Payout Betting Term Meaning A 'payout' is how much a punter will win, or has won, on his bet. Some bettors, and bookmakers for that matter, refer to the payout as the amount of money given back to the customer who won the bet.
Even more, what does the spread mean?
The spread, also referred to as the line, is used to even the odds between two unevenly matched teams. ... The -3 points is the spread. If you want to bet the Colts on the spread, it would mean the Colts need to win by at least three points for you to win the bet.
Along with, what do gambling odds mean? Odds represent the likelihood of an outcome occurring. In sports betting, each team is assigned odds that represent the likelihood of them winning the game. When the odds for two teams are even, meaning 1 to 1, it means that each team is equally as likely to win the game.
Apart from this, what does +100 mean in gambling?
Moneyline: This refers to the amount of money a player must wager in order to win $100, or the amount of money a player wins if they put $100 on the underdog. Oddsmaker: This is another term for the Linemaker. It is the person who sets the odds, moneyline, or point spread for football games.
What does +125 mean in gambling?
Google is your friend... A (-125) means that you have to be $125 in order to win $100. You can bet any amount but that's the fraction. Bet $12.50 to win $10.00, $25 to win $20, etc., etc. If the line is positive (+125) you would bet $100 to win $125.