This is why winning 50% of your wagers typically isn’t good enough to turn a profit in sports betting, as you need to factor in the juice as well. However, when dealing with football and basketball point spreads, you most often will see both sides of the line dealing at -110 odds. Odds vary on point spread bets from sport to sport, with lower-scoring sports like baseball and soccer far exceeding a price of -110 to place a wager against the spread. So, in the case of -110 odds, you’d need to bet $110 to win $100, or $11 to win $10.

So what does that mean in practice? Just like with moneyline betting, these odds show how much you’d need to bet to win $100. For every bet you make against the spread, you will have to pay the “juice” associated with that bet – which, in most cases, is -110. This is called the “juice,” or vigorish, and is how sportsbooks are able to turn a profit when offering point spread betting. Here is a list of our partners who offer products that we have affiliate links for.īy now, you might be wondering what the “-110” figure that’s attached to both teams means.

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Explanation of odds in betting