Terrible Newbie Odds Question

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  • JVP3122
    SBR MVP
    • 05-02-09
    • 1048

    #1
    Terrible Newbie Odds Question
    I feel like a moron right now but if I place a 1 unit bet on odds at +250 I would receive back 3.5 units for a total profit of 2.5 units, right? I've been gone for a while and I'm testing a betting strategy and I want to make sure I'm not over-stating any possible underdog winnings.
  • The Giant
    SBR Posting Legend
    • 01-21-12
    • 21480

    #2
    The answer is Bismarck North Dakota.
    Comment
    • Big Bear
      SBR Aristocracy
      • 11-01-11
      • 43253

      #3
      Don't second guess yourself you are correct.

      Odds are based off a $100 bet.

      if odds are +250 you bet $100 you win $250.

      if odds are -300 that means you have to put down $300 in order to win a $100 .

      This is why many frown upon Brock Landers bc he likes these -300 type plays and all it takes is for a couple of these -300 type bets to lose and you will destroy your bankroll.
      Comment
      • Booya711
        BARRELED IN @ SBR!
        • 12-20-11
        • 27329

        #4
        Originally posted by JVP3122
        I feel like a moron right now but if I place a 1 unit bet on odds at +250 I would receive back 3.5 units for a total profit of 2.5 units, right? I've been gone for a while and I'm testing a betting strategy and I want to make sure I'm not over-stating any possible underdog winnings.
        correct. $100 wager at +250 would be a profit of $250 and getting back your original $100
        Comment
        • Bigbill365
          SBR MVP
          • 06-22-12
          • 4572

          #5
          anytime you see +250 that means your going to get $2.50 for every $1 bet plus that $1 bet back so a total of $3.50
          Comment
          • etothep
            SBR MVP
            • 09-14-07
            • 1299

            #6
            Originally posted by JVP3122
            I feel like a moron right now but if I place a 1 unit bet on odds at +250 I would receive back 3.5 units for a total profit of 2.5 units, right? I've been gone for a while and I'm testing a betting strategy and I want to make sure I'm not over-stating any possible underdog winnings.
            Gonna tell us the strategy? Here's mine - don't tell the girlfriend how much I lose by gambling
            Comment
            • Smoke
              SBR Aristocracy
              • 10-09-09
              • 48111

              #7
              Originally posted by The Giant
              The answer is Bismarck North Dakota.
              Comment
              • manny24
                SBR Posting Legend
                • 10-22-07
                • 20046

                #8
                if that plus 2 fiddy is a winner don't hold back on us cousin

                we can all pound tha fukk out of her JVPer
                Comment
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