Why the - and the + for the odds / payout?

mkeshnatter

New member
Joined
Jan 31, 2022
Messages
5
I am new to betting. I remember as a kid my folks would go to OTB once in a blue moon for horse race betting.

A horse might have 3 - 1 odds. Bet $1, get $3 back. Seems easy.

Now, at least with football? I'll see +200. That means that if you bet $100, you get $200, right?
But then right below that for the other team, it might be -170. That means that to win $100, you have to bet $170?

Why the reverse logic right next to each other? Why don't they show +200 and then I think that -170 becomes +58? Both get read the same way - bet $100 get $x back.
 

Wagerallsports

Moderator
Staff member
Joined
Mar 6, 2018
Messages
10,215
Now, at least with football? I'll see +200. That means that if you bet $100, you get $200, right?
But then right below that for the other team, it might be -170. That means that to win $100, you have to bet $170?
You got it

Very easy to understand after a little while
 

mkeshnatter

New member
Joined
Jan 31, 2022
Messages
5
Yes, easy to understand... but why the different ways for 1 team vs. the other?

You don't see prices on amazon or most any other website - US dollars for one item and on the same page, right after that, see an accessory price in Lira. It's easy to convert 1 to the other, but why not list both in the same type of currency?
 

BobbyFK

Moderator
Staff member
Joined
Oct 19, 2021
Messages
4,896
Yes, easy to understand... but why the different ways for 1 team vs. the other?

You don't see prices on amazon or most any other website - US dollars for one item and on the same page, right after that, see an accessory price in Lira. It's easy to convert 1 to the other, but why not list both in the same type of currency?
Because one team is the favorite to win the game. You will see them with a -. The underdog will be displayed with a + icon
 
Top