Spread Bettingīetting the spread places a wager on a team’s margin of victory or defeat. There are various ways to bet on FanDuel, and we’ll explain them all. Different Types of Bets on FanDuelīetting can be as simple as choosing a team to win a game, but it doesn’t have to be. If the Celtics win the game, placing a $190 wager would earn you $100. Using the same example, we’ll see that the Boston Celtics are -190 favorites to beat the Pistons. Minus odds (-) show how much money a bettor would need to wager to win $100. Placing a $100 bet on the Pistons to win would earn a $460 payout. Plus odds (+) show how much money a bettor can win if they place a $100 wager.įor example, let’s say that the Detroit Pistons are underdogs against the Boston Celtics by +460.
The plus sign (+) and minus sign (-) are shown in front of the number deterimine the potential payout of your stake.
Learning how to read the odds can be scary - but Boardroom has you covered.īetting odds reveal how much money a bettor can earn per $100 wager. This information is vital for first-time bettors looking to make their way into the mobile betting world.
The following information will teach new bettors how to read a betting line. Subscribe Sports Betting 101 with FanDuel Sportsbook