Get In the Game and Win Big: How Plus and Minus Betting Works in the US
Betting has become an extremely popular activity across the United States, and with the rising popularity of sports betting, a new type of betting has emerged. Plus and minus betting, more commonly known as spread betting, is now available in most states and is enjoyed by many fans of sports betting.
What is Plus and Minus Betting?
Plus and minus betting, also known as spread betting, is a type of wagering in which a team or individual with a negative or positive-point handicap is given to the chosen selection before betting commences. This handicap gives a slight advantage to the underdog in order to make the game more exciting for all bettors. For example, if an NBA team is heavily favoured to win by 10 points, a plus and minus betting line may instead give the underdog a 6-point advantage. This means that the winning team will still have to win by more than 6 points in order for the bettors who chose that team to win the bet.
Advantages of Plus and Minus Betting
Plus and minus betting is ideal for sports fans who are looking to place bets on a game that they’re passionate about. By creating a handicap system, betting on a game becomes more competitive and enjoyable. It also encourages more people to place bets on games which would otherwise be one-sided.
In addition, plus and minus betting also presents more opportunities to potentially win big. It encourages gamblers to take a risk, as they can potentially win large sums of money if their underdog team wins by more than the handicap points given.
How to Bet on Plus and Minus Bets
Before placing a plus and minus bet, it’s important to understand the different types of bets available and the range of handicap points that can be given. Here’s a brief overview of the different types of plus and minus bets:
- Three-Way Handicap: Also known as a Money Line bet, this bet allows you to choose between three possible outcomes: Team A wins, Team B wins, or a tie. A minus on Team A or a plus on Team B indicates how many points the underdog must overcome in order to win the bet.
- Asian Handicap: This type of bet allows bettors to place bets on two outcomes instead of three – a win or a loss. The handicap is usually given in quarter points and can range from -2.5 to +2.5. If the team with the minus handicap wins by one goal, the bet is pushed and refunded.
- Handicap Match Result: This type of bet is similar to the Asian Handicap, however it covers the entire match’s duration. The handicap is usually set to either 0 (draw) or to a fractional number (win).
How to Win Big with Plus and Minus Betting
For anyone looking to make money with plus and minus betting, the key is to pay attention to the particular handicap system and the range of potential outcomes. Pay attention to the different handicap formats and the associated odds. Also, research past trends and bet on teams that have a good track record against the chosen handicap point.
With the right handicap points and the right knowledge, plus and minus betting can be a lucrative game. So go ahead and try your luck – you may just win big!
What are the advantages and disadvantages of plus and minus betting?
Advantages of Plus Betting:
• Plus betting generally offers higher returns than traditional fixed odds betting.
• Plus betting allows for more flexible betting options and can be used for hedging and arbitrage.
• Offers the opportunity for traders to take on more risky trades with the potential for greater rewards.
Disadvantages of Plus Betting:
• Risk increases as the potential return can be equally as high as the potential loss on each bet.
• Can be more complex to understand and can be quite daunting for beginner bettors.
• Odds can change quickly, meaning that you have to monitor your positions regularly.
Advantages of Minus Betting:
• Minus betting offers more consistent returns than traditional fixed odds betting.
• You can get a fixed or near-fixed return rate depending on the bookmaker you are using.
• Minus betting also provides more stability in terms of the amount you can win as the bookmaker is protecting itself with the handicap they are offering.
Disadvantages of Minus Betting:
• Lower returns when compared to plus betting.
• Can be harder for inexperienced bettors to understand the difference between a plus and minus handicap and how the handicap affects the odds.
• Chances of winning are decreased due to the disadvantage given to one of the sides by the handicap.