The underdog
If the spread is set at +7, the underdog must either win the game outright or lose by fewer than seven points in order to cover. For the favorite to cover, they must win by more than seven points.
What do the odds +/ mean in betting?
A plus (+) represents longer odds, in which case you'll win more for your wager, while a minus () means you're betting on a more likely outcome (as deemed by the sportsbook) and will win less when you emerge victorious. For example, $100 on +110 odds wins you $110, while $110 on 110 odds wins you $100.
What does plus 200 odds mean?
They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 net profit + $100 initial stake).
What do negative odds mean?
Odds with a negative () symbol indicate the betting favorite. The number that follows the negative symbol (the odds) reveals how much to bet for every $100 you want to win. For example, as explained above, if the team you're betting has 110 odds, you need to wager $110 to win $100.
What does a minus 7 spread mean?
If the Titans are a 7point favorite over the Jaguars, it'll be presented as “7″ at your sportsbook. That means the Titans need to win by more than seven points for you to cash your: Titans 7. The “minus” 7 is because you take their score at the end of the game and subtract seven points from it.
How do odds work in football?
Football betting odds explained
Odds serve as a representation of the relationship between your wager and the potential winnings for a specific outcome. These odds are determined by bookmakers and if you decide to bet on a particular outcome, you will use these odds to calculate your potential payout.
What do +7 odds mean?
If you bet the Cowboys 7 and they win by more than seven points, you win your bet. Similarly, if you bet the Packers +7 and they lose by less than seven points or win outright, you win your bet.
Frequently Asked Questions
What is the 80 20 rule in betting?
The 80/20 NFL Rule refers to games where a home underdog is receiving 20% or fewer of spread bets (using Sports Insights' NFL Betting Trends Data). Our original article showed that through October 24 this NFL season, 12 games fit into the 80/20 system.
How much of my money should I bet?
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.
Are 20 to 1 odds good?
What 20to1 means: When you see 20to1 odds, you're looking at a long shot that is unlikely to win. In fact, the implied win probability for a team that's 20to1 is 4.76%. However, should that long shot come in, it would pay out $20 for every $1 wagered.
How do you find the edges of a sports bet?
By looking back at the bets you have made over time and breaking them down into types – the sport they are on, the type of bet, whether they are on underdogs or favorites, and so on – you can start to see the kind of bets which regularly give you an edge, and the ones in which the oddsmakers clearly have an edge over
How do sports books come up with odds?
Sportsbooks typically have a head oddsmaker overseeing the odds and lines for games. This oddsmaker relies on sources such as computer algorithms, power rankings and outside consultants to set prices.
What does a +200 money line mean?
They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 net profit + $100 initial stake).
Why do odds have half points?
A 4point spread could increase to 4.5 if a lot of money is being poured onto the favorite. The halfpoint gives the underdog a wider range to lose by. If too much money is on the underdog, that 4point spread could shift to 3.5, making it easier for the favorite to cover.
How do you read football odds ratio?
For example, if the odds are 120, it means that a bettor must wager $120 to win $100. When odds are expressed as a positive number, it indicates the amount of money that can be won by wagering $100. For example, if the odds are +150, it means that a bettor can win $150 by wagering $100.
What does +1.5 mean in football odds?
The 49ers are the +1.5 underdog in this game, meaning oddsmakers believe they will lose, but only by a point. To win this point spread bet with the 49ers, San Francisco would need to win the game outright or lose by one point exactly. If they lost by two points or more, this bet would lose.
How does 2 to 1 odds mean?
For example: 2/1 odds means you'll win $2 for every $1 you bet. A $100 bet at 2/1 odds would win $200, for a total payout of $300.
FAQ
 What does it mean when a team is favored by 1.5 points?
 A +1.5 spread is commonly seen in baseball betting, the standard “runline” for MLB. This spread means the underdog must win outright or lose by exactly one run to cover the spread. Alternatively, a 1.5 spread means that the favorite must win by at least two runs. Many baseball games are decided by fewer than two runs.
 Why is there a .5 in betting?
 In this example, if the game lands exactly on a final margin of 3 points, it's a push, and you get your money back. Neither you nor the book wins the bet. That's why sportsbooks will often add "the hook" (. 5) to a point spread — to avoid such ties.
 What is the 1 2 in football betting?
 The first number represents the halftime outcome (1 = Home team wins, X = Draw, 2 = Away team wins), and the second number represents the fulltime outcome. Example: Let's say you bet on 1/2. This means you're predicting that the Home team will be leading at halftime and will also win the match at.
 What does 1 2 mean in betting odds?
 Basic Odds Understanding This means that you need to bet one unit to win two back. Odds of 4/1 means that you bet one unit to win four back. Then you have oddson prices such as 1/2. In this scenario, you would need to bet two units to win one back.
 Why do betting lines have half points?
 A 4point spread could increase to 4.5 if a lot of money is being poured onto the favorite. The halfpoint gives the underdog a wider range to lose by. If too much money is on the underdog, that 4point spread could shift to 3.5, making it easier for the favorite to cover.
 What does +1.5 mean football?
 The underdog The 49ers are the +1.5 underdog in this game, meaning oddsmakers believe they will lose, but only by a point. To win this point spread bet with the 49ers, San Francisco would need to win the game outright or lose by one point exactly. If they lost by two points or more, this bet would lose.
 How much do you need to win by if the spread is?
 Point spreads involve a winning margin. If you bet on a favorite, they need to win by more than the assigned spread. For example, if a spread is (7.5) points, your team needs to win by eight or more. If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win.
 How do you win if you bet the money line?
 Moneyline and point spread wagers differ in one significant way: moneyline bets are decided by the outright winner while point spread wagers consider the final margin of victory. With the moneyline, you're betting on a team or person to emerge victorious. If that team or person wins, you win your bet — simple as that.
 What percentage of bets do you have to win?
 In order to break even when betting on spread sports (considering standard 110 juice), a bettor must win 52.38% of the time. Anything above 55% is considered to be highly profitable.
 What does negative betting line mean?
 What Does It Mean When Odds Are Negative? Negative numbers (in American money line odds) are reserved for the favorite on the betting line and indicate how much you need to stake to win $100—you generally need to put down more to win $100 on the favorite.
How to find out what side the book take on a sport betting line
Do you win if the spread is 3?  On the other side of the bet, if a bettor chooses the underdog (+3), that team must either upset the favorite and win the game or lose the game, but by fewer than 3 points for the bettor to be successful. 
How do I find good sports bets?  Winning Strategies: Mastering the Art of Sports Betting

How do you find profitable sports bets?  Basic Sports Betting Strategies

How do you find good value sports bets?  Calculating Value Bet Odds and Probabilities

How does Vegas come up with sports odds?  Oddsmakers will set the lines according to the implied probability of either outcome happening. The sum of the probabilities exceeds 100%, as sportsbooks take a small cut on both sides of a line. Second, sports betting odds dictate how much money a bettor needs to wager to make a certain profit. 
What is the gambling system that never loses?  Since a gambler will almost surely eventually flip heads, the martingale betting strategy is certain to make money for the gambler provided they have infinite wealth and there is no limit on money earned in a single bet. 
Why are betting odds so confusing?  Using $100 as a base bookmakers use a positive number to represent odds that are greater than EVENS while a negative number is used to represent odds that are worse than EVENS. +150 means that a $100 bet will return $150. 150 means you must stake $150 to win $100. 
Why are odds and lines different on different sites?  This is because sportsbooks use different algorithms to calculate odds and have varying opinions on the likelihood of certain outcomes. For this reason, it's important to shop around and compare odds across multiple sportsbooks before placing your bets. 
Are odds always correct?  According to leading gambling expert Professor Leighton Vaughan Williams of the Betting Research Unit at Nottingham Trent University, comparisons with actual results show that odds shorter than around 21 do tend to be reasonably accurate. 
Why are some betting odds negative?  What Does It Mean When Odds Are Negative? Negative numbers (in American money line odds) are reserved for the favorite on the betting line and indicate how much you need to stake to win $100—you generally need to put down more to win $100 on the favorite. 
 Are odds misleading?
 Unfortunately, there is a recognised problem that odds ratios do not approximate well to the relative risk when the initial risk (that is, the prevalence of the outcome of interest) is high. Thus there is a danger that if odds ratios are interpreted as though they were relative risks then they may mislead.
 How do casino odds work?
 When odds are expressed with a plus (+) or minus (–) symbol followed by a number. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 net profit + $100 initial stake).
 Does odds mean more likely to win?
 If the odds are low, it means that the outcome is considered more likely to happen. For example, if the odds are 1.5, there's a higher chance of that event occurring. On the other hand, if the odds are high, like 10, it suggests that the outcome is less likely.
 What do gambling odds mean?
 In simple terms: Odds with a “” indicate what you'd need to bet to profit $100. Odds with a “+” indicate how much you'd profit with a $100 bet.
 What's the best odds to win in a casino?
 What casino game has the best odds? Video poker can provide the best odds in a casino, depending on the version of the paytable. However, blackjack is generally regarded as having the best casino odds when using basic strategy. This can help lower the house edge to around 0.50%.
 What does it mean by 1 2 in betting?
 Simple enough, the 1×2 meaning is related to wagering on the outcome of a particular game. In other words, your task is to predict whether the match finishes in a home win, away win, or draw. Moreover, ''1'' represents the home win, ''X'' stands for a draw result, and ''2'' refers to the away win.
 What does 1 2 goal mean in betting?
 Half goal (1/2 goal) works similarly to Asian Handicap, just that all their virtual advantages and disadvantages are either in whole numbers or have decimal places of 0.5. This means that there's no such thing as winning half your bet.
 What do betting odds of 1 2 mean?
 Basic Odds Understanding This means that you need to bet one unit to win two back. Odds of 4/1 means that you bet one unit to win four back. Then you have oddson prices such as 1/2. In this scenario, you would need to bet two units to win one back.
 What does minus 1 2 mean in betting?
 Minus numbers represent that your winnings will be less than what you bet (if you win), while plus numbers represent scenarios in which you'll gain more than your amount wagered (if you win).
 What is 0.5 in betting?
 In sports betting, “under 0.5 goals” refers to a betting market where the objective is to predict that the total number of goals scored in a match will be zero. This means that if you place an under 0.5 goals bet, you will win only if the match you bet on ends with no goals scored by either team.