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What does +4000 money line mean?

Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers. The number also indicates how much money would win in comparison to every $100 you wager.

sportsbookwire.usatoday.com - Betting 101: What is a moneyline bet in sports betting? - Sportsbook Wire

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In the world of sports betting, a moneyline bet is simply betting on which team you expect to win. It doesn’t have anything to do with a margin of victory (sports betting point spread), how many points the teams combine to score (sports betting Over/Under) or anything else — it is purely betting on which team you expect to win the game. You may also see a moneyline bet listed as “Moneyline” or “ML” in different spaces. Moneylines are represented in negative, positive and EVEN (even money bet: bet $100, win $100) values.

Negative moneyline: -145, -220, or anything similar

When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game. That number also indicates how much money you need to bet/spend in order to win $100. For example, a -220 moneyline means you need to bet $220 in order to win $100 provided the team you bet on actually does win. Heavy favorites are known in sports betting as a “chalk” pick. A heavy favorite usually has a number pushing +300 or more. Here, you’re wagering a lot on the favorite to win a little. Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner…

Positive moneyline: +145, +220, or anything similar

When you see a plus (+) sign in front of a price, it illustrates to you that team is the underdog. Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers. The number also indicates how much money would win in comparison to every $100 you wager. For example, a +150 moneyline means you would win $150 for each $100 wager you place should that team win the game.

Moneyline examples:

Lets use an NFL example here:

New England Patriots -240

Miami Dolphins +220

To bet the New England Patriots to win on the moneyline, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit. To bet the Miami Dolphins to win on the moneyline, you would spend $100 on the bet for a chance to win $220 if the Dolphins, as the underdog, beat the Patriots. Your return would be $320 – the original $100 stake (bet) and the $220 profit. In both situations, it doesn’t matter if the team you bet on wins by one point or 100 points. You’re purely betting on the team you believe will win the game. As Al Davis said, “Just win, baby.” That’s exactly what you’d be looking for out of your selection. It doesn’t have to be pretty, it just has to happen or your original stake is lost.

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What does +300 mean on a bet?

What does +300 mean? The +300 represents the odds of a bet. In this situation, for every $100 that you bet on Duke to win, you'd pocket $300 in return should Duke win this year's men's college basketball tournament.

sportsbookwire.usatoday.com - Duke Blue Devils +300 to win March Madness. What does that mean?

With March Madness upon us and increased focus on sports wagering, it’s important that you understand what you’re seeing, hearing and reading. As you consume sports media around March Madness (or any other sport for that matter), you’ll often hear things like: The Duke Blue Devils are +300 to be the outright winner of this year’s March Madness Tournament.

What does +300 mean?

The +300 represents the odds of a bet. In this situation, for every $100 that you bet on Duke to win, you’d pocket $300 in return should Duke win this year’s men’s college basketball tournament. Toss down a cool $1k on them and you’d pull in $3,000 if they win. If they lose, you’re out $1k – or whatever you opted to wager.

What does -300 mean?

If there’s a -300 money line, that means for every $300 that you wager you would win $100 if your bet is correct.

Simple betting things to remember:

When you hear positive numbers, that is the amount you win per $100 wager. When you hear a negative number that is the amount you need to bet in order to win $100 in a wager. Negative numbers reflect the team is the favorite, or chalk, selection.

What do 5-to-1 odds mean?

Well, what about #-to-# odds? How does that compare and what do they mean? The concept is very similar to what we’ve already discussed. In this case, the first number (or 5) is the sportsbook’s stake against the second party’s bet – the second number (or 1) in this case. So for every $1 dollar that you wager on a 5-to-1 bet, you’d be paid $5 against it if your bet is accurate. Wager $10, your bet wins and you pocket $50.

What are the odds of winning a 4 team parlay?

Parlay Calculator FIXED ODDS PARLAY TABLE # of Teams Las Vegas Payout **Global Book Payout 4 10/1 12.28/1 5 20/1 24.35/1 6 40/1 47.41/1 4 more rows

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