![]() This means that if you bet $100 on the underdog, you would win $200, or any other equivalent amount. ![]() On the other hand, in a moneyline bet with an underdog, the odds will have a plus sign (+) in front of the number, such as +200. The minus sign indicates that the team or player is expected to win, and the odds reflect the amount that you would need to bet to win a certain amount. This means that you would need to bet $150 to win $100, or any other equivalent amount. In a moneyline bet with a favorite, the odds will have a minus sign (-) in front of the number, such as -150. The minus sign represents the favorite, while the plus sign represents the underdog. The minus (-) and plus (+) signs are used in moneyline odds to indicate the favorite and underdog in a particular betting market. They are used to calculate the potential payout of a bet and to indicate the degree of risk involved in a particular wager.īetting odds can be expressed in different formats, such as fractional odds, decimal odds, or moneyline odds, depending on the region or the sportsbook that is offering them. ![]() Betting odds are numerical representations of the likelihood of an event occurring.
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