Its never 50 - 50 on a bet, there is gravy on every bet even when you win.Ī good example is what you see in las vegas sports betting where you see a football game and it shows you the point spread. 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? 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.
So +2000 means a 100 dollar bet will pay you 2000 dollars, plus your money back, so its 20 to 1. That doesn't mean you have to bet 100 dollars, it just uses that as a marker to tell the payoff. It's actually pretty easy, just remember thats bets are normally based on a +100 bet. 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? 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. What Does +2000 Mean Sports Betting? - Help!.
