With an over/under, you're not betting on either team, but rather the final score of the game. If you wager on the +7 underdog, you win the bet as long as they lose by fewer than 7 points. 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 heavily favored team may have a -7 point spread, while the opponent is at +7. 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. NFL 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.