Re: Super Bowl Odds Question
In Las Vegas (and offshore too), lines are quoted like this:
-XXX means you have to risk XXX to win 100.
+YYY means you have to risk 100 to win YYY.
You can wager any ratio of 100, assuming the book will take the wager.
Examples:
1. IND to win SB at -250 means you have to risk $250 in order to win $100. If you wanted to win $50, then you have to risk $125.
2. Kansas City Royals to win the AL Central: +8500. This means your risk of $100 pays you $8500 if you win your bet. If you only risk $10, then you will win $850.
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