What does +/- mean in gambling?

These are ubiquitous symbols across the industry in North America. The “+” and “-” are put in front of odds or lines, indicating the favorites and underdogs. The favorites will be marked with a minus sign, whereas underdogs get the plus sign.

What do +/- mean in odds?

The Money Line: Odds for a game based on $1. A "minus" (-) preceding the number indicates the team is a favorite. A "plus" (+) preceding the number indicates the team is an underdog.

What does a minus spread mean?

In the simplest terms, a negative spread indicates the favorite, which is the side that's expected to win the matchup. A negative point spread really means that 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.

What does minus mean on Moneyline?

The negative number shows how much has to be risked to win a $100 payout. Thus, if the money line for the team that you picked was -400, it means that if you placed a successful $400 bet, you would gain $100 on payout. This means that the bettor would have risked $400 and ultimately gained $100.

How do minus bets work?

The minus sign shows you which team is favored. When you bet on the favorite you get worse payout odds on your bet since they're more likely to win. The team with a negative number (like -110) is the favorite. The number next to the minus sign is the amount you must bet to win $100 in profit.

Understanding Betting Odds in 5 Minutes

How does a negative bet work?

The number that follows the negative symbol (the odds) reveals how much to bet for every $100 you want to win. For example, as explained above, if the team you're betting has -110 odds, you need to wager $110 to win $100. If your team has -150 odds, you must risk $150 to win $100.

Is a negative moneyline good?

A moneyline bet is where you pick the winner of an event or game. The odds shift based on the expected performance. Negative odds indicate favorites, and underdogs have positive odds.

What does minus 1.5 Spread mean?

The team with -1.5 is the favorite, while the team that is +1.5 is the underdog. In this particular spread, the two teams are pretty close. Point spreads can vary, but this is one of the most common point spreads. It essentially means that the underdog pays out as the winner, but also if they only lose by one.

What does a +7 spread?

What Does a +7 Spread Mean? A +7 spread is very commonly seen in the NFL due to the scoring of a touchdown and a successful extra point. It can be seen in other sports, as well. If the spread is set at +7, this means that to cover, the underdog must either win the game outright or lose by fewer than seven points.

What does +140 mean in odds?

Let's say Team A has odds of +140. This would mean that you'd get $140 if you bet $100 and your team wins. If Team B has -140, it means you'll have to bet $140 to win $100.

How do you read Vegas odds?

As stated, a negative number means the bookie sees the outcome as more likely. The number gives you how much you would need to bet to win $100 in profit. A positive number indicates the underdog. The number shown in the betting odds tells you how much you would win if you bet $100.

How do you read over under odds?

A bet on the over means you think both teams will combine to score more goals, points, or runs than the total listed. Conversely, an under bet means you think there will be less than the total listed. It's that simple.

What is a minus 5 spread?

For example, if a spread is (-7.5) points, your team needs to win by eight or more. If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win. For example, if a spread is (+5.5) points, your team can lose by 5 or fewer or win outright.

What is a minus 6 spread?

Let's say Team A is -6.5 and Team B is +6.5. The minus means that Team A is the projected favorite and the plus means that Team B is the underdog. With Team A, they'll have to win by 7 or more points for you to win your bet and Team B will need to win or lose by less than 7 for you to win your bet.

What does spread minus 9 mean?

The negative value -9 indicates the Giants are favored by 9 points. The positive value (+9) indicates the Jets are underdogs of 9 points. To place a bet on the favored Giants means they must win by at least 10 points to cover the spread. The underdog Jets can lose by eight points and still cover the spread.

Is negative or positive spread better?

When reading a game line, negative points are for favorites, while a positive spread is for the underdog. To visualize, consider the following odds from Super Bowl 57. Due to the question of which side will ultimately cover the listed spread, the game becomes that much more engaging from a betting perspective.

How does a +7.5 spread work?

If you bet on them to win, they must beat the opposing team by at least 7.5 points. On the opposite side of the wager, the New England Patriots are the underdog to win. To beat the spread, they must close the point gap to within 7.5 points or win outright.

How do you calculate minus odds payout?

To figure payout on negative odds, take the number from the negative line and divide it by 100. Continuing with our example, that would be 770/100=7.7. Then divide your wager by that number, which would be 50/7.7=6.49. That only shows what your profit would be on this bet.

What does the negative mean on a parlay?

In this example, the negative number indicates the favorite, while the positive number indicates the underdog. Let's say you bet on the Spurs to cover the spread. For your bet to be successful, the 76ers need to win by at least 2 points. If not, the gamblers who bet the point spread on the Spurs would win.

What is a minus 200 bet?

For favored bets, the bet odds will start with a negative number and they tell you how much you need to bet to win $100. If the odds are -110, a common number for a bet involving a spread, you would need to bet $110 to win $100. If your odds are -200, you would need to bet $200 to win $100.

What does minus 3 point spread mean?

The point spread is the expected final score difference between two teams. It is represented as both a negative and positive number; if the spread is 3 points, you'll see that as both -3 and +3. The team that is the favorite to win gets the minus-number (-3); the underdog gets the plus-number (+3).

What is a +4 spread?

Cincinnati was a 4 point underdog. This appeared as Bengals +4. That means the Bengals would have needed to win the game outright or not lose the contest by 5 points or more. The final score was Rams 23, Bengals 20, so bettors who bet Bengals +4 would have won their bets considering Cincinnati only lost by 3 points.

What is an over under bet example?

Over-Under Bet: An Example

This means that you would be betting $1.10 for every $1 you want to win. And you'll win if you correctly predict that the total points scored will be less or more than 8. This will be displayed as -110 odds. The same ratio holds for all bets, so if you bet $11, you'll win $10.

What hits more over or under?

If games went over or under much more often than the other, sports betting would be easy, wouldn't it? The betting market is pretty good at creating accurate totals to split both sides 50/50. But in most sports, games do go under slightly more often. It's not enough to beat the vig and be blindly profitable, though.

Is it smarter to bet over or under?

The bettor interested in an over/under wager must guess whether the teams will combine to score more than 46.5 points or fewer. If you think it's going to be a lower-scoring game, you will want to bet the Under. If you think it'll be a higher-scoring game, you should bet the Over.