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Online sports betting apps are popping up all across the US. Almost two dozen states already have sports betting in some format, and more are on the way. State legislatures are beginning to grasp the large opportunity presented by sports as eager bettors await regulation in their home states.
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As a result, the US is becoming a hotbed for sports betting, and many of the states that have sportsbooks allow betting online. This means bettors can place wagers online via desktop or mobile devices, making sports betting easier than ever.
Plus, playing at legal, licensed, and regulated sportsbooks keeps you safe as a player. Luckily, there’s a wide variety of options to choose from.
Simply put, sports betting is weaving its way into many corners of the US. Below we have created exclusive sports betting tools and calculators to help you bet better!
What Types Of Sports Betting Tools & Calculators Are There?
| Sports Betting Tools | What It Does |
|---|---|
| Super Bowl Squares | Online super bowl squares with friends (no accounts needed) |
| Moneyline | The most straightforward calculator of them all. Simply enter your odds and the wager, and see the potential win. |
| Arbitrage | Determine if betting on two different sides on the same match on two different sportsbooks will move the odds to give you a guaranteed profit. |
| Martingale | This will determine how much you’ll need to wager to recoup losses. |
| Odds Converter | An automated way to convert a form of odds into a different form. For example, American odds to decimal or fractional odds. |
| Spread | Compare spreads at different sportsbooks to determine the better bet. |
| Futures | Determine implied probability based on all futures odds for a given sport. |
| Kelly Criterion | Calculate how much of your bankroll you should be based on the probability of winning an outcome. |
| ROI Calculator | Calculate the projected gains from a bet versus the total cost of the bet to determine your potential return on investment (ROI). |
| 3 Way Fair Odds No Vig | For events where a tie is possible (like soccer), three way fair odds calculator eliminates the vig and presents the odds as a percentage (implied probability) to better clarify the three options. |
| Fair Odds | This one also strips out the vig from the odds, but designed for two possible results: win or lose. |
| Implied Probability | Implied probability is simply the American odds presented as a percentage rather than plus (+) and minus (-) lines. |
| Parlay | Before you place a parlay bet, use the parlay calculator to ensure you’re taking a higher risk for a worthwhile win potential. |
How To Use An Odds Calculator
Odds calculators help you determine what your payout would be if you were to make a specific bet. You can plug in your desired bet amount and the odds a sportsbook gives you, then the calculator will tell you what you’d win if the bet hit.
Odds calculators are particularly useful if you’re trying to decide between a number of sportsbooks for a specific bet. Different sportsbooks offer different odds, so you can maximize your potential payout if you search for the best odds and use a calculator to help you decide your best path.
We have a number of odds calculators on our site for various types of bets, including moneyline, parlay, and futures calculators.
Moneyline Odds Calculator
Because moneyline bets are on a single team to win, it’s the easiest calculator to use. Here’s how:
- Type your desired bet amount (in USD) into the proper field.
- Type the odds as the sportsbook lists them.
- The calculator will autofill the rest of the fields and show you how much the bet would pay if you were to win.
Parlay Odds Calculator
If you’re a fan of parlay bets (which combine multiple wagers into one), you can use a parlay-specific calculator. Here’s how:
- Plug in your desired bet amount in USD in the proper field.
- Enter the odds for each individual leg of the parlay into the moneyline fields. Note that they don’t have to be moneyline bets; just pull the odds from whichever bets you intend to use as part of the parlay.
- Click “calculate” for your combined parlay odds and potential payout.
Check out some of our other odds calculators:
How Sports Betting Odds Are Calculated
If you’re new to sports betting, chances are you’ve been confused by how odds work. They can be complex to understand for a newcomer, but once you understand the basics, you’ll be betting like a pro.
The first thing to know is that odds are typically calculated based on how many people are betting on a certain outcome. So if the Kansas City Chiefs are favored by many bettors to win over the New York Giants, the Chief’s odds to win will increase as bettors place wagers on that outcome.
Other factors can come into play, such as team record, past performance, injured players, etc., but bets placed are the biggest determining factor in most cases.
How To Read Odds And Determine Payouts
Sportsbooks display odds as a positive and negative numbers, and those odds tell you how much you’ll win if your bet hits. Here’s a scenario to help you understand how they work.
- Chicago Bears +200
- Tennessee Titans -230
This setup is showing a moneyline bet, which means those are the odds for either team to win outright. Whenever you see a negative number (in this case -230), that means that team is favored to win the match and a bet of $230 would win you $100. The positive number (+200) shows which team is the underdog and tells you how much you would win if you placed a $100 bet.
How Can I Bet On Sports In The US
Placing a bet is easy at legal sportsbooks. You just have to go through a few steps before you’re all set to wager.
Choose A Sportsbook And Create An Account
You can access most sportsbooks via desktop, Android, and iOS devices. If you’re using an Android device, head to your preferred sportsbook’s website to get the app. Google doesn’t allow sportsbooks in its Play Store marketplace, but you can download the app directly from the provider’s website.
Once you have the app or have visited the website, you can create your account. It’s a similar process to creating an online banking or social media account. Have your personal information including your SSN ready and the rest will be straightforward. Onscreen prompts will guide you through the process.
If you’re signing up on a mobile device, that’s it! If you’re on desktop, you may also have to download a geolocation plug-in. This is required to confirm that you are betting from a legal state.
Deposit Funds
Pick your favorite deposit method (so long as it’s available at your sportsbook) and add funds to your account. PayPal, credit/debit cards, and online banking are available at most sportsbooks.
When you deposit, also check for bonus offers. They can boost your account value and give you extra money to bet with.
Place A Bet
Now, you’re ready to place a bet! Peruse the available odds and find the bets you might want to place. This is the perfect time to use an odds calculator, especially if you’re using multiple sportsbooks to shop for the best lines.
After you’ve calculated your odds and figured out which bets you’d like to place, make your wager.
Withdraw Your Winnings
If you’re lucky enough to win a few bets, you can withdraw your winnings. PayPal, online banking, ACH e-check, and check by mail are common withdrawal methods, though some sportsbooks offer separate options.
What Sports Can You Bet On In The US?
The nature of legal online sports betting in the US creates a unique landscape in each individual state. Every state can regulate sports betting with their own legislation, meaning some sports that are available for betting in one state may not be available in another.
Professional Sports
Pro sports are fair game pretty much across the board in legal sports betting markets. You can bet on any of the most popular leagues without issue:
- NFL
- MLB
- NBA
- NHL
- PGA
- MLS
- NWLS
- WNBA
- NASCAR
- UFC
Plus many others.
College Sports
NCAA sports are somewhat of a mixed bag. They’re usually available to bet on, but some states put specific restrictions on them.
In Illinois and New Jersey, for example, you can only bet on college match-ups that don’t include a school from the state you’re betting in. So Illinois fans can’t place wagers on games including Northwestern or the University of Illinois, while New Jersey bettors can’t wager on Rutgers or Princeton match-ups.
International Sports
Globally popular sports like soccer, rugby, and cricket are available for betting in most legal markets with few restrictions.
Esports
Esports betting runs the gamut from completely legal to prohibited to left out of legislation completely. Before you place an esports bet, make sure you check that it’s legal in your state.
Non-Sporting Events
Elections and awards shows are among the most popular non-sporting events on betting platforms. Not every state allows betting on them, though. It varies by state, so check your local laws or betting sites for more information.
Legal Online Sportsbook Apps In The US: Common Questions
Not everywhere. In 2018, the Supreme Court struck down the Professional and Amateur Sports Protection Act. Rather than legalizing sports betting across the board, it put the issue in individual states’ hands.
Many states have legalized online sports betting, and more are working on legislation to do so. While it’s not legal everywhere, sports betting is swiftly making its way to more US markets beyond the two dozen that already allow it.
You can find sports betting odds by visiting the sportsbook website of your choice. They will usually display their odds without requiring you to log in or create an account.
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Online resources also exist that compare and contrast the odds at top sports betting platforms. Sports news sites, including CBS Sports and NBC Sports, will often list the lines as well.
Using an online odds calculator or by calculating the odds manually. Gaming Today has several odds calculators to choose from.
How to read sports betting odds depends on how the odds are displayed. Decimal, fractional, and American odds all require different math for calculation. However, each are relatively easy to understand.
DraftKings, FanDuel, and BetRivers have the consistently best odds out of all the online sportsbooks in the US market. However, that isn’t always true. In many cases, other sportsbooks will have better odds. The most successful sports bettors compare and contrast different options before placing a bet for that very reason.
Range of factors. Sports betting odds are calculated based on a variety of things including injuries and trades, current team form, the weather, and beyond. How players are betting also determines the odds, which is one of the reasons why you’ll see significantly different odds at one sportsbook versus another.
An odds calculator helps sports bettors determine their betting strategy. The most basic is a moneyline odds calculator that tells you how much you’ll win based on your bet and the odds. However, different odds calculators have different purposes, such as comparing futures, identifying arbitrage, and more.
You should use an odds calculator when you want to save time or for when the math is too complex to perform manually. It’s never a bad idea to use an odds calculator, and they can ensure that no mistakes are made in your calculations, eliminating all chances of human error.
DraftKings Sportsbook. The sports betting website and app that consistently offers the best odds is DraftKings Sportsbook. It also offers a range of betting options, a deep sports selection, and impressive promotions. You can also seamlessly switch between the sportsbook, daily fantasy sports, and casino games (where legal). The DraftKings Sportsbook app is available for iOS and Android.
Our current sports betting odds comparison for your bets
So that you can profit from the best odds of the most appropriate providers, we always offer you a current selection which is up-to-date. Furthermore, we do not only cover all types of sports, but also the different leagues and their events, as well as top matches. For this reason, we update our overview constantly for you, so that you cannot miss any of the best odds that are most important. Incidentally we know all about making an independent test of betting providers, which you can also keep track of in our comparison of betting providers. Whether known bookmakers with a giant clientele or serious newcomers – we subject all of them to the same comparisons and tests and rate them according to established quality features. That way you can use a particularly extensive best odds selection of betting providers, whose quality features are quite impressive.
Which advantages do you get from our betting odds comparison
With our sports betting odds comparison you can profit from plenty of advantages. That way you do not only save a lot of time while searching for the best odds, because you do not have to rummage through the multitude of providers and their bets, but you also save a lot of trouble and work. Instead you can invest your time immediately in betting in order to multiply your betting balance and follow your betting strategy. A further asset of our odds overview is that you only set your eyes on serious providers and therefore you do not have to risk being seduced by loss leaders. In addition, our betting odds overview is so versatile, that you receive current data for every sport, event and match and you can thus decide on all the bets which you can profit the most from. Naturally, you can also see the reviews of other users in order to get a really independent idea of every bookmaker – this way you really only sign up where your needs are met.
Therefore you only have to muster as little investment as possible and in return you can benefit maximally of our betting odds comparison – because you save time, efforts and can invest both of those in your betting career instead. As you can see, it is then worth it to have a look at our sports betting odds ranking.
How is our odds comparison structured
We have put much effort into offering you a manageable sports betting odds comparison, whose odds search is easy to handle and use. This way you can choose all of your sports and within those the best odds in the shortest time possible, without having to rummage through the Internet. Nevertheless, our comparison and the odds search should deliver all of the important information that could help you when placing bets. How does our sports betting odds comparison function then?
- First of all, you choose a sport which you wish to bet on. Hereby, our sports betting selection ranges from football odds to tennis results up to ice hockey, basketball and much more. Thus you always get the odds for the sport which you wish for.
- The next step is to choose the respective country in our odds search, where the bet should be displayed. For example, if you want to bet on outcomes in the 1st German National League, you must choose Germany as country in order to logically do so. For odds of the British Premier League, you should select Great Britain, for the Italian A Series scores then Italy. As you can see, the selection process is quite simple here.
- Now the corresponding matches and scores of your selection are listed, for which different bookmakers are offering bets. Here you select the corresponding outcome.
- After you have chosen the outcome, our odds comparison for the match appears – thus you get an overview of the current betting odds of the bookmaker for the selected event. There are ordered in such a way that the most attractive odds appear at the top of the search results – this way you can decide even faster.
Best Online Sports Betting Book
What you should also know about our odds finder
Sports Odds Odds Shark - Betting Sites – Sports Betting ...
Of course our odds finder and sports betting odds comparison is completely free for you to use, so that you can inform yourself extensively before placing your next bets and use its advantages. Therefore we also recommend that you use our odds comparison before every new bet, especially when you want to able to savour high profits with your winnings. Our listed bookmakers have passed all quality criteria, so that you do not have to worry about safety when betting and comparing anymore. Why then waste time comparing the multitude of bookmakers and their offers?
Betting on football events
For the majority of bookmakers, the selection of football bets is particularly diversified and extensively structured – you find bets not only for every match, but also numerous, different bets for the event itself. This is no wonder because the undisputed, most popular sport with sports betting customers is football. Since the broad selection of bets can be so unclear and overwhelming, our odds finder is the ideal remedy here. The selection is filtered for you and you get the best odds for top matches at a glance. By the way, even better search results can be obtained when you also enter the corresponding team you wish to bet on in the search field. This saves you even more time in the end.
Tennis bets
If you wish to bet on tennis matches, you do not only need a good strategy and the necessary background knowledge for this, but also our sports betting odds comparison. Because with it you can filter according to Australian Open matches, US Open matches and Wimbledon and find the bets that suit you. Discover the bookmaker with the best odds for your betting success.
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Ice hockey in our odds comparison
Ice hockey bets are much more popular in Canada and the USA – but still these are also gaining more and more interest in England. Therefore we also offer you enough ice hockey events in our odds finder, whose best odds you can profit from in order to support your thrill – because let us be honest, ice hockey matches are practically unpredictable and linked with a lot of action.
Horse races in odds comparison
Horse races originally come from Great Britain and today they are considered as port of call for all ambitious bettors. Nowadays horse races are very sought-after and renowned worldwide, even though the odds can sharply vary and the tournament results can never be predicted exactly. Precisely for this reason, it is important to look for the best odds available on the market with a sports betting odds comparison.
Champions League Tournaments
The Champions League represents one of the most important events in the football world and takes place within Europe. In an exciting way, it often presents itself that teams score completely different results than usual – which is why some bets also prove to be particularly promising with regards to winnings.
The Europa League
The Europa League as well is seen as an important tournament in the football world and is used gladly for placing bets. Therefore, you should also count on our odds finder, which can show you the best odds clearly.
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Premier League, English Football League and the Football League Cup (EFL Cup)
While the Premier League represents the highest division and is gladly bet on, this is not always the case of the English Football League. However, since matches can become interesting and scores can often be predicted with the right intuition and some expert knowledge, it is particularly worth it here to use the best odds of the bookmakers. Since odds for matches for the EFL Cup vary strongly, you should not refrain from betting on the best odds for these events.
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The Football World Cup
Every four years the football World Cup does not only attract a lot of viewers worldwide, but also incites bettors to place bets on matches. In this case you can also profit from our betting odds comparison which delivers you the best odds for the desired match of the national team.
Our offer for you: Best Betting Odds
We do not just offer you an easy-to-use odds finder, but also extensive information on the renowned bookmakers of the sports betting scene. Whether registered, with many customers or particularly good offers – we point out to you the experience and quality features of serious betting providers, who were able to satisfy our comparison requirements. We also inform you about bonuses of the corresponding betting providers and make comparisons so that you do not fall for bait offers. We show you where the bonus of the provider is most worthwhile and where you need not fulfil complicated conditions.
If you are rather looking for a useful betting strategy for your betting success, you can also find those here – we suggest some sophisticated methods to you, which you can use to fill up your betting account in the long term. Incidentally, you can educate yourself further with abundant information about sports betting topics and become a sports betting expert yourself.