Using an odds calculator can help you quickly figure out what your profit and payout will be, as well as the implied probability lurking under those odds. If you bet $100, your potential payout is $144.44 (i.e. The -225 next to Tennessee means that you’d have to wager $225 to return a $100 profit. In our example, the +185 next to Texas means that a successful bet of $100 will yield a $285 payout (i.e. Negative numbers indicate how much money you need to risk to earn $100 in profit. When looking at American odds, positive numbers indicate how much you will earn in profit when betting $100. These odds are listed in the American odds format, which is the most widely used for football betting among oddsmakers. When you log into your online sportsbook, you see a “line” that looks like this:
Tennessee is having a hell of a year, and Texas recently fired their head coach. Let’s say Tennessee is playing Texas this weekend. the over/under), the number of points scored doesn’t matter. Unlike betting against the spread (which we’ll come to in a moment), the margin of victory doesn’t matter when betting on the moneyline and unlike betting on the game total (a.k.a. You’ll get a bigger payout if you bet on a team that’s perceived to be less likely to win, and a smaller payout if the team is predicted to dominate. To account for differences in talent or other disparities between competitors, each side will have different odds assigned to the likelihood they will win the event. There’s sure to be a ton of this kind of action when Kansas sports betting apps launch in the Sunflower State on September 1, 2022. It’s easy as that.įor example, you might pick the Kansas Jayhawks to be the outright winner in any particular game as part of a moneyline bet. Pick the straight-up winner, and you win the bet. In moneyline betting, you’re asked to predict the winner of a game, plain and simple. Moneyline betting isn’t the most popular way to wager on college football, or football more generally, but it’s a good starting point for new bettors as the least complicated bet type to understand.
Single game bets are the best place to start for beginners, so let’s start by looking at the different types of single-game bets you can make on college football.
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