A favorite can be bet on the moneyline or spread. In the above game, the Chiefs could be a -210 favorite to win the game outright. While a moneyline bet on a favorite is easier to win, it also results in less money won as opposed to a spread bet, which requires the favorite to win by a set number of points.
What does odds on favorite mean?
Odds-on favourite in British English (ˌɒdzˈɒn ˈfeɪvrɪt ) noun. a person, team, horse, etc that is regarded as the most likely to win a competition.
What do +7 odds mean?
If you bet the Cowboys -7 and they win by more than seven points, you win your bet. Similarly, if you bet the Packers +7 and they lose by less than seven points or win outright, you win your bet.
What happens if you bet on the favorite?
It's a matter of value. If you think a favorite is being undervalued by the oddsmaker, then you should consider betting on that team. If you're betting a favorite on the money line, you're likely going to win more often than you lose, but that doesn't mean you'll return a profit long-term.
Is plus or minus the favorite in sports betting?
The “+” and “-” are put in front of odds or lines, indicating the favorites and underdogs. The favorites will be marked with a minus sign, whereas underdogs have a plus sign.
How do I find out where my sharp money is going?
5 Easy Steps on How to Follow Sharp Money in Pro Football
- Step #1: Understanding How the Books Operate.
- Step #2: Watch for Line Movement & Betting Percentages.
- Step #3: Look for Reverse Line Movement.
- Tip #4: Look for Steam Moves.
- Tip #5: Experts Like to Attack Early & Late.