In American sports betting, odds are typically expressed with a plus (+) or minus (–) symbol followed by a number. For example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 profit + $100 initial stake).

Since a 2018 Supreme Court decision removed a federal ban on sports betting, a number of states, including New York, Michigan and Pennsylvania, have legalized this pastime that millions were taking part in even before it was legal.

To bet on baseball, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager. If your team wins the game, you win. The payout varies according to the odds posted. Baseball odds are shown using a “Money Line.”

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