When it comes to sports betting, one of the most important things to look for is value in the odds. Many casual bettors overlook the odds, but the pros definitely shop the betting lines.
Betting odds determine the potential payout, and getting the best odds can have a massive impact on your profits over time. Different sportsbooks offer different odds, and even slight differences can make a big deal for bettors, especially in the long run.
So, when you’re betting on a game, you might as well get paid more if you win, right?
We’ve rounded up the 4 online sportsbooks that consistently have the best odds in the industry.
DraftKings has become one of the most popular sportsbooks in the industry — they consistently offer some of the most competitive odds across a huge range of sports.
Whether you're betting on the NFL, NBA, MLB, or something more niche like tennis or soccer, DraftKings’ odds tend to give bettors more bang for their buck. This is especially true for spreads and moneylines, where they regularly post odds that beat out some of their closest competitors by 5-10%.
One of the things we love about DraftKings is that they offer odds boosts on a regular basis. This gives bettors an even better deal on the bet by turning good odds into great odds. We tend to see their odds boosts tied to big games like Thursday Night Football or even playoff games.
DraftKings also offers an insane bonus for new users — Bet $5 and get $250 in bonus bets plus 1 month of NFL+ Premium.
This is a great way for new bettors to get started with the sports betting powerhouse, as the bonus bets give you more opportunities to win using house money. Combine this with their already solid odds, and it’s easy to see why DraftKings is a favorite among bettors.
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Bet365 might not have as much brand recognition in the U.S. as some other sportsbooks, but they are undoubtedly global giant for a reason.
What they’re known for, however, is providing consistently strong odds. Bet365 is a sportsbook where you'll find excellent value across its huge selection of betting markets. Whether you’re interested in soccer, football, or basketball, Bet365 offers competitive odds that often top those of many of their rivals.
One of the best features of Bet365 is how deep their betting markets go. They might not operate in tons of states, but they go strong where they do operate. You can bet on almost anything. This includes alternative spreads, prop bets, and live in-play betting, which is something they absolutely dominate at. The odds in their live betting are particularly sharp, allowing bettors to capitalize on changing game dynamics in real time. Bet365 is tough to beat if you like in-game action.
Betting lines are important at Bet365 because they’re typically released early and stay competitive right up until the event. This makes it easier for savvy bettors to find value bets and take advantage of favorable lines before they shift.
Their odds boosts, and early cash-out options also give bettors the ability to lock in profits before games end.
One of our favorite things about this sportsbook is its bonus offer. Bet365 lets you choose between two offers — Bet $5 and get $200 in bonus bets or a first-bet safety net of up to $1,000.
Having the flexibility to pick the bonus that works best for you is a nice touch and one that we haven’t seen at any other sports betting app. The first-bet safety net is really appealing to those who plan on making a larger bet upfront, as it gives some protection if your initial bet doesn’t go as planned.
Awesome odds and an amazing bonus? Sign us up for Bet365!
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BetMGM is another sportsbook that deserves some attention for its odds.
One of the reasons professional bettors flock to BetMGM is the way they consistently offer competitive odds on moneylines and point spreads.
You’ll often find that their odds are right up there with the best in the industry. Sometimes, they edge out the competition by offering better value on underdogs or less popular bets. If you can spot these gems, you’re in for a treat. Maybe that’s why the pros go with BetMGM on a regular basis.
What we love about BetMGM’s odds is that they’re especially strong for bettors who like to focus on futures markets.
That’s right. Futures isn’t something too many even think about, but BetMGM is just crushing it.
Whether you want to place a long-term bet on who will win the Super Bowl, the NBA Finals, or even individual player awards, BetMGM’s futures odds tend to offer a bit more value than other sportsbooks.
This makes it one of the best options for those who like to take a long-term approach to betting..
So BetMGM has awesome betting lines, but what about that bonus offer? It’s easily one of the best.
New customers can take advantage of BetMGM’s massive bonus offer — a first-bet offer of up to $1,500. This is one of the highest welcome bonuses in the industry. If your first bet loses, you’ll get your stake back (up to $1,500) in the form of bonus bets, which is a great way to cushion the blow of an unlucky first bet. Single-bet safety net bonus offers aren’t for everyone, but if you have the bankroll to max it out, you’re in luck.
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FanDuel has been one of the biggest names in the sports betting industry for years, and their odds are one of the big reasons why.
Whether you’re placing a simple moneyline bet or a monster parlay, FanDuel often provides some of the best odds available that you won’t find anywhere else.
Their focus on mainstream sports like the NFL and NBA means you’ll find some of the most competitive odds on popular events, but they also offer strong odds on less common sports and markets.
One thing that sets FanDuel apart is how accessible they make sports betting for casual bettors. The odds are clear, easy to understand, and updated frequently to reflect changes in the market. For those who don’t want to dive deep into advanced betting strategies but still want to get the most out of their bets, FanDuel is the place to bet.
Betting lines are critical at FanDuel because they frequently offer same-game parlays, which allow bettors to combine multiple bets from the same event for larger payouts. They’re known for this, and it’s become one of FanDuel’s signature features. It is a big draw for bettors who like to go for the bigger win. We’re not big fans of SGPs, but we can see the appeal, and if you’re going to get really good odds with them, why not try them out?
FanDuel’s new user bonus is also a big deal — Bet $5 and get $200 in bonus bets. It’s a simple, easy-to-understand offer that gives new bettors a great way to get started with the platform. Plus, with FanDuel’s already great odds, that $200 in bonus bets can go a really long way. It allows new users to get a feel for the platform without dipping into their own pockets.
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Each of these sportsbooks—DraftKings, Bet365, BetMGM, and FanDuel—brings something unique to the table when it comes to betting odds.
Whether you're looking for the best odds on a wide range of sports, early betting lines, or simply a strong welcome bonus to get started, you can't go wrong with any of them.
The key is to find the sportsbook that fits your betting style and offers the odds that will give you the most value over time. With great promotions and consistently strong odds, these four sportsbooks stand out as top choices for both new and experienced bettors.
Remember, there’s nothing saying you can’t sign up for all four sportsbooks and use them independently for each of your bets. If BetMGM has better odds on MNF than Bet365, go with BetMGM. These powerhouses simply give you more options for better odds.