How Do Odds Work in Betting?

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What does a minus 6.5 spread mean?

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What Does -2, -3.5 and -7 Mean in Point Spreads?

American odds start with either a positive or negative sign (e.g. -200 or +200). A minus sign indicates a bookie’s favorite to win while a plus symbol indicates an underdog.

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This means that you’ll get $1.50 for every $1 you wage. For the most part, the minus stays around -110, which means a bet of $110 would give you winnings of $100 if your bet actually wins.

Odds Shark shows you how the betting line is set,who sets the line, andwhy lines moveduring the week. When it comes to the different sportsbooks out there it is possible to find different point spread lines but generally, most sportsbooks will have similar stats.