If You're Betting an Underdog: The odds for underdogs will have a plus (+) sign in front, and indicate the money you'll win for every $100 risked.
So if you're betting on the Yankees at -130, you need to risk $130 and will win $100 if New York wins the game (plus your original $130 back). If You're Betting a Favorite: The odds for favorites will have a minus (-) sign in front, and indicate the money you need to risk to win $100.It scales up and down depending on your bet amount. MoneylinesĪmerican odds are centered around winning or wagering $100 on a given bet, though you don't need to actually wager $100. Betting Odds, Explained Table of ContentsĢ.
