American odds are expressed as three-digit numbers preceded by a plus (+) or minus (-), indicating whether you are betting on the favorite or underdog and how much you ought to bet to win $100.
What Does the + and – in American Odds Mean?
Before we can explain American odds, we need to understand what the (+) and (–) symbols stand for. It’s actually very simple to read through.
The (+) indicates who the underdog is. If you are betting on the Miami Heat to win (+102) against Milwaukee Bucks (-121), you are essentially backing the underdog in the game.
On the other hand, you have the Bucks who are posted at (-121). This means they are more likely to win. You must risk more, i.e., $121, to win back $100.
What Does the + and – in American Odds Mean?
Before we can explain American odds, we need to understand what the (+) and (–) symbols stand for. It’s actually very simple to read through.
The (+) indicates who the underdog is. If you are betting on the Miami Heat to win (+102) against Milwaukee Bucks (-121), you are essentially backing the underdog in the game.
On the other hand, you have the Bucks who are posted at (-121). This means they are more likely to win. You must risk more, i.e., $121, to win back $100.
