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Also question is, what do odds of +200 mean?
+200 is a specific set of odds attached to a given sports event. These are in the form of 'American' odds'. The +200 represents the amount a bettor would win if they had wagered $100. A profit of $200 and a total payout of $300. Other types of odds are Decimal and Fractional.
Secondly, what does +400 mean in a bet? The +400 for the Rams means that a bet on the Rams would pay 4 to 1. The -600 on the Vikings means that if you bet them, then you have to lay 6 to 1. Examples: A $100 on the Rams would win $400. A $600 bet on the Vikings would win $100.
Beside above, what does +225 mean in odds?
Romney +225 would mean for every $100 you bet, you would win $225 on top of your returned $100 wager if Romney wins the election. Obama -225, would mean that you have to bet $225 in order to win $100 on top of your original wager if Obama wins.
How do you read Vegas odds?
When you bet for the underdog, it is called betting “against the odds.” For example, if odds are +300 for the Bears this Sunday, then it is three times more likely that they will lose than win. Odds of +300 indicate that if you bet $100, you will win $400, the original amount of your bet plus the profit.