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For example, if the odds for a particular team to win a championship are +500, this means that a bettor would receive a payout of $500 for every $100 they wagered if that team goes on to win the championship.

How to Read Odds: Payouts, Types, Examples - Sportsbook Review

sportsbookreview : how-to-bet-on-sports : how-to-read-odds

Plus odds show how much you will win from a bet of $100 e.g +500 means you win $500. Minus odds show how much you need to bet to win $100 e.g -500 means you have to bet $500 to win $100.

Sports Odds Explained A Beginner's Guide to Odds

legalbetting : sports : strategy : odds

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