What Do the Pluses and Minuses Mean in Sports Betting?
Unless a game features a minus sign, you might be wondering what the pluses and minuses mean in sports betting. The pluses are often used to represent the favorite in a matchup, while the minuses denote the underdog. Here’s an example: The Cowboys are the -7-point favorite, while the Packers are the +7-point underdog. If you bet $100 on the Cowboys, you’ll be able to win your bet. If, on the other hand, you’ve placed a $100 bet on the Packers, you’ll lose your bet and make no profit.
Those looking to make a profit from sports betting should know that there are many different types of wagers. The most common is spread betting, which is based on statistical models and the betting market. A spread bet means betting on the total points scored by both teams. You’ll need to know whether the combined score is greater or lower than the total. You can find the total scores by researching the odds of the game in the sportsbook.
The pluses and minuses also refer to the favorite and underdog of the match. When a favorite wins, its odds are higher, and its payout is smaller than the underdog’s. When betting on a game, you should keep in mind the spread and the odds of each team winning. In this way, you can choose a team that is favored by more than 10%, but whose point spread is greater than three-quarters of the total.
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