What does it mean when a bet is 300?

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 does it mean if a bet is +300?

What does +300 mean? The +300 represents the odds of a bet. In this situation, for every $100 that you bet on Duke to win, you’d pocket $300 in return should Duke win this year’s men’s college basketball tournament. Toss down a cool $1k on them and you’d pull in $3,000 if they win.

What does 200 mean on a bet?

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 +350 mean in odds?

A +350 underdog means you risk only $100, but you win $350. You either lose $100 or win $350, or push. American Odds can easily be converted into other odds such as decimal or fraction, using our free online calculator.

What does it mean when a bet is +150?

(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. (e.g. +150 means you make $150 on a $100 wager.) … The standard (and often implied) number is –110, meaning a successful bet of $110 would net $100 profit.

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What do NFL odds mean?

NFL football odds are also known as the NFL betting lines or the NFL point spread. NFL odds makers add points to, or subtract points from, the two teams involved in a contest as a way of making the score even. If one team is thought to be worse than the other, they will get points added to their score.

What does the Vegas line mean?

The – and + on a sports betting line indicates both your prospective payout and whether you’re betting on the favorite or the underdog. Negative numbers signify the favorite on the betting line. The negative number indicates how much you’d need to bet to win $100.

What is a soccer bet?

You’re able to wager on how many total goals are scored in the match by both teams. The over/under will be set at a specific number. If there are more goals scored than the set total, then the over cashes. Another nuance of soccer betting is that most bets are designated for full-time results.

How do bookies make money?

Bookies do not usually make their money by placing bets themselves, but by charging a transaction fee on their customers’ bets known as a “vigorish,” or “the vig.” Bookies may also lend money to bettors. A bookie can be an individual or an organization.