What does plus or minus mean in sports betting

If you see a plus sign, your payout will be more what does plus or minus mean in sports betting % of your initial investment. The minus sign on a ML bet also indicates the team is. A plus sign (+) before a team's odds indicates they're the underdog, while a minus sign (-) indicates they're the favorite. Pro tip: Think of it like a bet on. These vigorish numbers are all based around $ A minus-number is what you have to risk to win $, plus your original bet back. A plus. What does it mean to cover the spread? In conversations about sports betting, you may hear someone say that a team “covered the spread” (or.

The Meaning of Plus or Minus in Sports Betting

When it comes to sports betting, understanding the terminology is as crucial as predicting the outcome of a game. One common phrase you'll often come across in sports betting is "plus or minus," which can sometimes confuse novice bettors. Let's break it down in the context of sports gambling and explore what this term signifies.

In sports betting, the terms "plus" ( ) and "minus" (-) indicate the point spread or odds assigned to a particular team or player. When you see a plus sign ( ) preceding a number, it means that team or player is the underdog in the matchup. On the flip side, a minus sign (-) indicates the favorite for the given event.

For instance, if you see a team with a 150 next to their name, it means that team is the underdog, and a $100 wager on them would yield a $150 profit if they win. Conversely, if a team has odds of -200, they are considered the favorite, and a $200 bet would be required to win $100.

Understanding these plus and minus signs is essential for interpreting betting lines accurately. It helps bettors assess the implied probability of a team winning and decide whether a wager is worth the risk based on the odds provided.

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

Is negative spread good or bad? In the simplest terms, a negative spread indicates the favorite, which is the side expected to win the matchup. A negative point spread really means the team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread.

Sports Betting Glossary

There are various ways to participate in fantasy sports, most commonly by drafting a team that competes across an entire season. Much like your Fantasy Bachelor Draft. But there are also daily fantasy sports DFS , where the group of players you select only competes for a single game. Want more. 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. High risk, high reward. What does plus or minus mean in sports betting So if the Green Bay Packers were favored by 4 that would read as Packers -4 and won by 5, they covered the spread and turned a profit for those who bet on the spread.

Blame it on the juice , indeed. A bet considered to be a sure thing. The reason the payout is bigger is because the chances of both of those bets winning is much smaller. Remember: the less likely an outcome, the more money you could make. The bet is treated as if the postponed game were never included in the parlay. Simply ask the betting attendant at your favorite sports book what your payout would be before placing the bet.

When making a baseball bet, you are betting team vs. You have the option to specify that either or both listed pitchers must start the game. Since baseball odds are determined on starting pitchers, any late pitching changes often force an adjustment in the odds. This will increase or decrease the payout on a winning ticket. However, if you list starting pitchers, and your pitcher doesn't start, then the bet is refunded.

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. The Point Spread: When betting on basketball, the team you bet on must "cover the spread. The point spread is always placed to the immediate right of the team that is favored. In this example, if you bet the Bulls, the Bulls must win by 4 points for you to win your bet.

If you bet the Lakers, any of the following will declare you a winner. If the Bulls win by exactly 3 points then the wager is declared a push and all money is refunded. Point spreads change constantly. The listed point spread the time you make your bet may be different from the point spread when the game starts. The point spread that is listed on your ticket is your official spread.

It makes no difference which team covers the spread. Simply add the final score of each team. You may combine several teams into one wager. Odds and the number of teams vary from casino to casino. The following are approximate odds:. Any game that results in a push reduces the parlay one team. A two-team parlay would become a straight bet. This increases the probability of winning your bet but decreases the odds of the parlay.

Odds and the number of points available to "tease" vary from casino to casino. To bet on boxing, tell the ticket writer the bet number of the boxer you wish to bet and the amount you wish to wager. Boxing odds are shown using a "Money Line. A "minus" - preceding the number indicates a favorite. Tyson is favored to win the bout.

Boxing matches often feature money line proposition wagers on knockouts, draws, rounds and the duration of the fight. Odds vary on each fight. 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. The point spread: When betting on football, the team you bet on must "cover the spread.

If you bet the Dolphins, the Dolphins must win by 7 points for you to win your bet. If you bet the Jets, any of the following will declare you a winner. The listed point spread at the time you make your bet may be different from the point spread when the game starts. In some cases, bettors have the option to discard the point spread and bet on which team will win. This is called betting on the "Money Line".

Sports books offer a number of different cards, each one having different rules. Rules for parlay cards are placed on the back of each card. Read them carefully before wagering. Can you bet on sports in arizona casinos The cards are simple to fill out. Simply darken the boxes, or circles, that apply to the teams you wish to parlay.

Then darken the amount you want to bet. Sportsbooks offer bettors the opportunity to wager on the outcome of a season -- for example, which team will win the Super Bowl or the Stanley Cup or the American League East pennant. This is known as "futures book" or "future book" betting.

As an illustration, let's look at Super Bowl futures. For example, the Ravens may be , the Redskins , the Cardinals , etc. It does not matter whether your team covers the point spread in the Super Bowl. For the purposes of future book betting, the team has to win only the Super Bowl. When you make a futures bet, your odds are "locked in. Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup.

In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day. Some sportsbooks offer futures betting on unusual propositions, such as which major league baseball player will hit the most home runs in the regular season.

Note that in this type of wager, all bets are action regardless of injuries or other unforeseen events. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball. If the Yankees go on to win 94 or more games, the "over" is a winner.

If they win 92 or fewer games, the "under" is a winner. If they win exactly 93, the bet is a push and tickets are refunded. Among Las Vegas gamblers, golf is considered one of the two fastest-growing sports to bet on auto racing is the other. The most basic form of golf betting involves picking the winner of a tournament. Typically a sports book will list 30 or more individual golfers along with a field all others option, at various odds.

Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head-to-head wager, with a betting line on each golfer set by the oddsmaker. The golfer with the better lower score wins the matchup. If one golfer continues play in the tournament after his opponent misses the cut, the golfer who continues play wins the matchup.

For example, a matchup may pit Lehman minus against Jim Furyk plus Some matchups pit one usually very good golfer against two or more others. To determine the winner, take Woods' score and compare with to the best lowest score recorded by the three others. What does plus or minus mean in sports betting If he finishes first, second or third in the tournament, the "under" wins; if he finishes fourth or worse, the "over" tickets cash.

Rules vary by casino, but usually your golfer must tee off in the tournament for "action" meaning once he tees off, you will either win or lose your bet. If for some reason he does not tee off, this is usually considered "no action" and tickets are refunded. To bet on hockey, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager.

If your team covers the goal spread, you win. The payout is based on a "Money Line". When betting on hockey, the team you bet on must "cover the spread. The Red Wings must win the game by at least two goals to be a winner. 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.