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The minus sign (-160) is how much you have to bet in order to win $100.
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Remember this and lock it in: A plus sign (+140) means that’s how much you win if you were to bet (risk) $100. We know now that the (+) is always the underdog, which is the Pirates, meaning the Phillies are the favorite.
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The above is what you’re dealing with when making a straight bet-two teams, with each given a set of odds where one is a favorite and one is an underdog. Let's say the Pittsburgh Pirates are on the road facing the Philadelphia Phillies. You will rapidly reach the point, however, where you will wonder why you ever thought it was hard.Įxamples can help quickly bring things to light, so let’s use one. For the neophyte bettor, this might seem confusing. Next to the plus or minus sign will be a number that expresses the odds. A minus sign (-) always indicates a favorite. The odds are expressed on a money line, using plus and minus signs to show who the favorite or underdog is.Ī plus sign (+) always indicates an underdog. Rather than a spread, where a team has to win or not lose by a certain number of points, we are working with odds. Straight baseball wagering revolves around the money line. Add in the built-in appeal of being able to pick a team to simply win a game and it’s really one of the best routes to take in the world of baseball wagering. In addition, the juice is not as much of an issue as it is when you make more extravagant wagers. Straight betting is the bread-and-butter of all top sports bettors. We just pick the winner and pay or receive odds to do so. In basketball or football, you have to pick who will “cover the spread.” In baseball straight betting, there is no such concern. In baseball wagering, unlike basketball and football wagering (the two other heavily bet USA team sports), you just have to pick the winner. It’s the most common form of betting in all sports, where you pick one of two teams playing to win the game. Straight betting is the most common form of wagering in Major League Baseball.