If you’ve been betting on sports for a while, you’re probably familiar with the minus “-” and plus “+” symbols used in NFL lines. This can be difficult to understand for beginners when they first visit top betting sites like BetUS. Let’s look at what they mean and how it affects your bets.
The Minus (-) Represents the Favorites
The minus sign is used in sports betting to represent the favourites, when choosing a gambling portal, check these reviews before deciding. A favourite is a team or individual competitor that’s more likely to win a game than the competitors.
The Plus (+) Represents the Underdogs
The plus sign is a representation of the underdog in sports betting. This symbol can be seen against teams that haven’t played consistently due to injuries or inexperience. In these games, the plus sign symbolises more potential for an upset and, therefore, more risk in placing bets on the underdog.
Are Betting Odds Represented the Same Way in All Sports?
Betting odds are represented in different ways depending on the sport. For example, betting odds for horse racing are expressed as a percentage. If a horse is quoted at 4-5, the winning payout would be $4 for every $5 wagered.
In the NFL, NBA and MLB, betting odds are expressed as moneylines or spreads. Moneylines represent how much you have to risk to make a profit of $100. For example, -105 means you must risk $105 to win $100. A spread is simply the difference between the two teams’ final scores. You can bet on whether a team will win by more or less than their spread. For example, if Team A’s spread is +7, and they win 23-10, you would have won your bet. If the spread is -7 and Team A wins 7-0, you would lose your bet.
Is It Difficult to Calculate Sports Odds for a Beginner?
The answer is yes and no. If you have no idea what you’re doing, it isn’t easy to calculate sports odds. On the other hand, if you have a basic understanding of calculating them, it’s not so bad.
To calculate sports odds, you need to know some basic math: addition and subtraction. You also need to understand how to use those calculations concerning sports betting. When it comes down to it, sports betting is just like any other type of gambling; you’re putting money on something that may or may not happen. The only difference is that we’re talking about sporting events instead of slot machines or roulette tables in this case.
Conclusion
If you’re new to sports betting, it can be fun to try understanding odds and how they work. We have tried to provide a little help to make you understand how sports betting works and what you should look at when you start betting on games.