What does minus 160 mean in betting?

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.) … Money line is also sometimes referred to as “American Odds.” The standard (and often implied) number is –110, meaning a successful bet of $110 would net $100 profit.

What is a minus 200 bet?

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.

What does minus 170 mean in betting?

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.

What does minus 175 mean in betting?

The minus sign (-) in front of the number (175) means the Cards are the favorites in this contest. The number means that you would have to bet $175 to win $100 on St. … One final note: you don’t have to bet these amounts, they are simply a ratio to calculate your payout.

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What does minus in betting mean?

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 does minus 100 mean in betting?

What does plus and minus mean in sports betting? What does “plus” and “minus” mean as a sports betting term? 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.)

Are odds better than +150?

Favorites Odds

When a bet is a favorite, it means the implied probability (win percentage) is greater than 50%. Favorites will always have a minus (-) sign and will always be “negative odds”. … Favorite odds can be read as “to win $100”. Meaning if the odds of a bet were -150, you would need to bet $150 to win $100.

Why would you bet on negative odds?

Negative numbers signify the favorite on the betting line. The negative number indicates how much you’d need to bet to win $100. If the number is positive, you’re looking at the underdog, and the number refers to the amount of money you’ll win if you bet $100.

What does minus 115 mean in betting?

The minus sign shows you which team is favored. … The team with a negative number (like -110) is the favorite. The number next to the minus sign is the amount you must bet to win $100 in profit. If the number is -110, you must bet $110 to win $100.

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What does +600 mean on a bet?

Jones is – 600 and Teixeira is +400. Minus means favorite and the number following the minus-sign is what you need to bet in order to win $100. Therefore, Jones is a -600 favorite and to win $100 on him, you must bet $600.

What does minus 140 mean in betting?

Let’s say a team is listed at -140 on the moneyline. That means you have to risk $1.40 for every $1 of profit. … If a team was at +140, that means you only have to risk $1 to win $1.40 or $100 to win $140. The key thing to keep in mind is that the payouts are constant regardless of how much you bet.

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 sportsbook: Chicago Bulls -1.5. Miami Heat +1.5.

How do you read betting odds?

Betting odds represent the probability of an event to happen and therefore enable you to work out how much money you will win if your bet wins. As an example, with odds of +400, for every $1 you bet, you will win $4. There is a 20% chance of this happening.

How do money lines work in betting?

A moneyline bet is the most basic wager in sports betting. … 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.

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