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Originally Posted by Gander
Thanks Richi. I am ignorant when it comes to betting sports, so very unfamiliar with any kinds of odds besides the system used in horse racing.
Good luck tomorrow.
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Here is what it means. Let's say that the Yankees are at home and they're playing some crappy team. The yankees would probably -230. That means that you would have to bet $230 just to win $100. In other words, if you went up to a betting window in LAs Vegas and handed them $230 and the Yankees won, you would get back a total of $330. You would make a $100 profit.
If you wanted to bet the crappy team against the Yankees, the odds on the crappy team would probably be +210. That means you would make $210 for every $100 you bet. If you went up to the window and put $100 on the crappy team and the crappy team won, you would get back $310, meaning you would make a profit of $210.