When betting on sports, you need to have an understanding of the various odds and what they mean. One odd that you will come across for almost every match will be the -110 odds. Odds of -110 means that you would need to make a wager of $110 to win $100. Although you do not of course need to wager $100 (it can be more or less), the $100 serves as a nice way to calculate your potential win/payout. The +100 odds mean that if you make a wager of $100, you can win $100.
Most Common Bet Types for the -110 in sports betting
The most common place you will see the -110 odds will be on the Spread and the Totals. You might see it on the Moneyline, but is is unlikely, or at least not very common.
Do all Sportsbooks have the same -110 odds
The -110 represents the betting site’s risk, and each sportsbook will manage their risk slightly differently and they set their own odds. This means that while you might see a spread of -110 on sportsbook A, you might see it as -115 or -105 at other sportsbooks. This is why users often like to compare odds before making a bet. -105 is better than -110 as you just need to wager $105 to win $100.
Can -110 odds change
Yes definitely. The -110 in sports betting can change at any time, but typically changes based on the action in the game. The sportsbooks want to manage their risk and maximize their margin, and so will continually do so. It’s best to keep an eye on the odds ad bet when you feel they work for you.