How much do I win betting odds?

Samella Mehl asked, updated on January 27th, 2021; Topic: sports betting
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To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4.

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Quite so, how are sports lines determined?

Every sportsbook has a head oddsmaker who sets the line on a given game, matchup or event. Oddsmakers lean on computer algorithms, power rankings, win totals, futures and consultants to determine the odds.

Then, what is a positive money line? Positive money line: +145, +220, or anything similar represent how much of an underdog the team is in the game. ... The number also indicates how much money would win in comparison to every $100 you wager. For example, a +150 money line means you would win $150 for each $100 wager you place should that team win the game.

In all cases, what is betting the line?

Line betting is a form of betting where the market is handicapped to make both betting outcomes equal. The bookmakers achieve this by giving both teams a margin, known as a line. If the bookmakers believe that one side is 12.5 points better than their opposition, you can back them to win by 13 or more points.

What does the line in sports betting mean?

point spread

2 Related Questions Answered

What does +125 mean in betting?

For example, if a team is a -125 favourite that means you would need to wager 125 to win 100. If a team is a -600 favourite that means you would need to wager 600 to win 100. The greater the favourite, the more you would need to wager to win 100.

What does it mean to cover the spread?

The Point Spread: When betting on basketball, the team you bet on must "cover the spread." This means the team must win or not lose by a predetermined margin of points.
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