Brown vs Silva Betting

MMAProfessional

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Before the fight I thought Brown and Phillapou were going to win. Looking at the odds they were the underdogs so I was wondering how this betting thing works and where to bet. I know Brown was something like -200 does that mean I bet $100 to win $200?
 
Before the fight I thought Brown and Phillapou were going to win. Looking at the odds they were the underdogs so I was wondering how this betting thing works and where to bet. I know Brown was something like -200 does that mean I bet $100 to win $200?

exactly
 
-200 means you bet 200 to win 100
+200 means you bet 100 to win 200
 
I bet a 3 parlay on Nik Lentz, Rafael Natal, And Matt Brown. Would have turned $150 into $700 if Rafael Natal won it's the next day and I'm still upset but hey that was a dumb risk on my part anyway.
 
I bet on a Brown finish via sub over Silva. It was something like 8 to 1 odds. Soooo close lol...
 
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