What do +125 and -125 Betting Odds Mean?

We’ll quickly explain what +125 and -125 betting odds mean. You’ll commonly see these values appear in moneyline odds, and with point spread, over-under totals, prop bets, and futures bets.


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+Odds Meaning

+125 betting odds means you risk $100 to win $125. Sides with + odds are underdogs. Note that some bets, like 3-way moneylines, props, and futures bets may have one or more underdog sides.

Divide the + moneyline by 100. Then multiply the quotient by your wager amount. In this case, (125/100) = 1.25, and $100 x 1.25 = $125. Here’s a sample calculation table.

+125 Odds Win Calculation

+125 Odds Win Calculation
MLCalculationExample
+Num(ML/100) x $Bet+125, $10 Bet
(125/100) x $10
1.25 x $10 = $12.50

-Odds Meaning

-125 betting odds means you risk $125 to win $100. A side with – odds is a favorite. There can only be one favorite side per betting market.

To calculate a -125 moneyline payout, first drop the minus sign. Second, divide your wager amount by the quotient of the – moneyline divided by 100. See the calculation below.

-125 Odds Win Calculation

-125 Odds Win Calculation
MLCalculationExample
-NumDrop – Sign
$Bet/(ML/100)
-125, $10 Bet
$10 / (125/100)
$10 / 1.25 = $8.00

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FAQs

What does +125 betting odds mean?

+125 means you risk $100 to win $125. Sides with + odds are underdogs. Note that some bets, like 3-way moneylines, props, and futures bets may have one or more underdog sides.

What does -125 betting odds mean?

-125 means you risk $125 to win $100. A side with – odds is a favorite. There can only be one favorite side per betting market.

Sports Betting Lessons

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Sports Betting Resources

  • How to Read Sports Betting Odds – Our helpful tutorial explains what the numbers mean for point spread, moneyline, total, and Asian Handicap bets.
  • Sports Betting Questions and Answers – Common sports betting questions and answers, a simple quick reference for beginners.
  • Sports Betting vs Casino Gambling – Learn how sportsbooks and casinos make money, and the important differences between each business model.
  • How to Read NFL Odds – Short and sweet guide to NFL point spreads, totals, and moneylines. We’ve got live example bets from upcoming NFL matchups.
  • Point Spread Bet – Understanding the point spread is key to betting on football and basketball. Learn how the point spread bet works with our tutorial video and text.
  • Over-Under Total Bet – Bet over or under the sportsbook’s line. We explain how to place this bet with easy examples, a video, and text explainer.
  • Moneyline Bet – Whether it’s a 2-way or 3-way moneyline, we’ve got you covered. Moneylines are available for almost every major sport league, including football, basketball, baseball, hockey, soccer, tennis, and combat sports.
  • Teaser Bet – A teaser is a modified parlay that lets you buy points to shift point spread and total lines in your favor. Our fun tutorial video and detailed text article explain how to place this bet.
  • If Bet Win-Only – Sequence multiple bets together in an if-then sequence. Your next bet only sees action if the previous one wins. Ideal for bettors with small bankrolls.
  • Futures Bet – We explain what a futures bet is, how it works, and when to bet on a future sporting event. Common futures bets include the winners of the Super Bowl, Final Four, Stanley Cup, World Series, and NBA Finals.
  • Parlay Bet – Combine multiple selections into one bet that returns a huge payout if all your selections were correct. We explain how parlay bets work and provide common parlay payout tables.
  • Progressive Parlay Bet – Also known as a “Close Call Parlay”, this parlay variant can win even if one or more of selections lose. Our article describes this bet in detail.
  • Parlay Card Betting – Parlay cards are issued by major sportsbooks midweek, allowing bettors to make multiple point spread, total, and prop bet selections that can return big payouts. Not to be confused with an “off the board” parlay!
  • Prop Bets – We explain what a prop bet is, how to place a prop bet, and provide an expansive list of sports leagues with plenty of props to bet on right now.