Las Vegas Raiders Odds

Las Vegas Raiders Odds, Bet Types, and Team History

Josh McDaniels’ return to head coaching was a bit of a dud. After making the postseason in the 2021-22 season, the Raiders went 6-11 and finished third in the AFC West.

The end of the season also got weird, with longtime quarterback Derek Carr getting benched in late December for Jarrett Stidham. Carr was eventually released and signed with the Saints. Another big departure over the offseason was tight end Darren Waller, who was traded to the Giants.

Nonetheless, Las Vegas had a busy offseason, notably bringing in Jimmy Garoppolo to be its new quarterback, plus offensive weapons like Jakobi Meyers and Austin Hooper. Star running back Josh Jacobs and tackle Jermaine Eluemunor were also re-signed. EDGE rusher Tyree Wilson out of Texas Tech headlined the Raiders’ draft, which also included tight end Michael Mayer and quarterback Aidan O’Connell.

The Raiders open the season on Sept. 10. They’ll be on the road to face the rival Broncos.

Betting on the Las Vegas Raiders

Las Vegas Raiders Point Spreads

Betting point spreads are wagers based on the expectation that a team will win or lose by a certain number of points. Here’s an example:

• Chargers +2.5 (+110)
• Raiders -2.5 (-110)

In this situation, the Chargers are 2.5-point underdogs against the Raiders. If Las Vegas wins the game by three or more points, a $100 wager on the Raiders would come with a payout of $90.91. If Los Angeles won the game outright or lost by two points or fewer, the same $100 wager would net $110 plus the original $100 for a total of $210.

FAQ: Everything you need to know about point spreads

Raiders Over/Unders aka Raiders Totals

Over/under, also called point total, is a wager placed on the combined scoring of a single game. Bookmakers come up with a number and you can either bet the over or — you guessed it — the under. Here’s how it works:

Let's say the Chiefs play the Raiders and the over/under is set at 55 points. A wager on the over would require Kansas City and Los Angeles to score 56 total points or more to win. Betting the under is an expectation that the two teams would score 54 or fewer points. It's also possible for the bet to push, which would happen if the game finished with exactly 55 points scored.

FAQ: Betting the point total, explained | What is a push?

Las Vegas Raiders Moneylines

The moneyline is as straightforward as it gets when it comes to betting. The only thing to do here is pick the winner. Check out this example:

• Raiders -110
• Broncos +230

The minus (-) and plus (+) signs distinguish the favorite from the underdog, making Las Vegas the favorite in this scenario. Odds can be understood more clearly if you think in terms of $10 or $100 increments. A wager on the Raiders odds would mean every $11 bet nets $10. And it's the opposite for underdogs: Here the Broncos moneyline was set at +230, meaning a $10 wager would profit $23.

Moneylines are also commonly used when making parlays, which are multiple bets tied into one. Let’s say you bet the Raiders moneyline and -2.5 point spread, Las Vegas would need to win by three points or more for that bet to be successful. The risk is greater, but so is the reward with increased odds. Use our Odds Calculator to calculate any bet amount or conversion.

FAQ: How to bet on the moneyline | How to make a parlay

Las Vegas Raiders Props

Player props are wagers on a single player, and they're tied to a single stat found in the box score for a game or even the whole season. These are among the most fun to bet on, especially if you're already playing fantasy football and like the player-specific focus it offers. Check out a hypothetical example below:

• Davante Adams 2023-24 season receiving yards: 1,200.5

Basically you are betting on whether Adams will go over or under 1,200.5 receiving yards over the course of the season. 

FAQ: How prop betting works

Raiders Futures

Futures are somewhat similar to prop bets in the way that both are monitored over the course of a season. Except most future bets are focused on end-of-season success. Examples of futures are:

• Las Vegas Raiders odds to win the AFC West
• Las Vegas Raiders odds to win the AFC
• Las Vegas Raiders odds to win the Super Bowl
• Davante Adams’ odds to win Offensive Player of the Year

For a full list of NFL futures, click or tap here.

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