What does a 3/5 bet pay?
Odds with $2 Minimum Payoff for Horse Racing
What does minus 3.5 mean in betting?
When there’s a minus sign in front of those odds, it suggest the amount of money you need to bet to win $100.
What does minus mean on a bet?
A “minus” (-) preceding the number indicates the team is a favorite. A “plus” (+) preceding the number indicates the team is an underdog. Example: Pitcher listed is starting pitcher. Bet Num.
What does a minus 2.5 Spread mean?
The negative (-) sign indicates that the Cowboys are the favorites, while the positive (+) sign indicates that the New York Giants are the underdogs. With the spread set at 2.5 points, a bet on the Cowboys would mean that they would have to win by more than 2.5 points (3 or more) in order for you to win that bet.
What is the probability of 3 to 5 odds?
It will happen with a chance of 60 percent.
What does 1/5 odds mean in horse racing?
This means you will be paid for your win part of your bet at the odds chosen when you placed the bet and for the place part of your bet at 1/5 of your odds. Example: Bet Stake:£20.
What does 3.5 mean in betting?
3.5 goals is a money-line used by bookmakers to form an over/under 3.5 goals market. By setting the money line at 3.5 goals, bookmakers make it a 2-way market by removing any chance of the draw. The only two results that are possible are over 3.5 goals or under 3.5 goals.
What does a negative point spread mean?
A point spread is a bet on the margin of victory in a game. The stronger team or player will be favored by a certain number of points, depending on the perceived gap in ability between the two teams. A minus sign (-) means that team is the favorite.
What does 1.5 spread mean?
Setting the line at just 1.5 does mean that these two teams are extremely close. This is what is called a “spread” bet, or “betting against the spread.” This is a very common bet in basketball and football games, but it is seen in other sports as well.
How much money would you win if you bet $100?
A winning $100 stake could win up to $150 in profit, for a total payout of $250 payout. At +250 odds, a pick is a definite underdog. A $100 wager stands to win $250 in profits, for a total payout of $350.