How do you read sports betting odds?

What do odds of +200 mean?

Getting odds at +200 can be extremely valuable if you are able to win the bet. For example, if you were to place a bet of $100 on a team with odds at +200 you would win $200 for that play. You would also get your $100 bet back, meaning that $300 would go back into your account.

What does +190 mean in betting?

The lower number also means a lower payout, which is always the case for betting the favorite on the moneyline. A $100 bet on Arsenal +150 would net $250, while a $100 bet on Everton +190 would net $290.

What does +4.5 mean in sports betting?

+4.5. -110. As you can see, Dallas is the 4.5-point favorite, which means the Cowboys would need to win the game by five points or more to win the bet. Conversely, New York is a 4.5-point underdog, which means to win the bet the Giants would need to win outright or not lose the game by more than four points.

What happens if you bet $100 on a +140 money line?

An underdog at +140 moneyline odds means a $100 winner nets you $140 in profit.

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What does +1.5 mean?

In order to help you understand betting odds, we will use +1.5 as an example. When you see a +1.5 in front of a team’s name, that means that they are 1.5-point underdogs in that matchup. Here is what this might look like from a sportsbook: Chicago Bulls -1.5. Miami Heat +1.5.

What are 9 to 4 odds?

9/4: For every 4 units you stake, you will receive 9 units if you win (plus your stake). If you see fractional odds the other way round – such as 1/4 – this is called odds-on and means the horse in question is a hot favourite to win the race.

What is 5/2 odds mean?

The tote board does not show decimals, therefore, 5/2 odds means that the odds on a horse are 5 divided by 2, or 2.5-1. … If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $10 (5 x 1 x $2) + your original bet of $2 – for a total of $12.

What does +1200 mean in betting?

Common Betting Odds Conversion Table

Fractional American Demical
7/2 350 4.50
4/1 400 5.00
7/1 700 8.00
12/1 1200 13.00

What does +700 mean in betting?

+700 means if you bet $700 on yourself and win, you will make $100. It is expressed in $100. If you were -700, and you bet $100 on yourself and win, you will make $700. These will change once bets are placed. It accounts for your win/loss and money placed on you or other players.

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What does 110 mean in betting?

The standard (and often implied) number is –110, meaning a successful bet of $110 would net $100 profit. This is the “juice” or “vigorish” (aka “vig”) for the house or sportsbook.