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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
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What does +900 mean in betting: If you wager on a team at +900
you would win $900 for every $100 you bet
. This is considered a sizable underdog in the sports betting world at 9/1.
What Do The Sports Betting Odds Mean - Forbes
forbes : betting : what-do-sports-betting-odds-mean
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