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bags
(Person With Nothing Better To Do!)
    
USA
2224 Posts |
Posted - 05/04/2013 : 05:41:42 AM
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quote: Originally posted by BobbySac
+117 means if you bet $100 and the team you picked wins, you would win $117. If it were -117, then you would have to bet $117 to win $100. The team with a - number is the favorite. It is known as a money line. It is also the most common system used when betting baseball.
Don't forget one other point-you also get your original bet back. Your +117 would pay $117 PLUS your original bet for total of $217. Your -$117 bet would mean your $117 bet would bring your $100 PLUS the original $117 for again the $217 total. From a casino a portion of the winning portion would be kept by the house ( not sure-think about 5%). http://www.vegas.com/gaming/gaming_tips/betting.html |
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