What does minus 500 odds mean

What does minus 500 odds mean?

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824.8K views 2023-03-18 01:32:01 49:47

Answer:

Minus odds show how much you need to bet to win $100 e.g -500 means you have to bet $500 to win $100.

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What are plus 500 odds?

Answer: 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).


2024-02-11 14:32:23

What is minus 150 odds?

Answer: What does "plus" and "minus" mean as a sports betting term? 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.)


2024-01-13 02:17:58

What does minus 100 odds mean?

Answer: 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.


2024-01-01 21:02:16

What do +500 odds mean?

Answer: This is how sportsbooks discourage bettors from betting a large amount on the favorite. For example, let's say the Browns are in the Super Bowl and they're projected to win and they have odds of -500. This means you'll have to bet $500 to win $100.


2023-08-18 15:50:05

What is minus 100 odds?

Answer: Whereas negative (-) odds tell you what you have to bet on the favorite to win $100, positive (+) odds tell you how much you'll win for every $100 you wager on the underdog. So, a team with odds of +120 would payout $120 for every $100 wager.


2023-04-27 11:42:02
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