Betting odds have Indiana -550 to make the college football playoff

[hoosierfan13]

Per DraftKings

 

[Tammany Hall]

Good news

 

[TominDallas]

Per DraftKings

Sorry for my ignorance, but what does that mean?

 

[hoosierfan13]

Sorry for my ignorance, but what does that mean?

DraftKings is a sports book

 

[Radio Zero]

I think he may be asking what does “-550” mean.

P.S. I am, even if he isn’t.

 

[TominDallas]

DraftKings is a sports book

I know what DraftKings is...I don't not know what -550 means. Sorry for not being specific.

 

[SRIV94]

IIRC, -550 means if you want to bet on IND making the playoff, you plunk down $550 to win $100. If you want to bet IND doesn’t make it, you plunk down $100 to win $550.

 

[Radio Zero]

Thank you, sir.

 

[Tammany Hall]

Means 85% chance. Very good news.

 

[Victorbmyboy]

This tells me 4 B1G and 4 SEC teams will get in. Not 5 SEC.

 

[hoosierfan13]

This tells me 4 B1G and 4 SEC teams will get in. Not 5 SEC.

Texas -2500
Georgia -500
Ole Miss -400
Alabama -400
Tennessee -350
----------------------------
Texas A&M +300
LSU +700

A&M can play their way in with a win over Texas.