Each individual sportsbook sets these lines, and they can change them however they seem fit. You might also notice that some sportsbooks will be offering betting lines at -105 or -115 as opposed to -110. A moneyline bet is one of the most common betting options, and it is unlikely that you will ever see -110 for that type of bet. The standard betting line is -110 for most betting types, but you won’t see that everywhere, as mentioned. By offering odds at -110, you are assuming some risk, and you aren’t going to get all of your money back if you can win a bit. Worth noting is that sportsbooks are always looking to make money, and sports betting is a form of gambling. Making a $100 wager at +100 odds means that you could win $100 on that bet. Other betting types don’t use the -110 at all, but it’s imperative for any bettor to know what it means.Ī +100 odds line, on the other hand, means that you have the opportunity to win the same amount that you are wagering. Odds set at -110 are very common for spread bets, total bets, and some moneyline action, depending on the sport.
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