What Does 11 10 Mean In Betting
By Shane Rivers on February 19th, 2015. Updated on January 2, 2020. Betting on tennis provides a rare thrill for the spectator, as well as the opportunity to win a decent amount of money. Both the men's and women's events are filled with action, and the global appeal of the sport can't be denied. The Pacers are the underdog on the moneyline at +350. The Cavs are the favorites on the moneyline with -440. This means a $100 bet on the Pacers to win pays $350. And that you would have to wager $440 on the Cavs to win $100. This ratio holds true for a wager of any amount. A $10 bet on the Pacers pays $35 while a $10 bet on the Cavs pays $2.27. So, with an odds number of +200, you would win $200 in profit if you bet on them to win and they actually won. The bigger the number after the plus sign, the bigger of an underdog that the team or person is to win. So, if a team is +1000 to win, this would mean that you would win $1000 in profit with a bet of $100 - if they won, of course.
The legal sports betting world is changing. Quickly.
New states are opening their arms to the world of legal sports betting and are opening opportunities for you to take part in making legal sports bets on your favorite teams in casinos, race tracks and through online betting.
Part of our goal at SportsbookWire is to educate the new and/or casual sports bettor on the typical terms around legal sports betting and the various nuances that go into making a sports bet or wager.
In sports betting, a negative money line (represented as -200, -300, -400, etc.) represents the amount of money that you need to bet in order to win $100 if your bet is correct.
Here are some negative money line examples:
The New England Patriots are -500 against the Buffalo Bills. If you’re betting the Patriots, you would need to wager $500 in order to win $100 if your bet is correct with the Patriots winning.The New York Yankees are -200What Does Betting Odds 11/10 Mean
to beat the New York Mets. If you are betting on the Yankees, you need to wager $200 to win $100 if your bet is correct with the Yankees winning.The Tampa Bay Lightning are -400 to beat the Detroit Red Wings. If you’re betting on the Lightning to win, you need to wager $400 to win $100 if your bet is correct with the Lightning winning.What Does 220 Mean Betting
It’s actually pretty easy and we’re sure you get the point here.
Fractional odds of 1/2 and decimal odds of 1.5 are also equivalent in this scenario.
What Does 11/10 Mean In Betting
A negative money line is also considered as the favorite – or chalk pick – by the oddsmakers.
What Does 160 Mean Betting
We’ll get into that more in other pieces, but the heavier the team, player, situation or bet in general is favored to succeed, the higher the negative money line.
For example…
In the first round of the 2018-19 NBA Playoffs, the Golden State Warriors money line was -20000 to beat the Los Angeles Clippers. That means you would need to have wagered $20,000 to win $100 if the Clippers won.Kind of ridiculous, right? That’s how heavy the Warriors were favored over the Clippers … the sports books don’t want you making that bet, because it was expected to be an easy Warriors win.If you’re looking for more educational information on sports betting and terms around such, be sure to check out our How to Bet on Sports 101 section for a variety of betting definitions, betting terms and sports betting strategies to help you build your bank account.