If you wager on the favorite, they need to win by more than 7 points for your bet to cash. Also appearing as 'minus' and 'plus' lines, point spreads refer to how much a team has to win (or lose) by for a bet to cash.įor example, a favored team may have a -7 point spread, while the opponent has a +7 point spread. Point spreads are a way to keep betting lines close even for a lopsided matchup.

The plus odds reflect what you would win from a $100 wager, so winning a $100 bet on a +120 line would get your $100 wager back plus $120 in winnings. So if you wager $120 on a -120 betting line and win, you get your initial $120 back plus an additional $100. 120 for a favorite and +120 for an underdog).įor the favorites, that line reflects how much you would need to wager to win a $100 payout. Sports betting lines on FanDuel Sportsbook are presented in what is called the 'American odds' format, with odds for favorites getting 'minus' odds while underdogs get 'plus' odds (i.e. You will need to be physically present in the following states to participate in the promotion: Iowa and Illinois. This is a legal requirement that FanDuel Sportsbook must follow. When you register you will need to submit your SSN so that your identity can be verified.

There are also some important things to know about the registration process at FanDuel Sportsbook: Sign up for FanDuel Sportsbook today and get your first bet risk free for up to $500! What this means is if you don't win your first bet we will refund you up to $500 in site credit. Many sports will also have prop bets, which allow you to wager on things like players' individual performances in the game, as well as futures bets that allow you to wager on who will win a league championship. There are a variety of ways to bet on most sporting contests, from something as simple as picking who will win (moneyline) to betting on the margin of victory (point spread) or how many points will be scored in a game (over/under).

How Does Sports Betting Work?Įvery day, FanDuel Sportsbook has countless betting lines available for a wide variety of sports. With that in mind, here's a rundown of how sports betting works. While different sports obviously vary in a ton of ways, the core concepts of sports betting are applicable across the board. With sports betting being legalized in more and more states recently, there are more and more opportunities to bet on a wide range of sports at FanDuel Sportsbook.

Plus minus betting meaning