What does Wager 500 mean?

As the number increases, so do the stakes of the wager. A +500 bet means you can win $500 with a $100 wager; this is also known as 5-to-1 odds. Meanwhile, a -500 bet means you must wager $500 to win $100 (plus your original wager back).

What does +200 mean for odds?

Odds with a plus sign are underdog bets. Plus odds tell you how much profit you will get on a $100 bet. A $100 bet with +200 odds nets you $200 profit plus your original $100 bet. If you bet $20, you would profit $40. For the rare even money odds, those can be listed as -100, +100 or EV.

What does Wager 200 mean?

What does -200 mean in sports betting? In sports betting, a negative money line (represented as -200, -300, -400, etc.) represents the amount of money that you need to bet in order to win $100 if your bet is correct.

What do Wager numbers mean?

The larger the number, the greater the underdog due to the greater return on your wager. For example, if you see a team with a “+3.30” beside it and in the same matchup the other team has a “+2.15”, the team with the higher number is the underdog because the bettor would receive a higher payout per 1.00 bet.

What is a 100 wager?

A +100 odds line, on the other hand, means that you have the opportunity to win the same amount that you are wagering. Making a $100 wager at +100 odds means that you could win $100 on that bet. Worth noting is that sportsbooks are always looking to make money, and sports betting is a form of gambling.

Wagering Requirements Explained [Online Casino]

What does wager 400 mean?

The wagering requirement is for you to bet both the deposit and the bonus money 4x, or 400%, before you can withdraw it. This means that you'll have to stake £10 + £30 four times, or £160 worth of bets. At that point, you can withdraw the bonus money and any winnings to your bank as you see fit.

What does wager 50 mean?

What is a 50x wagering requirement? A 50X wagering requirement means you must wager the amount of your bonus 50X over in order for you to collect the bonus and subsequent winnings. If your bonus was €10, you'd have to wager €500 to meet the requirement.

How do you read wagers?

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 170 in wager mean?

In an NFL game between the Chargers and the Patriots, a sportsbook sets odds of +170 for the Chargers to win. This means a $100 bet would net you $270 if they did win- that's a profit of $170.

What is a wager limit?

A limit is the maximum you can wager on any given game or sporting event. For instance, if you wanted to bet $200 on NFL picks where the sportsbook was only prepared to accept bets up to $100 - regardless of the size of NFL odds - your betslip would almost certainly display an error code stating "Limit: $100".

What does 10x wager mean?

A 10x wagering requirement means you must playthrough your requirements 10 times before you can withdraw any winnings.

What does a 225 bet mean?

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 230 mean in gambling?

+230 American odds, 2.00 European odds, 2/1 fractions.

What does +350 mean in gambling?

The “+” sign in front of a number — for example, +350 — means that a bet has been placed on the underdog, and the three digits following that sign indicate the amount paid out if the bet wins and the bettor had wagered $100.

What does minus 750 odds mean?

Odds expressed in terms of money, with $100 being the standard. If the odds are minus (–), then that amount of money must be wagered to win $100. (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.

What is 300 in odds?

American odds to fractional

So American odds of 300, divided by 100 = 300/100, or 3/1. For negative American odds, you start with -100 and divide that by the American odds, so for example -100/-300 = 1/3.

What does plus 500 odds mean?

Plus odds show how much you will win from a bet of $100 e.g +500 means you win $500. Minus odds show how much you need to bet to win $100 e.g -500 means you have to bet $500 to win $100.

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.

How does a negative moneyline work?

The negative number shows how much has to be risked to win a $100 payout. Thus, if the money line for the team that you picked was -400, it means that if you placed a successful $400 bet, you would gain $100 on payout. This means that the bettor would have risked $400 and ultimately gained $100.

What do negative odds mean?

What Does It Mean When Odds Are Negative? Negative numbers (in American money line odds) are reserved for the favorite on the betting line and indicate how much you need to stake to win $100—you generally need to put down more to win $100 on the favorite.

How much should I wager each bet?

A good medium is 3% per play. For example, if you're starting with a bankroll of $100, you should risk $3 on every bet. If you're starting with $1000, you should risk $30 on every bet. Your unit size would be $3 or $30, respectively.

What is winning wager?

Understanding Horse Racing Win Bets

A Win wager or Win bet is the easiest bet you can make in racing: simply pick the horse you think will cross the finishing line first. If your horse wins: you win. If your horse doesn't win: you don't win.

What does wager 30 mean?

What Does Wager 30x Mean? Wager 30x means you must wager the combined amount of your deposit and bonus 30 times over before you can withdrawal any of the winnings. In the following example, we'll assume you deposit $50 and collect a 100% match bonus of $50, for a total of $100 to play with.

What does wager 5 times mean?

You might find terms stating that you have to wager the bonus five times; this means you'd need to put five times your bonus amount at risk; in our example this means 5 * £100 = £500 before you can withdraw.

Do you get your wager money back?

When you win a bet, you'll get back the amount of your stake plus a profit for winning. The amount of profit will vary and depend on the odds. To demonstrate, let's consider the following betting line for an NBA game.