Question:

How do you read baseball odds?

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How do you read baseball odds?

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  1. Yes, they are confusing.

    Say the Indians are playing at the Angels.

    The odds read:

    Angels -140: Indians +125

    That means the Angels are the favorite.  The bet is a straight up bet, meaning whoever wins the game wins the bet.

    With odds like that, it means you would have to lay $140 dollars to win $100 on the Angels.  But if you bet $100 on the Indians, you would win $125.  Of course, you get your original 140 or 100 back as well.

    You lay 140 to collect 240.  Or you lay 100 to win 225.

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