What does +200 mean on money line?
When odds are expressed with a plus (+) or minus (–) symbol followed by a number. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 net profit + $100 initial stake).
The Redskins are even heavier underdogs and are +400 on the moneyline. This means if you bet $100 you would profit $400.
If you're betting on Ferguson at +230, a $100 bet would win you $230, plus your original $100 back. You don't need to bet $100 on everything of course — that's just how the odds are displayed — and these moneyline odds scale to any bet amounts.
If you place a bet on the moneyline, that means you think the team you bet on will win the game. If they win, you win, no matter the score. While a point spread requires the team you bet on to win by a specified margin, moneyline does not.
Moneyline odds that are listed at +200 mean that a team is a clear underdog in the bet. The favorite will usually be listed at -110 or lower, and the underdog will have a (+) in front of their odds. If this is a futures bet, you need to consider the complete list to determine where this team or player falls.
Gamblers placing $100 down on a +140 line have the chance to win a total of $140. They also receive the original $100 to place the bet. If $100 is put on a +140 line and it's a loss, no money goes back to the player.
What does +600 mean in betting: If a team you are looking to bet on has odds at +600 this means they are big underdogs. But, a $100 bet on them would return $600 for the risk of taking a team 6/1.
A moneyline is a number larger than 100, and it is either positive or negative. A line with a positive number means that the team is the underdog. If the line, for example, was +160 then you would make a profit of $160 if you were to bet $100.
- Determine the sign before the odd: + or -.
- For an underdog (+): Divide the wager by 100. Multiply the result by the moneyline odd to calculate the profit.
- For a favorite (-): Divide 100 by the odds. Multiply the result by the bet - that's the payout.
(e.g. –150 means you must bet $150 to win $100.) If the odds are plus (+), that amount of money would be earned on a successful $100 wager. (e.g. +150 means you make $150 on a $100 wager.)
What does +170 mean in sports?
| Odds | In Words | What It Means |
|---|---|---|
| Giants +150 | Giants plus 150 | If you bet $100 on the Giants and they win, you win $150 |
| Cowboys -170 | Cowboys minus 170 | To win $100 for a Cowboys win, you have to bet $170 |
For converting moneyline to decimal, when the moneyline price is positive divide it by 100 and add 1. So = 300 ÷ 100 + 1 = 4.00. Or for example, 5000 ÷ 100 + 1 = 51.00. When the moneyline price is negative, take 100 and divide it by the moneyline amount (first removing the minus sign), and add 1.
Betting on favourites against the spread results in better payouts than when taking the moneyline. With underdogs, covering the spread requires winning the contest or losing by a less than the point spread.
When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game. That number also indicates how much money you need to bet/spend in order to win $100. For example, a -220 moneyline means you need to bet $220 in order to win $100 provided the team you bet on actually does win.
A moneyline bet is where you pick the winner of an event or game. The odds adjust based on the expected performance. Negative odds indicate favorites, and underdogs have positive odds.
A listed odd with a + sign in front of it, such as the +120 in our example above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits.
| Fractional Odds | Decimal Odds | American Odds |
|---|---|---|
| 21/10 | 3.1 | 210 |
| 11/5 | 3.2 | 220 |
| 12/5 | 3.4 | 240 |
| 11/4 | 3.75 | 275 |
...
7-Team Parlay Payout.
| Odds | Payout (individual bet) | Profit |
|---|---|---|
| Selection 5: 1.5 | $150 | $50 |
| Selection 6: 1.4 | $140 | $40 |
| Selection 7: 1.4 | $140 | $40 |
| Parlay Odds: 12.05 | $1,205 | $1105 |
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. For Guerrero at +500, you would win $500 on a $100 winning bet.
So, a -450 number would mean that you would have to bet $450 in order to win $100 in profit back. On the other hand, an odds number with a "plus" in front of it means that the team or player is an underdog.
How does money line payout work?
When you bet on a moneyline, you're merely picking one side of the bet to win. If the athlete or team you put your money down on wins, you get paid out at the posted sportsbook odds. You don't need to worry about the point spread or over/under total; all you need to do is pick the winning side.
When you see a plus sign in front of a number (like +150 for example) it tells you which team is the underdog. You get a higher payout betting on the underdog since they're less likely to win. The team with the plus sign (like +150) is the underdog. The number tells you how much profit you will win if you bet $100.
Cincinnati Bengals -4.5. Above is an football point spread. Pittsburgh is +4.5, with Cincinnati at -4.5, which means Pittsburgh is a 4.5-point underdog and Cincinnati is favored by 4.5 points. For a bet on Pittsburgh to win at +4.5, they can either win the game outright or not lose by an amount that surpasses 4.5.
Betting a moneyline wager on a team to win the Super Bowl is considered a straight bet, as well as betting an over/under on any given NBA game.
The spread, also referred to as the line, is used to even the odds between two unevenly matched teams. Bookmakers set a spread with the hopes of getting equal action on both sides of a game. For example, the Colts are a -3 point favorite against the Texans. The -3 points is the spread.
For example, in a boxing match, it would not be unusual to see odds such as these: Joe Louis -700. Ray Leonard +550. In this instance, those betting on Joe Louis are being asked to risk $700 to win $100, while Ray Leonard backers are risking $100 to win $550.
How does a moneyline pay out? Moneyline odds posted are based on a $100 bet, with favorites getting a negative number and underdogs a positive number. A favorite at -150 moneyline odds means a $150 winning bet wins $100 in profit. An underdog at +150 means a $100 winner brings in $150 in profit.
It's important to understand that these numbers are ratios, not hard numbers. You don't have to bet in $100 increments to participate in moneyline betting. Your potential payout will scale according to the size of your bet.
A +350 underdog means you risk only $100, but you win $350. You either lose $100, win $350, or your wager is a push.
If the spread is set at +7, this means that to cover, the underdog must either win the game outright or lose by fewer than seven points. For the favorite to cover, they must win by more than seven points.
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 New York sportsbook: Chicago Bulls -1.5.
A "minus" (-) preceding the number indicates the team is a favorite. A "plus" (+) preceding the number indicates the team is an underdog. Bet No. The Dolphins' odds are -180, meaning an $18 bet would win $10 for a return of $28.
If you want to figure out the win percentage for any given line, simply divide the moneyline you're seeing by that number plus 100. Easy once you get the hang of it.
The method for converting moneyline to decimal odds depends on whether the moneyline value is positive or negative. If the moneyline is positive, it is divided by 100 and add 1. Thus, +400 moneyline is the same as 5.0 in decimal odds.
Moneyline format to fractional
For positive moneyline odds, you create a fraction by placing the odds over 100. Then, if possible, you simplify the fraction. So, for +200, you'd create the fraction 200/100. This would be simplified to 2/1.
“Covering the spread” is another way to say that a team won a point spread bet. In the above example, the Bills or more as a -13.5 favorite means they covered the spread. If the Jets (+13.5) lost by 13 points or fewer, or won the game, they covered the spread.
The runline is not to be confused with moneyline bets, which keep that name in baseball. As in every sport, the moneyline bet is a bet on the winning team regardless of the score. The runline is baseball's version of a point spread.
A bet on the over means you think both teams will combine to score more goals, points, or runs than the total listed. Conversely, an under bet means you think there will be less than the total listed. It's that simple.
How often does the moneyline favorite win in the NFL? Since 1985, NFL moneyline favorites have won 66.5 percent of the time. Moneyline favorites finished 188-88-1 SU (67.1%) during the 2020 NFL season.
A moneyline is simply a bet type that only includes Odds, as in “Odds to win”. Example: a moneyline of +150, is just +150 odds ($100 to win $150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to win $100) for the listed team to win.
How does the line work?
Line betting is a form of betting where the market is handicapped to make both betting outcomes equal. The bookmakers achieve this by giving both teams a margin, known as a line. If the bookmakers believe that one side is 12.5 points better than their opposition, you can back them to win by 13 or more points.
Baseball wagering is based on a money line, which means laying or taking money odds. Unlike poinstspread bets, the payoff on a winning selection varies according to the odds. Baseball odds are expressed as 3-digit money line. All money lines are based on $100.
A prop bet is basically a wager on a game not directly tied to the actual outcome of the contest. There are props that have to do with a game as a whole, as well as on the performance of the teams involved. Many of the most popular props revolve around the accomplishments of individual players.
Betting on favourites against the spread results in better payouts than when taking the moneyline. With underdogs, covering the spread requires winning the contest or losing by a less than the point spread.
When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game. That number also indicates how much money you need to bet/spend in order to win $100. For example, a -220 moneyline means you need to bet $220 in order to win $100 provided the team you bet on actually does win.
A moneyline bet is where you pick the winner of an event or game. The odds adjust based on the expected performance. Negative odds indicate favorites, and underdogs have positive odds.
A game with a spread will have a favorite (the team expected to win) and an underdog (the team expected to lose). A favorite “gives” points and is identified with a minus sign next to their point spread. The underdog “gets” points and is identified with a plus sign next to their point spread.
Pick Your Own Line
It takes the concept of line betting a step further and provides fixed odds prices on a range of different lines. Instead of just having one line to choose from where the odds are relatively equal, bettors can choose from any number of lines; naturally, the odds change depending on the chosen line.
Sportsbet sets a daily maximum win of AUD$500,000, unless otherwise negotiated.
- 10 Baseball Betting Tips.
- Avoid Big Favorites. Oddsmakers know that recreational folks in baseball betting love to take favorites. ...
- Take Advantage of Plus-Money Underdogs. ...
- Bet Against the Public. ...
- Follow Reverse Line Movement. ...
- Focus on Divisional Dogs. ...
- Know the Weather. ...
- Know the Umpires.
What does +2.5 mean in baseball?
A team at +2.5 is getting 2.5 runs. The plus sign means they are getting 2.5 runs added to their final score. So if they lose 5-3, you add 2.5 runs to their total, and now the bet wins 5.5 to 5. You can also make it so the favored team can lose by up to two runs or that the underdog can win by three runs.
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. For Guerrero at +500, you would win $500 on a $100 winning bet.
While prop bets are awesome for entertainment value, a lot of people are surprised to realize that they can also be extremely profitable and a key part of a long term winning sports betting strategy. A lot of props are just for fun with no strategy involved. This is especially true around big events.
In gambling, a "proposition bet" (prop bet, prop, novelty, or a side bet) is a bet made regarding the occurrence or non-occurrence during a game (usually a gambling game) of an event not directly affecting the game's final outcome.
What is meant by the term "To Score 2 or More Touchdowns"? One of the most popular "exotic" bets to make on football (usually the NFL, but also college football and the CFL) is whether a player will score at least 2 touchdowns in a game. This is the "To Score 2 or More Touchdowns" line.
