What Does +2000 Mean Sports Betting?

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Guest Says:
If betting to win the superbowl, what does +2000 mean in a sports bet? For example some teams show +2000, +1000, +3000 ,etc and some teams are much smaller +100 or +400. How do you read this? Smaller is obviously not as good as those are favorites to win the superbowl, but how do you know how much this pays in a bet?

Guest Says:
It's actually pretty easy, just remember thats bets are normally based on a +100 bet. That doesn't mean you have to bet 100 dollars, it just uses that as a marker to tell the payoff. So +2000 means a 100 dollar bet will pay you 2000 dollars, plus your money back, so its 20 to 1. You don't have to bet $100, you can bet $5 and that will pay 20 to 1 so your payoff if you win the bet will be $100.

Guest Says:
Thanks

Guest Says:
What is a football bet or any bet on sports says -103? Does that mean I will have to bet the 103 just to get 103? or at least 103 to get even money?

Guest Says:
It means you bet 103 to win 100.  Its never 50 - 50 on a bet, there is gravy on every bet even when you win.

Guest Says:
A good example is what you see in las vegas sports betting where you see a football game and it shows you the point spread.  The point spread may be -7 or +7 telling you a football team is favored by 7 points or an underdog by 7 points.  So if you bet on the team that is -7, you must win by more then 7 to win the bet because you are giving 7 points. A tie gets your money back on the bet.

The sports betting line may show -110, its usually -110, -105 or -115 as those are very common. So if your bet was -110 and you bet a $100, and your team wins by 8, you dont win a $100.  You were at -110, which in sports betting means you win a $100 if you bet $110, so your $100 bet will win you $90 something etc.


Guest Says:
Please explain the mayweather and mcgreggor
Mayweather -700
Mcgreggor +500

Guest Says:
Easy, mayweather is a heavy favorite. If you bet $700 on mayweather and he wins, you will win $100 (plus your money back).  If you bet $100 on Mcgreggor and he wins, you will win $500 (plus your  money back).

Greg Zermeno Says:
nice , thank you for the definition , very helpful

Mark G. Says:
Always just look at a sports bet with the plus or minus and assume you are betting $100 as explained above. Its just telling you what % you would win. The profit (plus your money back).

+3000 bet = Positive sign so $3000 if you bet $100
+1000 bet = Postive sign so $1000 if you bet $100
-110 bet = Negative sign so $100 if you bet $110
-115 bet = Negative sign so $100 if you bet $115

Wins always get your money back, plus the profit of the win. You can see that its not 100% payout on the minus sign bets, thats because the house has to make money somewhere. Those above shows you the % so you can figure out what any bet would pay. If you bet $5 on the -110 example above instead of $100, it would pay you around $4.55 if you win (plus your money back).  
The plus sign bets would be big favorites because its giving you a big payout advantage, but of course in that scenario it would have to be a big upset.

I used to bet football games in vegas all the time, it was a blast but it was worth it to check different casino's because some games would be -110 and others would be -115, and that better payout matters. Some might have a point spread on the game of 3 points vs 2.5 points elsewhere also, so it matters to check and get the better advantage.

Guest Says:
This made it so easy. And as you can see the house always gets the best odds. That is normal, makes it real. Be careful of betting live, they could already be losing. Last, The odd makers are real sharp, and now have great computer systems to help, grant you, there is always a chance. We just say that with the Vikings. But, that is not the norm. Most the time you are better off giving $150 to win $100. You will win more then lose, just not big. You decide are you the guy/gal that wants to chance $1000 a day to win $200 a day? Are you willing to lose thousands to make one big run. Bet $1000 made $300,000? Next Points, I will leave that discussion to someone more qualified then I!


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