CoverRats

Looking for an edge when betting on sports?

Well, you have come to the right place. CoverRats is a one-stop shop to compare Vegas lines, advanced statistical projections, and historical data. Whether you are a seasoned gambler or a first timer, CoverRats is here to help you make informed decisions.

The Basics

Vegas sets a line based on current information available (injuries, historical performance, etc.) and anticipated gambler sentiment. It then adjusts the line based on the public’s action.

For example, say Team Cover is favored by 7 points over Team Rats. If the public places significantly more bets on Team Rats, Vegas may adjust the line to Team Cover only being favored by 6 points.

The Line

On CoverRats, a standard Vegas line will look something like this -

• Team Cover -7 (-110), Team Rats 7 (-110)

This is not morse code. We promise.

• -7 - This means that Team Cover must beat Team Rats by more than 7 points to win the bet. (Note - a positive number, like the 7 next to Team Rats, means that Team Rats can lose by less than 7 to win the bet. Team Rats would also win the bet if they won the game outright. If Team Cover beats Team Rats by exactly 7 points, the bet is a push and you get your money back.)

• -110 - This means that for every $110 you bet, you will win $100. (Note - a positive number gives you the amount you would win, for every $100 bet. For example, +150 means that you will win $150 for every $100 bet.)

• FiveThirtyEight RAPTOR - FiveThirtyEight’s RAPTOR is a statistic that uses modern NBA data such as player tracking and play-by-play data to project the outcomes of games. This statistic better reflects how today’s NBA evaluates players. For more information, visit FiveThirtyEight.com

• ELO - The ELO rating is a commonly used system to project outcomes from sporting events. It is derived from two data points - the final score of each game and where each game was played

CoverRats allows you to easily compare the Vegas lines with FiveThirtyEight’s RAPTOR and ELO projections. We also provide historical data to help you make decisions when gambling on sports. Enjoy! (responsibly, of course)