What does a damaging wagering series signify?
How To Read American Odds In Sports Betting
A minus sign at the beginning of odds means the team is favored to win. The number indicates how much someone would need to wager in order to win $100. So if someone were to place a $150 bet in favor of Team A, and Team A won the game, that person would win $100.
Make sure you understand the calculations above before moving on to the next section. You’ll always clearly be able to identify the value the sportsbooks have put on a particular listing. You can find the available props for games and events by clicking through on the main contest listing. Prop bets can revolve around teams or the game as a whole, and even on individual players. You can pick the favorite minus the points or choose the underdog plus the number.
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If you know how to watch lines move and predict where they’re going, money lines can offer a lot of value. For big favorites, it’s often best to wait until 1-2 hours before game time. For big games with a lot of action, sharp bettors often place big wagers just before a game, which can also create optimal betting opportunities. Positive money lines show the profit that would be won from a $100 bet, not including the original wager.
Of course, it’s still a risky proposition to bet on a team expected to lose by a touchdown or more to win the game outright. +200 is a specific set of odds attached to a given sports event. The +200 represents the amount a bettor would win if they had wagered $100. A negative money line represents the amount that you would have to bet to win $100 if you were correct. For example, a -200 money line means you would win $100 if you bet $200 and won. It is also equivalent to fractional odds of 1/2 and decimal odds of 1.5.
Those raised around fractional odds, for example, can easily see that the numerator represents how much profit they stand to make based on a bet of the denominator’s value. A bet of $3 of 5/3 odds will yield $5 profit, thus a total payout of $8. The odds for a favorite team to win the game are usually listed with a ‘-‘ sign, which indicates the amount a better would need to bet to win $100. Online sports betting offers gamblers access to thousands of internet sportsbooks worldwide. Our guide will help you learn how to calculate sports betting odds in different formats and compare them against each other, and improve your gambling with our sports odds calculator.