Georgia sports betting odds

In order to understand what sports betting odds are and how to read them. You will need to understand the terms and names used to describe them. These are pretty straightforward and will be very helpful while wagering on your preferred sports and teams.

Georgia betting lines

GA betting lines are used by sportsbooks to set betting odds for each game determining which team is the favorite and which is the underdog. You use a betting line to see how even (or not even) a match-up is, and it helps you decide where to put your wager.

GA point spreads

A point spread is a number determined by a bookie to differentiate the winning side’s chances vs. the losing side’s chances of winning the game. The spread will usually determine a handicap for the favorite, giving the underdogs an even chance of winning the wager.

Georgia sports betting odds

Sports betting odds are used to determine the most probable outcome of a game by predicting which team has the better chance of winning based on numerous factors and determined by the sportsbook.

There are three forms of sports betting odds. First, you have the American-style odds, decimal odds, and fractional odds. You will most often see the American-style odds on most Georgia sports betting sites but you might also see the other two here and there, so it would be useful to understand them all.

American style odds explained

The American style odds in betting are based on a positive/negative style. A positive number next to a team name indicates the wager amount, how much you stand to win, and shows this team is considered the underdog in this specific game.

Example: [Atlanta Hawks (+145)] Here, you can determine the NBA odds for the Altlanta Hawks and, in this specific game, has them listed as the underdog. For this match, you will wager $100, and if the Hawks win, you will win $145, plus your wager back. ($245 total).

On the other side of the line, you are going to have a negative number that represents the favorite team, how much you will wager, and how much you stand to win.

Example: [Atlanta Falcons (-145)] Here, you can determine the NFL odds for the Atlanta Falcons in this specific game. They are the favorite team (as you can tell by the minus sign before the number).

In this wager, you will have to put $145 down to place your bet, and if this team wins, you will win $100 and your wager. ($245 total). Now that we have broken it down for you let’s take another bet and show you how to break the odds down if you were not wagering $100.

Here you are wagering on Super Bowl odds. The Falcons have been playing exceptionally well throughout the season, and while so have the Bills, their track records in the Super Bowl haven’t been great, making them the underdogs and the Falcons the favorite.

Example of American odds

In the example below, we are going to determine your payout depending on which team you choose to wager on when betting $40.

You have decided to put $40 down on the Falcons, and their odds are -125. So you will need to cross multiple to determine how much you stand to win if the Falcons defeat the Bills.

For negative odds, you follow the formula odds/100 multiplied by your wager/x:

• 125/100 x 40/X =
• 4000= 125x
• X= 32
• So, if you bet $40 on the Falcons and they win, you will win $32 plus your wager giving you $72 total.

Now, for positive odds, the formula changes a bit. Now you cross multiple 100/odds and wager/x

• 100/125 x 40/x
• 5000=100x
• X= 50
• If you were to wager $40 on the Bills and they win, you stand to win $50, and your wager, giving you a total of $90.

Decimal style betting explained

Figuring out decimal-style betting is extremely simple and doesn’t require a lot of math. Unfortunately, this isn’t seen as often but can still be used today, and many sportsbooks offer the ability to change your setting to decimals if you choose to do so.

To figure out the NBA odds in this game, you simply multiple your wager to the odds in the box. For example, if you choose to put $50 down on the Hawks, you could win $112.50. Unlike in the American style odds, the decimal odds already include the return of your wager. This means your total profit for this bet is $62.50.

Fraction style betting explained

Fraction-style betting is one of the first ways bookies would list bets and can still be seen today all over the world. They are simply a fraction of the amount you could win on top of the amount you bet.

[Atlanta Hawks 8/1]

In this wager, you would win $8 for every $1 you bet. For example, if you wager $10, you will win $80. It is very easy to understand, but you probably won’t see these types of odds on any of the sports bets you place.

There are many ways you can wager on sports, teams, and players, and with the right odds, you can make some pretty good money doing so. Here are some of the best Georgia sportsbooks available on the market today.

In-play betting odds

With an in-play wager, you are going to be tasked with quickly deciding if the odds of the bet are fair and if it is worth playing. Unfortunately, these games pop up during a live game and can be a little hard to determine correctly.

However, these bets can also be beneficial to those who are keeping track of the game, stats, and players closely, giving them a big step ahead for these last min wagers.

Prop bets

Odds on prop bets are not always easy to determine and can sometimes be specifically based on the “educated guess” of a sportsbook, especially if the prop is how many times the mascot will give out prizes or which player is going to get into the first fight.

These bets are not a sure thing, but they can be fun.

Futures bets

Futures bets can be a little tricky because the lines and odds can change as the date of the event approaches. However, being able to wager on an upcoming game well before it is scheduled to take place is a good way to lock in a bet and win some big cash prizes.

Totals

Totals bets, also known as over/under betting, is when you wager on whether the bookie’s determination on the total points to be scored in the game is over or under the actual score. These odds can be pretty straightforward to figure out simply by comparing stats and performances by both teams and what their scores looked like in recent games.

Before reading sports betting odds, you need a sportsbook to place bets with. Here are a few great options that offer plenty of reasons why they are a good choice for sportsbook betting in Georgia.

Draftkings Georgia odds

Draftkings has been a well-known and trusted sportsbook for many years. They provide frequent promotions and bonuses to their customers and offer an amazing sign-on bonus to anyone looking for a new sportsbook site.

Fanduel GA odds

Fanduel provides a user-friendly sports betting site and app. The customer service is easy to access, and the staff is helpful, knowledgeable, and kind. Fanduel offers a variety of sports to bet on and tons of daily bets to choose from.

BetMGM odds in Georgia

BetMGM has made a great name for themselves throughout the years, known for being reputable, professional, and more than fair. They provide customers with tons of promotions daily and great prizes and bonuses frequently.

Caesars sportsbook odds in GA

Caesars sportsbook is a unique and easy-to-navigate sportsbook page. They provide their customers with an array of sports betting markets daily and offer great live betting and prop betting options frequently.

There are many factors involved in determining the odds for each team when wagering on sports bets. First and foremost is the stats on each team and individual players. This is one of the ways bookies will determine their lines when making their bets.

Team and player stats are how the books will determine who is the favorite and who is the underdog. If you do your own research into each team, you can easily determine which one stands the best chance of winning any given match-up.

Understanding team stats is only one of the many tactics to placing good bets. Here are a few others we think are extremely important when sports betting.

Understand the talk

Above, we discussed some sports betting words like point-spread, betting odds, and betting lines. These are only a few of the examples of “sports bet language.” It would be a great idea to log onto a sportsbook site and familiarize yourself with the “lingo” used frequently.

Never wager unless you are sure

Never trust your gut on a bet. Only wager money on a sure thing, or at least what you believe is a sure thing. Then, use your head and your knowledge of the teams and the bet itself to come up with a good betting strategy. If you can’t do that, you should wait for the next bet.

Bet underdog

The favorite team is the popular vote, which gives a lot of wiggle room for you to wager and win on the underdog in a close match-up. Use your knowledge of stats and try to determine if the odds are close enough that the underdogs stand a chance of winning. If so, go for it. The outcome could be a large payout to your account.