What Does “+” Mean in Betting?

When you place a wager with a bookie, the odds may be displayed in a variety of ways. One of the more common methods is through the use of ‘+’ followed by a number. For example, you will often see ‘+20′ or ‘+25′ beside the odds of a certain basketball game. What do these numbers mean? Let’s dive into the nitty-gritty of betting conversion to know the answers.

The Meaning of “+” In Sports

When you place a wager on sports, the odds will almost always be shown as a ‘- (minus sign)’ followed by a number. For example, a sports book may set the odds of a heavyweight boxing match at ‘-500′ to ‘+350′. You would then place a wager on this event by putting \$250 on the underdog (-500) and the favorite (+350) to win.

This is how the bookie shows the total amount of money you will win or lose, depending on the outcome of the bet. For example, if you bet \$250 on a heavyweight bout and the favored boxer wins, you will win \$500. The amount you win is the amount you pay (minus deductions) less the amount you bet. (Learn more about betting odds and payouts on this page.)

The Meaning of “+” In Finance

In the world of finance, when you make a purchase using a credit card, the odds will almost always be shown as a ‘+’ followed by a number. The + indicates the credit card company will give you 1 percent of what you spent on the purchase. For example, you will see ‘+10′ or ‘+15′ beside the odds of a stock purchase. (Learn more about betting odds and payouts on this page.)

What Does It All Mean?

When you place a wager on any event, whether it’s sports or finance-related, the odds will almost always be shown in one of two ways:

• As a “line,” which shows the odds of the event as opened by the bookies. In order to determine the best line for a wager, you must consider several factors including team strength, past performance, and line movements.