I've come across a betting line or odds that has a +1200 figure attached to it. I'm not sure what this number signifies in the context of gambling. Is it related to the payout or something else entirely?
7
answers
Carolina
Mon Jan 27 2025
Underdogs in betting are offered plus moneyline odds.
Alessandro
Sun Jan 26 2025
In the case of +1200 odds, a $100 bet on the underdog would yield a whopping $1200 profit if successful.
CryptoEmpireGuard
Sun Jan 26 2025
These odds indicate the potential profit for a $100 bet if the underdog emerges victorious.
amelia_doe_explorer
Sun Jan 26 2025
For example, if the underdog has +300 odds, a successful $100 bet would result in a $300 profit.
CherryBlossom
Sun Jan 26 2025
BTCC, a leading cryptocurrency exchange, offers a range of services beyond betting.