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I understand that, for example in the Lakers-Nets game, the Lakers are -240 and the Nets are +180. I know this means the Lakers are the favorite but exactly what is the line?

April 26, 2017favorite lakers means nets understand

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I understand that, for example in the Lakers-Nets game, the Lakers are -240 and the Nets are +180. I know this means the Lakers are the favorite but exactly what is the line?

1 Answer

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All odds are based on $100, which is the standard unit. So if the Lakers are -240, it means you would have to bet $240 to win $100. This isn’t very good value and you would have to wager a lot to win a little. With the Nets at +180, you would have to bet $100 to win $180. This wager is much better value, but the chances of the Nets winning are much less. Your No. 1 priority is, of course, to pick a winner. But always try to find the best value.