Simply what does a ‘numbers’ imply around sports bet

Betting Odds Calculator & Converter

For example, if you bet $10 on the New York Knicks to win at odds of 2.25, your return (or “total payout”) would be $22.50 if they won. Underdog bets are betting $100 “to win” whatever the odds are. In the United States, it is standard to use the American odds format (shocking!).

We want you to have the best time and be the most strategic bettor possible. Compare.bet US has the latest on the best legal sportsbooks in your state. In this example, the negative number indicates the favorite, while the positive number indicates the underdog. For your bet to be successful, the 76ers need to win by at least 2 points. If not, the gamblers who bet the point spread on the Spurs would win. The plus and minus sign are predictive of which team is more likely to win the game, straight-up.

Thanks to all authors for creating a page that has been read 841,778 times. Continuing the example above, say I placed $110 on Boston, and they win on a 4-point spread. Because they won by the spread, I would make $210 ($110 + $100). Try out an online to check your math when you first get started. Soon enough it will be second nature, but for now ask a friend or search for a calculator that fits your betting needs. Use the rotation number/numbers and the name of the team/teams you want to bet on.

They are often to be found in UK facing sportsbooks, but occasionally rear their head Stateside. In the highlighted example, you would need to stake $250 in order to win $100 on Cleveland, whereas, a $100 stake would win you $190 at the prevailing odds on Tennessee. The bookmaker has an opinion on all those events and he has turned that opinion into some odds. Odds are a representation of the probability that an event will occur. These bets can be found for any sport, but are most common in low-scoring games like baseball, hockey, or soccer. Learning how to read odds and what to use that information for will help you make successful wagers.

To bet the New England Patriots to win on the money line, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake and the $100 bet profit. For example, fractional odds of 23/20 would represent a bettor needing to risk $20 in order to profit $23. Each of the odds formats represent a chance of winning, just displayed in a different way.

You’re most likely to come across American odds when you’re betting at American sports betting sites. This odds expression indicates a bettor’s return relative to a base figure of 100 units. American odds start with either a positive or negative sign (e.g. -200 or +200). A minus sign indicates a bookie’s favorite to win while a plus symbol indicates an underdog.