Live Sports Betting Odds 2020

Our live odds feed page is designed to provide you with a one-stop shop to compare lines from multiple sportsbook operators in legal sports betting states. Let’s take a detailed look at how you can use it to your advantage, as well as other useful information you need to know as you get set to place your bets.

The core feature for this page is a live odds feed for multiple sports. It’s a real-time feed from each of the featured sportsbooks. That means these are the exact same odds you’ll see at the book itself whenever you visit.

Most common bet types

 Last but not least, you’ll find a drop-down menu that will allow you to switch back and forth between the main bet types.

  • Money line
  • Point spreads
  • Totals

These are the most common bet types for team-based North American sports. Odds for each of these wagers can be found at virtually every sportsbook as a result.

Keep in mind that these odds are live and the same as what you’ll find at that online sportsbook. However, remember that if you don’t sign up and bet right away, the odds may not be the same the next time you check back.

Odds can move quickly in the world of sports betting. As such, experienced bettors know to jump on the numbers they find appealing.

When you come across a price that you like on our odds feed, just simply click on the “Bet Now” button that appears when you hover over the odds. Doing so will allow you to quickly take advantage of an opportunity that may not be there for long.

How do sports betting odds work?

While there are a number of different ways to bet on sports, there are three types of wagers that really move the needle and control the conversation in regards to single-game sports betting.

You’ll find odds for each of them right here in real-time. We’re going to walk through each of them with some examples and show you how the odds work. Let’s begin with one of the most straightforward bet types you’ll come across.

Moneyline betting

A moneyline bet is simple and easy to understand. You’re simply choosing which side you think will win the game. That’s it. There are no point spreads or anything else to worry about — just straight winners and losers.

You’ll find moneyline odds for virtually all of the team-based sports. Each game on the docket will have odds attached. In general, the favorite is designated with negative odds, while odds on the underdog are positive.

San Francisco 49ers+120
Kansas City Chiefs+110

A quick glance at the moneyline odds will immediately give you a sense of the expectations surrounding the game.

The smaller the range between the two sets of odds, such as in the example above, the closer the game is expected to be. The larger the difference between odds on the two sides, then the bigger the favorite you are looking at.

Miami Dolphins+180
Baltimore Ravens-200

For games that are close to being a toss-up, it’s possible that both sides will have negative odds, so keep that in mind. In addition to pointing out favorites and underdogs, you can also determine the payouts for successful wagers by looking at the money line. Let’s walk it through with the following example.

Chicago Bears+140
Green Bay Packers-120

The Bears are the underdog in this scenario, as indicated by the positive odds. If a bettor places a $100 wager on the Bears at odds of +140 and the Bears win, the return will be a total of $240: the initial wager plus a profit of $140.

On the Packers side, you can interpret the -120 odds as also telling you the amount you would need to wager to see a $100 return. Said another way, a $120 winning bet on the Packers at odds of -120 would return a total of $220: the initial stake plus a profit of $100.

Check out our complete guide to moneyline betting.

Point spread betting

Point spread bets are incredibly popular and most commonly associated with football and basketball betting. You’ll find these wagering opportunities in other sports as well, but they carry a different designation:

  • Baseball — Runline
  • Hockey — Puck Line
  • Soccer — Goal Line

In all cases, the point spread is essentially an estimated margin of victory. Oddsmakers will set the spread, and bettors are then tasked with factoring it into the equation.

Cleveland Cavaliers+2.5 (-110)
Detroit Pistons-2.5 (-110)

In the example up above, the Pistons are favored by 2.5 points over the Cavaliers, while the number in parentheses indicates the odds attached. To “cover” the spread, the Pistons must win the game by more than 2.5 points.

For the Cavaliers, they cover by losing with a margin less than the spread, or by winning the game outright.

Upon release, the odds are generally the same for both choices. However, they will begin to fluctuate based on market action. For example, here’s what the odds may start to look like if more bets come in on the Pistons side as opposed to on the Cavaliers.

Cleveland Cavaliers+2.5 (-105)
Detroit Pistons-2.5 (-115)

Since more bets have come in on the Pistons, oddsmakers may adjust the odds so that they are more favorable on the other side in a bid to attract more action there.

On standard point spread odds of -110, you can interpret that as meaning that you would need to wager $110 to see a profit of $100 on winning wagers. A $110 winning bet on the Pistons would result in a total return of $210: the initial $110 bet plus a profit of $100.

Get even more additional details with this point spread betting guide.

Totals (over/under) betting

Totals betting, also known as the over/under, revolves around the number of points that will be scored in a game. Oddsmakers set a benchmark when they release odds, and bettors then decide if they like the final number to be over or under that amount.

You’ll find totals offered for all of the major sports. Higher scoring sports such as basketball will have totals in the triple digits.

  • Over 5 (-110)
  • Under 5 (-110)

A lower scoring sport like hockey will have a total less than 10.

  • Over 5 (-110)
  • Under 5 (-110)

Once again, the default odds upon release are typically set at -110, but you may see some variance at different books. As always, you are free to shop around to find the best price.

Our live betting odds feed makes that even easier, as you can view real-time odds from multiple operators at once.

For payouts, the general default odds listing of -110 indicates that you’ll need to wager $110 to see a profit of $100 on correct bets. A $110 winning bet on a hockey game over of 5.5 goals would generate a total return of $210: the stake of your bet plus a profit of $100.

Check out additional information on the ins and outs of totals betting.

How do I calculate the payouts on sports betting odds? 

Betting odds are one of those things that can seem confusing at first glance. However, a little exposure and practice reveals that they’re not all that difficult to understand. The betting odds quickly tell us which side is more likely to win on money line bets. For point spreads, we can gain a sense of the disparity between the two teams on a points basis.

If we check out the totals, then we can determine if the game is expected to be high or low-scoring. We can also figure out what our return would be for successful wagers. Practice makes perfect on this front, so let’s walk through some examples on each type, starting with the money line.

Montreal Canadiens+120
Boston Bruins-140

For the underdog Canadiens, odds of +120 tell us that we would see a profit of $120 on a successful $100 wager. If we drop $100 on the Canadiens and they go on to win, we will see a total return of $220: Our initial bet plus a profit of $120.

On the Bruins side, the negative odds tell us something different. The negative number indicates how much we would need to lay out to see a $100 return on correct bets. If we bet $140 on the Bruins and they win, we get back $240: The initial wager plus a profit of $100.

Next, let’s walk through a payout example on a point spread wager in which the odds are the same on both sides.

New York Knicks+8.5 (-110)
Philadelphia 76ers-8.5 (-110)

In this case, the odds are -110 on both sides. This means that we’ll see the exact same return on successful wagers regardless of which side we wager on. If we take the Knicks plus the points and they cover, we’ll be paid out at odds of -110, and see the same payout

The same holds true if we take the 76ers plus the points and they cover. For both wagers, the odds of -110 tell us that we would need to wager $110 to see a potential profit of $100.

On winning bets, here’s the math: $110 in, $210 out, which equals our initial bet plus a profit of $100.

For our final example, let’s consider a total on a fictitious MLB game. One side of the equation is seeing more action, so the payout will be different depending on which side we choose.

  • Over 5 (-115)
  • Under 5 (-105)

If we like the over, we can determine that we need to bet $115 to see a potential return of $100. For correct bets, the total return would be $215: the $115 initial bet plus a profit of $100.

For the Under, we would need to wager $105 to see a potential profit of $100. If our wager is correct, the total return would be $205: Our stake of $105 plus the profit of $100.

More betting lines and odds

Beyond the big three of sports betting, there are multiple other ways to get in the game. You’ll find a whole host of wagering opportunities available at online sportsbooks outside of the ones included on our live odds feed. Here’s a look at some of the other popular ways to bet on sports.

Futures betting

The active sports betting futures market allows you to place your bets on something that has yet to happen. For example, you can pick the winner of next year’s Super Bowl, or weigh in on which player you think will win the NBA MVP award.

Odds will be listed for those that remain in contention. If you’re looking at the futures market for the World Series winner, you may see something that looks like this.

Los Angeles Dodgers+400
New York Yankees+450
Houston Astros+500

And so on for each of the 30 MLB teams. Once a team is eliminated from contention, it will be removed from the odds board. As bets come in and the season plays out, you will see movement on the odds being offered.

Futures wagers require a long-term perspective. They also make for a fantastic way to get a handle on the overall strength of a team and the perception of that team in the betting market. Determining payouts on futures wagers is pretty simple, as most of the odds will be positive. For example, a $100 bet on a Dodgers team that goes on to win the World Series at odds of +400 means a total return of $500: the $100 stake plus a profit of $400.

In cases where you come across negative futures odds, the number tells you how much you have to wager to see a profit of $100. For example, odds of -130 mean that you need to bet $130 to have a shot at a $100 profit. You can learn more about futures betting by clicking here.

Prop betting

Prop bets are additional wagering opportunities that you’ll find for each game on the schedule. At most online sportsbooks, you can find prop bets by clicking on the “more wagers” link within each of the individual game listings. A prop bet is basically a side wager on something that may happen during the course of a contest. There will generally be props that are specific to both teams and players.

On the team side, you may see opportunities such as:

  • What will be the exact winning margin?
  • How many points will be scored in the second quarter?
  • Will the game go to overtime?

For player props, the opportunities will revolve around individual accomplishments:

  • Player to score first goal in the game.
  • Will Anthony Davis score over/under 23.5 points?
  • Will Tom Brady throw for over/under 269.5 yards?

As a general rule of thumb, the more attention a game is receiving, the more prop betting opportunities you’ll find. For a game such as the Super Bowl, you’ll see hundreds of prop wagers to choose from.

Don’t miss our full guide to prop betting.

Live (in-game) betting

Many moons ago, those who didn’t get their bets in before a game got underway were out of luck. That’s no longer the case, and we have a development known as live betting to thank for that.

Also known as in-game or in-play wagering, these are bets that you can place after a game has already started. The opportunities and odds will be based on what has transpired thus far. It’s a fast-moving market as a whole, but it has proven to be incredibly popular.

Offerings will vary based on the event, but here are some examples of what you might come across:

  • Which MLB team will be the first to three runs in the game?
  • Over/under on goals for the second period in an NHL game
  • Updated money line odds for the winner of an NFL game

The growth of live betting goes hand in hand with the rise of mobile sports wagering. A sports betting app is a must in order to take advantage of opportunities as they develop since the markets move so quickly.

Additional details on live betting can be found here.

Parlay betting

When examining a slate of games, you may come across several opportunities that you feel confident about. In addition to placing an individual wager on each of those contests, you can also tie them all together on a single betting ticket.

If you do that, you’re placing a parlay bet. A parlay bet is a wager that includes two or more outcomes on a single betting slip. They’re quite popular as they offer up the chance for exceptional returns, but they also become riskier with the more choices that are added.

Let’s walk through an example using a slate of NFL games. After you examine the weekly schedule, you find three games that you feel really good about.

  • Patriots over Jets at odds of -155
  • Steelers over Bengals at odds of -165
  • Colts over Texans at odds of +135

You place an individual wager on each of these games. Since you really like the chances on each, you decide to add them all together on a single ticket. When you add them to the same slip, you’ll see the odds for the parlay as a whole.

  • Three-game parlay at odds of -155, -165 and +135 equal total parlay odds of +520
  • For a $100 successful wager, the total return would be $620: the initial stake of $100 plus a profit of $520.

As you can see, there are very handsome returns to be found for correct parlay wagers. However, keep in mind that the risk rises with each additional selection that’s added to the betting ticket.

A complete breakdown of parlay betting and how it works can be found here.

Teaser/pleaser betting

A teaser bet is similar to a parlay bet in that you’re adding multiple outcomes to the same ticket in an attempt to earn even greater returns. However, there’s another wrinkle involved with teasers. A teaser bet allows bettors to tweak point spreads and totals to a level that they are more comfortable with. It’s a bit of an inverse on the risk/return ratio in comparison to parlays: the more you adjust the lines in your favor, the less of a return you’ll see on winning bets.

Let’s look at a simple example using NFL lines. After examining a week’s worth of games, you zero in on two.

  • Chiefs -7 over Raiders
  • Vikings -8 over Lions

While you feel good about the outcome of both, you’d like it better if you could move the line more in your favor. You decide to use a teaser. For the NFL, that generally revolves around key numbers such as 6, 6.5 or 7 points.

You decide that a 6-point teaser does the trick, so you’re now looking at the following lines.

  • Chiefs -1 over Raiders
  • Vikings -2 over Lions

For a two-team 6-point teaser, you should see standard odds of -110. As you add more points and teams, the odds will change, such as:

  • Two-team 6.5-point teaser pays out at -120
  • Two-team 7-point teaser pays out at -130
  • Three-team 6-point teaser pays out at +180

And so on, depending on the number of points and teams involved. Remember: for payouts on negative odds, that’s equivalent to how much you have to bet to see a $100 profit. On positive odds, the number is equal to what you’ll get back on a winning $100 bet.

For additional details, see our complete explanation of how teaser bets work.

Taking advantage of odds boosts 

An odds boost is a promotional offering that you’ll come across from online sportsbooks. As the name indicates, the odds for an event are being boosted. This is a boon for bettors, as the adjustment is being made in their favor.

For example, let’s say that the New York Yankees are a -150 money line favorite over the Baltimore Orioles. One sportsbook decides that this is a great game to offer a promotion on. The book boosts the odds on the Yankees to +100 and makes that a front and center offering for users to take advantage of. 

This is a great opportunity for bettors as the Yankees are pretty big favorites. Thanks to the odds boost, they’ll see a better return on correct wagers if the Yankees win. Here’s the difference.

  • A $100 winning bet at odds of -150 results in a total return of $166.70.
  • A $100 winning bet at odds of +100 results in a return of $200.

Each of our recommended operators offer up a regular amount of promotions. After signing up for an account via our exclusive links, be sure to opt-in for alerts from the operator as it will send out current offerings via email. For more insight into odds boosts and how you can use them to your advantage, click here.

What are Decimal / Fractional / American odds?

The odds we use in our feed are the default listing you’ll find at online sportsbooks in the United States, but there are other formats you may come across in your travels. As such, it’s helpful to understand what they are and how to read them.

Let’s walk through the three main types of odds listings.

Understanding American odds

This is the odds format we use here, and also the default listing in the US. Odds are listed as either positive or negative values, which indicate underdogs and favorites, respectively, on the money line. For spreads and totals, odds on both choices are generally negative, with the exception of the occasional outlier.

Arizona Cardinals+120
Seattle Seahawks-130

Understanding Decimal odds

This odds listing is most commonly found in European sportsbooks. The numbers are listed in decimal form, with the lower value indicating a favorite, while the higher number points to an underdog.

San Antonio Spurs2.1
Los Angeles Lakers1.8

Understanding Fractional odds

Across the pond in the UK and Ireland, odds are listed in fractional form. It’s similar to what you’ll find with horse racing betting. The lower value fraction indicates the favored side in the contest.

Washington Capitals  4/1
Toronto Maple Leafs3/2

FAQ

What are Vegas odds?

The term “Vegas odds” has been a part of the sports betting lexicon for ages. In a nutshell, legal and regulated sports betting in the US was reserved for Las Vegas for decades. As such, those who followed sports betting became accustomed to looking to the Vegas odds as the final word on game lines.

Today, sports betting has been legalized in additional states, and many more will follow. Major operators service each of the legal markets, and they offer up odds that are right in range with what’s found in Vegas. As a result, you can certainly check out what Vegas has to say, but you can rest assured that you’ll find comparable prices in your state.

How do I calculate odds ratio?

Sports betting odds tell us a great deal, including the likelihood of an event happening. It takes a little calculating to figure out the probability from a standard listing, but there are simple formulas you can follow. Here’s an example using the money line:

  • Favorites: Value of Odds/(Value of Odds +100) x 100 = Probability
  • Underdogs: 100/(Value of Odds + 100) x 100 = Probability

For the above formulas, simply plug in the odds value and work through the calculation. Examples: On a favorite with odds of -130, you would use the number 130 without the minus sign. For an underdog with odds of +120, use the number 120 without the plus sign.

Which sport has the best odds?

There is no one sport that has better odds in comparison to the others. As you gain experience and expand your horizons into multiple sports, you’ll find that there are appealing opportunities to be found in all of them.

That said, don’t be shy about shopping around at different sportsbooks to find the most attractive odds. Our live odds feed makes that easy to do, as you can compare lines from multiple operators in real time.

Who sets betting odds?

Sports betting odds are set by the sportsbooks themselves. In general, there is a department that’s responsible for setting the odds that is led by a person who may be known as the oddsmaker. People on the team can be referred to as traders. The end goal is to put together odds that factor in all of the variables surrounding the matchup at hand.

How are betting odds determined?

Sportsbooks are sophisticated operations that have a wealth of data at their disposal. Computer algorithms and members of the team work in tandem to factor in all of the information — such as overall team strength, recent play, any news surrounding the contest — to determine odds and lines that make sense for the game.

In a perfect world, the odds are enticing enough to attract betting action, and also result in balanced action on both sides of the equation.

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