Comments on: How does Sports Betting work like if there was a team that was -450 how much would you win if you bet $100? http://www.mostrisport.com/sports-bet/how-does-sports-betting-work-like-if-there-was-a-team-that-was-450-how-much-would-you-win-if-you-bet-100 Wed, 01 Feb 2012 09:59:59 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Mr. Luva Luva http://www.mostrisport.com/sports-bet/how-does-sports-betting-work-like-if-there-was-a-team-that-was-450-how-much-would-you-win-if-you-bet-100/comment-page-1#comment-2661 Mr. Luva Luva Tue, 02 Mar 2010 01:36:59 +0000 http://www.mostrisport.com/sports-bet/how-does-sports-betting-work-like-if-there-was-a-team-that-was-450-how-much-would-you-win-if-you-bet-100#comment-2661 In your example, you will win $22.22 if you bet $100 on a team/person who is -450. The person/team with the minus sign next to their price is the favorite and the one with the plus sign is the underdog. In the case above, you have to bet $450 on the person/team who is -450 to win $100. Likewise, you win $300 for betting $100 on the person/team who is +300. In this scenario, person B is REALLY expected to lose. You can bet on a team to win a single game, or you can go onto the "futures" section of any sportsbook such as bodog.com or bookmaker.com. In this "futures" section you can bet on a team to win a series or even to win the world series. If you bet $100 on the Golden State Warriors to beat the Mavs in their NBA Playoff series you would have got them at +1500, a huge underdog, but they won and you would have cashed in for $1,500!! Good luck!<br><b>References : </b><br> In your example, you will win $22.22 if you bet $100 on a team/person who is -450.

The person/team with the minus sign next to their price is the favorite and the one with the plus sign is the underdog. In the case above, you have to bet $450 on the person/team who is -450 to win $100. Likewise, you win $300 for betting $100 on the person/team who is +300. In this scenario, person B is REALLY expected to lose.

You can bet on a team to win a single game, or you can go onto the "futures" section of any sportsbook such as bodog.com or bookmaker.com. In this "futures" section you can bet on a team to win a series or even to win the world series. If you bet $100 on the Golden State Warriors to beat the Mavs in their NBA Playoff series you would have got them at +1500, a huge underdog, but they won and you would have cashed in for $1,500!! Good luck!
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]]> By: dhkeys http://www.mostrisport.com/sports-bet/how-does-sports-betting-work-like-if-there-was-a-team-that-was-450-how-much-would-you-win-if-you-bet-100/comment-page-1#comment-2660 dhkeys Tue, 02 Mar 2010 01:04:59 +0000 http://www.mostrisport.com/sports-bet/how-does-sports-betting-work-like-if-there-was-a-team-that-was-450-how-much-would-you-win-if-you-bet-100#comment-2660 -450 means betting $4.50 will win $1.00. For example, if you gave the casino $450.00 and they gave you a ticket, when you turn in the ticket you will receive $550.00. By the same token, +450 means betting $100.00 will win $450.00 (i.e. buy a ticket for $100.00 and receive $550.00 back when you return it). Bets like "Dodgers to win World Series" are available in Vegas throughout the season but, in my opinion, they are sucker bets because the actual winning ticket usually isn't more than 10 to 1 (i.e. buy a ticket for 1 and get 11 back). By the way, 10 for 1 means buy a ticket for 1 and get 10 back.<br><b>References : </b><br> -450 means betting $4.50 will win $1.00. For example, if you gave the casino $450.00 and they gave you a ticket, when you turn in the ticket you will receive $550.00. By the same token, +450 means betting $100.00 will win $450.00 (i.e. buy a ticket for $100.00 and receive $550.00 back when you return it). Bets like "Dodgers to win World Series" are available in Vegas throughout the season but, in my opinion, they are sucker bets because the actual winning ticket usually isn’t more than 10 to 1 (i.e. buy a ticket for 1 and get 11 back). By the way, 10 for 1 means buy a ticket for 1 and get 10 back.
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