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One of the first and most important aspects of sports betting every new player must learn is what the different symbols mean. A plus or a minus can mean different things in different situations. This is explained in more detail below, but the most important thing to be aware of is that negative numbers represent favorites, while positive numbers represent underdogs.
The same is true whether you are looking at a spread or a moneyline, but how these numbers are used is very different. Read on for the complete explanation of each of these concepts. The point spread is the projected number of points that separate two teams. A game with a spread will have a favorite the team expected to win and an underdog the team expected to lose.
In the example above, the point spread is 7 points. Patriots are favored by 7 points against the Jets. If they lose by exactly 7 points, the bet is considered a push and is canceled. If you bet on the Patriots -7, they must win the game outright by more than 7 points. The 3-digit numbers to the far right are the listed prices for these bets. This is also called the odds, vig, or juice. We will cover those in more depth when we talk about money lines. The price of the bet has no impact on which team is favored.
Only the plus or minus on the point spread matters. This is handled differently when you bet strictly on the moneyline. A moneyline bet is on a team to win the game outright without a point spread at an adjusted cost.
Just like with point spread betting, the favorite will have negative odds, while the underdog will have positive odds. The difference here is in the price or payout depending on which team you take. A favorite e.
Patriots on the money line works just like our bet price example above. This added risk is why betting the spread is usually more popular, especially on favorites. Underdogs e. There are two ways to calculate each, based on either how much you want to wager or how much you want to win. Favorite Method No. Underdog Method No. The first is calculating how much you want to win based on a set bet amount. Sports Betting. Best Books. Pictured: Westgate SuperBook.
Steve Petrella. Download App. Table of Contents 1. How to Read American Odds 2. American Odds in Spreads vs. Moneylines 3. How to Calculate Payouts That little next to your desired bet at a sportsbook? Action's Preferred Sportsbook. Bet Now. Top Offers. Bet Over 0 in Lakers-Nuggets.
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