If you bet on the Giants to win at +180, the payout would be $280 because they are an underdog.įor something like soccer, Arsenal could be a +150 favorite against Everton as a +190 underdog, while the draw would be set at +220. If you bet $100 on the Eagles to win at -150, you would net a payout of $166.70. 'įor an example of moneyline betting odds, you can bet the Eagles as a -150 favorite to win or the Giants as a +180 underdog to win. However, in most cases, the favorite will have a ' - ' in front of its moneyline odds while the underdog will always have a '+. It's especially the case in soccer since matches can end in draws, whereas a winner is declared in almost every other sport because of overtime rules.
It's a similar case for the betting odds, though favorites don't always have a ' - ,' especially in sports like baseball, hockey or soccer where final results are often decided by one run or one goal. Similarly, if you bet the Packers +7, as long as they lose by less than seven points or win outright, you win your bet. If you bet the Cowboys -7 and they win by more than seven points, you win your bet. For example, you can bet the Dallas Cowboys as a -7 point favorite to beat the Green Bay Packers or the Packers as a +7 point underdog. In terms of the spread, the ' - ' always refers to the favorite and the ' + ' always refers to the underdog. The plus (+) and minus (-) in sports betting can refer to either the point spread or betting odds.