Best Online Sportsbooks With High Betting Odds
There are many different aspects to consider when it comes to gambling on sports. However, few aspects are more important than finding the best sports odds and betting lines.
The quality of bookmakers’ odds can often mean the difference between landing a tasty profit and losing money. Accordingly, you should always shop around online to compare prices and find the best possible odds for every single wager you place.
Lucky for you, we have already found and ranked the top online sportsbooks with high odds and unbeatable lines.
We have scoured the internet to track down the betting sites with the highest odds. Having evaluated dozens of online sportsbooks, we’re fully confident that our recommendations are the best in the business.
It is important to remember that you can win more wagers than you lose and still come away with less money than you started with. Conversely, you can lose more wagers than you win and still make a profit. It’s all about finding value in sports betting odds and making smart decisions.
If you want to learn how to find the best odds and lines, maximize your returns via bonuses and promotions, and explore the nature of gambling odds and lines as a whole, we suggest you keep reading
Betting Sites With the Best Sports Odds and Lines
What better way to start than by examining the top betting sites with the highest sports odds? These sites offer real money betting with great returns, in addition to excellent lines, generous promotions, fast payments, and a wide variety of sports and leagues to wager on.
All of our recommended sites meet our basic criteria, like having an updated gambling license and convenient banking methods. Most importantly, they have a wide variety of betting markets with competitive odds. On top of that, each site has its own specialties and features that make them stand out from the crowd. Here are a few examples.
BetUS – Excellent Odds and Rewarding Promotions
- Established: 1994
- Welcome Offer: 100% of up to $2,500
- US Players Accepted: Yes
- Crypto: Yes
With almost three decades of experience, BetUS is one of the most trusted and reputable sportsbooks on the internet. BetUS has been dishing up competitive sports betting odds since 1994 and knows how to treat its customers. The site is particularly good at posting early lines for major sporting events like the Super Bowl and March Madness.
In addition to the sportsbook’s excellent odds, BetUS is perhaps best known for its incredible bonuses. Not only can you take advantage of a hugely generous welcome offer, but you can also make use of multiple ongoing promotions.
Bonuses and promotions are vitally important when it comes to betting on sports online. Of course, we all want the best odds and betting lines. But welcome offers and other deals can take your online gambling experience to the next level.
Bodog – Top Live Betting and Cashout Options
- Established: 1994
- Welcome Offer: 100% of up to $400
- US Players Accepted: No
- Crypto: Yes
Like BetUS, Bodog has been around for almost 30 years. As a result, Bodog has cemented its status among the best betting sites for wide-ranging sports betting lines and great odds.
It is also worth noting that Bodog offers a ton of live betting options with up-to-the-minute odds. You can place in-play wagers on a variety of sports, leagues, and events. Plus, you can use the cashout function to settle your bets before the final result. Live betting odds are extremely competitive, so you can get a lot of value if you know what you’re doing, especially if you use the cashout option.
Sadly, Bodog is only available to Canadians. But there is no denying that Bodog is one of the best online sportsbooks with high odds. Bettors around the world can enjoy similar experiences on many of Bodog’s sister sites, including Bovada.
20Bet – Generous Betting Limits for High Rollers
- Established: 2020
- Welcome Offer: 50% of up to €100
- US Players Accepted: No
- Crypto: Yes
Every sports bettor is different. Some punters have a limited bankroll and only place small bets, while others are able to deposit and wager thousands at a time. 20Bet is a great option for all bettors, but it’s especially good for high rollers.
20Bet allows you to choose from more than 25 banking methods, some of which have a deposit limit of €150,000. Furthermore, 20Bet has notably high betting limits and also allows you to win €600,000 from a single bet. When you’re betting with stakes that high, getting the best odds is more important than ever. Thankfully, 20Bet has plenty of wagers with highly competitive odds that promise the best value for your money.
Despite still being a relative newcomer to the online gambling industry, 20Bet is already one of the leading betting sites out there. If you want to get a piece of the action, be sure to follow the link below.
Betway – Safe Bookmaker with High Sports Odds
- Established: 2006
- Welcome Offer: 100% of up to $50
- US Players Accepted: No
- Crypto: No
Betway is one of the most secure and safest sportsbooks on the internet. Licensed and regulated by the United Kingdom Gambling Commission AND the Malta Gambling Authority, Betway is among the most trustworthy sports betting sites.
Since Betway is renowned for being 100% legal and legit, you can rest assured that the sportsbook’s odds and lines are always top-level. The Europe-based site always has a vast range of sports and odds available, meaning you can access plenty of lines across multiple events.
Betway also offers odds boosts and early cashouts for select sports wagers. It’s no wonder that over 70% of TrustPilot’s ratings for Betway are either excellent or great!
Bovada – The Best Sportsbook for Mobile Betting
- Established: 2011
- Welcome Offer: 50% of up to $250
- US Players Accepted: Yes
- Crypto: Yes
Bovada is among the top-rated online sportsbooks for many reasons. In addition to the site’s outstanding sports odds, you can take advantage of numerous other perks – including cryptocurrency transactions.
That said, Bovada is perhaps most famous for its mobile betting options. The mobile-optimized website enables you to wager on sports via your portable device, with countless opportunities for Android, iOS, and Windows users. You can even take advantage of the site’s exciting bet builder feature straight from your phone or tablet.
Bovada also boasts a wide array of betting lines for all the popular US sports, such as the NFL, NBA, MLB, NHL, and even the different NCAA divisions. When it comes to betting on the playoffs, you can be certain that Bovada will have an unrivalled range of postseason markets.
How to Get the Best Online Sports Betting Odds
Most people want to know what betting site has the best odds, and that is a good starting point in the pursuit of the highest returns possible. The problem is that the top price for every outcome is never available at the same sportsbook. For example, one site might have the best odds for the outright winner of the Super Bowl, but a different site will have better odds for Super Bowl prop bets.
There’s simply no such thing as the best betting site with the highest odds for all sports and leagues. That’s why all experienced gamblers have multiple accounts and scan through them to find the betting site with the highest odds for the market they want to target.
That might sound annoying, but it is the only way to consistently get the best bookmakers’ odds and make more money. Most people would ignore the small margins, but just take a look at the difference between 100 winning wagers of $10 each on prices of +100 and +105.
- $10 * 100 * 2 = $2,000 Total return
- $10 * 100 * 2.05 = $2,050 Total return
Your overall profit jumps from $1,000 to $1,050 and the difference will keep getting bigger over time. And that’s for a small wager and a tiny difference in the price. Just imagine the difference with high stakes and even better odds. You don’t want to leave money on the table, so you will have to use multiple sportsbook sites and apps that offer high gambling odds.
The same logic applies to the best sports betting lines. Checking several different places will always bring better results in the long run. This strategy is called line shopping, and you should do it if you want to consistently place your wagers on the best online sports betting odds. Here are a couple of resources we have created that will help you understand line shopping and how to manage multiple sportsbook accounts.
- How to Manage Multiple Online Gambling Accounts
If you don’t want to do all the line shopping for yourself, you could use an odds comparison site designed to check the best odds for a selected event. Such services could save you time and we often do the same on our sports gambling blog. We regularly publish posts dedicated to popular events, and some of them include info on which betting site has the best odds for the different outcomes.
No matter what method you pick, the key part is always to take a look at multiple internet bookies to find the best odds for betting.
How to Pick the Best Betting Lines for Totals and Spreads
Selecting the best sportsbook odds is the biggest factor when it comes to getting the highest value with your wagers. But the equation is more complicated than that for certain markets.
Two of the most popular betting options online are spreads and totals. The sportsbook offers a certain handicap for the underdog (spread) and an under/over score for the total number of points scored (totals). This is how the two markets would normally look like.
The 214.5 points set for the totals and 5.5 handicap for the spread are called betting lines. The different online bookmakers might have different lines for the same event, and that’s something else to consider.
Finding the best sports gambling lines available on the web can be very beneficial. If you want to back the Warriors in the example above, it’s possible that you could find a sportsbook that offers the same price for -5 or even -4.5 points.
That would be a much better value for you in the long run because a win by five points exactly would lose if the line is -5.5, but it would push at -5 and win at -4.5.
It looks like a small difference on the surface, but finding the best sports betting lines for your picks will increase your chances of winning money over time.
Alternative Lines and Buying Points
Many real money online betting sites will offer only a single line for the totals and spreads, but there are exceptions. Certain sportsbooks have alternative lines that feature five or six options for the same market.
Here’s an example.
In other cases, the sports betting site might offer you to “buy” points which essentially means a different line and a different price. For example, if the main line is 214.5 points and the under is priced at -110, you could get under 215.5 instead at odds of -120.
It’s the same as using alternative lines, and it’s something you should always consider. There are different scenarios in which getting a different line than the main one can be valuable.
For example, imagine that you expect a ton of points between the Spurs and the Warriors. According to your estimates, the teams will easily go over 214.5 points. You could bet on over 217.5 instead, getting the price of +140 as opposed to only -110 for the main line.
That’s only one example, but there are many situations in which using alternate lines is better. Sometimes you might be willing to take a safer approach and sacrifice some of the profits. On other occasions, you might prefer a more adventurous wager.
The Importance of Key Numbers in Betting Lines
Millions of people bet on spreads or totals. The first market eliminates the differences between the favorite and the underdog using a handicap, while the second allows you to win money even without predicting the eventual winner.
We already explained that getting a suitable line is as crucial as finding the best betting odds, but there’s another factor you should consider.
There are certain key lines for some sports that are based on the most frequent margins of victory and total number of points. It’s good to know if that concept applies to the leagues you are betting money on.
Let’s take the NFL, for example. The key numbers in the biggest football league in the world are 3 and 7 because these are the most common winning margins.
With this information in mind, you should probably think twice when picking the best lines. Let’s say you have two options for the same game, -110 for -1.5 and +105 for -2.5 for the favorite.
The probability of a victory by exactly two points which is the only case in which the first bet wins and the second loses is very, very slim based on the data we have.
Essentially, chances are that the outcome will be the same almost always which makes the +105 available for -2.5 a much better choice. The same logic would apply to the other key numbers for different sport and markets.
Here’s a table that shows the most frequent margins and totals for the mainstream markets.
Market | Most Frequent Margin/Total |
NFL Spread | 3; 7 |
NFL Totals | 37; 41; 44 |
Tennis Handicap for a Single Set | 2; 3 |
NBA Spread | 5; 6; 7; 8 |
NHL Total | 5 |
MLB Total | 7; 9 |
NCAAB Spread | 3 |
NCAAF Spread | 3; 7 |
NCAAF Total | 55 |
It’s important to use that information when placing your wagers because it can help you get the best sports betting odds by picking the most valuable lines.
Best Betting Odds vs. Best Gambling Bonuses
Many people believe that the best odds for online sports betting bring the highest returns in the long run, but you already know that the lines matter too.
There’s another factor that you should include in your calculations, too, and that’s the boost you could get from bonuses and promotions.
Here’s a simple example. Let’s say that you bet $1,000 on average every week. Your average price with the best odds betting website is +100 and your win rate is 55%. Your expected return is 0.55 * 2,000 which is $1,100 or a total profit of $100.
Imagine that you could place your wagers at a different betting site where the average price you get is -110. That would result in returns of $1,050.50 or a profit of only $50.50.
However, this sportsbook has a free bet club and a moneyback offer for your preferred markets. On average, you get around $60 per week from these promotions, so that boosts your profits to $110.50 or $10.50 more than the betting site with the best odds.
It’s clear that moving your action to the second sportsbook is more beneficial in the long run.
While the calculations above are not that simple most of the time, the basic principle is always the same. Make sure you explore the different promotions when betting online for money because the best betting site with the highest odds might not always equal the most value for your particular strategy.
The Importance of Welcome Bonuses and Reload Bonuses
The welcome bonuses you can get at most sportsbooks online are the undisputed king of the betting promotions available to customers. On average, they bring the most value because the gambling apps and sites want to bring in new players.
Another key factor is to find a sportsbook with regular reloads. If you use multiple betting sites and only keep a small fraction of your bankroll in each, as you should, you will often make deposits. Getting extra value makes a lot of difference.
Here are the welcome offers and reloads of our best odds sports betting sites.
Sports Betting Site | Welcome Offer | Reload Bonuses |
BetUS | 100% to $2,500 | 10%-50% |
MyBookie | 50% up to $1,000 | 25% up to $500 |
Bovada | 50% of up to $250 | N/A |
As you can see, you can easily join a real money betting site with good odds and benefit from various promotions. Naturally, you should always check the terms and conditions of every offer, so you know the wagering requirements and other important details.
The betting sites with the highest odds rarely have traps and unrealistic expectations, but they won’t give money for free without some strings attached either.
If the bonuses and promotions are your main priority, we recommend that you check our rankings of the top-rated online sportsbooks and betting apps for bonuses and rewards.
Odds Boosts and Other Promotions Designed to Enhance Betting Prices
Betting sites with high odds understand the importance of good odds and lines. Many of them give you more ways to improve your chances to win money via bonuses and promotions that are specifically designed to boost the odds you’re getting.
Here are some examples.
- Best Odds Guaranteed – This one is most often available for horse racing. If you place a wager before the race and the price is higher at the start of the event, the better odds automatically count for your bet.
- Enhanced Odds – You can also find this under names like “Odds Boosters” or “Price Boosts” but the concept is similar. Certain markets are available at higher odds for a limited time only.
- Vig-Free – Sometimes, the highest odds betting sites become generous and deliver prices for certain big events with no juice applied.
- Reduced Juice – The concept of this one is similar. The sportsbook reduces the margin, so instead of getting -110 for a certain outcome, the price is now -105 or even better.
All of the bonuses and promotions above can boost your average prices. Most of the best odds sites offer them, so keep your eyes open.
Getting the Highest Sports Odds for Live Betting
Live betting is extremely popular and we’re sure that many of our readers love it too. It opens the door to unique opportunities to make money and it’s available pretty much everywhere.
Naturally, you want to wager with the highest betting odds available. The problem is that line shopping here is not practical because speed is essential.
Furthermore, there’s a delay before a wager is accepted when live betting for money. It’s hard enough to place your bets on time with one sportsbook, but it becomes even tougher to do if you are looking at a few of them at the same time.
That’s why the main question here is which betting site has the highest odds for live gambling. Here are top recommendations for bookies with the best odds for in-play action.
If you want more options, you will find plenty of high odds betting sites that offer live action on the following page.
They have the best odds for online sports betting in-play and exclusive promos for live gambling. Make sure to check their offers for additional ways to make extra money.
How to Read Sports Odds and Find Value
If you’re new to sports gambling with real money, you need to know more than which betting site has the best odds.
You also need to learn about how sports betting odds work and what betting value means.
Here are the main concepts you need to know to find success when betting online with money.
Types of Sports Odds and How to Understand Different Formats
The price represents the return you’re going to get if your wager is successful, which is why you should be looking for the sportsbook with the best odds.
That concept is relatively simple, but there are different odd formats and you should know how to read them.
- Moneyline/American Odds – If you see something like -150 or +520, you’re dealing with American odds. If the number is positive, like +100, it shows your pure profit for a wager of $100. If the number is negative, like -150, it shows how much money you have to bet to win $100. Naturally, this odds format is the primary format used on most US betting sites.
- Decimal Odds – That’s the most popular format outside of the USA and probably the easiest to understand. The odds look like 1.50, 2.20, 5.00, and similar. The number shows your total return per unit staked, so a bet of $10 on 2.50 would return $25 ($10 initial stake + $15 in profit).
- Fractional Odds – Probably the most complicated format of odds. They are available mostly in the UK and look like 1/5, 5/2, 10/11, and similar. Use the following formula when it comes to fractional odds: stake * (first number/second number) = profit.
All of the formats essentially represent the same thing and the best odds betting sites usually allow you to switch between them. If you still have questions, the following page has answers.
How the Sportsbooks Set Their Sports Odds and Why They Move
Knowing how the odds work on the simplest level is one thing. Understanding the logic behind them is another. It’s important to learn the whole process of the sports betting sites if you want to beat them and make money.
Here are the different steps that a bookmaker takes to calculate the odds.
- Calculating Probabilities – The betting site has traders and odds compilers that use large sets of data and various tools to calculate the initial probabilities for every single betting market they offer.
- Estimating Cash Distribution – The next important factor is the expected distribution of the money. The sportsbooks adjust the odds based on their records and lower the prices for the outcomes that are expected to attract the most cash.
- Adding Margin – Even the best betting site with high odds applies margin to their prices because that’s how they make money. It’s an advantage in their favor similar to the house edge of casino games. The size of the margin is what matters when it comes to finding the best sports odds online.
At this point, the betting sites are ready to publish their odds, but that’s not the end of the process. Once the prices and lines are up, the sportsbooks follow the wagers placed and the latest news.
A high volume of bets on a certain outcome or a huge update related to the sporting event could instantly move the lines.
If you want to learn more about the process of calculating odds and what the sportsbooks do once they’re up, the following page will help.
The Importance of Value Betting
You probably came here wondering which betting site offers the best odds and we already gave several excellent options. We also added advice on the promos that could help you and other tips on finding the best sports gambling odds.
None of that will help you win money if you’re placing wagers based on guessing. You must learn how to work with probabilities and find value.
The only way to win money from sports betting is to put your cash on outcomes with a higher probability than the odds suggest.
Here’s a simple example of a value bet. Imagine that you and a friend are tossing a balanced coin with a 50-50 chance for heads and tails. You bet $1.10 on heads, while your friend bets $1.00 on tails and the winner takes all.
Your friend will win in the long run and you will lose, because you’re betting with a negative expectation. That’s effectively what many bettors are doing and even the best odds for online betting can’t help them.
If you want to learn how to find value, be sure to read the following guide.