager) back.


Sports Betting Explained: What’s A Prop Bet?
With sports betting becoming more popular by the day, Super Bowl 55 is in line to be the event with the largest volume of wagering in history. It should be noted that sports betting is not legal in every state in the U.S. just yet, but with more and more states adding legal wagering to their docket, the level of interest is sky-high.
To that end, we are continuing a series of explainers on sports betting, following up on a general introduction to the space that explains different kinds of wagers, how odds are calculated, and much more. The second installment is timely when considering the Super Bowl as the backdrop, and it centers on the wide world of prop betting.
What is a prop bet, exactly?
The most common wagers on a sporting event are covered in our general intro, and they are directly linked to the outcome/score of the game. Those wagers include point spreads, over/under totals, and money lines but, again, they are focused on the actual result of the contest in a big-picture sense.
Prop bets (or proposition bets) are wagers that are not directly linked to the overall score or outcome. There are many ways to examine this space, but prop bets gained notoriety from the Super Bowl in many cases, with all eyes fixed on a single game and bookmakers looking for creative ways to entice the public into sinking more money into the action. Prop bets are still far less common than standard point spread bets or total bets, but they are gaining steam, especially in the world of offshore betting, and can be a lot of fun.
Standard Game Props.
At this point in 2021, game props are available well beyond the Super Bowl, but they can be quite simple and also a bit more complicated. One type of game prop would be an over/under listing on the longest pass play of the game (over/under 27.5 yards, for example). That means a handicapper could wager on either side of that number for the longest pass play, and the same applies for wagers like shortest touchdown, longest touchdown, total penalty yardage, and more.
That encompasses a great deal of the game prop market, but there are others to consider. For example, a prominent Super Bowl bet is whether the game will go to overtime, with “yes” and “no” offered. These yes/no bets are very easy to track, simply because it is clear whether the event takes place or not. Finally, there are team vs. team wagers that fall under a similar umbrella. Which team will have more rushing yards? Which team will score first? Which team will score last? Which team will kick more field goals? All of these bets could be (or have been) available for any game, with the bettor given the option to choose a side.
Player Props.
This may be oversimplified, but player props basically encompass any wager dictated by the performances of individual players. For example, a popular Super Bowl bet is which player will score the first touchdown, with sportsbooks offering sometimes long odds on various players, with only one able to cash a winning ticket. This could also be applied to basketball with which player scores the first (or last) point of the game, or to baseball with the first/last/most home runs of the night.
Those are broad bets that could pay lofty odds if things break just a certain way, but there are also more common over/under bets. The Super Bowl is, again, a good example here, with the ability to wager on the over/under for passing yards from Tom Brady or Patrick Mahomes. Bookmakers build lines for yards (passing, receiving, rushing, etc.), receptions, completions, carries, touchdowns and much more in the football space, with points, rebounds and assists in basketball and hits, strikeouts, and home runs in baseball. This is a more efficient market in recent years, simply because many smart people are now finding value, but these can also be entertaining and a way to track a “game within the game.”
Exotics.
This is the area where a gigantic game, i.e. the Super Bowl, really shines. One of the more famous examples is a large market on just how long the national anthem will be, from start to finish, before kick-off. Another could be tied to the coin toss, with people able to wager on “heads” versus “tails.” It can even be as weird as tracking what words the announcers say, or what color someone’s shoes are, or whether the Gatorade poured over the winning coach’s head is green, orange, blue, or a different color.
Yes, this is hilarious and often weird. Yes, it can also be delightful, but it certainly trends more to the “entertainment purposes only” genre of sports handicapping.




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