When you start online sports betting in India, understanding how to read betting odds plus minus is essential. These odds indicate the probability of an event happening and show potential returns on your wager. Plus-minus odds, also known as American odds, are commonly used on international platforms and can be quite straightforward once you get the hang of them.
Plus odds (for example, +150) show how much profit you would make on a ₹100 bet. For instance, if the odds are +150, a ₹100 wager would return ₹250 in total – your ₹100 stake plus ₹150 profit. These odds are given to the underdog or the less likely winner in a match.
Minus odds (for example, -120) indicate how much you need to bet to win ₹100 profit. So, if the odds are -120, you must bet ₹120 to make a ₹100 profit. These odds typically belong to the favourite or the more likely winner.
To calculate potential returns with plus-minus odds, remember:
- For plus odds: Potential payout = (Stake × Odds/100) + Stake
- For minus odds: Potential payout = (Stake × 100/Odds) + Stake
This system helps you quickly estimate your possible winnings and risk. Many Indian bettors prefer decimal or fractional odds, but knowing plus-minus odds broadens your understanding, especially when betting on international sports or through foreign online sportsbooks.
In practical terms, when you see a match with Team A at -150 and Team B at +130, Team A is the favourite, so you need to risk ₹150 to win ₹100. For Team B, a ₹100 bet can earn you ₹130 profit if they win. This insight helps you decide where the value lies before placing your bet.
By mastering how to read betting odds plus minus, you can navigate online betting sites in India with more confidence and make smarter betting choices.