What Does 130 Mean In Betting
What does -3 and +3 mean in NFL betting? A -3 spread means that the favorite must win by more than a field goal to win the wager. A three-point win would result in a push and the sportsbook would refund the wager. A spread of +3 means the team listed as the underdog must win the game or lose by fewer than three points to cash the bet. In-play betting is a form of betting that has become hugely popular through online betting sites, which involves placing a bet on a particular outcome after the event has started. What Do the + and – Mean in Sports Betting? The – and + on a sports betting line indicates both your prospective payout and whether you’re betting on the favorite or the underdog. Negative numbers signify the favorite on the betting line. The negative number indicates how much you’d need to bet to win $100. A bookmaker offers @2.30 for a team to win the game, and you bet 100$ on that team at @2.30 odds. If that team wins the game, you get 230$ (including the stake) back. Your profit is 230$ - 100$ = 130$. The ones who bet on US Sports are more familiar to these. There are two types of US odds, the positive and the negative ones.
Betting odds explained
Betting odds can appear daunting at first glance but they are actually quite straightforward to calculate. We’ve devised a beginners guide to explain betting odds.
What Does Plus 120 Mean In Betting
How do odds work?
When looking at the odds (price) of a horse, the two formats used are decimals and fractions. Betting exchanges operate in decimals, whereas fixed-odds betting firms generally operate in fractions.
What Does Plus 135 Mean In Betting
When determining the returns of a fractional bet, the second number always suggests the stake and the first number denotes what the profit will be if the bet wins. Take 4/1 as an example. If you stake £1 on a horse, then you stand to win £4 if the selection wins the race, which excludes your initial stake. In contrast, the decimal format factors in the initial stake. Betting odds of 4/1 would equate to 5.0 in decimal terms, 5/1 would be 6.0, and so forth.
See the chart below for a breakdown of betting odds in both fractional and decimal format, showing forecasted returns to £5 level stakes for the key prices in a market.
What Does -130 Mean In Betting
Knowing your odds
| wdt_ID | Fractional | Decimal | WIN RETURNS FROM £5 (inc. stake) |
|---|---|---|---|
| 1 | 1-2 | 1.5 | £7.50 |
| 2 | 4-7 | 1.57 | £7.86 |
| 3 | 8-13 | 1.62 | £8.08 |
| 4 | 4-6 | 1.67 | £8.33 |
| 5 | 8-11 | 1.73 | £8.64 |
| 6 | 4-5 | 1.80 | £9.00 |
| 7 | 5-6 | 1.83 | £9.16 |
| 8 | 10-11 | 1.91 | £9.55 |
| 9 | 1-1 | 2.00 | £10.00 |
| 10 | 11-10 | 2.10 | £10.50 |
If you want to work out your winnings from a multiple bet such as an accumulator or lucky 15, you can use our betting calculator to find out instantly what you’ve won.