Las Vegas Raiders

Las Vegas Raiders

The Raiders' inaugural season in their new location of Las Vegas, Nevada, didn't quite go as planned, as the Raiders lost five of their last seven games of the regular season to miss the playoffs under head coach Jon Gruden. Still, it was a step up in wins from the prior year, and Vegas will look to push ahead into the postseason in 2021.

According to oddsmakers, that's unlikely to happen, as the Raiders have the lowest odds to win the AFC West. Can they overperform expectations and bring a playoff berth to their new fans? See all of the Raiders odds above, as well as their full schedule, against-the-spread (ATS) performance, depth charts, team trends, and more.

Las Vegas Raiders Point Spreads

In 2020, the Raiders finished the season a neutral 8-8 against-the-spread, although they did go 4-2 specifically within the division. If you're unfamiliar, against-the-spread refers to spread bets, which are among the most popular bet types in the U.S. They're wagers on the margin of victory in a game rather than simply which team will win outright.

Here’s a brief example of a spread for a Raiders game:

• Raiders -1.5 (-110)
• Chargers +1.5 (-110)

In this situation, the Raiders are considered favorites in the game, as noted by the minus sign (-) next to their number. It may seem confusing that the number is not a whole one, but that's just so sportsbooks can avoid pushes -- when a game finishes exactly on a number and all bets are refunded.

A Raiders spread bet at -1.5 means that Las Vegas would need to win by two points or more to cover and pay out the wager. If the Chargers won the game, or simply lost by a point, the Raiders spread bet would be graded as a loss.

Raiders Over/Unders

Where bettors in 2020 could really make money on Raiders game was the over/under, often called a total bet. These types of wagers are all about points, and they have nothing to do with which team wins or loses or by how much. Sportsbooks will post a number that signifies how many points will be scored in a game by both teams, and then bettors can wager over or under that number.

Last season, Raiders games went 12-3-1 to the over -- the highest mark in the entire league. That just means that in 12 of the 16 games played, the total points posted by oddsmakers was too low, and bettors who bet over that number cashed their wagers.

Here's an example: Let's say the Raiders played the Broncos, and a sportsbook posted a total of 49.5 points. If you bet the over, you would cash your bet if Vegas and Denver combined for 50 or more points; in contrast, the under would hit if there were 49 or fewer points scored.

Las Vegas Raiders Moneylines

Moneylines are a bit like spread bets, but the margin of victory doesn't matter. On spread bets, you'll likely see -110 as the "juice" or "vig," which is merely the tax you have to pay on the bet. Think of it in terms of $10 or $100 increments: At -110, you have to pay $11 to win $10.

That -110 is standard for spreads, so think of moneylines as just removing the spread and then adjusting that -110 number to account for which team is more likely to win or lose. For example, the Raiders moneyline might be +240 against the Chiefs, which means you would net $24 in profit for every $10 you wagered if they beat Kansas City. In contrast, a -240 Chiefs moneyline bet would net $10 for every $24 wagered.

You can use our Odds Calculator to calculate any bet amount or conversion.

Las Vegas Raiders Props

Between Josh Jacobs, Henry Ruggs III, and Darren Waller, there are no shortage of intriguing fantasy players on the Raiders. And if individual player performance is more your jam, consider player props, which are simply just bets on the statistical performance of a single player rather than a team.

Some popular Raiders player props this year will include Jacobs to rush over/under a certain amount of yards, Ruggs to catch over/under a set amount of passes, Waller to get into the end zone, and much more.

Raiders Futures

The Raiders have missed the playoffs for four straight years, but is 2021 the season they get back to the promised land? If you're bullish on that happening, you can bet on that, too. Those types of bets are called futures bets, and they're wagers on end-of-season outcomes.

Here are some other Raiders futures you can bet on: Whether Las Vegas will surprise and win the AFC West, whether Josh Jacobs will lead the league in rushing, whether Derek Carr will win the NFL MVP, and much more.