What Does the Plus or Minus Mean in Sports Betting?

You have just placed a very large wager on the game and are waiting for the payoff. However, before the payout, you are offered odds to bet on an over or under performance by either team. What does the plus or minus mean in this scenario? Let’s continue reading.

The Over Or Under Performance Scenario

You are watching the game, and it is close. One team is ahead by a few points with less than a minute to play. Suddenly, the other team scores and the score changes. You check the odds and see that the over performance has paid off, and you are feeling pretty lucky. This is when the plus or minus comes into play. Depending on the book, if the over performance has paid off, the bettor is entitled to either collect his winnings or have his original wager placed at even money. This is a pretty big deal, and it is always nice to know what the odds are before betting heavily on a game. The same thing could happen if the under performance has just occurred, but instead of collecting winnings, the original wager is placed at minus the amount wagered. This is just another example of why it is important to do some research before placing large wagers on sports events. This is especially important if you are new to sports betting because some bets, such as the over or under performance, can result in big payoffs. However, if you are not sure what these numbers mean, then it could be a bad idea to wager on them. A simple google search will let you know the answer to this question, but sometimes it just takes some trial and error to figure out what the betting odds mean. Luckily, we are here to help with the basics of sports betting, and today we will discuss what the plus and minus mean in the different scenarios.

The Over Or Under Performance Scenario (continued)

You are watching the game, and it is close. One team is ahead by a few points with less than a minute to play. Suddenly, the other team scores and the score changes. You check the odds and see that the over performance has paid off, and you are feeling pretty lucky. This is when the plus or minus comes into play. Depending on the book, if the over performance has paid off, the bettor is entitled to either collect his winnings or have his original wager placed at even money. This is a pretty big deal, and it is always nice to know what the odds are before betting heavily on a game. The same thing could happen if the under performance has just occurred, but instead of collecting winnings, the original wager is placed at minus the amount wagered. This is just another example of why it is important to do some research before placing large wagers on sports events. This is especially important if you are new to sports betting because some bets, such as the over or under performance, can result in big payoffs. However, if you are not sure what these numbers mean, then it could be a bad idea to wager on them. A simple google search will let you know the answer to this question, but sometimes it just takes some trial and error to figure out what the betting odds mean. Luckily, we are here to help with the basics of sports betting, and today we will discuss what the plus and minus mean in the different scenarios.

The Multiple Bets Scenario

The multi-bet scenario is when a bettor makes multiple wagers on the same game. For example, let’s say you are watching a football game and spot an interesting wager. You decide to place a wager of $100 on the game and get $10 in return. This is called a winning bet because you won the game and your $10 wager was successful. After the game, the operator of the book reviews your bet and decides to give you back $8 because the $10 wager was placed on a game that finished with a score of 25-21, and you won that game as well. In this case, your net winnings would be $2. After this process, the operator of the book has a chance to review your activity and decide to continue offering you sports betting, this time with a side wager on the game. Let’s say that the Patriots and the Rams go up for a pass. You decide to take the over under performance scenario and put down a $100 wager on the Patriots -7 and get $10 in return. Now, the Pats score a touchdown and the Rams miss their field goal. Your $100 wager turns into a $107 loss because you went over the spread by $7. In this case, there would be no payout for the original $100 wager because it exceeded the combined score of the two teams. However, if the Rams had made the field goal, then your original bet would have been successful, and you would have collected $107 in winnings. In the end, you would have a $7 profit, which is why it is important to do some research before placing large wagers on sports events. Sometimes it just takes some trial and error to know what the betting odds mean, but once you figure it out, it is all good.

The Standings Or Over/Under Performance Scenario

The standings or over under performance scenario occurs when a bettor places a wager on the final or penultimate game of the sporting season. For example, let’s say that you are a baseball fan. You are dying to place a wager on the World Series, and you decide to do so. You spot an interesting bet offered by a bookmaker that is 7/2+1 against the New York Yankees hitting under.300 in the World Series. Since it is the end of the regular season, and these are the last games of the year, you decide to take the bet. You check the stats, and the Yanks are hitting.330 against the LA Dodgers. The bookie decides that he will have to wipe out your original wager because the Yanks are currently lying in third place in the standings. Your net loss is $42, but since this is the last game of the season, there will be no more wagering opportunities. In this example, you did not do enough research to know that the Yanks were only 3 games behind the third-place team. After the game, you will receive an email confirming the outcome of your bet along with your winnings or loss, which in this case is a $14 profit. It is always a good idea to do some research before placing bets because there are always odds and ends that you do not know about. Fortunately, we are here to help with the basics of sports betting, and today we will discuss what the plus and minus mean in the different scenarios.

Hopefully, this article has helped answer some of your basic questions about sports betting. If you have any other questions, please feel free to let us know in the comments below, and we will do our best to get you sorted out. Good luck out there.