Online Las Vegas Sports Betting

To learn how to bet on sports, you need to understand what the odds themselves mean. This is simple enough: 

All odds are presented in the American moneyline format. The moneyline is a positive or negative number that you’ll see associated with every bet. A negative moneyline (the “favorite”) shows how much money you must risk to win $100, while a positive moneyline (the “underdog”) shows how much money you’ll win on a $100 bet.

These are ratios, not wagering minimums. Most online sportsbooks will let you make bets of as little as $0.50 to $1.00.

It's easy to understand how odds work, provided you understand the American moneyline as outlined above. Then, there are only a few more things to learn in terms of how betting lines are presented:

Straight Moneyline Bet – This is the simplest and easiest sports bet: Just pick a winner, straight-up. Each team has an associated moneyline, with the favorite having a negative moneyline and the underdog having a positive moneyline.

Spread Bet - With spread betting, the favorite has a negative number (i.e. -7) next to their name, indicating the amount of points they must win by for a “win” bet to pay out. The underdog has that same number presented as a positive (i.e. +7), which here means they can lose by as many as 6 points and still win the wager. Point spreads also have moneylines indicating the bet price (see above), and these are often the same on both sides of a spread bet.

Over/Under Bet – Also called a totals bet, the over/under (or O/U) is a number presented by your sportsbook representing the total points scored between both teams. If the final number is higher, the “over” bet hits, and if the final number is lower, the “under” bet hits. O/U bets pay out according to their attached moneylines.

In Nevada, sportsbooks make about $350 million a year off a handle of roughly $6 billion. That sounds like a lot, but it’s a drop in the bucket compared to Sin City's casino earnings.

Sports betting in NV is mainly offered as a way to get players into the region’s casinos where they’ll play high-margin gambling games like slots, roulette, craps, and other classics.

Of course!

You can bet on the Raiders at any NV sportsbook, as well as all other US or international sports betting sites.

No team is out of bounds!

If you’re a hockey betting fan and want to wager on NHL Knights games, Vegas is the place to do it.

Of course, you can also bet on all NHL teams – and all other pro and college teams – at any international sportsbook online.

Unfortunately not. 

Because the Federal Wire Act of 1961 bans US-based sportsbooks from accepting wagers across state lines, you can only bet at at a domestic sports betting site if you're physically inside the host state for your book of choice. The same is true for all states with legal sports betting.

However, because the best online sportsbooks are located outside the United States, the Wire Act doesn’t apply, and there’s no geo-fencing in play.

When you use the sites we recommend, you can bet anywhere, anytime!

All big brick-and-mortar sportsbooks in NV have giant sports betting lounges with tons of TVs, tableside food and drink service, and more.

Every casino has a unique theme and ambience all its own, so the experience will be different at each one. As such, there’s really no “best” venue to take in the biggest games of the day.

Unfortunately, international online sportsbooks don’t have streaming rights for major sports leagues, but since you can place bets right on your phone, any living room or sports bar will do!

Cashing out your winnings at international betting sites is simple:

Just head over to your site’s Cashier page, select a payout option, enter in the amount of money you wish to withdraw, and submit your request.

Bitcoin and crypto payouts are same-day and come with no added fees, while courier checks, money orders, and bank wires take 3-7 days and have variable (but reasonable) processing charges.

The minimum bet in commercial casinos for sports wagering is usually about $5.00. This isn’t true for all books, and some operators occasionally run promos allowing gamblers to place smaller bets.

Online sportsbooks like those listed here, however, will take bets of $0.50 to $1.00 as a matter of course. For high-volume casual bettors, that’s a much better deal.

In Sin City, there is no set maximum sports bet limit. The area's main draw is the high roller, and high rollers tend to negotiate their big bets with different sportsbooks.

Some casinos will accept sports bets of $5-10 million, while other books will ask you to take your business elsewhere. It’s not uncommon for major gamblers to spread their wagers around several books in order to get the payouts they want.

In comparison, online sportsbooks operating overseas have lower maximum bets that are dependent on the market you’re in. NFL games usually have max bets of $4000 to $6000, while other games might carry maximums of $1000 to $2000.

Online prop bets usually have even smaller maximums, and political wagering and entertainment odds often have limits of $200 to $500.

Each betting line you browse online will indicate its max limit. All that said, if you contact your online sportsbook, you may be able to bet more than the advertised max on select games.