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What do + and - mean in sports betting?
In terms of the spread, the " - " always refers to the favorite and the " + " always refers to the underdog.
For example, you can bet the Dallas Cowboys as a -7 point favorite to beat the Green Bay Packers or the Packers as a +7 point underdog.
If you bet the Cowboys -7 and they win by more than seven points, you win your bet.
If you bet $100 on the Eagles to win at -150, you would net a payout of $166.
In this case, the payout would be decent for every situation mainly because the teams are even and there are three possible results compared to just two for something like football (unless they go scoreless in overtime).
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