Method for Calculation and Payment of Winning Sports Wagers
Calculations for Wager Types
Calculations for wager types are as follows:
Money Line payoff: The money line is expressed as a 3 or 4 digit number. For example, -200 means a player must bet $200 for every $100 they wish to win, and multiples thereof. Or, +120 means a player will win $120 for every $100 bet.
Point spread payoff: The spread line is expressed as a 3 digit number. For example, -110 means a player must bet $110 for every $100 they wish to win, and multiples thereof. Or, +110 means a player will win $110 for every $100 bet.
Payment for Winning Wagers
BetMGM will automatically adjust a patron’s account balance upon settlement of a wager based on the results of that wager. All payments or withdrawals are subject to the Withdrawals section of BetMGM’s Terms of Service.