What does -1.5 Mean?Ī number like this next to a wager is referencing a point spread. The reason you don't get even money (+100) odds when two evenly-matched teams play is because the sportsbooks are building a 10% profit into each standard bet.
The price is often -110 on an event that has a 50/50 outcome, for instance with two evenly-matched teams. This means you'd be risking $110 to win $100, or $11 to win $10. The standard price for a point spread or over/under bet is often -110. One of the most common questions asked when seeing NFL odds for the first time is, ' What does -110 mean?'. Read below to learn the ins and outs of NFL odds and how to approach wagering on American football if you’re a novice sports bettor. After some time, however, NFL odds begin to make a lot more sense. To a new football bettor, NFL odds can look like a foreign language.
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