Big Bets Today
Published: 09.12.2023

What does plus and minus mean in sports betting

Betting Odds Explained The “+” and “-” are put in front of odds or lines, indicating the favorites and underdogs. When you see negative odds (a number with a minus [-] symbol next to it), this means you're wagering on a favorite or a more likely (according. (e.g. – means you must bet $ to win $) If the odds are plus (+), that amount of money would be earned on a successful $ wager. . The minus sign, on the other hand, represents how much you would have to wager to make $ back. Like on the point spread, when looking at the. A positive odds number, meanwhile, indicates the amount of money you'd make with a $ bet. For example, if you wanted to bet on the Kings as + underdogs.
Photo: what does plus and minus mean in sports betting

The plus and minus in betting refer to American betting odds or the point spread. Understanding what these symbols mean makes it easy to. Odds Terms To Know · Positive Odds: The plus sign preceding the on the odds above shows the odds are positive. · Negative Odds: The minus sign preceding the. What Do the + and what does plus and minus mean in sports betting Mean in Sports Betting? In American sports betting, odds are typically expressed with a plus (+) or minus (–) symbol followed by a number. If you see a plus sign, your payout will be more than % of your initial investment. The minus sign on a ML bet also indicates the team is.

Deciphering the Meaning of Plus and Minus in Sports Betting

As avid sports enthusiasts and bettors, we often come across terms such as plus and minus when delving into the world of sports betting. These symbols, which hold significant importance in betting markets, can sometimes leave us puzzled about their exact connotations. Let's unveil the essence of plus and minus in sports betting to take our wagering game to the next level.

The Significance of Plus ( ) in Sports Betting

Plus ( ) signifies the underdog status in a sports matchup. When you encounter a plus sign next to a team or player's odds, it indicates that they are not favored to win. In the world of betting, this symbol serves as a beacon for potential value, offering the opportunity to reap greater rewards by wagering on the underdog. For instance, if a team has odds of 300, a bet of $100 could yield a profit of $300 if the underdog emerges victorious.

Decoding the Meaning of Minus (-) in Sports Betting

Minus (-), on the other hand, symbolizes the favorite in a sporting event. Teams or players with minus odds are expected to clinch the victory based on the bookmakers' assessments. While betting on the favorite may result in lower returns compared to wagering on the underdog, it offers a higher probability of success. For instance, if a team has odds of -200, a bet of $200 is required to gain a profit of $100 if the favored team triumphs.

Putting it into Perspective with an Example:

Matchup Team A Team B
Odds -150 120

In this scenario, Team A is the favorite with minus odds of -150, indicating a higher likelihood of success but requiring a larger wager for a smaller profit. Conversely, Team B is the underdog with plus odds of 120, presenting a chance to earn more significant returns with a lower initial investment if they manage to pull off an upset victory.

Final Thoughts

Understanding the nuances of plus and minus in sports betting is paramount for making informed wagering decisions. By grasping the implications of these symbols, bettors can navigate the intricate web of odds and probabilities in the sports betting realm with greater confidence and acumen.

What Does Plus and Minus Mean in Betting? Explained by Betting Experts!

Is it better to be plus or minus in betting? The odds for favorites are accompanied by a minus (-) sign and indicate the amount you need to stake to win $100. Conversely, the odds for the underdogs are accompanied by a positive (+) sign and indicate the amount you might win for every $100 you stake.

What does +\- mean in sports betting? favorites and underdogs

SPORTS BETTING

Caesars Promo Code. DraftKings Promo Code. Go to DraftKings. Bet Review. BetMGM Review. FanDuel Review. Caesars Review. DraftKings Review. Read Also. Need to have 1x2 betting explained. Sports Betting Spread Explained What is the spread in sports betting. What are Betting Lines. Looking to have betting lines explained?

Top Betting Sites. Top Betting Bonuses. Go to Sports Betting Comparison. What does plus and minus mean in sports betting Go to Sports Betting Bonus Comparison. Show More. Sign Up Now. Latest Reviews. State Gambling Guides. About PromoGuy. As known from:. Our Sports Pros recommend these awesome sports betting sites this week. The bonus offer of was already opened in an additional window. But there are also daily fantasy sports DFS , where the group of players you select only competes for a single game.

Want more. Photo: what does plus and minus mean in sports betting Check out our guides to Fantasy Football and Fantasy Hockey. Would you like us to take you to the US site, or do you want to stay on the Canadian site. We thought you might be. Sign up for our free 4x-weekly newsletter to get "the gist" of what's going on in the sports world in less than 5 minutes. Sports Betting Glossary. Sports Betting. No sweat. A moneyline bet, the most basic bet in sports gambling, is simply picking the winner of a game.

For example: You bet on the Golden State Warriors moneyline; if they win, you win. If they lose, well…you get the picture. Pro tip: Think of it like a bet on the underdog has the chance to win you more money ie. Alternatively, you can bet the spread. If you bet on the Sharks, you win your bet if: a The Sharks win the game. Note: The money line is used in conjunction with the point spread.

All teams must win to win the bet. Hockey parlays are figured out by calculating the payout for the first game, based on the money line, then applying that amount to the next game and so forth. Thanks to satellite feeds from racetracks around the nation, Las Vegas is a sort of nirvana for horse racing bettors or "horseplayers," as they are sometimes called.

Because there are so many tracks to choose from, in Las Vegas race books it is usually necessary to identify which track you want when you place your bet. For example, tell the ticket writer, "Churchill Downs, eighth race, five dollars to win on No. Otherwise, betting procedure in the race book is the same as at the track: For you to collect on a "win" bet your horse must win the race, to collect on a "place" bet he must finish first or second, and to collect on a "show" bet he must finish first, second or third.

Betting a horse "across the board" is really three separate bets: one to win, one to place and one to show. Hitting an "exacta" entails picking the first two finishers in a race in the correct order; a "quinella" is the first two finishers in either order.

A "trifecta" is the first three finishers in exact order; a "trifecta box" is the first three in any order. A "superfecta" is the first four finishers in exacta order. A "daily double" is a wager that calls for picking the winners of two consecutive races. A "daily triple" entails picking the winners of three consecutive races.

And a "Pick Six" calls for picking the winners of six consecutive races, an extremely difficult feat that is usually rewarded with an enormous payout. In Las Vegas, race books frequently offer promotions such as free contests with cash prizes, special house-banked betting pools that grow larger if no one hits them for a few days or horse racing tournaments.

Rules and details vary greatly by casino so be sure to shop around to find those that appeal to you. Nevada sportsbooks are not permitted to accept wagers on presidential elections, the Academy Awards or the winner of the TV show "Survivor. They are not real betting lines.

Under state law, wagers must involve the outcome of "athletic contests" rather than elections or votes of any kind. Even so, "wacky" proposition bets can sometimes be found in Las Vegas sportsbooks. They are often linked to the Super Bowl or another major sporting event. For instance, in Super Bowl XXXV gamblers could bet on whether the Ravens would score more touchdowns than the Chicago Blackhawks scored goals on Super Bowl Sunday -- and that was just one of countless "wacky" propositions.

As another example, to generate interest in Monday Night NFL games, many sportsbooks offer odds on which player will score the first touchdown in the game. Where is the best place to bet on sports online These "wacky" bets can be lots of fun, but odds and details vary tremendously by casino, so read the fine print before getting involved. Please click here if you are not redirected within a few seconds.

Search Las Vegas Shows Start date. End date. This guide is provided for informational purposes only. This is not a betting site. Auto racing Betting on auto racing has exploded in popularity in Vegas in recent years, and its appeal continues to grow. Driver Odds Jeff Gordon Jeff Burton Casey Atwood Auto racing matchup propositions also are available, in which two drivers are paired against each other in a head-to-head wager, with a betting line on each driver set by the oddsmaker.

Baseball To bet on baseball, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager. Example: Pitcher listed is starting pitcher Bet Num. You have just seen an example of a dime line. Braves Dodgers Braves Dodgers Even You can arrive at the underdog's price by looking at the favorite's line.

Total: Total runs scored in a game. Example: Bet Num. Baseball Parlays You may combine several teams into one wager. Listed pitcher s option When making a baseball bet, you are betting team vs. Basketball To bet on basketball, tell the ticket writer the bet number of the team you wish to bet, with the point spread, and the amount you wish to wager.

This is called a straight bet. Example: Bet No. Team Line Total Bulls -3 Lakers Note: The bottom team is always listed as the home team unless otherwise noted. Total: Total points scored in a game. The following are approximate odds: 2 teams 3 teams 4 teams 5 teams 6 teams 7 teams Any game that results in a push reduces the parlay one team.

Basketball Teasers: A wager that improves the point spread, but at reduced odds. The following are approximate odds: Number of teams 4 points 4. A draw on a straight bet will refund your bet. What does plus and minus mean in sports betting Football To bet on football, tell the ticket writer the bet number of the team you wish to bet, with the point spread and the amount you wish to wager. A straight bet is the most common type of football bet.

Team Line Jets Dolphins -6 Note: The bottom team is always listed as the home team unless otherwise noted. If the Dolphins win by exactly 6 points, the wager is declared a push and all money is refunded. Bet No. Football Parlays: More than one team on the same bet.

Football Teasers: A wager that improves the point spread, but at reduced odds. Teasers cannot be straight bets. The following are approximate odds: Number of teams 6 points 6. Golf Among Las Vegas gamblers, golf is considered one of the two fastest-growing sports to bet on auto racing is the other.

In head-to-head matchup propositions, both golfers must tee off for action.