The higher they are on the plus side, the larger their underdog status. There are numerous sportsbooks out there, ranging from casinos in Las Vegas to new, digital sportsbooks that are operated in certain states by companies like FanDuel and DraftKings, among many others. If a home team is being given points, that means they are a true underdog.

That’s done by the sportsbooks, which are the oddsmakers in the betting sphere - on the street, they’re often referred to as bookies.