betting on stanley cup
| Subtitle | Odds Format Explanation | Pittsburgh Penguins Example Odds | Payoff for Penguins Win |
|---|---|---|---|
| Understanding Stanley Cup Betting Odds on FanDuel Sportsbook | Odds are formatted to indicate the payoff for a $100 wager on a team’s win. For example, (-200) means a $200 wager would return $100 if the team wins. (-500) means a $500 wager would return $100 if the team wins. | +200 | $300 ($100 original bet + $200 in winnings) |
| Odds Type | Payoff Calculation | Example Odds | Payoff Amount |
|---|---|---|---|
| Favorite’s Market | For every $100 wagered, the house pays out $100 if the favorite wins | (-200) | $100 on every $200 wagered |
| Underdog’s Market | For every $100 wagered, the house pays out $100 if the underdog wins | (-500) | $100 on every $500 wagered |
Stanley Cup betting odds on a moneyline bet at FanDuel Sportsbook are formatted to indicate how much will be returned on a $100 wager. If you choose the Pittsburgh Penguins to win with odds of +200, a winning wager would return you $300 (your original $100 bet plus the $200 in winnings).
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Stanley Cup Betting Strategies
| Betting Odds | Payoff on $100 Bet | Example Team |
|---|---|---|
| -200 | $100 on every $200 wagered | Team A |
| -500 | $100 on every $500 wagered | Team B |
| +200 | $300 on every $100 wagered | Team C |
Understanding Stanley Cup Betting Odds
| Betting Odds | Payoff Calculation | Example Team | Payoff Amount |
|---|---|---|---|
| -200 | $100 for every $200 wagered | Pittsburgh Penguins | $100 |
| -500 | $100 for every $500 wagered | Pittsburgh Penguins | $100 |
| +200 | $100 for every $100 wagered | Pittsburgh Penguins | $300 |
| F-113 -112 -111 | Live Game 7 Stanley Cup odds | N/A | N/A |