How do you read odds?

The number that follows the negative symbol (the odds) reveals how much to bet for every $100 you want to win. For example, as explained above, if the team you're betting has -110 odds, you need to wager $110 to win $100. If your team has -150 odds, you must risk $150 to win $100.

How do you read +200 odds?

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).

What does +140 mean in odds?

Let's say Team A has odds of +140. This would mean that you'd get $140 if you bet $100 and your team wins. If Team B has -140, it means you'll have to bet $140 to win $100.

How do you read odds minus plus?

The Money Line: Odds for a game based on $1. A "minus" (-) preceding the number indicates the team is a favorite. A "plus" (+) preceding the number indicates the team is an underdog.

What are 9 to 4 odds?

9-4 Betting Odds means that out of 13 possible outcomes, the 9/4 odds are that there will be 9 of one kind of outcome and 4 of another kind of outcome. The 9-4 odds calculation means for every 13 betting events your selection should win 4 times and on 9 occasions the selection will not win.

Guide to Reading Betting Odds: What they Mean & How to Use Them

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 does 40 to 1 odds mean?

It suggests you have a 50/50 chance of success. If you are betting on a longshot NFL futures bet at odds of 40/1 (these fractional odds convert to +4000 in American odds; decimal odds of 41.00), your implied chance of success is 2%.

How do you read odds for dummies?

Whereas negative (-) odds tell you what you have to bet on the favorite to win $100, positive (+) odds tell you how much you'll win for every $100 you wager on the underdog. So, a team with odds of +120 would payout $120 for every $100 wager.

What does +7 mean in odds?

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 a negative spread mean?

In the simplest terms, a negative spread indicates the favorite, which is the side that's expected to win the matchup. A negative point spread really means that team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread.

What does +150 mean in odds?

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.

Why bet on negative odds?

The minus sign shows you which team is favored. When you bet on the favorite you get worse payout odds on your bet since they're more likely to win. The team with a negative number (like -110) is the favorite.

Are +150 odds good?

If the odds on a tennis player said +150, that means that for a $100 bet, you would win $150. Now, if there is a minus sign in front of the odds, that is the number that you would have to bet in order to win $100. For example, if a football team was -250, that means you'd have to bet $250 to win $100.

What does +225 mean in odds?

Example #2: The Buffalo Bills are -278 to win while the Jets are +225. This means if you want to bet on the Bills to win you would need to risk $278 in order to profit $100. If you bet $100 on the Jets you would profit $225.

What does +190 mean in odds?

In this case where both teams have a " + " in front of their odds, the team with the lower number is the favorite. 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 a minus 3 spread mean?

A minus 3 spread means that the team that is favored is expected to win by 3 points. This means that if you bet on a team's spread at -3, then the team must win by at least 3 points for you to win your bet.

What are 1 to 9 odds?

The 9-1 odds calculation means for every 10 betting events your selection should win 1 time and on 9 occasions the selection will not win.

What do the odds 2 to 9 mean?

The 9-2 odds calculation means for every 11 betting events your selection should win 2 times and on 9 occasions the selection will not win.

What do odds of 1 to 5 mean?

What does 1 to 5 odds mean? 1-5 Betting Odds means that out of 6 potential outcomes, the 1/5 odds are that there will be 1 of one kind of outcome and 5 of another kind of outcome. The 1-5 odds calculation means for every 6 betting events your selection should win 5 times and on 1 occasion the selection will not win.

What are 1 and 3 odds?

What does 1 to 3 odds mean? 1-3 Betting Odds means that out of 4 potential outcomes, the 1/3 odds are that there will be 1 of one kind of outcome and 3 of another kind of outcome. The 1-3 odds calculation means for every 4 betting events your selection should win 3 times and on 1 occasion the selection will not win.

What does it mean when the odds are 7 to 5?

What does 7 to 5 odds mean? 7-5 Betting Odds means that out of 12 potential outcomes, the 7/5 odds are that there will be 7 of one kind of outcome and 5 of another kind of outcome. The 7-5 odds calculation means for every 12 betting events your selection should win 5 times and on 7 occasions the selection will not win.

Is +200 the same as 2 to 1 odds?

For example, imagine a tennis player is +200 to win an upcoming match. This would be 3.00 in decimal odds, and 2/1 in fractional odds. The implied probability for these odds is 33.33%.

Are 3 to 1 odds good?

Are 3/1 Odds Good? 3/1 odds are great because for every £1 winning bet you will return £3 profit. The 3-1 odds reflect the chances of your selection and bookmakers will think it has a good chance at 3/1.

What does 10 to 1 odds mean?

10-1 Betting Odds means that out of 11 possible outcomes, the 10/1 odds are that there will be 10 of one kind of outcome and 1 of another kind of outcome. The 10-1 odds calculation means for every 11 betting events your selection should win 1 time and on 10 occasions the selection will not win.