In this article, we’ll look at What does the + and – mean in sports betting, how they work, and how to use them to your advantage. We’ll equally answer some common questions about sports betting odds.
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When diving into the world of sports betting, one of the first things you’ll notice is a sea of numbers accompanied by plus (+) and minus (-) signs. These symbols are not mere mathematical notations but are, in fact, the gateways to understanding the odds, potential payouts, and overall dynamics of the wagering world.
The plus and minus signs play a pivotal role in breaking down the probabilities and potential returns of a bet. Whether you’re looking to bet on the underdog or the favourite, these signs can guide your decisions, influence your strategy, and shape your overall betting experience.
What does the + and – mean in sports betting odds?
The + and – signs in sports betting odds show whether a team is the favourite or the underdog. A team with a – sign in front of their odds is the favourite, while a team with a + sign in front of their odds is the underdog.
How does +/- work in sports betting?
The + and – signs in sports betting odds also indicate how much money you would win or lose on a bet. For example, if a team has -200 odds, it means that you would have to bet $200 to win $100. If a team has +200 odds, it means that you would win $200 for every $100 you bet.
What is +1.5 in betting?
A +1.5 spread in betting means that the underdog is given 1.5 points. This means that the underdog can lose by up to 1 point and still win the bet.
What does a +4.5 mean in betting?
A +4.5 spread in betting means that the underdog is given 4.5 points. This means that the underdog can lose by up to 4 points and yet win the bet.
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What does +3 mean in sports betting?
A +3 spread in betting means that the underdog is given 3 points. This means that the underdog can lose by up to 2 points and yet win the bet.
What is a minus spread?
A minus spread is the opposite of a plus spread. It means that the favourite is given a certain number of points. This means that the favourite must win by more than the spread in order to cover the bet.
What does a +7.5-spread mean in basketball?
A +7.5 spread in basketball means that the underdog is given 7.5 points. This means that the underdog can lose by up to 7 points and yet win the bet.
How to use +/- to your advantage
You can use the + and – signs in sports betting to your advantage by understanding how they work. For example, if you see a team with +200 odds, you know that they are the underdog and that they have a good chance of winning. If you are confident in the underdog, you can bet on them at +200 odds and potentially win a lot of money.
Of course, there is no guarantee that the underdog will win, even if they have +200 odds. However, understanding the + and – signs in sports betting odds can give you a better opportunity of winning your bets.
Conclusion
Understanding the meaning of the + and – signs in sports betting is crucial for making informed wagers. Whether you’re betting on the favourite or the underdog, these symbols provide valuable information about the odds and potential outcomes of your bets. Keep this guide handy as you venture into the exciting world of sports betting, and may your bets be ever in your favour.
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FAQs:
Q: What are the different types of sports betting odds?
A: There are three main types of sports betting odds: moneyline, point spread, and totals.
- Moneyline odds are the simplest type of odds. They simply indicate which team is the favourite and which team is the underdog.
- Point spread odds are more complex. They indicate how many points the favourite must win in order to cover the bet.
- Totals odds indicate the total number of points that will be scored in a game.
Q: How do I convert American odds to decimal odds?
A: To convert American odds to decimal odds, you can use the following formula:
Decimal odds = (American odds / 100) + 1
For example, if a team has -200 odds, the decimal odds would be 2.5.
Q: How do I convert decimal odds to American odds?
A: To convert decimal odds to American odds, you can use the following formula:
American odds = (Decimal odds – 1) * 100
For example, if a team has 2.5 decimal odds, the American odds would be -200.
Q: What is the best way to learn about sports betting?
A: A great way to learn about sports betting is to read books and blog posts about the topic. Many websites offer sports betting advice and tutorials.