When it comes to sports betting, there are different types of odds that you may come across, including minus (-) and plus (+) odds. While both are used in betting, many bettors wonder which is better between the two. In this article, we’ll discuss minus and plus odds in betting and their advantages and disadvantages to help you make informed decisions when placing bets.
Understanding Minus (-) Odds
Minus odds, also known as negative odds or “odds-on” odds, are odds that indicate the favored team or player in a particular matchup. These odds are displayed with a negative sign (-) in front of the number, which represents how much you need to bet to win $100. For instance, if a team has odds of -150, you need to bet $150 to win $100 in profit. Here’s how it works:
If you bet $150, you’ll win $100 if the team wins the game, giving you a total payout of $250 ($150 stake plus $100 profit).
If you bet $75, you’ll win $50 if the team wins the game, giving you a total payout of $125 ($75 stake plus $50 profit).
Advantages of Minus Odds
Lower Risk: The main advantage of betting on minus odds is that it has a lower risk compared to plus odds. This is because you’re betting on the favored 사설 토토사이트 team or player to win, meaning that they’re more likely to win the game or event.
Higher Chances of Winning: Since minus odds represent the favored team or player, they have a higher probability of winning the game or event. Therefore, betting on minus odds increases your chances of winning the bet.
Disadvantages of Minus Odds
Lower Payouts: The main disadvantage of betting on minus odds is that it has lower payouts compared to plus odds. This is because you need to risk more money to win less profit.
Higher Risk-Reward Ratio: Betting on minus odds has a higher risk-reward ratio, meaning that you need to risk more money to win less profit. This can make it difficult to make a profit in the long run, especially if you’re not very skilled at betting.
Understanding Plus (+) Odds
Plus odds, also known as positive odds or “odds against” odds, are odds that indicate the underdog team or player in a particular matchup. These odds are displayed with a positive sign (+) in front of the number, which represents how much you stand to win on a $100 bet. For instance, if a team has odds of +150, you stand to win $150 in profit if you bet $100. Here’s how it works:
If you bet $100, you’ll win $150 if the team wins the game, giving you a total payout of $250 ($100 stake plus $150 profit).
If you bet $50, you’ll win $75 if the team wins the game, giving you a total payout of $125 ($50 stake plus $75 profit).
Advantages of Plus Odds
Higher Payouts: The main advantage of betting on 사설 토토사이트 plus odds is that it has higher payouts compared to minus odds. This is because you risk less money to win more profit.
Lower Risk-Reward Ratio: Betting on plus odds has a lower risk-reward ratio, meaning that you risk less money to win more profit. This makes it easier to make a profit in the long run, especially if you’re skilled at betting.