When placing bets on sports, you might find yourself asking: What do the numbers mean? For example, a “plus” sign in front of a soccer team’s price indicates that it’s the underdog. If the number is higher, that team is a favorite, and if it’s lower, it’s an underdog. In sports betting, the money line is the amount of money you can win for every $100 that you stake.
If the numbers are bigger, the team is considered the favorite. This means that you must risk a greater amount to win $100. The opposite is true if the numbers are smaller. If Team A is the favorite, a $100 bet on them would result in a $195 payout. Conversely, if Team B is the favorite, you would lose $100 and get $130 in payout. The numbers are easy to understand when you take an example from a sports betting book.
In sports betting, you can also place bets on the over/under total. Over/under betting refers to the projected combined score of both teams. In the Bills-Jets game, for example, the over/under total is 49. That means you need to bet $110 on the Bills, while a $100 bet is on the Jets. When betting on the over/under total, remember to use a calculator to understand the odds.
