Plus money

Plus money is a sports betting term used to describe a bet that yields a potential profit greater than the initial risk. Plus money returns are seen for bets that are perceived as having a lower probability of occurring such as underdog moneylines and futures.

Plus money in different odds formats

American odds

American odds format displays betting odds through positive and negative numbers. These are used to indicate potential profit relative to a 100-unit base figure. Positive odds indicate the amount of profit that would be made off a $100 risk. A bet with a 1:1 return carries +100 odds. Markets with these odds are said to be even money as a $100 risk yields a $100 profit for a total return of $200. Positive American odds of +101 or greater will be considered plus money as the potential profit will always exceed the $100 initial risk.

Decimal odds

Decimal odds displays betting odds as decimal numbers. Multiplying initial risk by the decimal value calculates the total return (which includes both the initial risk and profit). An even money bet with a 1:1 return would have 2.00 decimal odds. Multiplying a $100 initial risk by 2.00 odds yields a $200 total return. Subtracting the initial risk of $100 reveals $100 profit. Decimal odds of 2.01 or greater will be considered plus money as profit exceeds initial risk.

Fractional odds

Fractional odds use fractions to display betting odds. Multiplying initial risk by the fractional odds calculate potential profit. An even money bet with a 1:1 return would have 1/1 fractional odds. Multiplying a $100 initial risk by 1/1 fractional odds yields $100 in profit. Fractional odds that carry a reduced fraction greater than 1/1 are considered plus money.