What does minus 160 odds mean?

A $100 bet on a team at +1200 means a payout of $1,200 if successful. What does “minus 160” means: It's the same as -160 and refers to a modest moneyline favorite. To win $100 on a -160 favorite, you would need to risk $160.

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2024-01-21 12:01:06

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What does minus 190 odds mean?
American Odds
A minus sign indicates a bookie's favorite to win while a plus symbol indicates an underdog. A -250 favorite has a better chance of winning an event than a -150 favorite, while a +200 underdog has a better chance of winning than a +500 underdog.
2024-01-10 14:13:20

What is the formula for calculating odds?
Odds = Probability / (1-probability). Odds ratio (OR) = ratio of odds of event occurring in exposed vs. unexposed group.
2024-01-07 12:34:16

What does 72 odds mean in horse racing?
It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return.
2023-11-25 12:41:31

What does 160 odds mean?
The Jets' odds are +160, meaning a $10 bet would win $16 for a return of $26. Football Parlays: More than one team on the same bet. You may combine several teams into one wager. All teams and/or totals must cover the point spread to win the bet. Odds and the number of teams vary from casino to casino.
2023-06-06 17:22:33

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