What Does The + And – Mean In Sports Betting?

Posted: January 19, 2023 at 6:41 pm

While moneylines and point spreads come with every sport, contextual differences for these depend on the sport.

For example, with sports like the NBA or NFL, point spread wagers will have the standard point spread betting odds of -110. However, sports like MLB or NHL will not have this as the point spreadalso known as run line or puck line in baseball and hockey, respectivelyare measured differently.

Below, we will provide examples for each popular sport for U.S. sports betting.

The NFL is the most popular sport to bet on in the U.S. today. There are some unique things to keep in mind with NFL betting odds.

Lets look at a moneyline example.

With these moneylines so close together, this indicates the perceived margin of superiority and inferiority is relatively small.

In the example above, one would have to bet $120 on the Rams to win $100, while betting $100 on the Buccaneers would result in a $110 profit if they won.

While there is no direct correlation between the moneyline and what the spread will be, we can assume that the spread is small considering the small moneyline gap.

Notice with point spreads that the odds remain the same. This is common practice with NFL betting. The goal of the points spread in NFL betting is to make these teams as even as possible. Thus, the odds are even, too.

In sports betting, -110 is common as the additional -10 acts as a commission for the online sportsbook in the event both bets receive equal wagers.

Even though both betting odds are -, you can see that the favorite and underdog are depicted by the -2 and +2.

When it comes to NBA betting, the same principles apply here as NFL betting. Its common to see point spreads similar to the NFL, even with so many points scored.

Though there are parallels between the NBA and the NFL, its possible for the NBA to have + odds for underdogs. Well use an example of that, but keep in mind that -110 is almost always likely to occur.

Things get a bit different with Major League Baseball, especially when compared to the NFL and NBA. The moneyline is the moneyline regardless of sport, but the point spread is where the difference shows.

For baseball, the betting odds on the point spreadknown as the run line for MLB bettingare rarely the same. However, youll find that the run line is relatively consistent at -1.5.

With MLB betting, 1.5 runs is a big deal, as that could sometimes be more than what an actual team scores. Therefore, the 1.5 run line gets represented differently from team to team and the odds reflect that.

Betting odds presented in the NHL are the same as with MLB. In MLB, the point spread is the run line, and in the NHL its called the puck line.

The most common bet type with golf is picking the outright winner from a large field of competitors. In essence, youre betting on the moneyline for each golfer.

With such large fields of players, even the top favorite could still have a moneyline viewed as a massive underdog in other sports.

There are multiple ways to wager on any sport, including the UFC. However, the most common bet is a moneyline bet in which you pick which fighter will win.

There can be massive discrepancies with this in UFC betting. With this being a physical sport and the potential for it to end with a single punch or submission, +700 betting odds can be looked at differently here compared to the NFL, for example.

Lets look at a relatively lopsided moneyline in UFC.

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What Does The + And - Mean In Sports Betting?

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