What does 120 mean in sports betting?

What does +1 mean in sports betting?

+1 on a betting line basically means that the game is started with the team getting the goal +1 up by one, and the other team has to score more than that to win the bet.

What does 100 mean in sports betting?

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 does +130 mean in betting?

With its odds set at +130, a Flyers bet offers a $130 payout for every $100 wagered. If someone bet on the Flyers and the Flyers win, that person would win $130. 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.

What does 1.5 mean in sports betting?

Setting the line at just 1.5 does mean that these two teams are extremely close. This is what is called a “spread” bet, or “betting against the spread.” This is a very common bet in basketball and football games, but it is seen in other sports as well.

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What is 2.5 point spread?

What is a 2.5-point spread? If New York is +2.5, that means they are the underdog and have been spotted or given 2.5 points. If New York loses by two or fewer points, then it is a winning bet. If New York pulls off an outright upset, then that is also a winning wager.

What are 5 to 1 odds?

Example #1: A horse that wins at 5-1 will return $5.00 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $10 (5 x 1 x $2) + your original bet of $2 – for a total of $12. Example #2: A horse that wins at 9-2 will return $4.50 for every $1.00 wagered.

What does a +200 money line mean?

For example, a money line of +200 would mean that you would make a profit of $200 if you bet $100 and were correct. … 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.

What do odds of +200 mean?

Getting odds at +200 can be extremely valuable if you are able to win the bet. For example, if you were to place a bet of $100 on a team with odds at +200 you would win $200 for that play. You would also get your $100 bet back, meaning that $300 would go back into your account.

How do you read a point spread?

A point spread is a bet on the margin of victory in a game. The stronger team or player will be favored by a certain number of points, depending on the perceived gap in ability between the two teams. A minus sign (-) means that team is the favorite. A plus sign (+) means that team is the underdog.

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How do you win a spread?

In order for a point spread bet to be declared a winner, the side wagered on must “cover” the point spread. The favorite, which is the side with the minus number as the point spread, must win by more than the point spread dictates.