Jan 1, 2024 ... Draw no bet means you wager on one team to win a match, but your stake is refunded if it ends in a draw. This market works as insurance in case ...Jan 25, 2022 · Betting $10 with 3-1 odds will give you a $30 profit plus your $10 back. Betting $10 with 7-4 odds would net $17.50 plus the original $10. Multiply the $10 by the numerator, which in this case is ... Let’s start by explaining what does PK mean in sports betting.PK is short for “pick” or “pick’em” and it is a term related to point spread betting.We won’t explain this type of betting in detail here – we already have a guide for point spread betting and we recommend taking a look at it for more info. We will keep things simple here and just …Moneyline. A moneyline bet simply wagers that one team or player will defeat another. Bettors also wager on the moneyline when they bet on an individual athlete, like a tennis player, to win their match. When it comes to ML betting on …A wager is a bet placed on the outcome of a sporting event. The person who makes the wager is called the “bettor” or the “punter,” and the amount of money wagered is called the “stake.”. The company that takes the bet is called the “bookmaker” or the “sportsbook.”. So, by that logic, wagering is betting on an outcome by ...This betting line favors the Colts. Indy is listed at 2:1. That means for every $2.00 bet the payout would be $3.00. That includes the $2.00 you wagered plus a profit of $1.00. If you take the Bears, the odds would be 1:4. On a $1.00 bet Chicago, which is the underdog, would pay a total of $5.00. That includes the $1.00 bet and the $4.00 payout.Jan 12, 2024 · What Does +200 Mean in Betting? To recap: If you’re scrolling through an online sportsbook and see a bet with a +200 next to it, this indicates that you’ll be wagering on a slight... Apr 14, 2023 ... Are you routinely making bad bets? Don't understand where to find value in sports betting? In this video, we explain the concepts of +EV ...Learn what -200 odds or longer means for sports betting and how it relates to certain promo offers from sportsbooks. Find out the types of bets that qualify, the …Free Bets: £20 Horse Racing, £20 Football Acca & 50 x £0.20 (£10) Free Spins on Fishin’ Frenzy within 10 hours. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply. Betting terminology can be confusing so we've put together this A-Z betting glossary to explain each of the terms commonly used.A slang term for betting on a favorite on the point spread. You are “giving” the underdog team a certain number of points in order to get longer odds than a moneyline bet would offer. This is the opposite of “taking the points.”. For example: If the Buffalo Bills are favored by 10.5 points over the Miami Dolphins, and you bet on the ...Bet Definition: What Is A Bet? ... A bet is a wager where at least two outcomes are in play. The outcome can be two or more opponents competing head-to-head for ... What does ‘+100 minimum odds’ mean? This means that you will get the free bet if you make a (parlay in this case) bet with +100 odds or higher. Examples of bets that qualify +110 odds, +200 odds, or +500 odds. Examples of bets that would not qualify you for the bonus would be even odds -100 odds, -300 odds, etc. Let’s try another example. So a $100 bet would win $188, a $200 bet would win $376 ($188 * 2), a $300 bet would win $564 ($188 * 3), and so on. ... Odds with a “-” indicate what you’d need to bet to profit $100. Money Line Bets Explained. Money lines (also called American Odds) are one of the most common ways to bet on sports. They do not use a point spread, and are straight-up bets on who will win the game or event. To properly explain how to bet the money line, the first thing to understand is the difference between a negative and positive money line. What does + mean in betting, and what does – mean in betting? ... However, if you saw a line with odds of -200, that means you would need to bet $200 in order to win $100 profit. Overall, the + and – signs are important for understanding the potential profits and risks associated with a particular bet in American odds.If you’re in the market for a used Jeep Cherokee, you have likely come across various dealerships and private sellers offering these vehicles. With so many options available, it ca...Whether you’re trekking through the backwoods or stepping out in the backyard, you need protection against insects and bugs. If you want to step outside in any situation with the k...As another example, if you see the Nets -180, this means you would have to bet $180 to win $100. This also doesn’t include the amount you wagered, so if your bet wins, you would collect a total of $280 ($100 in winnings + $180 wagered). >> Learn More: How Point Spread Betting Works or What +200 & -200 in Sports Betting MeanThe + and – in betting most often refer to the point spread difference between the teams. The point spread is the number of points added or subtracted from each team’s final score to make the game more even. For example, if the Eagles are -3.5 against the Giants at +3.5, that means the Eagles must win by 4 or more in order for that bet to ...What does -110 mean? In sports betting, -110 means that for every $1 a bettor wants to win, they must risk $1.10. If a bettor wanted to win $100 on -110 odds, …Wisconsin vs. Purdue Picks & Best Bets Featuring First Half -2.5. We’re certainly not just preferring the point spread market just because Purdue is expected to …Dec 22, 2023 ... What Does Covering the Spread Mean in Sports Betting? · In most two-way contests, one team is priced as a favorite and the other is priced as an ...When it comes to planning an event, one of the key factors that can make or break the experience for attendees is the food. While traditional catering options are always a safe bet...Gross Win: Win before expenses. Handicapper: One who studies sports and predicts outcomes of teams and players. Handle: Total amount of bets taken. Hedge: Bet the opposite of your original wager in order to reduce the amount of action you have on a game. Hold: The percentage the house wins.What does PK mean in betting? “PK” is an abbreviation for “pick” or “pick’em” and refers to even money wagers in point spread betting. PK in sports betting simply means that neither team is the favorite nor the underdog, so the point spread is zero. Whenever you place a PK bet at most online casinos, you are essentially wagering ...In a 3-way wager on an NHL game, the betting line will appear with a favorite, an underdog, and the option of selecting the game to end in a draw. As an example, it could appear New York Rangers -150, Philadelphia Flyers +200, Draw +250. In this scenario, you would receive $100 if you put down $150 on the Rangers and $200 if you bet $100 on the ...When betting a teaser, a push will simply drop that leg out, and adjust the payout. The same as a parlay. So if you bet $24 to win $20 on a two-team, six-point teaser (-120), and one leg pushes, your bet becomes a one-team, six-point teaser at around -265. That means you'd win $9.06 on that $24 bet.What Does 1.5 Mean in Betting? The plus symbol (+) in points spread betting also means something different than when used in betting odds. Again, it refers to the team or athlete’s performance.In today’s digital age, it may seem like everything can be done online. However, when it comes to printing services, local printers still hold a significant advantage over their on...Moneyline betting is where you pick the winner of an event or game. Negative odds indicate favorites, and underdogs have positive odds. The range between the odds can indicate the closeness of the matchup in the eyes of the sportsbook.. The odds can shift based on the expected performance and in response to where the bets …What Is Against the Spread (ATS) Betting? As mentioned earlier, betting against the spread means choosing the underdog. For example, in a game between the Titans and the 49ers in a spread market, choosing the team with a + sign next to the odds is betting against the spread. The + sign can easily recognize the ATS odds, so you don’t …Jan 24, 2024 · You’ve got to pay to play, unfortunately. If you want to bet on Golovkin to win the fight (8/13 odds), calculate your winnings by multiplying your wager by the quotient of 8 ÷ 13 (0.615). If you bet $10, your winnings would be $6.15 (10 x 0.615). In this case, you’ll receive $16.15 back ($10 bet + $6.15 in winnings). What does odds of +200 mean? If you were to bet $10 on +200 odds you would receive $20.00 in profit if this outcome won. Odds accompanied with a positive sign (+) indicate that this is the underdog and this outcome will have a lower chance of winning compared to a favorite, however underdogs will yield a higher profit if they win.. The implied win …With a number like +200, the 200 is the total amount of PROFIT that you would win with a bet of $100. So, with an odds number of +200, you would win $200 in profit if you bet on them to win and they actually won. The …If your initial bankroll is $5,000 and your unit size is 1%, then your first bet is going to be $50 (assuming even-money odds). If you win that wager, your bankroll jumps to $5,050. So your ... What does odds of +2000 mean? If you were to bet $10 on +2000 odds you would receive $ 200.00 in profit if this outcome won. Odds accompanied with a positive sign (+) indicate that this is the underdog and this outcome will have a lower chance of winning compared to a favorite, however underdogs will yield a higher profit if they win. With a number like +200, the 200 is the total amount of PROFIT that you would win with a bet of $100. So, with an odds number of +200, you would win $200 in profit if you bet on them to win and they actually won. The …A person will bet that the favored team will cover the spread, and defeat the opposing team by more points then the predetermined amount, or they will bet on the underdog team to win the game or only lose by a certain amount. For example, in a rugby tournament one team may be favored by -10.5 points. This means there is a handicap …For a bettor to know the final payout in a betting line, it’s important to multiply the stake by the odd decimal number. For example, a bettor can know the total payout after a bookmaker sets a betting line for a team to 1.83. If the individual places a $100 wager, the outcome will yield 100 x 1.8, which equals $180.US sportsbooks use the plus and minus symbols in their betting odds. Such symbols indicate a team’s likelihood of winning a sporting encounter. But it doesn’t stop there, as the plus and minus symbols also indicate what kinds of payouts you could get should you win your bet. If you want betting 1x2 explained, here you go: if you bet on …What Does it Mean to Bet on the Moneyline? Betting on the moneyline is quite simply betting on your chosen team to win. If you bet on the New England Patriots moneyline, ... Conversely, if you bet on 3 underdogs at +200 odds you only need one of those bets to hit in order to breakeven.This means the team — or event outcome — is the underdog. The number shown represents how much money you would win for every $100 bet. So if the bet is +200 and you won, the payout would be $300 for a profit of $200. What does the minus (-) symboled mean in American Odds sports betting? This means the team — or event outcome — is …San Francisco 49ers -200. New York Giants +240. The minus sign (-) in front of the number tells you that it’s the favorite, and the number beside it tells you how much you’d need to …In sports betting, +200 indicates the underdog and means that you will win $200 if you bet $100—or 2/1 odds. As another example, if you wager $15 on a bet with +200 odds, you would win $30. On the other hand, -200 indicates the favorite and you would …What does -200 mean in sports betting? In sports betting, a negative money line (represented as -200, -300, -400, etc.) …In football betting, ‘Over 2.5 Goals’ is a type of market in which you bet on there being more than two goals scored during a match. For your bet to win, there needs to be at least three goals scored in the match. Two goals, one goal, or a nil-nil draw will be a loss. It does not matter which team scores three or more goals; your bet on ...It means that you would get £200 back with a bet of £100. If that number is -200 (1.5 in decimal odds), it means that you need to stake £200 to get £100 in return if your bet is correct. ... So, it does not always mean that the odds express the possibility of a particular team winning the game. It could be much more than that.Street dice, or street craps, is played by having a shooter and betters; before the shooter rolls the dice, bets are placed on whether the shooter will roll a number two times in a...This means the team — or event outcome — is the underdog. The number shown represents how much money you would win for every $100 bet. So if the bet is +200 and you won, the payout would be $300 for a profit of $200. What does the minus (-) symboled mean in American Odds sports betting? This means the team — or event outcome — is …Whether you’re trekking through the backwoods or stepping out in the backyard, you need protection against insects and bugs. If you want to step outside in any situation with the k...A single bet is a bet on one outcome, either a team or individual, in a particular event. This type of bet does not involve any combination of results, and the bettor is either betting on the outcome of the match or individual event, or on the performance of one team or player.It's the simplest form of betting to understand as it's based on one ...If the over covers, and you bet $100, the total payout will be $189.29 – $89.29 profit plus the initial $100 bet back. If the two teams score 223 points or less, the bettor will receive $192.59 – $92.59 in winnings plus the initial stake back – based on the -108 odds.The following is a quick walkthrough of betting odds explained for those who have always been interested in learning sports betting. ... The vig on spread/total bets is most commonly -110. This does not mean that each side of the spread or total has a 52.4% chance of hitting, ... -200 : $200 to win $100 +200: $100 to Win $200:What does +/- mean in betting odds? The + is assigned to the underdog and indicates a larger payout if the bet is won. So +350, means if you bet $100, the total payout will be $450 for a profit of $350. On the opposite side, if the odds are -200, you bet $100 and win, your total payout would be $150, for a profit of $50.Negative odds like -200 indicate the favorite – you would need to bet $200 to profit $100 if that team wins. Positive odds like +300 mean a $100 bet would return $300 profit on the underdog. Moneyline odds payouts for common values. Now that we have the basics of odds formats down, let‘s move on to understanding minimum odds requirements.Odds of -200 mean you have to bet $200 to win $100 or $20 to win $10. The amount of your potential winnings is always shown on the betslip in your online sportsbook. Wagering Amounts. With the exceptions of promotions that often limit a max bet, there aren't too many limitations on how much you can wager on a single event.The odds for a parlay bet are determined by multiplying the individual odds for each event together. For example, if a bettor wants to place a parlay bet on three separate events, with odds of 2.0 ...Fact Checked By: Al MacMilan. The plus (+) and minus (-) in sports betting can refer to either the point spread or betting odds. In terms of the spread, the " - " always refers to the favorite and the " + " always refers to the underdog. For example, you can bet the Dallas Cowboys as a -7 point favorite to beat the Green Bay Packers or the ...What Does BBTS Mean In Betting? BBTS stands for Both Teams to Score. It is a popular betting market in football, where you bet on whether both teams will score at least one goal in the match. BTTS bets are usually placed on the 90-minute match, but some bookmakers also offer BTTS bets for extra time and/or penalties.The following is a quick walkthrough of betting odds explained for those who have always been interested in learning sports betting. ... The vig on spread/total bets is most commonly -110. This does not mean that each side of the spread or total has a 52.4% chance of hitting, ... -200 : $200 to win $100 +200: $100 to Win $200:If your odds are -200, you would need to bet $200 to win $100. Of course, bets don’t have to be that size, but that proportion will scale up or down. A $10 bet with …The following is a quick walkthrough of betting odds explained for those who have always been interested in learning sports betting. ... The vig on spread/total bets is most commonly -110. This does not mean that each side of the spread or total has a 52.4% chance of hitting, ... -200 : $200 to win $100 +200: $100 to Win $200:Dec 26, 2019 · Philadelphia Eagles (-200) New York Giants (+150) The team with a minus symbol is the favorite, and the number is how much money you would need to bet to win $100. In this case, you would have to ... A point spread represents first the oddsmaker’s and then the betting market’s best guesses at the numerical separation between two competitors. Sometimes the spread can be as little as half a point. Other times, like Team USA Basketball games at the Olympics, you might find spreads upward of 50 points.For a $100 bet, you will profit $130, bringing your total payout to $230. Conversely, if you bet $100 on a favorite to win at -130 odds, you would win $76.92, for a …What does odds of +200 mean? If you were to bet $10 on +200 odds you would receive $20.00 in profit if this outcome won. Odds accompanied with a positive sign (+) indicate that this is the underdog and this outcome will have a lower chance of winning compared to a favorite, however underdogs will yield a higher profit if they win.. The implied win …Stick to the plan, keep studying and never chase your losses and we can absolutely guarantee that in the long term you will flourish as a sports bettor. 1. Avoid Being Results Oriented. As we said a few times in this guide, the job of a professional sports bettor is not to guess outcomes of sports events, but rather to find good value in the ...This betting line favors the Colts. Indy is listed at 2:1. That means for every $2.00 bet the payout would be $3.00. That includes the $2.00 you wagered plus a profit of $1.00. If you take the Bears, the odds would be 1:4. On a $1.00 bet Chicago, which is the underdog, would pay a total of $5.00. That includes the $1.00 bet and the $4.00 payout.An over–under or over/under (O/U) bet is a wager in which a sportsbook will predict a number for a statistic in a given game and bettors wager that the ...As we know now that a (-) sign means that the team is a favorite, so a team with odds set at -200 would require a $200 bet to win $100. It’s as simple as that. Underdogs Get the (+) …They are easy to understand, insofar as they indicate precisely what you will receive back, if your bet is successful, for a 1 unit stake. Here, for example, New England is priced at 4.00 to win the AFC Championship. So, for a $1 stake, you would be returned $4.00 if successful. For a $5 stake, you would receive 5 x 4.00 = $20.00, and so on.Betting odds are a measure of how likely or unlikely a sportsbook finds an event to be. The more likely an outcome is, the less you can make wagering on that outcome. Conversely, betting on the less likely outcome correctly pays much better. Learning how to read odds is the foundation of developing a successful sports betting …Let’s start by explaining what does PK mean in sports betting.PK is short for “pick” or “pick’em” and it is a term related to point spread betting.We won’t explain this type of betting in detail here – we already have a guide for point spread betting and we recommend taking a look at it for more info. We will keep things simple here and just …This betting line favors the Colts. Indy is listed at 2:1. That means for every $2.00 bet the payout would be $3.00. That includes the $2.00 you wagered plus a profit of $1.00. If you take the Bears, the odds would be 1:4. On a $1.00 bet Chicago, which is the underdog, would pay a total of $5.00. That includes the $1.00 bet and the $4.00 payout.Short sellers have upped their bets against Canada's second-biggest lender, signaling they have lingering doubts about the American banking system. Jump to Investors appear more be...The line and odds will be displayed as follows: Total 1st 1/4 Points: 65.0. Over (-110) Under (+110) In the above case, if you are betting that the total score will be over 65.0 points, then you could win $100 by betting $110. Similarly, if you are betting that the total score will be 65.0 points exactly or under, then you could win $110 by ...Feb 6, 2024 · What Does a +200 Money Line Mean? A +200 money line would mean that if you placed a $100 bet, you would win $200. It also tells you that the team is not expected to win, as it is the underdog in ... As an example, odds of 1.500 mean that one stands to get a payout of $1.5 for every $1 bet, for a win of $0.5 on every dollar. Odds of 2.000 would result in a payout of $2 for every $1 bet, or will double your bet in case of a favorable outcome. Implied oddsA push in sports betting occurs when neither the customer nor the sportsbook wins a bet. This most commonly happens when two teams or players tie and the option to bet on a tie was not provided. It happens regularly in some sports, such as soccer, but less often in most US-facing sports, such as football and basketball.Odds Conversion Guide. To convert decimal odds to fractional, subtract 1.00 and then find the nearest whole integers (so 3.75 - 1.00 becomes 2.75/1, or 11/4). To convert moneyline odds to decimal, if the moneyline is positive, divide by 100 and add 1. If it is negative, divide 100 by the moneyline amount (without the minus sign) and add 1.When betting using American odds, the underdog will have a positive number beside it, such as +200. This means that if you bet $100, you can win $200 if the underdog team wins. On the other hand, the favorite team will have a negative number like -200, which means you would need to bet $200 to win $100 if they win.Specifically, what does +200 mean in betting? In short, +200 (or any positive number) indicates that you could win that amount for every $100 you wager. So if you bet $100 on a +200 odds bet, you stand to win $200 if you’re correct.In football betting, ‘Over 2.5 Goals’ is a type of market in which you bet on there being more than two goals scored during a match. For your bet to win, there needs to be at least three goals scored in the match. Two goals, one goal, or a nil-nil draw will be a loss. It does not matter which team scores three or more goals; your bet on ...Specifically, what does +200 mean in betting? In short, +200 (or any positive number) indicates that you could win that amount for every $100 you wager. So if you bet $100 on a +200 odds bet, you stand to win $200 if you’re correct.William Partlett, Associate professor of public law at The University of Melbourne has been speaking to SBS's Ewa Staszewska about what he believes the …The odds on the under are -115, which would result in a payout of $186.95 on a $100 bet. In our example, the sportsbook has taken bets totaling $200, but the most it will have to pay out is $195.23, leaving the remaining $4.77 as their cut. If the under comes in, the sportsbook's cut would be even more: $13.05.What Does BBTS Mean In Betting? BBTS stands for Both Teams to Score. It is a popular betting market in football, where you bet on whether both teams will score at least one goal in the match. BTTS bets are usually placed on the 90-minute match, but some bookmakers also offer BTTS bets for extra time and/or penalties.Moneyline betting is where you pick the winner of an event or game. Negative odds indicate favorites, and underdogs have positive odds. The range between the odds can indicate the closeness of the matchup in the eyes of the sportsbook.. The odds can shift based on the expected performance and in response to where the bets …Moneyline odds that are listed at +200 mean that a team is a clear underdog in the bet. The favorite will usually be listed at -110 or lower, and the underdog will have …
Odds of -200 mean you have to bet $200 to win $100 or $20 to win $10. The amount of your potential winnings is always shown on the betslip in your online sportsbook. Wagering Amounts. With the exceptions of promotions that often limit a max bet, there aren't too many limitations on how much you can wager on a single event.. Personal lady trainer
Point spreads involve a winning margin. If you bet on a favorite, they need to win by more than the assigned spread. For example, if a spread is (-7.5) points, your team needs to win by eight or more. If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win.Point spreads involve a winning margin. If you bet on a favorite, they need to win by more than the assigned spread. For example, if a spread is (-7.5) points, your team needs to win by eight or more. If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win.Oct 26, 2021 · A ton of numbers tied to games, player production and what not may not make sense at first and can be intimidating. You’ve come to the right place. SportsBookWire’s sports betting 101 series is designed to give you the how-to information you need to know to make more educated bets. Before you can walk the walk, you’ll need to talk the talk. Gross Win: Win before expenses. Handicapper: One who studies sports and predicts outcomes of teams and players. Handle: Total amount of bets taken. Hedge: Bet the opposite of your original wager in order to reduce the amount of action you have on a game. Hold: The percentage the house wins.Let’s start by explaining what does PK mean in sports betting.PK is short for “pick” or “pick’em” and it is a term related to point spread betting.We won’t explain this type of betting in detail here – we already have a guide for point spread betting and we recommend taking a look at it for more info. We will keep things simple here and just …Feb 7, 2024 · A moneyline bet is the most straightforward type of wager in sports betting. Put simply, it’s a bet on which team or player will win a game or contest, regardless of the final margin. Unlike ... Feb 7, 2024 · A moneyline bet is the most straightforward type of wager in sports betting. Put simply, it’s a bet on which team or player will win a game or contest, regardless of the final margin. Unlike ... Jan 16, 2024 · Other betting types don’t use the -110 at all, but it’s imperative for any bettor to know what it means. A +100 odds line, on the other hand, means that you have the opportunity to win the same amount that you are wagering. Making a $100 wager at +100 odds means that you could win $100 on that bet. Jan 14, 2024 · When you hear odds like -150 or -200, you’re dealing with the favorite in the fight. These negative numbers indicate how much you need to bet to win $100. For instance, -200 odds mean you must bet $200 to potentially win $100. If your fighter triumphs, you’ll get a total payout of $300 – your initial $200 stake plus a $100 profit. 3 days ago · Betting odds are a measure of how likely or unlikely a sportsbook finds an event to be. The more likely an outcome is, the less you can make wagering on that outcome. Conversely, betting on the less likely outcome correctly pays much better. Learning how to read odds is the foundation of developing a successful sports betting strategy. What does +/- mean in betting odds? The + is assigned to the underdog and indicates a larger payout if the bet is won. So +350, means if you bet $100, the total payout will be $450 for a profit of $350. On the opposite side, if the odds are -200, you bet $100 and win, your total payout would be $150, for a profit of $50.Rummoli is a card game for two to six players that requires a rummoli board, a standard deck of cards without the jokers and markers for placing bets. The objective is to win the m...This does not necessarily mean the higher you bet, the quicker you wager because what you should remember is that placing higher bets can also mean you run out of funds quicker too. In fact, if you are a complete novice, we would strongly suggest against jumping straight in with high stakes.Fact Checked By: Al MacMilan. The plus (+) and minus (-) in sports betting can refer to either the point spread or betting odds. In terms of the spread, the " - " always refers to the favorite and the " + " always refers to the underdog. For example, you can bet the Dallas Cowboys as a -7 point favorite to beat the Green Bay Packers or the ...Table Of Content: 1. Lay Bet Explained. A lay bet is like being the bookmaker yourself. Instead of betting on a team or outcome to win, with a lay bet, you're betting on something NOT to happen. For example, let's say you "lay" a football team. You're saying, "I don't think this team will win." If they lose or draw, your lay bet wins.If you’re in the market for a used Jeep Cherokee, you have likely come across various dealerships and private sellers offering these vehicles. With so many options available, it ca...A push in sports betting occurs when neither the customer nor the sportsbook wins a bet. This most commonly happens when two teams or players tie and the option to bet on a tie was not provided. It happens regularly in some sports, such as soccer, but less often in most US-facing sports, such as football and basketball. What does odds of +2000 mean? If you were to bet $10 on +2000 odds you would receive $ 200.00 in profit if this outcome won. Odds accompanied with a positive sign (+) indicate that this is the underdog and this outcome will have a lower chance of winning compared to a favorite, however underdogs will yield a higher profit if they win. Jan 24, 2024 · You’ve got to pay to play, unfortunately. If you want to bet on Golovkin to win the fight (8/13 odds), calculate your winnings by multiplying your wager by the quotient of 8 ÷ 13 (0.615). If you bet $10, your winnings would be $6.15 (10 x 0.615). In this case, you’ll receive $16.15 back ($10 bet + $6.15 in winnings). .