Vincent: Created page with "'''Plus money''' is a sports betting term used to describe a bet that yields a potential profit greater than the initial risk. Plus money returns are seen for bets that are pe..."

2020-01-01T20:47:56Z

Created page with "'''Plus money''' is a sports betting term used to describe a bet that yields a potential profit greater than the initial risk. Plus money returns are seen for bets that are pe..."

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'''Plus money''' is a sports betting term used to describe a bet that yields a potential profit greater than the initial risk. Plus money returns are seen for bets that are perceived as having a lower probability of occurring such as [[underdog]] [[moneyline]]s and [[future]]s.

== Plus money in different odds formats ==

=== American odds ===

[[American odds]] format displays betting odds through positive and negative numbers. These are used to indicate potential profit relative to a 100-unit base figure. Positive odds indicate the amount of profit that would be made off a $100 risk. A bet with a 1:1 return carries +100 odds. Markets with these odds are said to be [[even money]] as a $100 risk yields a $100 profit for a total return of $200. Positive American odds of +101 or greater will be considered plus money as the potential profit will always exceed the $100 initial risk.

=== Decimal odds ===

[[Decimal odds]] displays betting odds as decimal numbers. Multiplying initial risk by the decimal value calculates the total return (which includes both the initial risk and profit). An [[even money]] bet with a 1:1 return would have 2.00 decimal odds. Multiplying a $100 initial risk by 2.00 odds yields a $200 total return. Subtracting the initial risk of $100 reveals $100 profit. Decimal odds of 2.01 or greater will be considered plus money as profit exceeds initial risk.

=== Fractional odds ===

[[Fractional odds]] use fractions to display betting odds. Multiplying initial risk by the fractional odds calculate potential profit. An [[even money]] bet with a 1:1 return would have 1/1 fractional odds. Multiplying a $100 initial risk by 1/1 fractional odds yields $100 in profit. Fractional odds that carry a reduced fraction greater than 1/1 are considered plus money.

Plus money - Revision history

Vincent: Created page with "'''Plus money''' is a sports betting term used to describe a bet that yields a potential profit greater than the initial risk. Plus money returns are seen for bets that are pe..."