A sportsbook is a gambling establishment that lets people wager on different types of sports. It can be either online or at a brick-and-mortar location. There are many advantages to using a sportsbook to place your bets. These advantages include lower wagering minimums and more favorable odds on games.
-125 tells bettors which team is predicted to win
The sportsbook’s line tells bettors which team they believe will win. A plus sign indicates a favorite while a minus sign means an underdog. The number after the plus sign indicates the number of points the sportsbook believes the favorite team is worth. In some cases, an extra half-point or full-point can make all the difference between winning and losing.
The moneyline line can also tell bettors which team is expected to win. For example, the Miami Heat were predicted to beat the Oklahoma City Thunder in the 2012 NBA Finals. A betting line of +150 indicates that the team is expected to win by four points or more. A line of -125 means the team is expected to win by three or less.