When you're trying to bet on sports, you'll see American odds everywhere.īut there are two different ways they're used: ![]() You can explore this concept further by using the BetMGM Bonus code to try it out. It might be easier to think in terms of dollars instead of $100's, so for every $1.30 risked on the Yankees in this game, you'd win $1, and for every $1 risked on the Red Sox, you'd win $1.20. So if you're betting the Red Sox at +120, you'll risk $100 and will win $120 if Boston wins the game (plus your original $100 back).
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