Question: How To Read Basketball Betting Odds?

How do you read the odds in basketball?

Your payout is determined by the moneyline odds attached to the point spread. A negative number (such as -170) shows how much money you must wager to win $100, while a positive number (like +150) shows how much money you will win if you place a $100 wager.

What do odds of +200 mean?

When a money line is a positive number then the odds are the amount you would win if you were to bet $100 and were correct. For example, a money line of +200 would mean that you would make a profit of $200 if you bet $100 and were correct. For example, a –200 money line means you would win $100 if you bet $200 and won.

What does +7 mean in odds?

The +7 means that team is “getting” seven points from their opponent. For example if the New York Jets are +7 against the New England Patriots than a bet on the Jets means you think the Jets will not lose by seven points, or more.

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What does +4.5 mean in sports betting?

A -3 spread means that the favorite must win by more than a field goal to win the wager. A three-point win would result in a push and the sportsbook would refund the wager. A spread of +3 means the team listed as the underdog must win the game or lose by fewer than three points to cash the bet.

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 is 2.5 point spread?

With the spread set at 2.5 points, a bet on the Cowboys would mean that they would have to win by more than 2.5 points (3 or more) in order for you to win that bet. If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.

How do you bet money line?

Compare moneyline odds at sportsbooks

Even non-gamblers make moneyline bets. Betting the moneyline for a game is possibly the most simple way to wager on sports. Bettors just choose a player or team to win. If the bettor chooses the winning side, the sportsbook will pay the amount due.

How are odds determined?

To find an odds ratio from a given probability, first express the probability as a fraction (we’ll use 5/13). Subtract the numerator (5) from the denominator (13): 13 – 5 = 8. The answer is the number of unfavorable outcomes. Odds can then be expressed as 5: 8 – the ratio of favorable to unfavorable outcomes.

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How do fight odds work?

Fighter B = +200

If you take a look at the odds above, you can see that Fighter A is the favourite at -150. This means that in order to win $100, you would have to bet $150. Fighter B on the other hands is a +200 underdog. This means that you would only have to bet $50 to win $100.

What does 7 to 1 odds pay?

The odds and what they mean

Odds Payoff range
6-1 $14.00-$15.90
7-1 $16.00-$17.90
8-1 $18.00-$19.90
9-1 $20.00-$21.90

How do plus and minus odds work?

A “minus” (-) preceding the number indicates the team is a favorite. A “plus” (+) preceding the number indicates the team is an underdog. Bet No. The Dolphins’ odds are -180, meaning an $18 bet would win $10 for a return of $28.

How do you read over under odds?

Usually, an NFL Over/Under bet is listed with a corresponding money line. For example: Over (–110) or Under (+110), meaning you’d wager $110 for the chance to win an additional $100 if you bet the over or wager $100 for the chance to win $110 if you bet the under.

What does +1.5 mean in betting basketball?

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.

What does minus 4.5 mean in betting?

Betting Line

The minus sign denotes that that team has to win by more than that margin while the plus sign indicates that the other team can lose by that margin, or win the game, and they cover the spread in either case. Following this example, the Chiefs are at –4.5.

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How do you play point spread?

How to play POINT SPREAD in 5 steps

  1. Buy your ticket. Take your completed selection slip or PRO•LINE App picks to your OLG retailer to buy your ticket.
  2. Set your play budget.
  3. Choose your sport.
  4. Select your wager.
  5. Make your predictions.
  6. Buy your ticket.
  7. Set your play budget.
  8. Choose your sport.

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