The odds you will look at in this case are “Vegas Moneylines” Originating in Nevada in the 1930’s when sportsbetting was legalized in the state, Vegas odds-makers created a system to represent betting returns and odds – what is now referred to as “U.S Odds format” (compared to European fractional or decimal representations of betting odds).Ĭonsider a UFC Fight where you want to bet on the winner. a “money-line” bet, betting the point spread, or other wagers), and the returns they stand to make.

Vegas odds is an all-encompassing term to describe the betting system used in U.S based sportsbooks, enabling gamblers to easily understand the key stats they need in order to make various bet types (e.g. You may have heard the term “ Vegas Odds” in relation to betting on sports.