Sports betting is all built around the betting odds and in order to fully enjoy sports betting, you will need to understand what betting odds are, how they work and what the mean each time you place a bet on a particular odd. Here we are going to explain what betting +1.5 means in sports betting.
First it is important to understand that the positive and negative before the umber are vitally important. When you see a positive or plus in front of the odd, it means that team is considered the underdog, or least likely team to win that match, by the sportsbook. The negative symbol means that the team is the favorite to win. Let’s use an example by looking at t match between Houston Texans and the Jacksonville Jaguars.
Houston Texans -1.5
Jacksonville Jaguars +1.5
This means that the Sportsbook believes that the Houston Texans are more likely to win the match. However with the odds being -1.5 an +1.5, instead of -3.5 and +3.5, they believe that it will be a very close match.
These odds are the Spread, or Spread odds. The betting sites offer spread betting as it makes the betting more fun, as it includes a handicap that the favorite needs to overcome. The spread odds represent the additional points each team need to score in order to win the spread bet. In the example above, the Houston Texans need to win the game by at least 2 points (i.e. more than 1.5) in order for the spread bet to win.
+1.5 Meaning in Sports Betting for different sports
Although you can find spread betting odds like +1.5 and -1.5 in multiple sports, the most popular sports are NFL and NBA. The main reason being that you want high scoring sports to make it more fun and enjoyable. However, the result is always the same, with the + representing the underdog and the – representing the favorite to win.
Does +1.5 Stay the same
As a match gets closer to starting, the betting site might have new information or might have lots of bets going in a certain direction, and so they can change the 1.5. The likelihood is that they will probably NOT change the favorite and the underdog, but rather change the spread, perhaps to +2.5 or +3.5
Should you bet on +1.5
Spread betting adds a fun element to betting. If there was only the Moneyline available, then most players would bet on the favorite most of the time. But by adding in a handicap of score/points difference, it makes the betting more fun.