What does a plus 300 Moneyline mean?
The positive number shows how much would be gained on a successful $100 bet. A +300 money line, for instance, would mean that if you place a successful bet of $100, you would win $300.
Odds with a plus sign are underdog bets. Plus odds tell you how much profit you will get on a $100 bet. A $100 bet with +200 odds nets you $200 profit plus your original $100 bet. If you bet $20, you would profit $40. For the rare even money odds, those can be listed as -100, +100 or EV.
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. (e.g. +150 means you make $150 on a $100 wager.)
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).
The Redskins are even heavier underdogs and are +400 on the moneyline. This means if you bet $100 you would profit $400.
Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers. The number also indicates how much money would win in comparison to every $100 you wager.
For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. A -135 favorite means you must risk $135 to win $100 from the sportsbook. You either lose $135, win $100, or your wager is a push. A +350 underdog means you risk only $100, but you win $350.
A team with +250 odds would pay $250 for every $100 wager (or $500 for every $200 wager, or $750 for every $300 wager).
A +500 bet means you can win $500 with a $100 wager; this is also known as 5-to-1 odds. Meanwhile, a -500 bet means you must wager $500 to win $100 (plus your original wager back).
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 +300 mean in football?
It is expressed on a money line. It's a number that expresses odds. For example, a 3-to-1 underdog would be expressed as +300. +300 means you win $300 for every $100 you bet.
Now, what does the -200 mean? This means that you would have to bet $200 on the Packers in order to win $100 back. Anytime you see odds with a minus in front of it, take the number and that is what you would need to bet in order to win $100 in profit.
For example, if the betting odds are +100 (which is equivalent to 2.00 in decimal odds and 1/1 in fractional odds), the implied probability is exactly 50%.
Fractional Odds | Decimal Odds | American Odds |
---|---|---|
21/10 | 3.1 | 210 |
11/5 | 3.2 | 220 |
12/5 | 3.4 | 240 |
11/4 | 3.75 | 275 |
This also means that your wager won't profit as much as it would if it was a positive number although you're more likely to win the bet. For instance, a $100 wager on +220 odds would return a profit of $220. However, a team with -220 odds would require a $220 bet to return a profit of $100.
Betting on the baseball runline
In our hypothetical favorite -150 and underdog +130 scenario, the -150 favorite may be assigned runline odds that look like this: -1.5 (+160). This means if the favorite wins by two runs or more, those who bet the favorite on the runline will earn $160 for every $100 they risked.
The bigger the number after the plus sign, the bigger of an underdog that the team or person is to win. So, if a team is +1000 to win, this would mean that you would win $1000 in profit with a bet of $100 - if they won, of course.
Rarely -- for golf, that is -- you'll see money lines, which show how much one would win if they bet $100. In this instance, if Jordan Spieth is +1200, that means you'd win $1,200 off a $100 wager (plus the original $100 amount).
In the simplest terms, a negative spread indicates the favorite, which is the side that's expected to win the matchup. A negative point spread really means that 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.
Odds with Minus Sign (Favorite)
When you bet on the favorite you get worse payout odds on your bet since they're more likely to win. 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.
What does plus 260 odds mean?
With the above example, let's calculate the odds of betting the underdog with only $10, instead of $100. Using the +260 odds on the Packers, a $10 bet would payout $26 in profits, plus the return of your original $10 bet for a total of $36 back in your pocket.
+230 American odds, 2.00 European odds, 2/1 fractions.
American Odds
A minus sign indicates a bookie's favorite to win while a plus symbol indicates an underdog. A -250 favorite has a better chance of winning an event than a -150 favorite, while a +200 underdog has a better chance of winning than a +500 underdog.
Fractional | American | Demical |
---|---|---|
14/5 | 280 | 3.80 |
7/2 | 350 | 4.50 |
4/1 | 400 | 5.00 |
7/1 | 700 | 8.00 |
In the example above, you'd need to bet $200 on the 49ers to win $100. If you see a plus sign (+) in front of the number, that indicates that it's the underdog, and again, the number after it indicates how much you'd win with a $100 bet. If you bet $100 on the Giants to win, and they did, you'd win $240.
All money lines are based on $100. All baseball bets are action regardless of the starting pitcher. The minus (-) on the electronic wagering display and wagering sheets next to the starting pitcher indicates the favorite. The plus (+) indicates the underdog.
For example, a team that has won half its games and lost half its games is often said to be a “500 team” or playing “500 ball.” What this means is that they have won 50% of the games they've played.
A moneyline is simply a bet type that only includes Odds, as in “Odds to win”. Example: a moneyline of +150, is just +150 odds ($100 to win $150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to win $100) for the listed team to win.
A +100 odds line, on the other hand, means that you have the opportunity to win the same amount that you are wagering. Making a $100 wager at +100 odds means that you could win $100 on that bet.
If their record was . 500 with 5 losses, their total record would be 5 wins and 5 losses. So at 15 wins and 5 losses, they are 10 games (wins) above . 500.
How do you read 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.
Jerry Rice played 303 games as a wide receiver, an NFL record. Bruce Matthews (left) played a record 296 games as an offensive lineman. His brother Clay (right) holds the record for games at linebacker.
A "minus" (-) preceding the number indicates the team is a favorite. A "plus" (+) preceding the number indicates the team is an underdog. Bet No.
1 in __ | Decimal | Percent |
---|---|---|
1 in 700 | 0.0014 | 0.14% |
1 in 800 | 0.0013 | 0.13% |
1 in 900 | 0.0011 | 0.11% |
1 in 1,000 | 0.0010 | 0.10% |
For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. A -135 favorite means you must risk $135 to win $100 from the sportsbook. You either lose $135, win $100, or your wager is a push. A +350 underdog means you risk only $100, but you win $350.
The number reflects the stake needed to win $100. So, -400 means you must wager $400 to win $100. The underdog will have a plus sign with a number. This number reflects the potential winnings on a $100 stake. So, +400 means you would win $400 on a $100 wager.
What does +600 mean in betting: If a team you are looking to bet on has odds at +600 this means they are big underdogs. But, a $100 bet on them would return $600 for the risk of taking a team 6/1.
A +100 odds line, on the other hand, means that you have the opportunity to win the same amount that you are wagering. Making a $100 wager at +100 odds means that you could win $100 on that bet.
If you're betting on Ferguson at +230, a $100 bet would win you $230, plus your original $100 back. You don't need to bet $100 on everything of course — that's just how the odds are displayed — and these moneyline odds scale to any bet amounts.
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 get the plus sign. This is the case for all types of bets, including moneylines and point spreads.
How do you read plus minus odds?
The plus and minus signs are shorthand to tell you what your payout will be if you win your bet. If you see a minus sign next to your bet, your payout will be less than 100% of your initial investment if you win the bet. If you see a plus sign, your payout will be more than 100% of your initial investment.
These are in terms of 100 and each one will have a plus or minus. They are in 100 because it's a 1:1 ratio, which means for every $1 you bet, you'll win $1 if your bet wins. If it's a plus, you'll win more than $100 on a $100 bet and a minus means you'll have to bet more than $100 to win $100.