In simple terms, the + means that team is the underdog (expected to lose) and the - means that team is a favorite (expected to win).

What Do The + And - Mean In Sports Betting? You don't see fractional odds too often at US sportsbooks, but it’s helpful to know how they work.

A $7 bet on the Tigers would pay $12 (Your initial $7 plus $5 in winnings). So if you bet $5 on the Oakland Athletics, you’d get an $11 payout if they won (your initial $5 bet plus $6 in winnings). The easiest way I’ve found to calculate fraction odds payouts is simple: bet the bottom number, win the top number (plus your original bet). Fraction Oddsįraction odds look like…you guessed it: fractions! Many bettors like decimal odds because the multiplication method is fairly easy to grasp when calculating payouts. On the Suns, then, a $10 bet would pay out $14. So a $10 bet would pay out $31 if the Mavericks won.

If you bet on the Mavericks, for every $1 you bet, you’d get $3.10 back if the bet wins. Phoenix Suns Moneyline:Īnother way to think about this is in multiples. Here’s a look at another NBA matchup with decimal odds used:ĭallas Mavericks Vs. Decimal Oddsĭecimal odds display the possible outcome a bit differently. The “+” on the 76ers means they’re the underdog, and not expected to win.īut in this case, the odds are relatively close together, meaning it’s expected to be a tight matchup, despite the Heat being favored. The “-” in front of the Heat odds means they’re the favorite to win. In this case, a $100 bet on the 76ers would pay $120 (plus your original bet back, making the total payout $220).Ĭonversely, you’d need to bet $150 on the Heat to win $100 (plus your original bet back). The easiest way to understand American odds and their payouts is to pretend you’re placing a bet. Here’s a look at PointsBet’s odds for an NBA matchup using American odds. American OddsĪs mentioned, American odds are the most common format at US sportsbooks. Still, learning to read each type can be valuable. However, most sportsbooks will default to American odds. Some sportsbooks let you toggle between these formats. There are three types of odds formats: American, decimal, and fraction. What Are American, Decimal, And Fraction Odds?

What does plus odds bets mean