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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.
What does +900 mean in betting: If you wager on a team at +900 you would win $900 for every $100 you bet. This is considered a sizable underdog in the sports betting world at 9/1.
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  • A 3/4 system consists of 4 bets which transpire from 4 picks -- four 3-pick multis (parlays). At least three of the four picks must be correct to gain some winnings - the exact amount of the winnings depends on how many of the predictions prove correct.
    The term 3-bet most commonly refers to the first re-raise before the flop, although the term also refers to the first re-raise after the flop. (This article focuses exclusively on preflop 3-betting.) Subsequent raises are referred to as a 4-bet, 5-bet, etc.
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