# What Does the Minus Sign Mean in a Betting Point Spread?

In a recent article, we discussed the ins and outs of Canadian football, touching on many of the strategies and concepts you need to know if you want to place winning bets on sports in the country. Now, we will discuss the significance of the ‘-’ sign in sporting betting, and how to interpret it correctly.

## The Minus Sign: An Insight Into The Sport

If you’re new to the world of online football betting, you may be wondering what the ‘-’ sign means. As we mentioned in the previous article, the ‘-’ sign in football represents an underdog, or a team that many experts have tabbed as the weaker counterpart to a favourite team. In other words, if you’re betting on the Toronto Argonauts versus the Montreal Alouettes, you’ll likely see a – as all sportsbooks will have advertised. For this article, however, let’s take a closer look at the sport of football itself, and how betting on football works in general.

## How Do Bookmakers Estimate The Odds Of An Event?

In the sports betting world, things are not always what they seem, and odds are certainly not what you’ll typically find at your local bookmaker. For starters, even though they may advertise hugely favourable odds, the vast majority of bookmakers will actually not offer those markets at all. Instead, they’ll use a different method to estimate the odds of an event, such as the Super Bowl. For example, the New England Patriots are 12/1 underdogs to win the big game, but that does not mean the bookmaker is assuming you have a certain amount of money to wager. In most cases, they’ll use a statistical analysis known as ‘formulism’, or ‘formula racing’ to determine the odds of an event, and a formula usually involves using a large number of games’ results to create a mathematical model that gives an accurate estimate of the likelihood of a certain team winning. The key takeaway from this is that even though the odds may seem favourable, they can still be incredibly skewed towards the favouring team. This is especially important to keep in mind if you’re planning on placing winning bets on football and other sports in Canada, as there are often ‘no-hitters’ in Canadian sports that can completely change the betting landscape in favour of the hometown heroes. Even the worst NFL team has scored in some games this season, so the potential for an upset is always there.

## Over-Under And Half-Time Odds

In a football match, there are two key times when the score is not always revealed and may therefore be subject to change: The first half and the end of the game. While there is often a halftime break, sometimes there isn’t, so in those cases the score will not be updated and the lines will remain as they were at the start of the first half. This is why those ‘half-time’ odds are listed separately and sometimes even cross over with the ‘over’ and ‘under’ odds from the start of the game. As for the end of the game, well, if your team is winning at the time it’s over, the match will be decided and the odds will become irrelevant. However, if your team is losing, then there is always the possibility of it coming back and levelling the score or even winning the match in the final seconds. In those cases, also, the odds will change and can either make or break your wagers. This is why it’s always a good idea to check the state of the game at the end of each quarter and half as well as the end of the game.

## What Is The Psychology Behind The Underdog Effect?

While it’s good to be aware of the odds and the methodology behind them, it’s also important to remember that just because the odds are favourable for one team doesn’t mean you should automatically back them. The reason behind this is that people are generally much more motivated to bet on an underdog. Why? Well, it’s pretty simple. If you’re not familiar, the underdog effect is the phenomenon where individuals are more likely to root for the team that they perceive as being inferior to them. In other words, in a world where everyone thinks that the Houston Texans are an inferior team to the Tennessee Titans, the chances of the Titans winning are greatly increased, simply because they’re not used to winning. This is also why people are more likely to back the underdogs in the NFL, where parity is rarely if ever seen. In the CFL, on the other hand, there are usually ‘underdogs’ that upset the favourite on a regular basis. In most cases, it’s not the skill level of the players that determines who will win, but rather the psychology of the individuals in the stadium. In other words, in the same way that some people are more likely to root for the underdog, others will want to destroy them. In some instances, this can lead to violent confrontations between two fanbases that may not even be aware of what motivated them to start fighting in the first place.

What Are The Odds Of My Team Winning This Game?

As a Canadian, you may be wondering how likely it is that your team will win the national championship or any other game involving professional football teams. Well, you’ll find the answer to that question online at any reputable site, but if you’re looking for an easy way to find the answer, check out this fantastic tool from MyBookie.ca. Simply enter the team name in the field below and the site will do the rest.

If you’re planning on placing a wager on your favourite team, then there is no sense in waiting until the odds are favourable because chances are they’ll never be exactly what you want them to be, at least not in terms of being extremely favourable to your team. Instead, try and find the edges of the odds, which in almost all cases will be towards the favouring team. Keep in mind that in the event that your team scores or wins, your odds will update and you can either win or lose based on the outcome of the game. So, while it’s good to be aware of the odds, it’s also important to remain flexible because things can change in the blink of an eye in this day and age of professional sports.