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What does a rate of 12 mean? Bet 12 is one of the double-outcome bets. In such a bet, the player will receive a win if the match ends with the victory of one of the teams: either Team 1 or Team 2 (i.e., there will be no draw).

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A plus (+) represents longer odds, in which case you'll win more for your wager, while a minus (-) means you're betting on a more likely outcome (as deemed by the sportsbook) and will win less when you emerge victorious. For example,R$100 on +110 odds wins youR$110, whileR$110 on -110 odds wins youR$100.

What Does Plus and Minus Mean in Betting? - Techopedia
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