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# 5. What are Wager Odds?

5\. What Is the -110 Number Listed Next to My Bet? \
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With many bets, you may see two numbers — a spread like -4.5, and then odds below it, like -110.\
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 • The spread is the margin of victory your team needs to win by\
 • The -110 odds are the price you need to pay to bet that spread.\
Let's say you're betting on the Colts at DraftKings.\
 **• The spread is -8**, so to win your bet, you need Indy to win by 9+ points.\
 **• The "juice" is -110**. So you'd need to wager $110 to win $100, or $11 to win $10, on that spread.\
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If you wager $11 to win $10 and the Colts win by 14, you'd win $10. If the Colts win by 3, you'd lose $11.\
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NFL spreads will usually be -110 on both sides.\
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But for something like an MLB spread, where the line is almost always -1.5 for the favorite and +1.5 for the underdog, the juice will differ depending on the gap in ability between the two teams.