It's all basically based on $100, so for:
Chuck Liddell -246
Tito Ortiz +226
You would have to bet $246 on chuck in order to win 100 (plus your 246 back) if he won
Since Tito is the underdog (by the +) you only have to bet $100 to win 226 (plus your 100 back) if Tito Wins.
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