When you see a team -1.5, it means they are favored to win by 1.5 points. 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.
