100 Odds
With straight bets, we have to bet a little more than we stand to win. The industry-standard is -110, meaning you bet $110 for every $100 you hope to win. But with a little work, you can find a -105 line where you only bet $105 for every $100 you want to win. Basketball Betting Odds: Standard basketball also operates on the point-spread. A number is applied to all basketball games.
- You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits. Examples: A listed odd with a + sign in front of it, such as the +120 in our example.
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DAYTONA BEACH, Fla. (AP) — Michael McDowell was glued to Brad Keselowski’s bumper, watching and waiting for his chance to win the Daytona 500.
Joey Logano was the leader, the laps were winding down and yet no one had the nerve to pull out of traffic. McDowell was certain Keselowski would go for it eventually, and when he did, McDowell would play his hand.
On the final lap, Keselowski attempted to dart around Logano, but Logano threw a block on his teammate that crashed them both. McDowell stayed right where he was, flat in the gas, and drove through a crash scene for a stunning upset.
“I knew he would go for a race-winning move and my plan was to let him make that move,” McDowell said. ”I knew I didn’t want to make my move too early, so I was committed to the (Keselowski) bumper and when he made the move, the hole opened up.”
What Does +100 Odds Mean
A 100-1 underdog when the race began Sunday afternoon, McDowell won for the first time in 358 Cup starts when the checkered flag finally flew about 15 minutes after midnight. The race was stopped by rain for almost six hours and ended nine hours after the green flag waved at Daytona International Speedway.
“There’s been lots of years where I was wondering what the heck am I doing and why am I doing it?” McDowell said. “I always knew if I just kept grinding that one day everything will line up and go right.”
NASCAR’s season opener was stacked with storylines. Denny Hamlin was trying for a record third-consecutive Daytona 500 victory, and the team he started with Michael Jordan was debuting with driver Bubba Wallace.
Kyle Larson was back after nearly a year in exile for using a racial slur, and reigning Cup champion Chase Elliott was going for his first Daytona 500 win.
And all the way at the back of the field, 1990 Daytona 500 winner Derrike Cope made what he said would be his final NASCAR start. At 62 he was the oldest driver in the field, and his upset victory 31 years ago was considered the biggest in race history.
McDowell didn’t take that title from Cope, partly because McDowell is a strong superspeedway racer capable of mixing it up with the usual suspects. If he could ever find himself in the right place at the right time, McDowell figured he could steal a win.
“It’s been a tough road for me. I’ve had to spend a lot of years grinding it out,” McDowell said. His career has been stabilized by four seasons driving for Front Row Motorsports, a tiny team in the Ford family that can hold its own at Daytona.
McDowell was in the mix even before the two Penske cars derailed the finish. His Ford was strong enough to push Keselowski, and McDowell figured with the checkered flag in sight, he’d try to pass Keselowski as they exited the final turn.
Logano’s block of Keselowski — it seemed late, Keselowski had already started to pull alongside his teammate — triggered a fiery multi-car pileup that was in McDowell’s rearview mirror.
“Brad was turning right, Joey was turning left and I went right through the middle,” McDowell said. “It’s just kind of a blur from there.”
Keselowski subtly blamed Logano for the messy finish.
“I wanted to make the pass to win the Daytona 500 and it ended up really bad,” Keselowski said. “I don’t feel like I made a mistake, but I can’t drive everybody else’s car. So frustrating.”
Logano had no explanation for the ending.
”Pandemonium, I guess. Chaos struck,” said Logano, who then praised McDowell. “It’s a real bummer that none of the Penske cars won, but at least a Ford won and I’m really happy for McDowell.
“If we couldn’t win, I’m really happy to see McDowell win this thing.”
McDowell, who led less than half of a lap, drag-raced Elliott and Austin Dillon until NASCAR finally called a caution.
A batch of solid contenders were knocked from the race just 15 laps in by a 16-car accident that began at the front of the field. It thinned the pack and set up a showdown between Kevin Harvick and Hamlin.
Hamlin and Harvick had the two best cars but pit strategy ended Hamlin’s shot at winning a record third consecutive Daytona 500. The Ford drivers pitted first as a group, followed by the Chevrolets a lap later and finally the Toyotas.
100 Odds Meaning
But the Toyota group has just five cars and they couldn’t group back together to reclaim control of the race. It put Logano, Keselowski and the Ford drivers out front, and Logano led the final 25 laps until Keselowski made his move.
McDowell held off Elliott and Dillon. Harvick finished fourth, and Hamlin was fifth after leading a race-high 98 laps.
Only 11 cars finished on the lead lap.
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More AP NASCAR: https://apnews.com/NASCAR
How does the odds converter work?
Our odds converter allows you to enter any format such as US odds (+100), or decimals / Australian odds ($2.00) or fractional / UK odds (1:1) and we convert all these formats to the other betting formats for you.
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What is an odds converter?
Odds can be displayed in many different ways, including as fractions, decimals and if you're in the USA, with a positive or negative sign. Therefore, an odds converter allows you to quickly convert US Odds (such as +100) to UK odds (such as 1:1) to Australian Odds (such as $2.00). It's important to realise that although they all look different they are all just indicating the same price of an event with numbers.
An odds converter is especially beneficial if you have moved to a new country with a new odds format, if you are travelling or if you are betting with an international sportsbook.
Decimal odds show the amount of money the bettor will receive back multiplied by the original stake. For example, if the price is $7.50, and the bet is successful, the bettor will receive 7.5 times their original stake.
Fractional odds are stating the same thing, in a different format. In fractional odds, whatever the second number is, can be seen as the stake, and whatever the first number is, is what the bettor will receive back should the bet be successful. For example, if the price is 15/2, the bettor will receive 15 'stakes' for every 2 they wager.
8 5 Odds Payout
American odds are slightly different and are based of stakes off a $100 bet. When the odds are with a + sign, they represent the amount of money you would receive back from a bet of $100. When the odds are displayed with a - sign, that represents the amount if money the bettor would have to wager to receive a $100 profit. For example, if the odds are +750, the bettor would receive $750 dollars if their bet was successful. If the odds were -750, the bettor would have to wager $750 in order to profit $100 (and therefore receive back $850 in total).
Las Vegas Nfl Odds
Now you can tell that $7.50, 13/2 and +650 all mean the same thing and the need for an odds converter!