In betting, the ‘+’ symbol means “take evens” or “take the favorite”. It is very common for bookmakers to offer these types of wagers, as well as decimal and fractional odds. Sometimes, in an effort to attract customers, they will offer special bonuses for certain kinds of bets. For example, getting a free bet if you place a certain type of wager. Knowing the meaning of the ‘+’ symbol in betting can help you make the right choice for your needs. In this article, we will discuss what does the ‘+’ symbol mean in betting and how to choose the right betting option for you.
What Does the ‘+’ Symbol Mean In Betting?
The ‘+’ symbol in betting refers to taking or laying evens. Betting on evens means you are choosing an even chance of winning or losing when making a wager. You are not choosing a favorite; you are choosing to even out the odds. You can also think of it as a “betting choice” or “betting option”. For example, if you want to bet on the favorites, you would choose the “-Favorites” option.
When you see ‘+’ next to the odds, it usually means that the bookmaker is providing even odds. This can be an attractive option to some people. It is helpful to know what these odds mean, so you will know whether or not to choose this option. The following table shows the difference between the various odds formats:
Sometimes, you will see odds that are not whole numbers. These odds are called fractional odds. Fractional odds can be expressed as 1/2, 1/4, or 1/8. Any number of fractions can be used, as well as decimals. The key is that the whole numbers add up to 1. For example, 1/2 + 1/4 = 1/2 + 1/4 + 1/2 + 1/4 = 3/2.
Decimal odds and fractional odds have the same meaning, but using different methods of calculation. With fractional odds, only whole numbers are used, while decimals can be used with decimal odds. For more information on this, refer to our decimal odds or fractional odds articles.
Decimal odds are usually used when you are placing a wager on a baseball game, because most people think in terms of dollars and cents when it comes to sports wagering. The meaning of decimal odds is the same as fractional odds, but the method of calculation is different. With decimal odds, the full amount you wagered is to be determined. For example, if you wagered $10 on a $2 item, the decimal odds would be 2/10 or 0.2. The whole numbers in the fractional column add up to 1, while the decimals in the decimal column add up to the whole number in the fractional column.
Here are some examples of how to use decimal odds:
You have found a cricket match that you want to wager on. It is a T20I match between England and Wales. You have chosen an online bookmaker that offers decimal odds and have entered the following bet:
- Wales (+140) vs England (+160): Over 4 runs: You have wagered $220 on England.
- Wales (+140) vs England (+160): No Over 4 runs: You have wagered $220 on England.
- Wales (+140) vs England (+160): No Bet: You have chosen to remain un-backed.
- Wales (+140) vs England (+160): Tied & No Bet: You have tied on this wager.
In this example, you have used decimal odds to get even odds. However, you could also have used fractional odds. Because the whole numbers add up to 1 with decimal odds, you have the choice of whether or not to include a penalty for England or Wales if they do not reach four or more runs. In this case, because you are getting even odds, you do not want to include the penalty. It would be best to include the penalty in this case.
You want to bet on the underdogs in the NFL this coming Sunday. You have chosen an online bookmaker that offers decimal odds and have entered the following wager:
- Underdogs (-150) vs (+150)Over 3 points
- Underdogs (-150) vs (+150)Under 3 points
- Underdogs (-150) vs (+150)Tied 3 points
- Underdogs (-150) vs (+150)No Bet
In this case, you are playing the percentages by betting on the underdogs. You are getting odds of 3 points, which means you are splitting the pool of money three ways. If any of the underdogs score 3 or more points, you win. If not, you lose. You can use either decimal or fractional odds, as the whole numbers add up to 1 with either one.
Take The Favorite
Some bookmakers will give you an option to take the favorite if it matches your betting preferences. This means that if there is a choice of two or more events, and you choose the one on the left, you will get your money back with interest. You are not going to win or lose on this bet, but you are going to have the option to win or lose. Take the favorite is usually a good option for people who do not want to risk losing any money, as there is no risk of losing on this bet.
This is why, if you want to choose this option, it is best to look for bookmakers that give this option to their customers. Alternatively, you can use this option if you need a quick way to make money. You should always keep in mind that you are “bending” the odds in your favor, and this is why you need to watch out for bookmakers that give you the option to take the favorite. Some bookmakers may not allow you to take the favorite, but they will give you a free bet if there is an option of evens or odds.
What Are The Different Types Of Options In Sports Betting?
There are three types of options in sports betting. They are:
Win, Place, And Show
These are the three basic forms of options in sports betting. A win option gives you the chance to win or lose the bet based on the outcome of the sporting event. A place option gives you the chance to win or lose the bet based on the outcome of the sporting event, with the stipulation that the team you are rooting for must place the puck in the net for the win. A show option gives you the chance to win or lose the bet based on the outcome of a skill competition.
When you choose a win option in sports betting, you are choosing whether or not to participate in the wager. If you win, you get to keep the prize, and the bookmaker or sportsbook owes you nothing. You lose, and you get nothing. This is why it is referred to as a “win, place, and show” option.