What Do Negative Sports Betting Odds Mean?


 What do negative odds mean? These odds are less complicated than positive odds, but they still have their own nuances. If you bet $100 on the Golden State Warriors, for example, you would expect to win at least two-thirds of the money. However, if you bet on the same team at negative odds, you'll need to make a profit of at least two-thirds in order to break even.

An example of a situation where odds are negatively impacted is when you bet on an underdog fighter. An underdog fighter might have odds of $350, but if the odds are three to one, she will win if she's the favorite. In such a case, the positive odds are much higher than the negative ones. If the Singapore pools odds are high, the underdog will win, and vice versa.

If a team is favored, the money line will be 'negative.' In other words, you should bet a higher amount than the negative number. For example, if you're betting $100 on a team, you should look for a money line of +200. This is equivalent to a fractional '1/2' or decimal odds of 1.5. In this case, you'll need to bet $230 to win $100. This isn't a mandatory wager, but the negative money line is the basis for calculating the payout. If you bet $23.30, you'll make a profit of $10.