Book makers state the odds for point spreads as plus or minus a number. For instance, when the odds for a game are +9, it means that the gambler is betting that the underdog team will lose by at least 9 points. Similarly, if the point spread is -9, it means that the favorite is expected to win by at least 9 points.
What does +10 mean in gambling?
A team that is listed as -10 is a 10-point favorite to win that game that day. If the Dallas Cowboys are -10 against the Washington Redskins and you bet the Cowboys they must win by more than 10 points for you to win your bet.
What does 10 to 9 odds mean?
This means that out of 19 possible outcomes, odds are that there will be 10 of one kind of outcome and 9 of another kind of outcome. For every 19, odds are that 10 will be a particular event and 9 will be another event.
What does +800 mean in gambling?
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.
What do the odds 9 to 5 mean?
This means that out of 14 possible outcomes, odds are that there will be 9 of one kind of outcome and 5 of another kind of outcome. For every 14, odds are that 9 will be a particular event and 5 will be another event.
How much money would you win if you bet $100?
This means for every $100 you bet, you win $200. Undeniably, American odds are the most straightforward.
What does 1 to 9 odds pay?
Standard Win Bets and Payouts
What are 7 to 2 odds?
When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return. This means when you bet $2, the total return if the bet is successful is $9.
What do 9 2 odds mean?
Example #2: A horse that wins at 9-2 will return $4.50 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $9.00 (4.50 x 1 x $2) + your original bet of $2 – for a total of $11. Generally, payoffs are as follows, based on a $2 wager: ODDS. PAYS.
Who is Super Bowl favorite?
The Chiefs, listed at +550 at Caesars Sportsbook by William Hill, are the favorite to win Super Bowl LVI. The Green Bay Packers are next at +900, followed by the champion Tampa Bay Buccaneers at +1,100.
What does 12 to 1 odds pay?
For every 13, odds are that 12 will be a particular event and 1 will be another event. There is a 92.31 percent probability of a particular outcome and 7.69 percent probability of another outcome. If you bet 1 on a game with 12 to 1 odds and you win, your total payout will be 13.00 which is your bet plus 12.00 profit.
What is a moneyline bet?
By Dan Santaromita May 5, 2021 1. A moneyline bet is the most basic wager in sports betting. In the simplest terms, it is a bet on which team will win a game. There’s no point spread and no conditions.
What do the odds 9 4 mean?
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. … Again it means the horse in question is expected to win the race.
What are 7 to 1 odds?
This means that out of 8 possible outcomes, odds are that there will be 7 of one kind of outcome and 1 of another kind of outcome. For every 8, odds are that 7 will be a particular event and 1 will be another event.
What are best odds?
Best Odds Guaranteed is a concession or promotion offered by some bookmakers that applies to horse and greyhound racing. It means that when you take an early price or a fixed odds price about your selection for a particular race then if the SP (Starting Price) is greater, you are paid out at the biggest odds.