Betting Odds App

Feb 24, 2021 The best sports betting apps for iPhone-2021. The sports betting app is a simplified version of the website, but still gives you plenty of information to base your bet on, wherever you are, and ranks as one of the best sports odds apps available. ScoresAndOdds mobile app has exclusive Betting Trends to show you where the smart money is going. Internet sportsbooks and betting apps offer the same features. Betting NBA or NFL on your desktop is the same as on your mobile device with the exception of screen size and location. You can bet on college football from anywhere with your phone. These days, you can get all the odds in an instant, and get your bet placed in seconds via the many football betting apps on your Android or iPhone. Of course, there are hundreds to choose from. Some are good, some are bad, and some are indifferent. Sports Insights’ free Sports Betting App features live odds, betting trends, scores, breaking injuries and more. You’ll know which teams the public is betting and which teams the sharp money is on. Our app covers all major U.S. Sports including the NFL, NBA, MLB, NHL, College Football and NCAA Basketball.

  1. Betting Odds Presidential Election
  2. How To Read Betting Odds

Welcome to the Sports Betting Odds section of The Sports Geek. If you are new to sports betting and don’t understand how to read betting odds (+150, -110, +2200, etc) we will lay it all out for you and help you learn how the betting odds work.

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Sports Betting Odds Explained

Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.

American Style Sports Betting Odds

Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:

American Odds

  • Matchup Odds
  • New England Patriots +120
  • Pittsburgh Steelers -140

The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.

The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.

The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.

A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.

Examples:

A listed odd with a + sign in front of it, such as the +120 in our example above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits.

Examples:

Below is an example of NFL betting odds taken from an online betting site.


In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet pays $100).

The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.

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Decimal Style Sports Betting Odds

Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:

Betting Odds App

If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.

Betting

If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits.

Betting Odds Presidential Election

Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.

Estimated Read Time: 4 minutes

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Sports betting success is all about access to the right information at the right time. With online betting sites increasingly offering bettors the option to wager from their mobile phones, it’s only natural that a wide range of complementary sports betting apps have cropped up on the Apple Store and Google Play.

Don’t waste your time on Instagram scamdicappers and other questionable digital betting services. Sports Betting Dime has identified the most useful sports betting apps for everything from bankroll management to line shopping.

Here are the five most interesting and innovative choices for 2020.

1. SharpSide: Best App for Betting Tips & Community Picks

SharpSide is a relatively new app that provides a huge amount of community-driven info and analysis for bettors.

The beauty is in SharpSide’s model for sourcing betting tips and advice – each member’s betting records are public and there’s no way to delete losses or otherwise manipulate the results.

This stands in sharp contrast to some other paid pick services, many of which are notorious for a lack of transparency and selling shoddy info.

SharpSide asks every user to make picks on a huge range of game lines, game props, and player props at their leisure. The app tracks picks and displays results publicly on detailed boards – allowing you to see what other bettors are thinking with an incredible level of detail.

Because everyone’s record is shared publicly, it’s easy to closely follow the bettors with a proven track record handicapping the sports and bet types you’re most interested in.

2. BettingPros: Best App for Sports Betting Line Shopping

Line shopping is the single easiest way to increase your profits when betting on sports. By comparing the odds offered at multiple sportsbooks, you can ensure you’re getting the best possible value for every line to your liking.

The BettingPros sports betting app not only displays valuable data like betting percentages and team trends – it displays the odds for each matchup at a range of online sportsbooks and highlights the most favorable option for every line available on a given matchup.

Thanks to this conveniently intuitive layout, you’ll identify the best value on any pick within seconds of opening the page.

Save yourself the hassle of navigating between various online sportsbooks to compare the odds on your mobile screen – once glance at BettingPros can condense tons of frustrating back and forth into mere seconds.

3. Parlay It!: Best Parlay Calculator & Accumulator

Betting parlays and teasers is a great way to amplify your sports betting profits, but it can be a challenge to accurately calculate potential payouts.

Parlay It! is a simple, stripped-down sports betting app that allows you to estimate payouts for parlays with up to 12 legs/picks included. Odds can be entered in decimal, American, or fractional format and you’ll instantly see the potential profit, return, and percentage return on investment.

Parlay It! also features a ‘dutching calculator’ to help you hedge your bets across multiple sportsbooks.

For a small one-time fee of $1.99, you’ll also gain access to an overround calculator that allows you to see how much the bookmaker is profiting off your selections.

This is an invaluable tool in determining which betting markets are offering the best value when playing multiple lines.

4. Kelly Calculator – Best App for Sports Betting Bankroll Management

There are various systems bettors can use to determine how much should be wagered on a given event.

The Kelly Criterion is one of the best-known and effective methods for identifying value and shoring up your bankroll, and the Kelly Calculator takes cares of the math you need to follow this system.

Simply input the total value of your bankroll, your assumed probability of success, and the odds to see the size of your edge over the sportsbook and the suggested amount you should wager.

If you’re looking for a sports betting app to practice disciplined bankroll management and stick to a system, it’s hard to beat the simplicity and clarity of the Kelly Calculator.

5. Onside Sports – Best App for Tracking Your Sports Bets

Onside Sports provides a range of services for sports bettors, but the app shines brightest with their bet tracking tool.

How To Read Betting Odds

A personalized dashboard contains key metrics of your overall betting performance in great detail, tracking classic indicators like return on investment and win-loss records along with stats such as an adjusted win percentage and associated z-score that provides more relevant feedback on the value of your betting strategy.

The ‘pools’ function also allows you to track bets against your friends and family, while public leaderboards allow you to follow the picks of the best ‘cappers in each sport as you fight for their spot at the top.

Want to Learn More About Betting From Your Mobile Phone?

Online sportsbooks and sports betting media are going to great lengths to deliver an engaging and easily navigable mobile experience. Find the features you need without the fluff – Sports Betting Dime’s odds app is a one-stop-shop for the latest odds, standings, and betting trends.

Check out our guide to sports betting on mobile for a comprehensive overview of how to get more out of betting on the go. The guide is full of site-specific tips for our favorite mobile betting sites.

Pair the apps outlined here with a mobile-optimized online sportsbook, and you’ll have everything you need for a profitable betting experience right in the palm of your hand!