NJ Sports Betting Odds

Welcome to our live odds feed page! This page is designed to be your best friend when it comes to shopping for the most competitive odds and lines in New Jersey.

The feed you see below is a real-time display of the odds you can find at New Jersey online sportsbooks. By using our dropdown menus, it is simple to move back and forth between different sports and types of bets.

Make sure that you bookmark this page. The feed is already packed with great information, and we are adding features to it all the time. If you’re a serious sports bettor in New Jersey, you need to know where to find the best prices.

Compare NJ sports betting odds

The most common types of bets

If you use our dropdown menus, you’ll notice that we have options for three different types of sports wagers. These three types of bets are the most common sports bets that people use, and you will find them in circulation at every sportsbook you ever visit, online or live. They are:

  • Moneylines
  • Spread (aka point spread)
  • Totals (aka over/under)

One thing to bear in mind is that our feed is not static. Since it’s a live feed, the numbers are always changing. So, you must act quickly if you see an opportunity.

Hopefully, you already have an account at the sites listed. However, if you do not, make sure that you double-check your selected wager after you register. It may have moved and not be as golden as an opportunity anymore.

The good news is that we have added a function into the feed to make things easier on you when it comes to grabbing those great odds. If you hover over the odds that you like, you should see a “Bet Now” button appear. Pressing this button should whisk you to the desired bet quickly and speed up the process.

A quick primer on these common bet types

If you’re new to sports betting, welcome! You’ve come to the right place for information about how all this stuff works.

The three betting types mentioned above are essentially universal in sportsbooks. So, let’s go over how each of them works.

Moneylines

At their core, moneylines are the simplest type of sports bet. They are a wager on which team will win, nothing more.

However, they can be intimidating to new sports bettors because of their signature mark — the three-digit number that appears next to team names.

A typical moneyline listing might look something like this:

  • Team A -220
  • Team B +175

Those three-digit numbers tell us two different things. They tell us which team is favored to win, and the payout ratio associated with winning bets on each team.

So, since Team A has a negative moneyline, it is the favorite to win. Team B, with its positive moneyline, is the underdog.

How payout ratios work on moneylines and other bets

Now, before we proceed, we need to talk about how the payouts work on moneylines. Sportsbooks often use the same format elsewhere, so it’s important to have a solid understanding of this display before you proceed.

Since Team A is the favorite, the -220 is telling us that we must wager $220 to win $100 in profit. If we bet on Team B, the +175 tells us that we will receive $175 in profit for every $100 we wager.

Remember that these numbers are only ratios. You can bet however much you like. The sportsbook will adjust the payout proportionally to your wager size.

If you want to figure out the payout for yourself, however, then here’s what you do:

  1. Divide the payout ratio as follows: Payout divided by Bet Size
    1. 100/220 = 0.455 or 5/11
    2. 175/100 = 1.75 or 7/4
  2. Multiply your bet by the result. So, if we bet, say, $60, then:
    1. $60 x 0.455 = $27.30
    2. $60 x 1.75 = $105
  3. Add your bet back into the profit
    1. $27.30 + $60 = $87.30
    2. $105 + 60 = $165

Since sportsbooks commonly use this format to express the payouts on other types of bets, it’s a good idea to be able to do these kinds of calculations. For instance, in the spread bet example below, the advertised payout was -110.

So, in that example, every $100 wager will result in a profit of $90.91 and a payout of $190.91. Simply run through the calculation detailed above to figure out how bets of other sizes will pay.

No matter which side of a bet you take, you will always receive slightly less than the true odds on your money. The discrepancy is because the sportsbook makes its profit out of every bet. The amount it takes out is called the “vig,” which is short for vigorish.

Spreads

Spread bets, or point spreads, are the margin of victory in a game. The sportsbook attempts to predict what the eventual margin will be, and bettors place wagers regarding the accuracy of that prediction.

So, a typical spread listing might look something like this:

  • Team A +8.5     -110
  • Team B -8.5      -110

The spread is always the pair of equivalent numbers that only differ in their sign. The positive spread is placed next to the team expected to lose, and the negative spread next to the favorite.

In this example, the sportsbook is estimating that Team B will win the game by 8.5 points. So, sports bettors would place their wagers about whether they believe Team B will win by more than 8.5 points, or that Team A will lose by fewer than 8.5 points.

If Team B is successful in winning by more than 8.5 points, it is said to have “beaten” the spread. Conversely, if Team A can lose by fewer than 8.5 points, it will have “covered” the spread.

Notice that Team B can produce a winning wager and still lose the game. Spread bets are notable for the fact that the actual outcome of the game is largely irrelevant to the determination of the wager.

You may be wondering why the spread is estimated as a half-point measure when teams cannot (usually) score in half-points. Well, sportsbooks often set their estimates as half-points to avoid the possibility of ties. A tie would mean that the book would have to refund all the wagers, and that’s not an optimal outcome for the bookmaker.

As you can see, sportsbooks often involve the moneyline format for their payout ratios. For spreads and totals, the typical payout ratio is -110, which means that the sportsbook is charging a $10 premium for every $100 wagered. The ratio may be slightly different, however, if the sportsbook wants to influence betting one way or another.

Totals

Totals are the sports bet that most bettors know by another name. This wager is the Over/Under.

They are bets regarding the combined point total that the two teams manage to score in a contest. Bettors wager about whether the actual total will be over or under the sportsbook’s pregame estimate.

So, a typical totals bet offer will look like this:

  • Team A vs. Team B OVER 224.5               -112
  • Team A vs. Team B UNDER 224.5             -109

Totals bets are not concerned with the outcome of the game in the slightest. It is irrelevant which team does the bulk of the scoring.

Then a totals bet becomes a question of offensive and defensive potency on both sides. Bettors have to determine how both teams operate in isolation and against each other.

One thing to notice about totals bets is the fact that, like spreads, they are often expressed in half-points. The sportsbook’s reason for doing so is identical — having to refund tie bets is a headache and doesn’t help the sportsbook make money.

The other aspect to note is that, like spread bets, totals use the moneyline payout ratio to express what bettors can expect to earn. Though payout ratios tend to use -110 as their starting point, it is exceptionally common to see sportsbooks tweak the ratio to encourage betting on one side or the other. It’s not unusual to see an entire slate of totals bets without a single -110 as a payout ratio.

Other bets and their odds

Those three types of bets are the most common in all of sports betting, and that’s why they’re on the feed right now. However, sports betting is a broad and diverse activity, and there are many other types of bets that you can make on sporting events.

So, we are providing the information below so that you know what to do if you need some variety beyond the types of wagers on the feed.

Futures

Futures bets might give new sports bettors pause based upon the name alone. After all, all bets are in the future.

However, futures bets revolve around the culmination of a season of play. They usually deal with either a championship or an end-of-season award.

So, a typical futures bet in New Jersey might be one of the following offers:

  • New York Giants to win the Super Bowl +8000
  • New York Jets to win the Super Bowl +8000
  • New York Yankees to win the World Series +375
  • Philadelphia Phillies to win the World Series +2500
  • Daniel Jones to win the NFL MVP award +6600
  • Sam Darnold to win the NFL MVP award +8000
  • Aaron Judge to win the AL MVP +600
  • Bryce Harper to win the NL MVP +2200

All of these options have a moneyline payout ratio next to it. We took the listed moneylines from DraftKings Sportsbook, so these are as realistic as we could make them.

However, what you need to notice is that, unlike some other places where this format appears, most futures bets are entirely composed of positive moneylines, indicating that the odds are against a win. The reason that most futures bets are longshots is that the level of unpredictability for each event is so great.

What bettors are wagering is on their selected player or team and against everyone else. The chances that someone else will win are usually far greater than the chances that your pick will win, even if they are the favorite.

So, even if the New York Yankees are looking to add another championship to their total, the chance that someone else will foil their attempt is the more likely scenario.

Propositions

If the bet you’re pursuing does not fall into one of the categories above, it’s probably a proposition wager. Propositions, or prop bets, are side wagers on events that have little to nothing to do with the outcome of the game or match itself.

Instead, you might find opportunities to bet on which team will be the first score, will a player score a certain number of points, or which team will “win” one of the periods of play, irrespective of the actual outcome of the game.

So, here are some sample proposition bets from DraftKings Sportsbook:

  • Over/under on the number of strikeouts a pitcher will throw
  • Player(s) in a game that will hit a home run
  • 3-pointers a player will make in a game
  • Player to score the first basket in a game
  • The team first to score 20 points

Anytime you see a bet phrased as a question, you’re probably looking at a prop bet. Prop bets are also used to break down games into smaller segments or to focus on specific aspects of the game. If there is a level of specificity in how a wager is phrased, it’s most likely a proposition.

Live betting

A subset of prop betting is one of the most important types of wagers that are in circulation today. Live betting, or in-game wagering, allows players to make bets on games that are already in progress.

Live bets are fast becoming the dominant form of wagering in all of the sports betting in the U.S. The vast amount of flexibility that the bet type bears allows players to wager on almost anything they want.

This flexibility stems from the different types of wagers that typically occupy a sportsbook live betting for an event. Live betting usually comes in one of three flavors.

Continued pregame bets

The first type of live betting that you’ll see is simply a continuation of the pregame bets that you could’ve chosen all along. So, spreads, moneyline, and totals will still be a wagerable commodity after tip-off, the puck drop, or the umpire’s “play ball.”

The only difference is that the lines are no longer based upon the same pregame information that you, the bookmaker, and everyone else had. The estimates change dynamically according to the progress of the game. So, even though it seems like you’re still making the same type of wager, you’re prop betting at that point, and it pays to do so with caution.

Achievement of milestones

The second type of live wager that you will encounter deals with the achievement of milestones during the match. These milestones can be specified either to a team or an individual. They are usually based upon single-game achievements, but it might be possible to see a season or career milestone question if a player or team is approaching its fulfillment.

The trick with these kinds of bets is that they can be deceptive in their logic. For instance, if a basketball player scores 10 points in the first half, a sportsbook might ask about the chances he’ll score more than 20 points for the game.

On the one hand, a linear progression like that seems like it makes sense. Some players are, in fact, that consistent. However, there’s no guarantee that the player won’t get tired, get injured, or receive less playing time if the game becomes less competitive towards the end.

Partial game results

The most commonly found type of live bet, however, is the partial game result. As a general rule, these wagers revolve around the outcome of particular periods of play.

However, the definition of a “period of play” has changed considerably as sportsbook technology has improved. Although you can readily find questions about standard periods of play, like quarters or halves, many sportsbooks are now drilling down to the outcomes of smaller periods. It’s not uncommon to see bets about the outcomes of individual plays.

Because of this granularity, live betting is far more common online than in retail. The logistics of betting live in a retail sportsbook make for difficult times for both sportsbooks and players.

However, since there are now so many opportunities to bet, it is not unusual for a sportsbook to offer more than one hundred different wagering options on a single game or match. This ballooning of opportunity has been a boon for sportsbooks and sports bettors alike.

Parlays

Parlays are a type of bet made of other bets. In a parlay, you select several different wagers from the types listed above and combine them into one massive conglomerated bet.

Each piece of a parlay is known as a leg. In most cases, you can stack together as many bets as you want, but most parlays don’t have more than ten legs.

The defining feature of parlays is the fact that there is no margin for error when you make this wager. If any of the legs you chose turns out to be false, the entire bet is lost.

So, let’s say that you’re looking at the following wagers:

  • Philadelphia 76ers vs. Boston Celtics: PHI +6 @-110
  • Dallas Mavericks vs. Los Angeles Clippers: DAL moneyline @ +235
  • Orlando Magic vs. Milwaukee Bucks: ORL moneyline @ +650
  • Miami Heat vs. Indiana Pacers: IND +4 @ -109

If you were to bet all four of these wagers individually, with each one receiving a $25 wager ($100 total) you would have a potential payout from DraftKings of $367. If you lose one of the bets and win three, you’ll still win some money, but less than you potentially could have.

However, if you were to fold all four bets into a parlay, the potential payout jumps astronomically. Parlay bettors with the same legs and the same $100 wager could realize a profit of $9,213.84.

Unfortunately, you have to get every single bet in a parlay right to collect.

New Jersey sportsbooks have consistently reported higher margins and profits from parlay bets for a reason. You need to understand how much risk is involved with this wager. You are set to win more than 92 times your bet, and the sportsbook is comfortable taking that chance.

Parlays are the definition of high-risk, high-reward scenarios. We recommend that you don’t bet any money on parlays that you need for something else. Make sure that it’s money you don’t mind losing because that’s probably exactly what you’re going to do.

Teasers and pleasers

Sportsbooks know that parlays are a bit on the intimidating side. So, they have been known to tweak the standard parlay to appeal to different tastes in their customer bases.

Hence, they invented the teaser and the pleaser. These rhymed bets are, in fact, mirror images of one another.

Teasers

In a teaser, the sportsbook allows the bettor to apply a blanket adjustment to all of his or her legs in a parlay. So, for instance, all spread bets on the favorite might reduce the spread, and all spread bets on the underdog might increase by the same amount.

Generally speaking, sportsbooks restrict teasers to parlays on games with significant amounts of scoring. So, it’s more likely that you’ll find them on basketball and football games than, say, soccer or hockey.

Teasers are also usually restricted to spread bets and totals. Calculating the appropriate shift on a moneyline is simply too difficult to figure.

At this point, teasers sound like a no-brainer for parlay bettors. However, there are tradeoffs with everything in life, and teasers are no different.

Because the sportsbook is allowing you to adjust the parlay in your favor, it charges you a premium for the consideration. A teaser will pay significantly less than a straight parlay with the same legs.

Pleasers

Pleasers do the exact opposite of teasers. Where teasers adjust in favor of the player, pleasers adjust in favor of the sportsbook. So, all of those spreads and totals bets just became much harder to win.

You may be wondering why someone would ever agree to such a stipulation. However, you have to remember that everything about a teaser is flipped in this kind of wager.

So, it is possible to enhance your profit potential in a pleaser versus the payout you’d get in a straight parlay with the same structure. If you are the kind who wants to squeeze as much potential as you can out of a bet, a pleaser might be your cup of tea.

Pleasers are far rarer than teasers, however. For whatever reason, most people seem to believe that winning a parlay is difficult enough without giving more points back to the sportsbook.

What is an odds boost?

If you play on one of New Jersey’s online sportsbooks, you might come across a mention for an odds boost. You may wonder what this phrase means and whether you should be interested.

An odds boost is a type of promotion that bumps up the potential payout on a bet beyond what the odds suggest it should be. Yes, you should be interested, but only to a certain degree.

Sportsbooks often use odds boosts as a way to funnel interest to bets that they want to highlight. Many books have a rotating odds boost section that they update every day.

So, for instance, you might see listings like this:

  • Mike Trout to hit a home run +240 +300
  • Paul George to score the first field goal +600 +655
  • Neymar to score and PSG to advance +150 +175

As you can tell, most odds boosts tend to be on prop bets. Other types of bets, like spreads and moneylines, do not come with as much uncertainty, and an odds boost could result in a financial hit for the book.

Odds boosts are also not sufficiently significant to break the bank or cause someone to become rich overnight. They are just a little bump to throw a few extra dollars at winners. If you were already planning on making a similar type of wager, there’s no reason to shy away from them.

FAQ

What are “Vegas odds?”

If you read news reports about gambling, you may see a reference to odds set in Las Vegas or “Vegas odds” and wonder what those are. Simply put, the country’s top experts on sports betting are mostly located in Las Vegas, and most take their odds to be the last word on how to look at the outcome of a game.

This expertise stems from the decades-long ban on sports betting outside Nevada, known as PASPA. One side effect of the ban was to concentrate the institutional knowledge of sports betting into one spot. So, Las Vegas may not be the only game in town anymore, but most top sports bettors and sportsbook operators still call the desert city home.

Can I calculate win probability from the odds?

Yes! If you’re comfortable with a few mathematical conversions, you can use the published odds to derive the win probabilities from the moneylines of both teams.

Simply use the following formulas to get the probabilities:

  • Favorites: Value of Odds/(Value of Odds +100) x 100 = Probability
  • Underdogs: 100/(Value of Odds + 100) x 100 = Probability

The “Value of Odds” refers to the number that appears as the moneyline. For the calculation, drop the sign (plus or minus) that sits next to each moneyline.

What sport has the best odds?

It changes. Sports come in and out of having the best opportunities, and it’s the job of the sports bettor to solve them.

However, our odds feed is designed to take out some of that guesswork. We still have a long way to go in developing it, but you can certainly compare and select from several different options in the Garden State pretty easily.

Are odds set by the state or by sportsbooks themselves?

The odds at each sportsbook are set by the sportsbooks themselves, not any kind of state agency. It is a point of pride for many of the sportsbooks to claim that their odds are definitive and most accurate that you can find.

In general, there is an oddsmaker or group of oddsmakers who work to formulate the lines for each game at each sportsbook.

How do they figure out what odds to publish?

Figuring out the odds used to be a far more arcane endeavor. Oddsmakers would pour over the limited data they have and use the best combination of statistics and experienced hunches to get their numbers. Nowadays, most sportsbooks have sophisticated software and algorithms to calculate where to set the lines.

The idea, as always, is to set the marks so that the money wagered balances against the payouts, and the sportsbook can quietly keep the vig to itself.

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