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How to read Super Bowl 56 Odds

The Kansas City Chiefs lost to the Tampa Bay Buccaneers in Super Bowl 55. However, the Chiefs remain the favorites to win Super Bowl 56 at SoFi Stadium in Inglewood, California.

The Chiefs are listed at 6/1 odds (Bet $100 to win $600), while the defending champion Buccaneers are the third-betting choice at 10/1.

In between Kansas City and Tampa Bay are the Green Bay Packers, who are currently at 9/1 odds.

Here is a quick reference on Super Bowl odds for the upcoming 2021 NFL season.

How to read NFL Las Vegas Odds

The point-spread was developed to provide a balance for both teams involved in a contest to entice bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.

The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.

Ex. Favorite -10, Underdog +10

Betting Odds On Nfl Games This Week

On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.

Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $90.91 (10% juice)

It's not uncommon to see other values posted other than -10. Examples seen on the NFL Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.

Betting odds nfl playoffs 2019

The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NFL bets.

Another number that’s posted on the NFL Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.

All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.

NFL Open Line

One of the best features on the NFL Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If you’re betting on the NFL or any other sport, it’s a great idea to view the open line first.

VI Consensus NFL Line

The VegasInsider.com Consensus NFL Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a “Median Line” since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.

How do I bet on the Super Bowl?

We know that you can bet on the Super Bowl and all of NFL Futures or bet on the NFL Draft at any time of the year, but what’s the process? The future wager or the “Odds to Win” bet on the Super Bowl is correctly selecting a team to win an event that takes place at a later time. A bettor will have his wagered money tied up until there is an outcome and bettors will receive fixed odds when they place the wager. In the case of the Super Bowl, you’re not a winner or loser until you see zeros on the clock in the final game.

Most sportsbooks offer different ways to read to Super Bowl Odds. In the fractional NFL Futures Odds format below, you simply take the odds and multiply by the amount wagered.

Ex. Green Bay (8/1) to win the Super Bowl

The Packers are listed as an 8/1 betting choice to win the Super Bowl. If you wager $100 on Green Bay to win the NFC and they capture the championship, then you would win $800 (8 ÷ 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).

The American Format would see Green Bay listed at +800 and for the Decimal Format, the Packers would be 9.00.

If you are in a state where online betting is legal, we encourage you to check out our sportsbook directory to find the most trustworthy and reputable sites and mobile apps to place your Super Bowl bets.

After an unprecedented six opening-round games, the 2020-2021 NFL Playoffs play on with this weekend’s Divisional Round. All four games offer fascinating matchups, including a battle of two of the NFL’s all-time greatest quarterbacks in the Tampa Bay-New Orleans contest.

The Cleveland Browns pulled off the biggest surprise of Super Wild Card weekend, earning a trip to Arrowhead Stadium to face the AFC No. 1 see Kansas City Chiefs.

The Baltimore Ravens-Buffalo Bills tilt produces the closest-matched teams of any Divisional Round matchup, at least as far as the bookmakers are concerned.

Five of the top sportsbooks in the US (DraftKings Sportsbook, FanDuel Sportsbook, BetRivers, PointsBet, BetMGM) offer competitive lines on NFL second-round playoff games. A close look at the lines from each, however, reveals plenty of value to be had for astute line shoppers.

Las Vegas Betting Odds On Nfl Games

Here’s a glance at how five of the top online sportsbooks set the lines on this weekend’s upcoming playoff round:

Baltimore Ravens At Buffalo Bills Odds

DraftKingsFanDuelBetRiversPointsBetBetMGM
Baltimore Ravens+2, -109+2, -110+2, -109+2.5, -115+2.5, -105
Buffalo Bills-2, -112-2, -110-2, -112-2.5, -105-2, -115

Theclosest Divisional Round matchup in the bookmakers’ eyes features the surging Baltimore Ravens against the AFC No. 2 seed Buffalo Bills. Led by potentialMVP candidate Josh Allen, the Bills won a playoff game for the first time in a quarter-century last week, downing Indianapolis 27-24.

To advance to the AFC Championship, the Bills will have to oust a Ravens team led by last year’s NFL MVP, quarterback Lamar Jackson. Baltimore rides a six-game winning streak coming into Saturday night’s date with the Bills.

The Ravens defense held Tennessee running back Derrick Henry in check in their Wild Card round win at the Titans. The BetMGM line on the Ravens (+2.5, -105) offers the best overall value among these five sportsbooks for bettors looking to back Baltimore.

FanDuel Sportsbook’s odds on the favored Bills (-2, -110) offers top value on Buffalo.

Cleveland Browns At Kansas City Chiefs Odds

DraftKingsFanDuelBetRiversPointsBetBetMGM
Cleveland Browns+10, -112+10, -110+10, -112+10, -115+10, -110
Kansas City Chiefs-10, -109-10, -110-10, -109-10, -105-10, -110

Is the double-digit line on the Cleveland-Kansas City matchup disrespectful to the Browns? Cleveland overcame a COVID-19 outbreak that kept head coach Kevin Stefanski and several other coaches and players out of the Browns’ Wild Card round matchup at Pittsburgh.

Despite those complications, Cleveland went on the road to Heinz Field and shocked the Steelers 48-37. The Browns could be back at full strength for Sunday’s Divisional Round game against Kansas City.

The defending Super Bowl champion Chiefs looked like the strongest team in the NFL throughout the season, and that respect shows in the (-10) line offered on Kansas City at all five sportsbooks listed here.

PointsBet (-105) offers the best value on the Chiefs, while FanDuel Sportsbook and BetMGM offer the most bettor-friendly line on the underdog Browns.

Betting Odds On Nfl Games This Week

Los Angeles Rams At Green Bay Packers Odds

DraftKingsFanDuelBetRiversPointsBetBetMGM
Los Angeles Rams+7, -115+7, -118+7, -115+7, -115+7, -110
Green Bay Packers-7, -106-7, -104-7, -106-7, -105-7, -110

TheRams dominated their Wild Card round contest against the Seattle Seahawks, coming away with a 30-20 win in a battle of NFC West rivals. The defense led the way for Los Angeles, which now travels to No. 1 seed Green Bay in the Divisional round.

Los Angeles’ ongoing quarterback issues became further complicated in the first-round win. Backup-turned-starter John Wolford left the game in the first quarter after sustaining a neck injury.

That forced the Rams to plug longtime starter Jared Goff back into the game, with questionable status on the health of his recently surgically-repaired thumb.

Betting Odds On Nfl Games

Those QB issues carry over to Lambeau Field Saturday, with the NFC No. 1 seed Green Bay Packers awaiting. Green Bay enjoyed a bye last week and comes into this weekend with perhaps its most talented roster since winning the Super Bowl in 2010-11.

All five of our top sportsbooks listed here install Green Bay as (-7) favorites. FanDuel Sportsbook (-104) offers the best odds on the Packers, followed by DraftKings Sportsbook and BetRivers (both -106).

Tampa Bay Buccaneers At New Orleans Saints Odds

DraftKingsFanDuelBetRiversPointsBetBetMGM
Tampa Bay Buccaneers+3, -108+3, -102+3, -108+3, -105+3, -105
New Orleans Saints-3, -113-3, -120-3, -113-3, -115-3, -115

The NFL puts a Tom Brady vs. Drew Brees matchup of legendary quarterbacks in the Sunday afternoon slot. This game marks the third time these two NFC South rivals have played this year, with both regular-season games won by the Saints?

Betting lines on nfl playoff games

Can New Orleans make it three in a row on Sunday? The Buccaneers enter the contest on the back of five straight wins, including last week’s 32-13 playoff victory at Washington.

The Buccaneers’ loaded offense goes to the Superdome to try to deny Brees of an NFC Championship appearance in what could be Brees’ final active season.

FanDuel Sportsbook offers the best payout (-102) on the Bucs, while the other four sportsbooks all offer similar odds on the favored Saints (-113 to -115).

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