When you see +140 as odds in sports betting, it signifies that the wager is an underdog option.
In simpler terms, if you bet $100 on this selection and it wins, you stand to win $140.
So, your total return would be $240 – the $140 winnings plus your original $100 stake.
The ‘+’ symbol indicates that the outcome is less likely to happen according to the bookmaker, hence the higher potential payout.
This contrasts with odds that have a ‘-‘ sign in front of them, which show how much money you would need to wager to win $100.
How does this affect your betting strategy?
Knowing what “+140 odds” means can significantly impact your betting strategy. It provides insight into the risk and rewards of the bet.
While a +140 bet might be more risky (since it’s an underdog), the potential payout is also higher.
For instance, let’s say you bet $100 on a team with +140 odds and they win. You’d receive $240 in return – your initial $100 stake plus $140 in winnings.
On the other hand, if the team loses, you’d be out your $100 stake.
When should you consider this type of bet?
Consider placing a +140 bet when you believe that the underdog has a better chance of winning than what the odds imply.
Remember, sports betting isn’t just about picking winners and losers. It’s about finding value.
If you think the underdog’s chances are being undervalued, that’s when a +140 bet could be worth considering.
Finding the most profitable odds
Finding the most profitable odds can be a game-changer. One way to do this is by using odds comparison tools like OddsJam.
These tools allow you to compare odds from different bookmakers and find the best value.
This way, you can maximize your potential winnings and make more informed betting decisions.
Successful sports betting isn’t just about understanding what the numbers mean. It’s also about strategy, patience, and, of course, a little bit of luck.