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What does +800 mean in odds?
In this example, Mayweather is the favorite at -800, which essentially means he’s an 8-1 favorite. Just remember this: a minus-sign means you have to bet that amount to win $100. A plus-sign means that you win that amount if you bet $100. For Mayweather at -800, you have to wager $800 for every $100 you have to win.
What does 30 to 1 odds pay?
The odds and what they mean
| Odds | Payoff range |
|---|---|
| 10-1 | $22.00-$23.90 |
| 15-1 | $32.00-$33.90 |
| 20-1 | $42.00-$43.90 |
| 30-1 | $62.00-$63.90 |
What is the payout on a bet?
Sports betting payouts depend on which type of odds are being used. The important thing to note about payouts is that they often include the amount of money you put in. If you bet $170 on the Cowboys to win at -170 odds, the payout is $270. However, the profit, or amount of money you win, is $100.
What does minus 500 odds mean?
If the odds are minus (–), then that amount of money must be wagered 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.)
What does 40 to 1 odds pay?
MyTopSportsbooks Conversion Table for common Odds
| UK | EU | Bet |
|---|---|---|
| 39/1 | 40.00 | $100 |
| 40/1 | 41.00 | $100 |
| 41/1 | 42.00 | $100 |
| 42/1 | 43.00 | $100 |
What do the odds mean in sports betting?
Positive Figures (+): The odds state the winnings on a $100 bet. Ex: American odds of +120 would win $120 on a $100 bet. Negative Figures (-): The odds indicate how much must be bet to win $100 profit.
How much do you get for $100 bet on sports betting?
If you bet $100, you get $120: your $100 stake + $20 profit. Below, the calculation is similar to, but not the same as, the American odds equation. That’s all there is to it.
What are the odds of -120 on a $120 bet?
Ex: American odds of -120 would win $100 on a $120 bet. Decimals quote the potential return should the bet succeed, relative to the stake. If $10 is bet at odds of 4, the total returned is $40 ($10 x 4) and the potential profit is $30 ($10 x 4 minus the $10 stake).
Where can I find a free betting odds calculator?
At WSN, we have created a simple-to-use and free betting odds calculator and converter that lets you convert American, decimal, fractional, and implied odds. It also shows you how much you can win when you bet on specific odds, in whichever format you choose to enter them.