A plus sign represents who will be the underdog in a game, according to the oddsmaker, and the amount of money you can win from a $100 bet. A minus sign is used for the oddsmaker’s favorite in a match and the cash you have to risk in a bet to get $100. Moneyline odds have either a minus or plus sign next to the odds number. The core idea is focused on wagering or winning $100 on a bet, although the actual bet size can scale for lower or higher numbers, too. Sounds simple enough, until you get into the sports odds template used in many established and new US casinos: a Moneyline. Sports odds represent what the bookmaker thinks are the chances of a specific outcome happening in a sports event. We’ll admit upfront: if the concept of sports odds seems unnecessarily convoluted to you, that’s because it is. We’ll have American odds explained to you in no time so you can focus on the important things: enjoying the sports match and making money. Whether you’re new to sport bets or a regular bettor, there is always something fascinating to discover about this betting method. You can still bet at random, but without understanding the odds, you will need a whole lot of luck at your favorite sportsbook or online casino venue. The same goes for odds in sports betting: truly understanding betting odds is all but mandatory if you want to get anywhere. We’re willing to bet you the answer is no. Ask yourself if you’ve ever seen a man entering a bank without knowing how to pick up the money or someone eating peas without cooking them first.
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