In sports betting, plus and minus indicate how much money the bettor has won or lost since they last updated their account balance. The more plus you have accumulated in your betting account, the more money you have won; conversely, the higher your minus number, the more money you have lost.
Using the plus and minus effectively will help you keep track of your bankroll, which can be done by keeping accurate records. You can learn to use this effective tool by reading the following article on what plus-minus means in betting and applying it to your wagering strategy.
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What does plus-minus mean in betting?
A plus or minus is a handicap assigned to a sports team before playing each other. A minus will give an underdog team more points, while a plus will give an underdog team fewer points. A team that is plus one (+1) has been given a point advantage for every one unit wagered, meaning if you bet $100 on them, you win $101 if they win.
How do you calculate plus and minus?
If a team has a positive Moneyline, they are favored to win. And if they have a negative Moneyline, then they are an underdog. A plus sign means that you can wager $100 to make over $100 depending on what your sportsbook uses for their payout system or $1 to make over $1. A minus sign means you need to wager $100 to make $100.
What types of bets are there?
There are various types of bets which can be essential for you to make. You win with sports betting. Let’s go over some examples of Moneyline. This is one of the most common forms of sports betting, where your bet doesn’t depend on which team wins or loses but simply whether they win or lose.
If someone wins, you get back more than you put into it; you get nothing back if they lose. You don’t have to know anything about particular teams; all you need is to pick who will win their game for each money line.
How can we use plus and minus to help us win more money?
Besides asking yourself what plus-minus means in betting, you also need to know how it can help you win. There are many ways we can use plus and minus to our advantage.
The most obvious way is when handicapping college football, where highly favored teams tend to get lighter than teams that are not so highly favored. We should look for teams that have lost some key players on either offense or defense, or even better, those who have an inexperienced head coach.
How can we combine plus and minus with other betting strategies?
The most common use for plus and minus is with handicap betting, where you make a point or two off either team. Given some advantage, the team that has been given a handicap (the ‘underdog’) will have a higher probability of winning than expected.
The Bottom Line
If you have been longing to know what does plus minus means in betting, this has made the best article for you. The plus sign (+) means that you’re betting on a specific team to win, while a minus sign (-) indicates that you’re betting against a team winning. In other words, if you bet $100 on a team with a +120 price at 5Dimes, and they win, you’ll make $120. If they lose, though, your $100 stake would be returned to you instead of how it works when using a handicap system.
