The amount that you get back for a winning sports bet will depend on two factors: the amount of your wager and the odds at the time you placed the wager. While the numbers may shift after you place it, you'll be locked in at those odds as soon as the sportsbook accepts the bet.

Legal sportsbooks handled US$93.2bn in bets last year, an annual increase of 63%. Sportsbook revenue in the US hit a record US$7.5 billion in 2024, up 75 per cent from the 2024 total of US$4.29 billion, according to the American Gaming Association (AGA).