1. Sports Betting American Odds Calculator
2. American Betting Sport
3. American Sports Betting Odds
4. American Sports Betting Odds

Odds to win the 2021 MLB American League Pennant according to Bovada Sportsbook

Some online betting sites geared toward American bettors also offer odds and lines on politics and entertainment. Type of Bets Offered at USA Sportsbooks. The best sports betting sites will offer a wide array of betting. Understand the odds in sports betting with our guide Sports betting is one of the most popular areas of gambling, with many favorites such as NFL, horse racing and football attracting millions of. Find all the latest sports betting stats at SportsBetting.ag's stats center. This is the place of all NBA, NCAAB, NHL, NFL, NCAAF, MLB betting statistics.

Updated on February 25, 2021

2021 American League Pennant
New York Yankees +250
Chicago White Sox +370
Minnesota Twins +800
Tampa Bay Rays +900
Toronto Blue Jays +800
Oakland Athletics +1000
Houston Astros +1000
Cleveland Indians +2000
Los Angeles Angels +2000
Boston Red Sox +2800
Detroit Tigers +6600
Seattle Mariners +6600
Kansas City Royals +6600
Baltimore Orioles +8000
Texas Rangers +8000

Bet on the 2021 MLB American League Pennant Odds at Bovada Sportsbook.

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Odds to win the 2021 MLB American League Pennant according to Bovada Sportsbook

Updated on February 8, 2021

2021 American League Pennant
New York Yankees +250
Chicago White Sox +375
Minnesota Twins +800
Tampa Bay Rays +900
Toronto Blue Jays +800
Oakland Athletics +1000
Houston Astros +1000
Cleveland Indians +2000
Los Angeles Angels +2000
Boston Red Sox +2800
Detroit Tigers +6600
Seattle Mariners +6600
Kansas City Royals +6600
Baltimore Orioles +8000
Texas Rangers +8000

Odds to win the 2021 MLB American League Pennant according to Bovada Sportsbook

Updated on December 17, 2020

2021 American League Pennant
New York Yankees +275
Chicago White Sox +425
Tampa Bay Rays +800
Minnesota Twins +800
Houston Astros +900
Oakland Athletics +900
Cleveland Indians +1200
Toronto Blue Jays +1400
Los Angeles Angels +1800
Boston Red Sox +2000
Detroit Tigers +6000
Seattle Mariners +6000
Texas Rangers +6000
Baltimore Orioles +6600
Kansas City Royals +6600

Odds to win the 2021 MLB American League Pennant according to BetUS Sportsbook

Sports Betting American Odds Calculator

Updated on December 15, 2020

TO WIN ~ AMERICAN LEAGUE PENNANT 2021
New York Yankees +250
Tampa Bay Rays +500
Chicago White Sox +585
Minnesota Twins +585
Houston Astros +785
Oakland Athletics +800
Cleveland Indians +875
Toronto Blue Jays +1500
Los Angeles Angels +2000
Boston Red Sox +2500
Detroit Tigers +4000
Baltimore Orioles +4000
Kansas City Royals +4000
Seattle Mariners +4000
Texas Rangers +6000

Odds to win the 2021 MLB American League Pennant according to BetUS Sportsbook

Updated on November 9, 2020

TO WIN ~ AMERICAN LEAGUE PENNANT 2021
New York Yankees +250
Chicago White Sox +575
Tampa Bay Rays +485
Minnesota Twins +675
Oakland Athletics +800
Cleveland Indians +800
Houston Astros +800
Toronto Blue Jays +1700
Los Angeles Angels +2000
Boston Red Sox +2500
Detroit Tigers +4000
Baltimore Orioles +4000
Kansas City Royals +4000
Seattle Mariners +4000
Texas Rangers +6000

Bet on the 2021 MLB American League Pennant Odds at BetUS Sportsbook.

Reading sports betting odds can seem complicated at first glance.

-110

11/10

1.91

What do they all mean?

All of the above numbers represent different ways to display betting odds, however they all represent the same thing.

All betting odds represent the implied probability to win a bet. The way that number is displayed is where things can differ.

Types of Betting Odds

There are three main ways to display betting odds:

• American
• Decimal
• Fractional

Each of the odds formats represent a chance of winning, just displayed in a different way.

Most sports betting sites will give you the option in how you display your sports odds, so it is important to understand how to read them.

All sports betting types will have odds attached to them: point spread, money line, total, futures, props, and more.

How to read American odds

In the United States, it is standard to use the American odds format (shocking!). Each bet will always have a plus (+) or minus (-) in front of a number greater than 100.

Take for example how the following moneyline bet odds would be displayed for the following sporting event:

Chicago Bears -196

Washington Redskins +170

Since this is a moneyline bet, these odds represent the implied probability each team has to win the game.

American odds can be broken down into two categories: favorites and underdogs.

How do Plus and Minus odds work?

Favorites Odds

When a bet is a favorite, it means the implied probability (win percentage) is greater than 50%. Favorites will always have a minus (-) sign and will always be “negative odds”. Ex: -150.

Favorite odds can be read as “to win $100”.

Meaning if the odds of a bet were -150, you would need to bet $150 to win $100. Note that you do not need bet in $100 increments.

This same ratio would apply to different bet sizes: Bet $15 to win $10, bet $1.50 to win $1, etc.

If you were to read betting odds of -150 out loud, you would say “minus one fifty”.

Underdog Odds

The other side of American odds are underdogs. Underdogs have an implied probability of less than 50%.

Underdog odds are always represented with a plus sign (+) in front of the number and will always be “positive odds”. Ex: +150.

Underdog odds are interpreted different than favorites. Underdog bets are betting $100 “to win” whatever the odds are.

In the +150 example, you would bet $100 to win $150. Again, you can bet any amount you would like. It doesn’t have to be $100. Ex: bet $10 to win $15, bet $1 to win $1.50, etc.

How to read decimal odds

Decimal odds are the easiest odds type to interpret. They are used by most people outside of America, most notably Europe. The Decimal format are also the easiest odds type to convert to an implied win percentage.

Decimal odds tell you what your return will be given your bet amount (or “stake”).

For example, if you bet $10 on the New York Knicks to win at odds of 2.25, your return (or “total payout”) would be $22.50 if they won.

Return does not take into account your original bet amount. Therefore your profit, or “to win” amount, would be $12.50 ($22.50 return – $10 wager).

Note that the return aspect is the key difference between Decimal and American odds. The Decimal format will tell you your return, while the American format will tell you your “to win” amount.

How to read fractional odds

American Betting Sport

Fractional odds are simply decimal odds represented as a fraction. For example, 3/1 odds are the decimal equivalent of 4.

American Sports Betting Odds

The biggest difference between fractional and decimal is that fractional tells you the potential profit while decimal tells you the return.

Going back to the previous example, a $10 bet at 3/1 odds would represent $30 in profit.

A $10 bet at the equivalent odds of 4 in decimal format would return $40. Subtracting your $10 bet from the return would give you your profit of $30.

Fractional odds can be read as the first number being the potential profit while the second number is the amount you will need to risk for that profit.

For example, fractional odds of 23/20 would represent a bettor needing to risk $20 in order to profit $23.

Fractional odds are most common in horse racing and futures markets.

American Sports Betting Odds

Related: Find more sports betting guides here