The price of Bitcoin and other major cryptocurrencies have been hovering around $10,000 for a considerable amount of time now. While this is a truly mind-blowing development, it doesn’t tell the whole story. In this article, we’ll explore everything you need to know about “plus” symbols and their significance in cryptocurrency bets.
What Is The +175 Significance In Crypto Bets?
You’ll often come across betting sites that include the +175 notation along with the odds of a particular event. This means that the site is taking bets in Bitcoin, but it’s not necessarily limited to that. If you’re unsure of what this means, you’re in the right place. Let’s take a quick stroll through the probability of the most popular stories and events as found on various betting sites.
The NBA Finals
The NBA Finals between the Golden State Warriors and the Cleveland Cavaliers is one of the most widely discussed stories in esports and sports on the whole. With such high stakes and widespread interest, it’s no wonder that the NBA Finals are referred to as the “Super Bowl of Professional Sports.”
According to 888Sport, a leading online bookmaker, the Warriors will win the NBA Finals 49.9% of the time. While this number seems low, it’s actually very high in comparison to other esports and sports events. For example, the Pittsburgh Penguins are 7-2 against the Detroit Red Wings in the 2019 Stanley Cup Finals, which places them as slight favorites. However, when it comes to the NBA, the over/under is set at 225 points, which makes the Warriors +175 in this case.
The World Cup
The 2019 FIFA World Cup was the international soccer tournament that took place in France. It was the 19th time the event was held and it was won by current German champion Germany, who beat defending champion France in the final. It is one of the biggest and most popular sporting events in the world, so you’d expect that there would be a lot of interest in the World Cup winner. While most bookmakers give Germany as slight favorites, with the world’s most popular soccer league, the Bayern Munich club, they’re listed as +175 in this case as well.
The NCAA Basketball Tournament
One of the most anticipated tournaments of the year is the NCAA Basketball Tournament. The Final Four alone is worth the price of admission, whether you’re a fan of the game or not. Since its inception in 1948, the NCAA Men’s Basketball Tournament has set the standard for big games in sports. For more than 70 years, the four-day tournament has featured some of the greatest games ever played. This year’s tournament was no different, as the eventual champion Clemson Tigers defeated the Virginia Cavaliers in the championship game. The NCAA tournament is generally considered one of the most prestigious events in all of sports, so it’s not really a surprise that +175 is the betting odds for this year’s tournament as well.
The Daytona 500
The Daytona 500 is one of the biggest and most popular sporting events in the country. It’s also one of the most unpredictable as well. The race itself doesn’t start until late February and early March, so it doesn’t really get going until the weather is nice and the snow is melted. Last year, the race was postponed by a day due to heavy snowfall. Needless to say, the Daytona 500 is one of the most interesting and exciting sporting events to observe. It certainly lives up to its reputation as one of the most unpredictable sporting events in the country, as 2019 was no exception.
You’ll often see odds for the Daytona 500 that go well above +175, which means someone is predicting an extremely long shot at winning this year’s edition of the famous race. Even so, since it is such a popular event, it is bound to happen that there will be someone who puts their money where their mouth is and actually wins this year’s race. In fact, there were a number of longshots that paid off and won big.
Super Bowl LIV
The big game that everyone is talking about has to be the Super Bowl. It’s been around for more than 70 years now and it still draws in millions of TV viewers every year. The Super Bowl continues to be one of the most popular and exciting sporting events to observe. The NFL’s official title for this year’s game is Super Bowl LIV, which stands for the “National Football League,’s 49th Super Bowl.”
The betting lines for the big game are insane right now. Bookmakers are laying big bettors who think that this year’s Super Bowl will be the most exciting yet. While there are no current indications that this will be the case, it’s clear that everyone is expecting a lot from this year’s matchup between the New England Patriots and the Los Angeles Rams. The Patriots are 13-3 and are fresh off a victory in the AFC Championship, which makes them favorites to win the Super Bowl. They haven’t lost a game since July 2019 and are in the midst of one of the greatest runs in NFL history. The Rams are 9-7 and have made the playoffs for the past three years in a row. This year is shaping up to be their most successful season yet.
The French Open
The 2019 French Open was one of the biggest and most exciting tennis tournaments of the year. It ran from late May to late June and featured some of the greatest names in tennis history. Naomi Osaka, who defeated Serena Williams in the final, is considered to be the new queen of tennis and the tournament was a great way to usher in her reign. It was also the first Grand Slam tournament for a number of younger players, including Osaka’s twin sister, Harumi. Harumi won the women’s competition while her sister took home the men’s trophy.
You’d expect that the French Open, one of the four Grand Slam events, would be a popular tournament with plenty of interest. It wouldn’t be a total surprise if this year’s edition was the most popular one yet. It’s the last tournament before the summer break and with the temperatures rising, more and more people are looking for ways to fill their free time. The French Open is always one of the most interesting and exciting tournaments to observe because of the unpredictability of the game. Since the start of the year, the betting lines have been in continuous movement and the tournament could certainly go either way.
The Australian Open
The last but not least of the four Grand Slam events is the Australian Open. It was the 24th edition of the Australian Open and it drew spectators from all over the world. It’s hard to believe that it has been almost a year since the last Australian Open and this year’s edition was the first to be held in Melbourne. While there was a cool breeze in the air, the sun was beaming down, which made it the perfect tennis weather. The heat was definitely on the players though, which was evident from the heavy wear and tear on their shoes. This was the first time that men’s and women’s competitions were held together and it drew spectators from all over the world, especially the LGBTQ community, which has a significant population in Australia. This is mainly due to the country’s open-minded approach to sexuality and how accepting the community has been toward the gay agenda. With more and more people looking to socially engage, it wouldn’t be a total surprise if the Australian Open draws a massive audience online as well.
Whether you’re a fan of tennis or not, it’s difficult not to know or see something about it. The stars have aligned this year and there are plenty of reasons why one should wager on tennis. Just remember to keep an open mind and don’t get too ahead of yourself.