04.05.2024

Hey everybody Lisa Kearney here with. FanDuel and today we're going to take a. look at betting odds. in almost every betting situation. there's a favorite and an underdog when. it comes to odds the favorite is. represented by a minus the underdog is. represented by a plus now betting odds. tell us how likely it is that the. favorite or the underdog will win using. a 100 bet as an example now that doesn't. mean you have to bet 100 it's just the. simplest way to explain it so in this. example our odds are minus 115 and plus. 105. if you're betting on the favorite. the minus number they're considered more. likely to win so you need to put down. more than 100 to win 100 in this case. you need to bet 115 to win 100 but if. you're betting on the underdog the plus. number they're considered less likely to. win so you can bet less money to win.

more money in this case you'd bet 100 to. win. 105. and that's really all there is to. it so the next time you see your. favorite team has minus 1 15 odds to win. it won't look so odd