sports betting what does plus minus mean

So if you bet $50 on the Pats and they ended up winning the Super Bowl, you’d win $150 (plus your original wager) back.While not as simple to read as decimal or fractional odds at first, American gambling odds become fairly easy to understand once you know how to read them.

If you were betting on the Patriots and their 3/1 odds, you would win $3 for every $1 you spend. If you’re betting on something like the team who will win the Super Bowl in the future, you might see it look like this: Note that you can bet any amount you want, but those numbers are always calculated and posted the same way, either in how much money you would need to wager to win $100 or how much money you could win by wagering $100.

If they’re +150, that means you could bet $100 to win $150. In this case, you would have to bet $200 on the Eagles in order to win an additional $100. The team with a minus symbol is the favorite, and the number is how much money you would need to bet to win $100.

Let’s take that same example above but use moneylines: If you ever see “PK” or “pick” next to a team, it means there’s no spread and you can bet on who will win, no matter what the score is. Your bet all depends on whichever spread you bet on, whether it was when the Eagles were favored by 4.5 or 3.5 points. Perhaps the Eagles’ spread ends up being -3.5 (in which they must win by 3.5 points or more to give you a victory in your bet). Now, sometimes the spread “moves” during the days leading up to the game. Or you can bet that the Giants will either win or lose by LESS THAN 4.5 points. In this case, you can bet on either two outcomes: you can put money on the Eagles to win the game by 4.5 points OR MORE, which makes them the favorites. It would be really easy to bet on a game if you could put money on a heavy favorite to win. As you prepare to dive into the world of sports betting, here’s a breakdown of how the lines work, starting with … Spreads Those numbers can be confounding.īut hopefully, once you’re done reading this, you’ll completely understand how they work. If you’ve stared at a board at a sportsbook or just seen spreads and moneylines on the Internet and been utterly confused, don’t worry. If that sounds like you, we’re here to assist you. “Wait, why does this NFL team have a -235 next to its name? What’s with New England Patriots (-15) vs.

Sports betting what does plus minus mean