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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
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 its 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.
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 thats 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 youre betting on the NFL or any other sport, its 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 whats 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, youre 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.
The first pit stop for visitors in Las Vegas is usually a casino as this is the city where you can find the world’s best slots and the best casino websites. There are a lot of other cities in the world that try to compete with Vegas, but very few will come close to the ambiance of The Strip.
As all the bells and whistles might get a bit overwhelming most visitors tend to forget (or not even care) about the enormous house edge casinos hold against their visitors. Let’s not forget that a lot of slot machines in Vegas offer paybacks between 75% and 98% — meaning that for every dollar a player spends, he or she will only get between 75 and 98 cents in return. Just to mention: in online casinos this so-called Return To Player (RTP) is usually set somewhere between 93% and 98%, meaning gamblers in Las Vegas stand a lot less chance against the house.
It is even quite rare to find Las Vegas casinos advertising their slot odds to their visitors, which is a major drawback if you ask us. We would, therefore, encourage you to always first check out the RTP of a slot machine before you start playing for real money. As we’re here to help we got you a list of 5 Vegas casinos that actually do tend to pay out a lot more than their competitors. This way you’re fully prepared for your upcoming stay in the Entertainment Capital of the World. Have fun and make sure you earn some good bucks!
The top 5 most paying Vegas casinos
Megabucks
IGT’s Megabucks has continued to pay enormous life-changing jackpots for close to two decades. Their slogan has always remained ‘Dream big. Win big’. They have a network of slot machines that they have linked all around Nevada. Megabucks boasts of a top prize that they build from a $10 million base amount. Players only have to spend $1 for a spin. However, if you are looking to win the top amount, you have to use $3. Although this sounds like an expensive investment, imagine leaving the casino with millions worth of winnings.
Megabucks boast that it paid the biggest slot jackpots in the history of Vegas. One of its lucky winners was Trinidad Torres. She is a 78-year-old from Utah who played $100 and managed to win over $10 million in the jackpot. She plans to use the winnings to travel to the Philippines and get a yellow Mustang.
Mandalay Bay
They have a gaming area with more than 1,700 video poker and slot games. It also features table games such as Baccarat, roulette and blackjack. They have a big 17-screen race and sports book with some of the biggest screens in the city. It also gives a plush VIP booth for extravagant spenders. The casino is known for offering some of the biggest jackpots to players.
Excalibur
More than a decade ago, a 25-year-old software engineer who was a Los Angeles Resident, managed to clinch the city’s biggest jackpot on a slot. He played a $100 on the Megabucks machine. The reward was nearly $40 million for this young man. Is there a better investment than this?
Caesars Palace
This is a classic casino in Las Vegas that is also known for its upscale atmosphere. It is the place where you can find high limit games, including table games such as baccarat and blackjack, and test your luck. Those who fancy poker games can enjoy their 16-table poker room that comes with Wi-Fi and USB ports for charging. You will also find a race and sportsbook that offers numerous games to watch and bet on. This might be the place where you finally get to fulfill your dreams by winning a massive jackpot. A 49-year-old man from Illinois who described himself as a self-employed consultant used a $10 bill into the Megabucks machine and managed to hit a multimillion-dollar jackpot. This was also on his first spin too.
Aria Resort and Casino
This sophisticated and sleek casino has over 150,000 sq feet of gaming space. In it, you will find 145 table games and 1,940 slot machines. If you love gambling, try your luck at craps, baccarat, roulette and Ultimate Texas Hold’em, among others. The casino Aria is popular with poker players. It has a luxurious 24-table room exclusive for poker playing. They offer tournaments twice per day.
One woman was visiting her niece who lives in Las Vegas and decided to visit this casino. She tried her luck on the Megabucks slot machine by dropping $6. When the winning symbols appeared, she thought that the machine had broken down. It was her daughter who clarified things for her. She had won more than $12 million on that jackpot. What is more, four months later, another lucky player managed to win $10 million in another jackpot. Maybe it would be worth booking a room in this hotel and trying your luck in their Megabucks slot machine.
If you are a resident of or visiting Las Vegas, why not pay a visit to any of the above casinos and try your luck. Who knows, you might become the next biggest winner.
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