what does 800 mean in betting

image

Odds such as +800 stand for the underdogs or highly difficult bets. Odds like -200 refer to betting on the favorite in the match or a fairly predictable or easy bet. The larger the number, the bigger the favorite to win the match.

In this example, Mayweather is the favorite at -800, which essentially means he’s an 8-1 favorite. Just remember this: a minus-sign means you have to bet that amount to win $100. A plus-sign means that you win that amount if you bet $100. For Mayweather at -800, you have to wager $800 for every $100 you have to win.

Full
Answer

What does +800 and-200 mean in sports betting?

Answer: +800 in sports betting basically means that for every $100 you wager, it would return to you $800 plus your bet back for a total layout of $900. Provided you win the bet. The + before the amount shows that the team you’re betting on is the underdog or is not expected to win.

How much does $100 bet on +800 pay?

Jan 07, 2022 · If a team was a (+800) underdog, a winning moneyline bet of $100 would result in a net profit of $800, equalling out to a $900 net profit. This american style is preferred in North America, but if you are in Europe, your sportsbook is likely to …

What does (-400) mean in sports betting and wagering?

Dec 04, 2021 · The +150 means you’ll win $150 if you place a $100 bet and the Browns win. The -110 means you’ll need to bet $110 to get a $100 payout if the Steelers win. With spread betting, each team is given certain points that they’ll have to meet for you to win. Let’s say the odds say Browns +3 and Steelers -5.

What does-110 mean in sports betting and wagering?

The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered.

image


What does +700 mean in betting?

Above, you see Mayweather is -1100, while Maidana is +700. Minus means favorite and plus means underdog, so Mayweather is favored at -1100. With a minus-sign, that’s the number we need to bet to win $100. With a plus-sign, that’s how much we win if we bet $100.


What does +400 mean in a bet?

This means that if you risk $100, you would profit $195 if they win. The Redskins are even heavier underdogs and are +400 on the moneyline. This means if you bet $100 you would profit $400.


What does +220 mean in betting?

Positive money line: +145, +220, or anything similar represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers. The number also indicates how much money would win in comparison to every $100 you wager.Jul 8, 2019


What does +9.5 mean betting?

This means that the point spread market on the sportsbook would look like this: Lakers -9.5 Pelicans +9.5. If you back the Lakers to cover the spread, then they must win by 10 points or more for your bet to be a winner.Feb 26, 2021


What does a +7 spread mean?

What does +7 spread mean? If the spread is seven points for a game, it means the underdog is getting seven points, noted as +7 on the odds. A team posted at -7 is the favorite and is laying seven points.May 27, 2020


What does 1000 mean in betting?

Odds Conversion TableFractionalDecimalImplied Probability20/121.004.8%50/151.002%100/1101.001%1000/11001.000.1%12 more rows


What does +1200 mean in betting?

+1200 means that if you bet $100, you win $1200…… BRgolfer posted 7 years ago. Varsity [220 pts / 100%] When it is a minus sign in front of the odds, you have to bet that amount to win $100.


What does 900 mean in betting?

Odds conversionDecimalFractionalMoneyline3.002/1+2004.003/1+30010.009/1+900101.00100/1+10,0007 more rows


What does +3 spread mean?

In a spread bet, the odds are usually set at -110 on both sides, depending on the sportsbook and state. That means whether you bet the Colts -3 or Texans +3, you’ll win the same amount of money if you win the bet.


What does 1.5 spread mean?

Point spread betting in baseball The point spread in baseball odds is often referred to as the run line. In MLB, the run line is almost always set at 1.5, meaning the favorite needs to win by two or more runs.


What does spread mean in NBA?

The point spread – also called “the line” or “the spread” – is used as a margin to handicap the favorite team. For betting purposes, the oddsmaker predicts that the favored team will win by a certain number of points. This number of points is the point spread.


What does the plus and minus mean in sports betting?

To be able to make any consistent money betting on sports, it is essential to understand everything that goes into making a betting line.


The Minus (-)

When you see the minus sign in sports betting, your first thought should be “favorite”.


Live betting odds changes

While the plus and minus sign represent the underdog and favorite, this can all change once the game begins.


Sports Betting Odds Explained

Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.


American Style Sports Betting Odds

Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:


Decimal Style Sports Betting Odds

Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:


What does the (+) mean in betting?

The (+) indicates who the underdog is . If you are betting on the Miami Heat to win (+102) against Milwaukee Bucks (-121), you are essentially backing the underdog in the game. On the other hand, you have the Bucks who are posted at (-121). This means they are more likely to win.


What do odds tell you?

Betting odds achieve three essential things. They tell you which team or player is more likely to win, and they give you an idea of how many sportsbooks think a favorite would win and what you stand to win betting on one outcome or another.


Is there a draw option in sports?

Not every sport has a draw option, and definitely not when it comes to American sports. Having an NBA or NFL team finish with the exact score is an incredibly rare occurrence and will usually never be the case.


Is it hard to calculate winnings with American odds?

Calculating your potential winnings with American odds is not difficult at all. The formula is actually very simple, and while a Bet Slip will usually convert the numbers for you automatically, it’s good to know what actually happens in the background.

image

Leave a Reply

Your email address will not be published.