sports betting what does plus minus mean

What you’re looking at are American odds. At first glance, it can be pretty intimidating and you wouldn’t be the first person to give up right then and there. Some of these numbers have the plus symbol in front of them and others have minuses. So, in this case, you would realize a total profit of $160 if you bet $100 on the Lions at +160.Īgain - American, decimal and fractional odds all tell the same story, just expressed differently.For a first-time sports gambler, checking out odds and betting lines in a casino sportsbook can leave you feeling less than confident.Īll you want to do is make a simple bet but all you can see are an assortment of team names with numbers next to them, all of which, for some reason, are 110 or higher. In this case, the number represents the total amount of PROFIT that you would realize if you bet on the Lions and they won. Your odds might look something like this: So, let's say that you wanted to bet on the Detroit Lions to beat the Green Bay Packers in the example listed above. On the other hand, an odds number with a 'plus' in front of it means that the team or player is an underdog. So, a -450 number would mean that you would have to bet $450 in order to win $100 in profit back.

This means that you would have to bet $200 on the Packers in order to win $100 back.Īnytime you see odds with a minus in front of it, take the number and that is what you would need to bet in order to win $100 in profit. You want to bet on the Packers on the money line, and you see some odds that say this: You want to bet on the Green Bay Packers to defeat the Detroit Lions at home. So, let's break down some examples for you: If you see a 'plus' symbol before a set of odds, this means that the team (or person) is an underdog to win. In short - if you see a 'minus' symbol before a set of odds, this means that the team (or person in an individual sport) is a favourite to win. These numbers all mean the same thing - just expressed differently. Decimal odds are frequently used at European facing sportsbooks, while American odds are mainly used at offshore books that target Americans, as well as US-based brick-and-mortar casinos. There are three different ways to express odds when it comes to sports betting - American odds, fractional odds and decimal odds. What you are seeing in these numbers is something called 'American odds'. If you have ever bet on sports, you have likely come across numbers that look something like this: A Look at 'American Odds' Published on January 8th, 2020 12:56 pm EST

Sports betting what does plus minus mean