For example, a favorite’s odds might be something like -110 while an underdog’s odds might be something like +125.Īlthough moneyline betting is the easiest type of wagering, you might still be confused when confronted with the American odds. On the other hand, a plus sign indicates the underdog’s odds and represents the amount you can win from a $100 bet. A minus sign indicates the odds for the favorites and is the amount that you must bet for a $100 payout. Sportsbooks display the odds for moneyline betting in the American odds format. Betting on the underdog will always net you a greater return than a bet on the favorite. It’s purely a bet on your pick to win a match, with no strings attached. A moneyline bet is one of the most straightforward bets in sports betting and is popular for low-scoring sports.