What Does +400 Mean In Betting?
April 26, 2023Table of Contents
Introduction to Betting Odds
Betting odds are an important aspect of sports betting that every bettor needs to understand. They help bettors to calculate their potential winnings and make informed decisions when placing bets. In sports betting, odds are used to determine the likelihood of a particular outcome occurring, with higher odds indicating a lower probability of that outcome occurring, and vice versa.
One of the most commonly used odds formats in sports betting is the 메이저놀이터 순위 odds format, which is also known as moneyline odds. American odds are expressed as either positive or negative numbers, with the positive numbers indicating the underdog and the negative numbers indicating the favorite.
Understanding +400 Odds
When a sportsbook lists odds in the form of +400, it means that the bettor stands to win $400 if they place a $100 bet and the outcome they bet on comes true. The plus sign in front of the number indicates that this is the amount the bettor stands to win if they bet $100. For example, if a bettor places a $50 bet on a +400 outcome and wins, they will receive $250 in winnings ($50 x 4).
The odds of +400 can also be expressed as 4.00 in decimal odds format or 5/1 in fractional odds format. Decimal odds represent the total payout for every $1 wagered, including the original stake, while fractional odds represent the potential profit for every $1 wagered, excluding the original stake.
When to Use +400 Odds
The decision to use +400 odds ultimately depends on the bettor’s confidence in the outcome they are betting on. A +400 odds bet represents a significant underdog in the eyes of the sportsbook, meaning that the outcome is not likely to occur according to the bookmakers. However, upsets do happen in sports, and betting on an underdog with +400 odds can result in a big payout if the bettor’s prediction is correct.
It is important to note that while high odds like +400 may offer a potentially lucrative payout, they also carry a high level of risk. Bettors should carefully consider their bankroll and only bet what they can afford to lose, as there is no guarantee that the outcome they are betting on will come true.
Examples of +400 Odds Bets
To better understand how +400 odds work in sports betting, let’s look at a few examples:
Example 1: Betting on an Underdog in a Football Game
Suppose there is an upcoming football game between the New England Patriots and the Miami Dolphins, and the Patriots are listed as -200 favorites, while the Dolphins are listed as +400 underdogs. A bettor who places a $100 bet on the Dolphins to win would stand to win $400 if the Dolphins come out on top. However, if the Patriots win, the bettor would lose their $100 wager.
Example 2: Betting on an Underdog in a Boxing Match
In a boxing match between two fighters, one fighter may be heavily favored over the other. For example, let’s say that in a match between Mike Tyson and Buster Douglas, Tyson is listed as -1200 favorite, while Douglas is listed as a +400 underdog. A 메이저놀이터 순위 who places a $100 bet on Douglas to win would stand to win $400 if he pulls off the upset and wins the fight. However, if Tyson wins, the bettor would lose their $100 wager.
Conclusion
+400 odds represent a potentially lucrative opportunity for bettors to win big payouts in sports betting. However, it is important to carefully consider the risk and only bet what you can afford to lose. By understanding betting odds and using them strategically, bettors can make informed decisions and potentially profit from their wagers.