In sports betting, what does this mean?
I saw on ESPN where the Lakers are at -400 to win the NBA title, whereas the Heat are at +320. Which team is the favorite in this scenario?
Thanks for answering.
- CaninesLv 54 weeks agoFavorite Answer
Those numbers (Lakers -400, Heat +320) are NBA futures betting odds, according to one or more sportsbooks (sites/locations), and based on how the season ended, not started. The odds were different before the season started. Sportsbooks use those number odds for those wishing to bet a certain amount of money on the NBA Finals outcome, and vary depending on sportsbook. If the number is a negative number (-400) they are favored; if the number is a positive number (+320) they are the underdog.
If I provide any more detail, my answer gets blocked.
- 4 weeks ago
The Lakers. This is the money line. If you bet $100 on the Heat, you'd make $320 profit. In the case of the Lakers (the favourite), you'd have to wager $400 to win $100. No point spreads. Just who wins the series.