Wager Mage
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Is +200 a underdog?

Moneyline odds that are listed at +200 mean that a team is a clear underdog in the bet. The favorite will usually be listed at -110 or lower, and the underdog will have a (+) in front of their odds.

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Learning how to read Vegas odds and betting lines is critical for new bettors. In this article, we will explain what odds of +200 mean as well as go over how odds work in general. Make sure to read about what +1.5 means in betting as you need to understand both as a bettor. Whenever you see odds listed at +200, you are looking at either a moneyline or future odds. Against the spread or total betting odds will typically be offered at -110 for each side, and it’s rare that it would ever go to +200. Moneyline odds that are listed at +200 mean that a team is a clear underdog in the bet. The favorite will usually be listed at -110 or lower, and the underdog will have a (+) in front of their odds. If this is a futures bet, you need to consider the complete list to determine where this team or player falls. 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. You don’t need to bet $100 but this is the simplest way to explain what +200 odds mean in terms of potential payouts.

Know that odds can change at anytime

Odds can change at any time, and a team that is listed at +200 one day could easily be listed at +160 the next. If you have made a bet on a team or player at +200, then you are locked into those odds. You can always make an additional bet if the odds change in your favor. There are several reasons that betting odds and lines can change – such as player injuries, rumors, and news around teams and players – but the amount of money that is being wagered on each side is usually the biggest factor. Sportsbooks are looking to protect themselves from big losses and will adjust the odds accordingly.

Shop around for the best odds

Before you make a wager you should always shop around for the best odds that you can find. A team that is listed at +200 at one sportsbook could be listed at +220 at another site. If you only have a sports betting account with one sportsbook you are stuck with those odds but giving yourself a chance to find the best odds can help you succeed in this industry. To start betting online, sign up with one of our trusted sportsbooks below

Further reading about betting and odds

We have put together a few sports betting guides for those of you who want to know more about specific betting strategies and understand more about how to bet and what to consider when placing a wager online:

Happy betting!

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How much did Drake bet on Colby?

Drake surely had a close eye on the UFC 272 main event. The hip-hop artist and pop-culture icon placed a $275,000 bet on Jorge Masvidal to defeat Colby Covington in Saturday night's main event at T-Mobile arena in Las Vegas.

Drake surely had a close eye on the UFC 272 main event.

The hip-hop artist and pop-culture icon placed a $275,000 bet on Jorge Masvidal to defeat Colby Covington in Saturday night’s main event at T-Mobile arena in Las Vegas. That $275,000 is gone, though, after Covington (16-3 MMA, 11-3 UFC) won a convincing unanimous decision. While it’s not clear what odds Drake received, according to Tipico Sports Book, Masvidal (35-16 MMA, 12-9 UFC) was a +255 underdog, while Covington was the favorite at -350. At those odds, Drake would’ve earned $701,250 if Masvidal pulled off the upset.

Below is a video of Drake making his bet on “Gamebred.”

Covington entered UFC 272 coming off a championship loss to Kamaru Usman at UFC 268 last November. He lost the fight by unanimous decision. Masvidal also is coming off a loss against the champion. Masvidal last fought at UFC 261and was knocked out by Usman.

Usman defeated Covington and Masvidal two times each.

The Blue Corner is MMA Junkie’s blog space. We don’t take it overly serious, and neither should you. If you come complaining to us that something you read here is not hard-hitting news, expect to have the previous sentence repeated in ALL CAPS. Gannett may earn revenue from Tipico for audience referrals to betting services. Tipico has no influence over nor are any such revenues in any way dependent on or linked to the newsrooms or news coverage. See Tipico.com for Terms and Conditions. 21+ only. Gambling problem? Call 1-800-GAMBLER (NJ), 1-800-522-4700 (CO).

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