They can be either positive or negative but are always written as a ratio of two numbers. Fractional Oddsįractional odds are the most common type of sports betting line and are found in decimal and moneyline formats. For example, what do odds of -200 mean? That means you would have to bet $200 to win $100. The plus sign indicates that you will receive fractional odds if you win your wager, while negative odds indicate how much you have to wager to win. The plus and minus signs on a sportsbook can also indicate fractional odds. The favored team will always have a minus sign in front of the odds, while the underdog will have a plus sign. To understand how odds work, you must know how to tell the underdog from the favorite based on the sign. The first step is looking at how to read sports betting lines. Understanding American betting lines is essential to get in on the action, especially if you’re betting on basketball and football. Bookmakers will set various types of betting odds based on the amount of money being staked on an event by the public. If a sport has a spread betting option available, it’s almost always worth it to go with that option.A betting line is the amount of money you need to wager to win a certain payout. Nonetheless, it’s hard to make any real money with this type of wager. Betting against the spread provides a much better opportunity to do this.Ī moneyline bet is a much better option for certain sports. The best way to do that is by taking some risks. If you are into sports betting, then you are probably looking to win some money. The Milwaukee Bucks can make you a winner by losing the game by seven points or less, or pulling off the upset. If you are going to make a bet on the Chicago Bulls, then they will have to win this game by at least eight points to make this a successful wager. But, they have to keep the final score within a certain range.

You can actually bet on the team that loses the game. With a spread bet, you are trying to predict how close or how far apart the final score spread will be. Nearly all of the spread betting options that you will find will have odds at -110 for each side. However, there is also potential for a much better payout. This bet is harder to win than a moneyline bet.

What does moneyline mean in gambling