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Whereas negative (-) odds tell you what you have to bet on the favorite to winR$100, positive (+) odds tell you how much you'll win for everyR$100 you wager on the underdog. So, a team with odds of +120 would payoutR$120 for everyR$100 wager.
So, a bettor looking to winR$100 will riskR$180, while a bettor looking to winR$50 would wagerR$90. Remember the amount you wager remains with the sportsbook if your side loses, while a winning bet returns your winnings and initial investment.
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  • Hedging bets is by far the most successful betting strategy. This is where you're able to place multiple bets to cover all possible results and still make a profit regardless of the outcome of the game.

    What is the Best Way to Make Money Betting?

    1
    Specialize in a Specific Sport or League. Rather than trying to bet on a wide range of sports, focus on one or two sports or leagues that you know well. ...
    2
    Be Disciplined with Your Bankroll. ...
    3
    Bet on Value, Not Favorites. ...
    4
    Consider Live Betting. ...
    5
    Keep Good Records.
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