How much would I win if I bet $100 on the Bengals to win the Super Bowl?

INDIANAPOLIS — Last July, Troy Saunders placed a $100 bet on the Cincinnati Bengals winning the Super Bowl. At the time, the odds were nearly impossible, with a payout of more than $15,000.

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A lot has changed in Troy Saunders' life since he placed a $100 bet on the Bengals to win the Super Bowl in July.

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INDIANAPOLIS — Last July, Troy Saunders placed a $100 bet on the Cincinnati Bengals winning the Super Bowl. At the time, the odds were nearly impossible, with a payout of more than $15,000. “So I’ve placed this bet a couple of years in a row now to try and get my wife interested a little bit more in the Bengals,” Saunders said. “I never thought it was going to happen. They were supposed to finish last place in their division, last place in the conference.” Months later, the team is now one win away from being Super Bowl champions. “It kept getting more and more real. I had to pinch myself a couple of times and realize that it might actually happen,” he said. Saunders said he is a diehard Bengals fan with memorabilia around his house, but his wife Kirstin grew up cheering for the Colts. She said this bet has her changing her mind. “I know I’ll be rooting all the way through for them,” she said. The Indianapolis couple said, at first, the gamble was just for fun, but now it would also be a blessing for their family. “When I originally placed this bet back in July, it was a good time. Things were going well,” Saunders said. Then in November, Saunders lost his job due to COVID-19. He was working with a federal student loans company. The news came just three days before his son, Jordan, was born. “Fate may have it that this $15,000 would come through at the perfect time,” he said. “We would definitely buy a lot of diapers and formula, that’s for sure.”

As expected, the couple has some pregame jitters.

“I’m nervous, like I am playing in the game. Every day I think I have to eat the right meals like the players do and do the right luck things every day,” Saunders said. With a lot riding on this game, the family plans to watch it from home with their newborn. “We had a couple of options to go somewhere to watch the game, but with this kind of money on the line, $15,000 for a $100 bet, I want to really be able to focus on the game,” Saunders said.

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What does +6.5 mean in gambling?

Chicago +6.5 means that Chicago is the underdog and has been “spotted” or “given” 6.5 points; if Chicago loses by 6 or fewer points, it is a winning bet (if Chicago pulls an outright upset, it is also a winning bet).

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What does line mean in sports betting?

What does “line” mean as a sports betting term?

Another term for “point spread.” It is the betting “line” or gambling odds used to determine the parameters for wagering on either the favorite or underdog in a sporting event. The practice of wagering on a line was encourages betting on both sides involved in the contest. Rather than just picking an outright winner, gamblers are able to wager on the final margin of victory, with the favorite needing to win by a certain number of points and the underdog needing to stay within a certain range of points. For example: Green Bay –6.5 means that Green Bay is the favorite and must win by at least 7 points. Chicago +6.5 means that Chicago is the underdog and has been “spotted” or “given” 6.5 points; if Chicago loses by 6 or fewer points, it is a winning bet (if Chicago pulls an outright upset, it is also a winning bet). Usually, there is a 10 percent “juice” that the house or sportsbook charges for line betting. For example: Green Bay –6.5 (–110) or Chicago +6.5 (–110) means you’d wager $110 for the chance to win an additional $100 if you bet on the point spread. Depending on which side is receiving the most action, a sportsbook will often move the line up or down in order to incentivize betting on the less popular side. Injuries or unforeseen changes can also impact a gambling line. Lines are often listed with a half-point (ex: 6.5) in order to prevent the final margin from landing exactly on the point spread (ex: 7-point spread, final score of 20–13). A “push” or “tie” usually goes to the house or sportsbook, unless another arrangement has been agreed upon beforehand.

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