What Does 49 1 Mean In Betting
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.
This would mean in order for a bet on the favored team on the spread to win they would need to win by more than 6.5 points (7 or more) in order to win the bet. It also means that a bet on the underdog team would win if the underdogs lost by less than 6.5 points (6. (2/1) + 1 = 3.o. And using our second example from above, 8/13, it looks like this: (8/13) + 1 = 1.62. If you want to go from decimal odds to fractional odds is similarly simple. You just minus one from the decimal odds, turn that number into a fraction and reduce it down to.
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.
What Does 49 1 Mean In Betting Odds
This means that the team you are betting on must win or not lose by a predetermined margin of points. For example, the Chargers could have odds of (+4) -110 to win. The (+4) indicates the point spread, meaning the Chargers would need to win by 4 points for the bet to be successful.
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.
- How does the odds converter work? Our odds converter allows you to enter any format such as US odds (+100), or decimals / Australian odds ($2.00) or fractional / UK odds (1:1) and we convert all these formats to the other betting formats for you.
- What do the + and - mean in sports betting? There are multiple meanings. The most common meaning, particularly in American football and basketball, is a point spread. If point spreads are being discussed, you might see something like “Buffalo +7 a.
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 -200 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.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.
A negative money line is also considered as the favorite – or chalk pick – by the oddsmakers.
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.
What Does 49 1 Mean In Betting
For example…
In the first round of the 2018-19 NBA Playoffs, the Golden State Warriors money line was -20000What Does +100 Mean In Betting
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.