In the world of sports betting, there are a plethora of terms and symbols that can be confusing for new bettors. One of the most common symbols that you may come across is the plus and minus signs, also known as plus/minus betting. This type of betting is commonly used in sports betting to indicate the point spread or moneyline odds for a particular game.
So, what exactly do these plus and minus signs mean? Let’s break it down.
First, let’s start with the plus sign. In sports betting, the plus sign (+) indicates the underdog or the team/player that is not favored to win. When you see a plus sign next to a team’s odds, it means that they are the underdog in the matchup. For example, if you see odds that look like +150, it means that you would win $150 for every $100 you bet on that team.
On the other hand, the minus sign (-) signifies the favorite or the team/player that is expected to win. If you see a minus sign next to a team’s odds, it means that they are the favorite in the matchup. For instance, if you see odds that look like -200, it means that you would need to bet $200 to win $100 on that team.
In addition to indicating the underdog and favorite, the plus and minus signs can also be used to show the point spread in a game. When you see a plus sign next to the point spread, it means that the team is the underdog and is expected to lose by that many points. Conversely, if you see a minus sign next to the point spread, it means that the team is the favorite and is expected to win by that many points.
So, next time you come across the plus and minus signs in sports betting, you’ll know exactly what they mean. Whether you’re looking to bet on the underdog or the favorite, understanding these symbols can help you make informed decisions when placing your bets. Plus minus betting may seem complicated at first, but with a little practice, you’ll be able to decipher these symbols like a pro. Happy betting!