The price is often -110 on an event that has a 50/50 outcome, for instance with two evenly-matched teams.
This means you'd be risking $110 to win $100, or $11 to win $10. The standard price for a point spread or over/under bet is often -110. One of the most common questions asked when seeing NFL odds for the first time is, ' What does -110 mean?'. Read below to learn the ins and outs of NFL odds and how to approach wagering on American football if you’re a novice sports bettor. After some time, however, NFL odds begin to make a lot more sense. To a new football bettor, NFL odds can look like a foreign language. Video Poker Guide: Play the Best Online Video Poker Games.