As a rookie gambler, understanding the concept of odds and betting lines can be confusing—especially when differentiating between plus and minus betting. So, what does plus 100 mean in betting? Well, to start with, plus betting means you stand to win your stake back or more and is, hence, a very popular avenue for bettors looking to win big.
We explain the plus and minus betting below, as well as how it relates to all of the major American sports—such as the NFL, NBA, and MLB—and how you can use it to your advantage to maximize value. This includes extensive and thorough research on the topic, leaving no stone unturned.
What Does Plus 100 Mean In Betting?
At a +100 odds line or higher, this means you stand to win at least your wager back if your bet is successful. At +100 exactly, you have the opportunity to win the exact same amount that you are wagering on a given bet.
For example, if you were to place a $100 wager at +100 odds with a US sportsbook, that means you would profit a total of $100, and your total returns, including wager, is $200.
Plus odds mean the selection is the underdog, and the sportsbook thinks this outcome is less likely to happen than the minus selection, which is the favorite.
The decimal equivalent of +100 is 2.0, and the fractional equivalent is 1/1 or Evs. These odds have an implied probability of 50/50, so you’re essentially flipping a coin.
Total Winnings For Different Plus 100 Wagers
- $10 wager = $20 return ($10 winnings, plus your stake)
- $50 wager = $100 return ($50 winnings, plus your stake)
- $200 wager = $200 return ($200 winnings, plus your stake)
- $500 wager = $1,000 return ($500 winnings, plus your stake)
- $1,000 wager = $2,000 return ($1,000 winnings, plus your stake)
What Percentage Of Plus 100 Bets Win?
+100 bets have an implied probability of 50%, meaning you have the same chance of winning as you do losing.
What Does Minus 100 In Betting Mean?
The opposite of plus betting is minus betting – and this regards odds of -101 or shorter. At a -101 odds line or lower, this means you stand to win less than your wager back if your selection is deemed a winner.
An example of this is placing a $100 wager at -110 odds, which would give you a profit of $90.91. Your total payout, including your wager, is $190.91.
Minus odds mean the selection is the favorite, and the sportsbook believes this outcome to be more likely than the plus outcome, which is the underdog.
The decimal equivalent of -110 is 1.91, and the fractional equivalent is 10/11. These odds have an implied probability of 52.4%, meaning it’s more likely to win than not.
An Example Of A Plus 100 Betting Opportunity
To help you understand how to maximize plus betting opportunities, we have picked out several intriguing value selections across different US sports.
The Boston Celtics are primed for NBA Championship glory this season, and they will feel their time has come. The +225 odds for the best team in the league to win it all are very fair.
The San Francisco 49ers have tasted the agony of Super Bowl defeat twice since the turn of the decade, but they’re a progressive team and should keep improving.
The Masters is the only golf Major that legendary star Rory McIlroy is left to collect. He’s had his eyes on this prize for a long time, including some close calls – but he’ll feel his time in the sun is due.
Best US Sports For Plus 100 Betting
The four major American sports attract plenty of bettors throughout the year. No one sport is necessarily better than the others; it’s down to personal preference and which sport you think you know best.
You can wager on all four if you like! There are plenty of options on the market to take advantage of and start making a profit as soon as possible.
NFL Plus Betting
The three most popular bet types on the NFL are the money line, total points, and spread markets.
Another popular avenue for plus betting on the NFL is through player prop markets, where you can wager on a quarterback throwing a certain number of passing yards, for example.
You can also bet on stuff like first touchdown scorer, last touchdown scorer, anytime touchdown scorer, and more. Regarding maximizing value in plus betting, futures markets are one to keep an eye on for the NFL.
NBA Plus Betting
Like the NFL, NBA betting is quite similar. The three most popular bet types are the moneyline, total points, and spread markets.
NBA markets also have player props available to bet on, where you can wager on how many points, assists, or rebounds a player will record – as well as three-pointers made.
Additionally, you can wager on who will score the first basket of the game, a popular market with plenty of juicy plus odds.
NHL Plus Betting
Betting on the moneyline is probably the most loved avenue for hockey bettors, but they are also keen on the puck line (spread) and the 60-minute line (which doesn’t include overtime).
Prop betting is available, too, with goalscorers, player assists, and goaltender saves to wager on. You can also bet on the first, last, and anytime goalscorers in the game.
A popular NHL bet is called a ‘Grand Salami’ which allows you to bet on the over/under total goals from every game on a given night combined, especially if there are around ten games.
MLB Plus Betting
Like the others listed above, moneyline bets, run line (spread), and totals are very common for MLB.
Most of the top US sportsbooks offer prop bets on player home runs, strikeouts, and total hits during a game.
Same-game parlays are another favored option in MLB plus betting, combining wagers from multiple games to form one parlay with huge odds.
