Your question: How do odds work in basketball?

What do odds of +200 mean?

Getting odds at +200 can be extremely valuable if you are able to win the bet. For example, if you were to place a bet of $100 on a team with odds at +200 you would win $200 for that play. You would also get your $100 bet back, meaning that $300 would go back into your account.

What does +2.5 mean in basketball?

Point spread: Betting the spread with basketball

The underdog has a positive value in front of its point spread. Underdogs can either win outright or lose by less than that spread to generate winning bets. For example, the Los Angeles Lakers are -2.5 point spread favorites hosting the +2.5 underdog Toronto Raptors.

How are odds calculated in basketball?

To calculate your potential winnings when using decimal odds, you need to take your odds, multiply them by your stake, and then subtract the stake. To calculate your implied probability of winning, you will need to divide 1/decimal odds which is 1/ 3.0.

How do you read NBA odds?

With the moneyline, if a team is listed on the plus side that tells you how much you will win on a $100 wager. When a club is posted in the negative that tells you how much you have to bet to win $100. With Boston at +120, you would bet $100 to win $120 and with Miami at -140, you must wager $140 to win $100.

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How do plus odds work?

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. … 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 +900 mean in odds?

Odds Conversion Table

Fractional Decimal American
4/9 1.44 -225
5/4 2.25 125
11/8 2.38 137.5
9/1 10.00 900

What is NBA Alt?

What are NBA Alternative Point Spreads? An alternative point spread is one that is different from the main point spread and has a different point total as well as different money odds on it.

What does 225.5 mean?

This NBA game has a Total of 225.5. This means that the total score of both teams must exceed 225.5 for the Over bet to win, or be less than 225.5 for the Under bet to win. Bettors need to wager $120 to win $100 on the Over bet or $100 to win $100 on the Under bet.

What does ATS mean in basketball?

ATS (“against the [point] spread“): If a team is 5-2 ATS, it means it has a 5-2 record against the point spread, or more commonly referred to simply as the “spread.”

What does 12 to 1 odds pay?

Standard Win Bets and Payouts

Odds $ Payout Odds
3/5 $3.20 11/1
4/5 $3.60 12/1
1/1 $4.00 13/1
6/5 $4.40 14/1

What does 20 to 1 odds pay?

Reading the Win Odds

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For example, 6-5 means you will get $6 in profit for every $5 you wager, while 20-1 means you get $20 in profit for every $1 you wager. In the latter example, a bet of $2 means you would get $42 back for a winning wager.

What do odds of 5 to 1 mean?

It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. … Or, if a horse is 1-2, it’s $1 profit for every $2 invested, or a total return of $3.