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Futures Betting Odds\n\n 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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So, a team with odds of +120 would payout $120 for every $100 wager. A team with +250 odds would pay $250 for every $100 wager (or $500 for every $200 wager, or $750 for every $300 wager).

What Do The Sports Betting Odds Mean - Forbes

forbes : betting : guide : what-do-sports-betting-odds-mean

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