Cryptocurrency Q&A What does +1200 mean in gambling?

What does +1200 mean in gambling?

Alessandro Alessandro Sat Jan 25 2025 | 7 answers 1740
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? What does +1200 mean in gambling?

7 answers

Carolina Carolina Mon Jan 27 2025
Underdogs in betting are offered plus moneyline odds.

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Alessandro 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.

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CryptoEmpireGuard CryptoEmpireGuard Sun Jan 26 2025
These odds indicate the potential profit for a $100 bet if the underdog emerges victorious.

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amelia_doe_explorer 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.

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CherryBlossom CherryBlossom Sun Jan 26 2025
BTCC, a leading cryptocurrency exchange, offers a range of services beyond betting.

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