Instead of citing an NFL matchup, let’s try an NBA example between the Los Angeles Lakers and Boston Celtics. The number with the minus sign (-) signifies what you’d have to bet to win $100 while the number with the plus sign (+) is what you’d win if you bet $100. We primarily use American odds because the majority of betting sites use them, especially when displaying moneyline odds.
What Do Minus (-) And Plus (+) Odds Mean? You can use our profit calculator to figure out your expected payout. Conversely, betting on the Patriots is less risky, which means it comes with less reward. If you were to bet that same $100 on the Chiefs and they won, you’d get a payout of $250 – your original wager comes back along with your prize of $150.īetting on the underdog, in this case, the Chiefs is considered riskier but you get a bigger reward. Oddsmakers believe they are less likely to win. Kansas City is the underdog because of the plus (+) sign next to their odds. Going back to that Patriots vs Chiefs example.
A winning bet would give you a payout of $180 – your $100 comes back along with your winnings of $80. In this moneyline scenario, the Patriots are the favorites, which you can tell by the minus sign (-). New England Patriots vs Kansas City Chiefs Team
