A plus (+) represents longer odds, in which case you'll win more for your wager, while a minus () means you're betting on a more likely outcome (as deemed by the sportsbook) and will win less when you emerge victorious. For example, $100 on +110 odds wins you $110, while $110 on 110 odds wins you $100.
What does 115 odds mean?
What does odds of +115 mean? If you were to bet $10 on +115 odds you would receive $11.50 in profit if this outcome won.
What does negative spread mean?
In the simplest terms, a negative spread indicates the favorite, which is the side expected to win the matchup. A negative point spread really means the team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread.
What are the odds for 117 1?
The implied win probability of 117/1 odds is 0.85%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Do you lose money on negative odds?
The negative number shows how much has to be risked to win a $100 payout. Thus, if the money line for the team that you picked was 400, it means that if you placed a successful $400 bet, you would gain $100 on payout. This means that the bettor would have risked $400 and ultimately gained $100.
What does minus 200 odds mean?
American odds
For favored bets, the bet odds will start with a negative number and they tell you how much you need to bet to win $100. If the odds are 110, a common number for a bet involving a spread, you would need to bet $110 to win $100. If your odds are 200, you would need to bet $200 to win $100.
What does minus 170 odds mean?
The numbers next to the teams, such as +150 and 170 in the example above, represent the money line payouts, and they're connected to the calculated odds. The negative number shows how much has to be risked to win a $100 payout.
Frequently Asked Questions
What does 200 odds mean?
Odds of +200 mean you can win $200 on a $100 bet, but there's no quick way to determine the implied winning probability. If these odds appeared as fractional odds—2/1—you could quickly solve for the implied winning probability using this formula: Decimal / (Numerator + Denominator) x 100%
What does +/ mean in betting?
The “+” and “” are put in front of odds or lines, indicating the favorites and underdogs. The favorites will be marked with a minus sign, whereas underdogs have a plus sign. This is the case for all types of bets, including moneylines and point spreads.
What do odds of +100 mean?
If the odds were even (also represented as +100 in American sports betting), an $11 bet would have a payout of $11 (so a total return of $22). But at 110 odds, an $11 bet pays out $10 (total return of $21).
What does 155 odds mean?
If you were to bet $10 on +155 odds you would receive $15.50 in profit if this outcome won. Odds accompanied with a positive sign (+) indicate that this is the underdog and this outcome will have a lower chance of winning compared to a favorite, however underdogs will yield a higher profit if they win.
What does 1.55 mean in betting?
According to the oddsmakers, this is a bet that you are less likely to win, so if the Nets win, the sportsbook will pay you 1.55 times, or 155% of, your initial investment. If you put $100 on the Nets to win, and they do, your profit will be $155, bringing your total payout $255.
What do negative odds mean?
Odds with a negative () symbol indicate the betting favorite. The number that follows the negative symbol (the odds) reveals how much to bet for every $100 you want to win. For example, as explained above, if the team you're betting has 110 odds, you need to wager $110 to win $100.
Can you make straight bets on underdog?
Points Spread Straight Bet
Points are added to underdog teams and subtracted for the favorites. Each sportsbook will have a handicapper whose job is to set the points so the bet is as even as possible.
What is the payout on a straight bet?
A straight bet is generally made at 11/10 odds, meaning you would risk $11 to profit $10.
How much do I win if I bet $100 on odds?
Decimal odds explained
For example, a $100 bet made at decimal odds of 3.00 would return $300 ($100 x 3.00): $200 in profit and the original $100 amount risked. A $100 bet made at decimal odds of 1.50 would return $150: $50 in profit and the original $100 amount risked.
How often do underdogs win outright?
Underdogs will likely win less than 50 percent of the time, but that doesn't mean they won't be profitable. Recreational bettors often gravitate toward favorites, which can sometimes create value on the underdogs by inflating the lines.
FAQ
 How does a straight bet work?
 What is a Straight Bet. A straight bet, or sometimes referred to as a single bet, is as simple as it sounds, a single wager on an event. You can use any betting type – moneyline, point spread, over/under, all you need to do is correctly predict the outcome of that one wager.
 What does a negative bet mean?
 What Does It Mean When Odds Are Negative? Negative numbers (in American money line odds) are reserved for the favorite on the betting line and indicate how much you need to stake to win $100—you generally need to put down more to win $100 on the favorite.
 What does +110 odds mean?
 If the odds offered on a particular selection are 110, that means in order to 'win' (profit) $100, you would need to wager $110. If the odds are +110, it means that if you wagered $100, you would 'win' (profit) $110.
 What is +500 odds?
 For example, if the odds for a particular team to win a championship are +500, this means that a bettor would receive a payout of $500 for every $100 they wagered if that team goes on to win the championship.
 What does negative 100 odds mean?
 Remember, positive odds show how much you win from a $100 wager. Negative odds show how much you need to bet in order to win $100. So, $100 on the Ravens earns you $300 profit. But $100 on the Colts only generates $50, since you'd need to bet double the amount ($200) in order to win $100.
 How do I check my bets on Fanduel?
 On the mobile site or app select the Bets tab on the bottom center and Settled to view previous wagers. You can select how far back you see wagers for, the previous day, previous week, or previous month, at the top of the page.
 How do I check my Betslip on WSB?
 Once a bet has been submitted, a Ticket Number & Reference Number will appear in the Betslip. Click on this Reference to see your Bet confirmation. Alternatively, you may View your submitted betting transaction by going to 'My Account' > 'Statement' > 'Pending Bets'.
 How do I check my bets on sportsbet?
 My Bets – Located next to the bet slip, you will find My Bets. This is an area where you can review your bets, whether they are pending or resulted. From here you will be able to filter your bets by date and results (wins, losses and cashed out).
 Why can't i see my bets on FanDuel?
 First, tap on Bets on the bottom banner of the display screen. Once you have reached the Past Bets page, you can see all your previously placed wagers and sort through them by selecting one of the time range buttons highlighted below. At the moment, you will only be able to go back a month from the app and website.
 What is 1 3 2 6 betting strategy?
 System you quit after your very first loss. And as long as you keep winning. You your bet sizes go in this progression. One three two six and those are measured in units.
What does 210 betting odd mean
What is the best way to bet in Las Vegas?  The best way to gamble with $100 in Vegas is to look for lowstakes games that offer good odds of winning. Slots are always popular. However, players looking for better odds should try their hand at blackjack or poker, as these can provide a greater return if the right strategy is employed. 
What is the most successful betting strategy?  Hedging bets What is the most successful betting strategy? Hedging bets is by far the most successful betting strategy. This is where you're able to place multiple bets to cover all possible results and still make a profit regardless of the outcome of the game. 
How to be successful in sports betting?  10 Simple Strategies for Becoming a Better Sports Bettor

What is the 6 8 betting strategy?  For example, let's say that we wager $6 on six and eight. If the dice roll one of these figures, we take the profit and wager the bet again. The progressive element in this craps betting strategy comes in when there is a loss. If we bet and lose, we place the same bet again, but increase the stake. 
What is +200 in betting?  When odds are expressed with a plus (+) or minus (–) symbol followed by a number. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 net profit + $100 initial stake). 
What does minus 100 mean in betting?  Plus means if you bet 100 you stand too win the posted amount and your original 100 back. Payout here is 214. Minus means that in order to win 100 you need to bet the posted amount. So you bet 137 to potentially win 100, total payout is 237. 
What does minus 190 mean in betting?  The minus sign indicates that the team or player is expected to win, and the odds reflect the amount that you would need to bet to win a certain amount. On the other hand, in a moneyline bet with an underdog, the odds will have a plus sign (+) in front of the number, such as +200. 
What does a +1.5 mean in betting?  A +1.5 spread is commonly seen in baseball betting, the standard “runline” for MLB. This spread means the underdog must win outright or lose by exactly one run to cover the spread. Alternatively, a 1.5 spread means that the favorite must win by at least two runs. Many baseball games are decided by fewer than two runs. 
What does a +7 spread mean?  A +7 point spread indicates a side is the underdog. In order to win a bet on a +7 underdog, the side must win outright or not lose by more than 6 points. What does a 7 point spread mean? A 7 point spread indicates a side is the favorite. In order to win a bet on a 7 favorite, the side must win by 8 or more points. 
What does +3.5 mean in betting?  A spread of +3.5 means a team must win outright or lose by fewer than four points to cover the spread. A +3.5 spread is particularly enticing in football because, as noted earlier, 3point victory margins are extremely common. An example of a +3.5 spread: New England Patriots +3.5. Miami Dolphins 3.5. 
 Why would you bet 110 to win 100?
 In sports betting, the magic number is 110. That's because it outlines the total amount required by a sportsbook to earn(win) $100 on either side of a straight bet wager against the spread. Bettors have to lay down $110 if they want to win $100 when they are wagering on a point spread.
 What does ( 110 mean on the NFL spread?
 These vigorish numbers are all based around $100. A minusnumber is what you have to risk to win $100, plus your original bet back. A plusnumber is what a $100 bet makes you in profit if that bet wins. 110 means you bet $110 to win $100, in addition to your original bet back, because 110 is a minusnumber.
 What does plus 110 odds mean?
 If the odds offered on a particular selection are 110, that means in order to 'win' (profit) $100, you would need to wager $110. If the odds are +110, it means that if you wagered $100, you would 'win' (profit) $110.
 What is the point of a 100 bet?
 This means for every $10 you want to win on a spread bet, you have to bet $11. If the odds were even (also represented as +100 in American sports betting), an $11 bet would have a payout of $11 (so a total return of $22).
 How much do you win at 110 odds?
 $100 As for the odds, the most common number for spread bets is 110, but that number varies depending on the location, sportsbook and how popular each side is. The typical number is 110, which means you have to bet $110 to win $100.
 What does 100 mean in Vegas odds?
 If the odds were even (also represented as +100 in American sports betting), an $11 bet would have a payout of $11 (so a total return of $22). But at 110 odds, an $11 bet pays out $10 (total return of $21).
 What does 110 mean when placing a bet?
 For example, if you see 110 next to a team, it means you need to bet $110 to win $100 if that team wins. Positive numbers (+): These indicate that the outcome is considered an underdog and less likely to win. The higher the positive number, the more you'll win for every $100 you bet if that outcome wins.
 Do you have to bet $100 on Moneyline?
 Moneyline favorites are almost always denoted with a minus sign (we'll explain the “almost” part later). Moneylines are typically shown in American odds and are based on a $100 wager. The odds listed next to a favorite show how much you'd need to wager to win $100.
 What does negative moneyline mean?
 The negative number shows how much has to be risked to win a $100 payout. Thus, if the money line for the team that you picked was 400, it means that if you placed a successful $400 bet, you would gain $100 on payout. This means that the bettor would have risked $400 and ultimately gained $100.