Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. On the odds page, there is another number associated with the favorite and its listed as -10. The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
The favorite is usually the perceived better team in the game, as backing them means giving up several points. The two squads in a game are listed with a title, either a favorite or an underdog. The point-spread was developed to provide a balance for both teams involved in a contest to attract bettors to potentially back the weaker team and receive points. When you're ready to place a bet on your favorite NBA team, try one of the following sportsbooks:įOX Bet | DraftKings | FanDuel | BetMGM | Caesars | WynnBET | bet365 We've broken down how to read NBA odds as they'd be displayed at a real live Las Vegas sportsbook right here.
Now that legal online sports betting is available in a number of states, you are going to need a primer to make the more informed bets possible.