ELI5. How do they numbers in sports betting work. I get Oilers +1.5, but what does+160 mean?
In: Other
These are known as **moneyline odds.** If there’s a “+” in front, it’s how much profit you’d make on a $100 bet. So, for +160, I would bet $100 to win my $100 back *plus* $160.
If there’s a “-” in front, that’s the amount of money I’d have to bet to win $100 in profit. So, for the odds -160, I’d have to bet $160 to win my bet back plus $100.
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