200 To 1 Odds

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Welcome to the Sports Betting Odds section of The Sports Geek. If you are new to sports betting and don’t understand how to read betting odds (+150, -110, +2200, etc) we will lay it all out for you and help you learn how the betting odds work.

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What does 200 to 1 odds mean200 To 1 Odds

A 1 in 500 chance of winning, or probability of winning, is entered into this calculator as '1 to 500 Odds are for winning'. You may also see odds reported simply as chance of winning as 500:1. This most likely means '500 to 1 Odds are against winning' which is exactly the same as '1 to 500 Odds are for winning.' This Bet Calculator allows bettors to calculate the potential Payout for any single bet and has a simple ‘Add Odds’ function to calculate the Payout for a multiple bet. It might be one of the most basic calculations in betting but using the Bet Calculator above will help bettors enhance their understanding of what betting odds represent. Odds of 4/1 would imply that the bettor stands to make a £400 profit on a £100 stake. If the odds are 1/4, the bettor will make £25 on a £100 stake. In either case, having won, the bettor always receives the original stake back; so if the odds are 4/1 the bettor receives a total of £500 (£400 plus the original £100).

Sports Betting Odds Explained

Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.

American Style Sports Betting Odds

Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:

American Odds

  • Matchup Odds
  • New England Patriots +120
  • Pittsburgh Steelers -140

The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.

The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.

The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.

A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. 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 above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits.

Examples:

Below is an example of NFL betting odds taken from an online betting site.


In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet pays $100).

100 to 1 odds payout

The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.

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Decimal Style Sports Betting Odds

Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:

If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.

If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits.

Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.

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Kyle Busch is a two-time NASCAR Cup Series champion, but he's also one of the most dominant NASCAR Camping World Truck Series drivers of all-time. He'll be back in truck action on Friday night at the 2021 Bucked Up 200. The green flag drops at 9 p.m. ET at Las Vegas Motor Speedway, where Busch has won three times in four career NASCAR Truck Series starts. So it makes sense that Busch is the -135 favorite in the latest 2021 Bucked Up 200 odds from William Hill Sportsbook.

However, several hungry, young drivers will be looking to prove themselves against one of the sport's greatest drivers ever, and the NASCAR Truck Series at Las Vegas odds board is peppered with a mix of talented newcomers and seasoned veterans. Ben Rhodes has won each of the first two truck races this season and he's listed at 18-1, while Austin Hill is at 13-2 and Sheldon Creed is at 7-1. Before making any 2021 NASCAR Truck Series at Las Vegas predictions, be sure to see the latest 2021 Bucked Up 200 picks from SportsLine's proven projection model.

Developed by daily Fantasy pro and SportsLine predictive data engineer Mike McClure, this proprietary NASCAR prediction computer model simulates every race 10,000 times, taking into account factors such as track history and recent results.

The model began the 2020 season paying out big by picking Denny Hamlin to win his second consecutive Daytona 500 at 10-1. The model also called Kevin Harvick's win at Atlanta and nailed a whopping nine top-10 finishers in that race. McClure then used the model to lock in a 10-1 bet on Hamlin for his win at Miami.

At The Brickyard, the model called Harvick's fourth victory of the season. Then during the 2020 NASCAR Playoffs, the model nailed its picks in back-to-back races, calling Denny Hamlin to win at 17-2 at Talladega and Chase Elliott to win at 7-2 at the Charlotte Roval. Anybody who has followed it has seen huge returns.

Now, his model simulated the 2021 NASCAR Camping World Truck Series at Las Vegas race 10,000 times. Head to SportsLine to see the complete projected leaderboard for the 2021 Bucked Up 200.

Top 2021 Bucked Up 200 predictions

The model is high on Brett Moffitt, even though he's a 20-1 long shot in the latest NASCAR Truck Series at Las Vegas odds. He's a target for anyone looking for a huge payday. The 2018 NASCAR Camping World Truck Series champion has won 12 times now in trucks and he's finished top three in the standings in each of the last three seasons.

Moffitt hasn't won yet at Las Vegas Motor Speedway, but he has never finished worse than 16th there in six career starts, and he finished third at the 2018 Stratosphere 200 and second at the 2019 Strat 200. So far, five of his 12 career truck victories have come on 1.5-mile ovals and he could be a serious factor on Friday.

And a massive shocker: Austin Hill, one of the Vegas favorites at 13-2, stumbles big time and barely cracks the top five. There are far better values in this loaded field. The 26-year-old has been running full-time in the NASCAR Truck Series for the last three seasons now and has collected all six of his wins in the last two years.

However, he hasn't finished better than fifth in the standings and he's off to a tough start in 2021 after finishing 22nd in the 2021 NextEra 250 and then 33rd on the Daytona Road Course two weeks ago. Hill has won two of the last three truck races at Las Vegas Motor Speedway, but he's also finished outside the top 20 twice in six starts there. His pricing makes him a driver to avoid on Friday night with Busch in the field.

How to make 2021 NASCAR Truck Series at Las Vegas picks

The model is also targeting three other drivers with NASCAR Truck Series at Las Vegas odds of 20-1 or longer to make a serious run at winning it all. Anyone who backs these drivers could hit it big. You can see all the NASCAR Camping World Truck Series picks over at SportsLine.

So who wins the Bucked Up 200 2021? And which long shots stun the NASCAR Camping World Truck Series? Check out the latest 2021 NASCAR Truck Series at Las Vegas odds below and then visit SportsLine now to see the full projected 2021 Bucked Up 200 leaderboard, all from the model that nailed Hamlin's win last season.

2021 Bucked Up 200 odds (via William Hill)

Kyle Busch -135

Austin Hill 13-2

Sheldon Creed 7-1

Zane Smith 10-1

John Hunter Nemechek 14-1

What Is 200 To 1 Odds

Ben Rhodes 18-1

Brett Moffitt 20-1

200 To 1 Odds Calculator

Johnny Sauter 22-1

Matt Crafton 25-1

Stewart Friesen 28-1

200 To 1 Odds Meaning

Grant Enfinger 30-1

Raphael Lessard 40-1

Todd Gilliland 40-1

Chandler Smith 40-1

Christian Eckes 40-1

Derek Kraus 50-1

Tyler Ankrum 50-1

Timothy Peters 75-1

7 2 Odds Payout

200 To 1 Odds

Tanner Gray 75-1

David Gilliland 75-1

Field 100-1

Chase Purdy 100-1

Ryan Truex 150-1

Parker Kligerman 200-1