Although Kansas sports betting isn’t legal quite yet, there’s plenty of discussion in the state legislature about approving the activity sometime in 2022 or 2023. This would be a major boon for the residents of this state, as Kansas is home to major sports franchises such as the Kansas City Royals. Therefore, stay abreast of the latest sports betting launch updates and news.
If and when sports betting comes to Kansas, you’ll need to know how to read the odds posted by popular sportsbook apps and for teams like the Jayhawks and the Wildcats, so let’s break down Kansas sports betting odds in detail.
Where Can I Bet On Sports Online
At the time of this writing, you can’t bet on sports online in Kansas. Instead, you’ll have to go to a nearby state with legal sports wagering, either online or through retail casinos or sportsbooks.
However, many popular online sports betting apps offer excellent sports wagering opportunities and several ways to read odds. Here are three of the top sportsbook apps that may come to Kansas sometime in the future:
BetRivers is a popular sports betting app in this area of the country. It’s well-known for its opening bonus (a deposit match offer), excellent app interface, and diverse betting markets that allow you to put your money down on sports ranging from football games to NASCAR races and more.
William Hill has recently been rebranded under the Caesars aesthetic and name. It’s a robust app with live wagering, plenty of betting markets, and an attractive loyalty program that rewards you for spending more time on the app.
FanDuel is a major giant in the industry. It includes a risk-free bet opening bonus offer, fantastic live streaming and in-game betting, and some of the best market depth and variety you’ll find in this industry. It’s also a great app for putting your money down on less popular or niche sporting events like tennis.
Sports Odds Explained: Types Of Sports Bets
No matter which online sportsbook app you choose to use if sports betting is legalized in Kansas, you’ll need to know how to read sportsbook odds properly.
For American sportsbooks, odds typically follow the moneyline format, which is broken down below.
Moneyline bets are straightforward and simplistic wagers: you just bet on who will win a match! Odds are represented with positive or negative signs next to numbers. Here’s an example:
- Kansas City Royals +200
- New York Yankees -400
In this example, the Kansas City Royals are considered the underdog team. They have positive odds associated with their line. The New York Yankees, being the more well-known team with better players, is considered to be the favored team to win.
Positive moneyline odds tell you how much money you can potentially win from wagering $100. So, in the above example, if you wager $100 on the Kansas City Royals to beat the New York Yankees, you’ll get $200 as a payout (for a combined total of $300 back in your account). That’s because you wager on the underdog, and they are less likely to win the game.
In contrast, the negative odds tell you how much money you need to wager to win $100. So, if you wager on the New York Yankees, you’ll need to wager $400 to get a $100 payout. That’s because it’s less risky to put your money down on the favored team to win a match.
Point spread bets have you wager on the margin of victory for a given match. The odds still follow the +/underdog team and -/favored team formula. However, odds are displayed with a decimal points value as well. Here’s an example:
- Kansas City Royals +5.5 +200
- New York Yankees -5.5 -400
In this example, the oddsmaker (the sportsbook or bookie) wants you to wager that the Kansas City Royals will both win the match and win by more than 5 home runs (so, 6 runs). You can alternatively wager that the New York Yankees will win and win by less than 5 runs.
Over Under Betting
Over/under betting is even more simplistic and accessible to new bettors. The bookmaker presents a certain score and asks bettors to wager whether the combined total points scored by both teams will be over or under their proposed amount.
For instance, the bookmaker may propose that a match between the Kansas City Royals and New York Yankees will have a combined points total of 10 home runs. Then wagerers can bet that the combined points scored by both teams will be either 9 or 11 home runs, with associated odds next to each option.
Then there are parlay bets, which are sequential strings of wagers. To win a parlay bet, you have to win every individual wager or “leg” of the parlay bet. Parlay bets are risky since you have to be lucky or wise enough to make a correct guess multiple times in a row. But there’s a greater than average opportunity for big payouts as a result.
Many future Kansas sportsbooks will also offer prop or proposition bets. Proposition bets simply propose a single event or hypothetical action in an upcoming or live match – then players wager whether the event will happen. Example prop bets include:
- Whether a specific player will make a home run
- Whether a specific player will throw for a certain number of yards during a football game
- Whether a specific player will be voted MVP for the season
- And so on
Prop bets will have odds next to their propositions such as +100, -550, +760, -200, etc. These odds, as with moneylines, tell you either how much money you’ll win by wagering $100 or how much money you need to wager to win $100.
Live In-Game Betting
If sports wagering is ever legalized in Kansas, you’ll also want to pay attention to live or in-game betting opportunities. In-game bets have odds formulated by algorithms, and they’re almost always prop bets to take advantage of the moment-to-moment action found in a live match.
Most online sportsbooks have live betting sections on their sites. You can navigate to these sections and put your money down on live bets to enjoy extra adrenaline and gaming action.
How Sports Betting Odds Work
The odds in sports betting are formulated by professional statisticians called line makers. Usually, individual sportsbooks or betting apps have their own teams of line makers and algorithms that derive unique odds for upcoming games or events. Line makers and algorithms come up with odds by looking at things like:
- Players who are scheduled to play in a match
- Player developments, such as injuries
- Past team histories
- The weather
- Where a match is played (i.e. on a team’s home field or somewhere else)
Odds are then set on a per sportsbook basis. That means that the odds for a specific match or line are not necessarily identical across different sportsbook platforms. The sports betting lines can be compared across platforms so you can find the most profitable odds for a given match.
These days, bettors can find betting lines and put their money down at in-person sportsbooks or by using mobile sports wagering platforms, such as FanDuel.
NFL odds are classic examples for sports wagering. Moneyline, spread, over/under, and other common wager types are well represented on most sportsbook platforms.
NBA odds are also popular and can be found on practically every major sports betting app these days. Available bets include moneyline, spread, prop, etc.
MLB odds are everywhere as well, in America. The World Series brings a line of popular futures betting odds to wagerers around the country, as everyone bets on who will win the World Series at the beginning of the season. The earlier you put your money down, the bigger the potential payout.
NHL odds are also popular, even among Canadians. NHL bets include the standard spread of moneyline, spread, over/under, totals, etc. bet types.
College Football Betting
College football betting is a popular pastime in many American states, especially those with popular college football teams.
Note that college betting for football and other games is sometimes limited in certain states. Such states may allow bettors to put their money down on out-of-state college events or may ban college sports betting altogether.
College Basketball Lines
Many popular sportsbook apps will also allow you to put money down on college basketball tournaments/games, especially the March Madness bracket. These lines will be futures bets and have big futures odds associated with them.
Like with college football betting, college basketball betting is not universal, even in states with otherwise legal sports wagering industries.
PGA Golf Odds
The PGA Tour, while not being as popular as the NHL, is still a major American organization. As such, many popular sportsbook platforms allow you to put your money down on PGA events through moneyline bets, spread bets, and so on.
NASCAR racing odds are a little different; every driver in a race has a positive odds number associated with their name. This shows how likely or unlikely they are to win a race. Every race driver is considered an “underdog”, so bettors have a good opportunity for profit no matter who they bet on.
Soccer odds can be found for major American soccer matches and international soccer tournaments, especially in Europe. Note that soccer odds may be displayed in decimal or fractional formats, as these odds systems are most commonly used throughout Europe.
Boxing odds are commonly found on sports betting platforms. Their odds are formulated similarly to the betting lines you’ll find for other sporting events.
MMA odds are also common on sports wagering platforms. Moneyline, futures, prop, and other bets are available on most wagering apps.
WNBA odds are a little less common given the league’s lower popularity compared to the NBA. However, you’ll still find plenty of moneyline, futures, and prop odds on most major sports betting platforms.
Tennis odds are displayed similarly to golf or soccer odds. They’re associated with a wide range of wager types, including moneyline bets, spread bets, prop bets, and more.
Sports Betting Odds Calculators
If you happen to be wagering on a foreign sports event, like an international soccer tournament, the odds might be displayed in a format you are unfamiliar with. Sports betting odds calculators can translate decimal or European odds into American or moneyline odds. That way, you can correctly calculate your potential payout if you win. Odds calculators can be found online at major sports news and sports wagering sites.
What Affects Sports Betting Odds Throughout A Season?
Sports betting odds can be affected by a wide variety of factors over the course of a season. These factors include but are not limited to:
- Player injuries
- Player trades
- Team performance
- The weather
- Past team victories
- Match location
- Coaching style
- Coach replacements
Kansas Sports Betting Odds FAQs
Betting lines are wagers listed on a sportsbook platform/app. Betting lines are sometimes nearly identical across sportsbook platforms, allowing wagerers to “line shop” and compare the odds across multiple platforms.
Sports scores and odds can be found on most mobile sports betting platforms or mobile websites.
Finding the best odds online depends on the match and bookmaker. You may have to compare odds across multiple sportsbook apps.
Live betting odds are sportsbook odds that only apply to in-game betting lines. They’re usually formulated by algorithms since people can’t come up with the betting odds that quickly.
Sometimes, such wagers are usually prop bets and concern things like who gets voted MVP.
You can find Vegas odds at Vegas casino websites or at sportsbook sites that operate in Nevada.