NFL Odds - Playoff Las Vegas Odds & Betting
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Legal online sports betting is becoming more and more available in the US, and users all over the country are looking for trustworthy platforms to place wagers. We've reviewed some of the top sportsbooks in the country and their exclusive promotions available for new and existing users.
When you're ready to place a bet on your favorite NFL team, try one of the following sportsbooks:
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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 it’s 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.
In Louisiana, pre-launch offers are available now! And in New York, online sports betting is close to becoming a reality. (Retail sports betting is already a full go in both states.)
Another number that’s 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.
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VegasInsider Open & Consensus
The VegasInsider Open and Consensus Lines are listed above and can also be found on Page 2 of the Las Vegas Odds and within the Global Odds feature too.
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 you’re betting on the NFL or any other sport, it’s 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 to read Super Bowl 56 Odds
The Kansas City Chiefs lost to the Tampa Bay Buccaneers in Super Bowl 55. Heading into the playoffs, the Green Bay Packers have the best odds to win Super Bowl 56 at SoFi Stadium in Inglewood, California.
The Packers are listed at +375 odds (Bet $100 to win $375), while the Chiefs are the second betting choice at 4/1.
Here is a quick reference on Super Bowl odds for the 2021 NFL postseason.
Super Bowl 56 Top Contenders
- Green Bay Packers +375
- Kansas City Chiefs +400
- Buffalo Bills +550
- Tampa Bay Buccaneers +550
- Los Angeles Rams +800
- Tennessee Titans +850
- San Francisco 49ers +1000
- Cincinnati Bengals +1200
How do I bet on the Super Bowl?
First of all you can bet on any NFL game by taking advantage of our exclusive BetMGM Bonus Code
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 what’s the process? Here's a step-by-step:
- Head to one of our recommended sportsbooks and create an account.
- Select a given wager to add it to your betslip.
- Hit "Place Bet" or whatever the equivalent is on your preferred betting website or app. This will remove the stake amount from your bankroll.
- Should your bet be a winner, your payout will be based on the odds of your bet, whether a moneyline or a complex multi-team parlay.
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, you’re 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.
Preferred NFL Sportsbooks
Most Popular Betting Odds
Along with providing NFL Las Vegas Odds, VegasInsider is also the leader in betting numbers for the most popular sports that are wagered on in the United States.
Those sports and the betting odds can be found below: