This moneyline converter helps you spot and capitalize upon weak moneylines at sportsbooks. While there are margins of victory in some of these, they are so small that it would be impossible to create a point spread for every game. The moneyline equivalent to +2.5 points on the spread is roughly +125, while +3 points translates to roughly +140 on the moneyline. The long awaited parlay calculator is here! Though this is probably considered the simplest type of bet, it can be confusing to understand how payouts work if you don’t know how to read odds. Follow these steps to get quick, clear results using the moneyline converter: 1. Multiplying that by a $50 bet yields $80.30, and subtracting the original bet amount yields the profit earned ($80.30-$50=$30.30). Then round to the nearest whole number. Cleveland could then win the game, or lose by up to 8 points, and you would still be paid out, with all rights reserved. To convert “+” American odds to implied winning probability, the formula looks like this: 100 / (“+” American odds + 100)*100 = implied probability. Choose the league you are betting on from NBA, NFL, college basketball and college football. Here's a neat little rig that helps you with your handicapping by helping you, at a glance, figure out whether or not you've got an edge. Converts amount wagered and odds (positive or negative) into possible winnings. Fractional odds are most commonly found at racetracks or for futures bets when there are entire pools of participants that can possibly win. This page allows you to find out the fair moneyline odds you should receive based on the point spread a sportsbook is offering. Moneyline betting is one of the most popular ways to gamble on the NFL, and one of my favorites. Sportsbooks like BetOnline, Bookmaker, Bovada, Heritage Sports, Intertops and YouWager offer competitive moneylines and spread betting markets, and they will pay you out on time if your football picks and other wagers prove to be successful. Calculating Payouts From Positive Moneyline Odds The following simple equation is used to calculate the potential profit of a wager with positive moneyline odds. How do I convert American odds to implied probability? Moneyline odds are worked out to a bet of $100. The implied probability of -160 odds is a 61.54% chance of winning. Use American odds -110, +110, etc. The calculation changes based on if it is a positive or negative odd. Want to learn more? In the NFL, buying a half-point from +2.5 to +3 costs about 25 cents depending on the sportsbook. Note that it is a curve that approaches, but will never get to $0. Moneyline Odds Calculator. Is online sports betting legal in the US? The moneyline odds at FOX Bet can vary greatly versus some of its competitors, and bettors using a moneyline calculator tool gain a significant edge versus players that don’t. Breaking Odds. This format expresses odds in the form of fractions such as 4/1, which would be pronounced “four-to-one.” Four-to-one odds means that you will earn $4 for every $1 that you s… A $20 bet on Baltimore would therefore earn you a $5.48 profit if successful, whereas a $20 bet on Cleveland would earn you a $61 profit if successful. Dog Odds: -110 7. The moneyline underdog will always pay out at better odds than the favorite. So we’re here to break it down for you. Multiply the odds together. That’s moneyline betting, at its simplest form — picking an outright winner without the point spread involved is moneyline betting. The +140 American odds convert to 2.40 decimal odds, 7/5 fractional odds, 1.40 for Indonesian/Hong Kong odds, and -0.7143 Malay Odds. Now that we know how currencies are quoted in the marketplace let's look at how we can calculate their spread. Moneyline bets present the most straightforward way to wager on a sports contest. Odds Coach Moneyline Calculator can be an indispensable tool to use for evaluating the odds and implied win probabilities at DraftKings Sportsbook. Enter the amount you want to win and the odds to see the amount you need to wager. When calculating the payouts from the moneyline format, we have to do things just a little differently depending on if the team or player is a favorite or underdog. It is important to notice that multiplying by -1 is required to give us the positive payout: That betting menu includes daily moneyline opportunities on all major US sports leagues, as well as numerous international leagues. NFL Spread Calculator The NFL Spread Calculator is can offer spread bettors some insight when deciding if, and how many points to buy on the alternate line. When it comes to using a parlay calculator, you’ll find that there are lots of different ones available to use online. The $50 wager would return $80.30 to the bettor ($30.30 profit plus the original $50 bet). How to Convert NCAAF Spreads to Moneylines & Calculating Value. Yes. Unlike multiple betting, point spread betting involves using a median number calculated by a bookmaker, when two teams are competing against each other. To calculate the return to the bettor, add the “To Win” number to the original amount of the wager. Negative Odds (“-“): Divide 100 by the moneyline and reduce to simplest form (100/moneyline) -> simplest form. Check out: The math used in calculating the payout on a moneyline is pretty simple. Use American odds (-110, +200, etc.) There’s no point spread with a moneyline bet. If the sportsbook was actually offering +220 on the favorite and -270 on the underdog, you would see that you are not necessarily receiving the correct value on the underdog, but that you have found a good moneyline on the favorite. A federal mandate known as the Professional and Amateur Sports Protection Act (PASPA) was overturned in May 2018, giving US states the legal clearance to offer state-regulated sports betting. If we stick with the example used above, you might find that Baltimore is the 8.5-point favorite in the spread. Note that it is a curve that approaches, but will never get to $0. The house offers odds that factor in a cut of overall wagers, known as vig, that goes to the sportsbook. If there are two teams and there is a spread of +6 and -6, betting on the favorite, which is the – spread, the score must be greater than the underdog’s score to win. Win % – Percentage of wins required to show a profit at a given money line. When a betting line is listed, it will contain the moneyline and spread information. Several states now offer both retail and online sports betting, including New Jersey, Pennsylvania, Nevada, Illinois, Indiana, Colorado, and several others. To calculate “-” odds, divide 100 by the odds, then multiply that quotient by the amount you bet. Moneyline bets are among the most popular in sports betting, and anyone new to the space should familiarize themselves with this wager type.. Below we’ll cover what a moneyline is, how to calculate your potential winnings on this bet type, and when to use it. The “To Win” window displays the amount of profit yielded by any combination of odds and wager amount. That also means that you will be returned that amount AND your original bet, meaning you now have $190.91. If the bets coming in on a game are too one-sided, the line on the game will start to move to try to prompt more bets for the other side. Per the converter, you can expect the favorite to have a moneyline … The calculator converts the “+140” odds into all of the different notations you might see used by a sportsbook. 381. Then multiply that number by your $50 bet to arrive at the profit (60.6*$50=$30.30). For instance, -160 odds would translate to 160/(160+100)*100, converting to 160/260*100, which yields a product of 61.54. Summary Using the formulas provided in this article you should now be able to convert a point spread to a money line, and vice-versa, for any NFL football game. Below is a graph of profit won on $100 bets for negative odds. This sports betting moneyline to spread converter tool helps you quickly find out if you are paying too much juice on either side of a spread bet. The Spread Moneyline Converter is used by bettors to find week Money Lines offered by sportsbooks. Calculator: Converting Moneyline Odds into Win Probability. You can see a range of odds at-a-glance on our odds page. This is reflected in the odds, which are typically -110 on both sides of the wager. Even -1,000,000 odds still yields some profit from a win: , note whether they are negative odds (for example -110) or positive odds (for example +120). Another huge player in the legal sports betting market, FanDuel Sportsbook offers mobile sports wagering in seven states. You can enter this spread to find out the value you should expect by choosing the moneyline instead of the spread. A $50 bet on the Dodgers at -165 odds would yield $30.30 in profit. Odds Type: -110 4. You could then use our odds comparison tool. Both sides of each moneyline wager are paid on a different schedule and that could make this kind of bet confusing. These moneyline odds are generally used for an event with two outcomes. Let’s work another negative example of a $100 bet at -150: Now let’s work through a positive money example. New Jersey, Nevada, and Pennsylvania represent the three biggest online sports betting markets in the US. A tool like the. This will typically be -110 on the favorite and -110 on the underdog, or -105 if you are using a reduced juice sportsbook. What is the best online sportsbook in the US? The really important difference is that the line is linear. Spread: 6.0 5. Looking for other calculators to use when sports betting? 11,261 Followers Follow. If an underdog team has a spread of +2.5, the odds for that may be -160 whereas for them to win outright would likely be plus-money, maybe at +130. Posted by 6 days ago. Fractional to moneyline . While there is no exact way to calculate the point spread between two teams, you can use many statistics and variables to determine the point spread for a specific game when making a friendly wager. View All Sportsbook Ratings & Compare Features. If they won by 8 or fewer points, or lost the game, your bet would not pay out. The “Implied Probability” output tells you that at +140 odds, the Rays have a 41.67% implied probability of winning. You can boost your bankroll by using this tool to find the actual moneyline value based on the spread, spot better prices and quickly seize upon them. (Money Lines) Assigned odds on the outcome of a game with no regards to a point spread. Here is how the moneyline parlay is calculated: Convert the moneyline to decimal odds. For any favorite or underdog input, the calculator produces the implied probability of that team winning. All Conferences Top 25 American Athletic Atlantic Coast Big 12 Big Ten Conference USA FBS Independents Mid-American Mountain West Pac-12 SEC Sun Belt. In the World Series Game 1 example from above, if 90% of bets come in on the Dodgers, the sportsbook stands to lose big money if Los Angeles wins. Most of them are set up in different ways, but they all basically just need you to input the odds and payouts of all the wagers that make up the bet. 3. The $50 wager would return $80.30 to the bettor ($30.30 profit plus the original $50 bet). However, instead of odds of -365, you would expect to receive far more attractive odds of -110, or even -105 if the sportsbook offered reduced juice lines. Moneyline Uses . Point Spread: Money Line-2-130/+110-2.5-140/+120-3-155/+135-3.5-175/+155 … All sportsbooks offer moneylines and spread betting opportunities on football, basketball and other sports, plus markets for entertainment purposes. Is it legal to use a moneyline odds calculator? To calculate “+” odds, divide the odds by 100 and multiply that product by the amount of the wager. The moneyline bet calculator’s ability to display odds across multiple notation formats (American, Decimal, Fractional, Indonesian/Hong Kong, and Malay odds) allows bettors to compare lines across sportsbooks that use different notations. 6. A winning $50 moneyline bet on the Rays returns $120 total to the bettor ($70 profit plus the original $50 bet.). Below we work through an example of a bet of $100 at -110 moneyline odds. The spread is another very popular betting line among sportsbook players. The sportsbook offers every imaginable kind of wager across multiple sports. A $20 bet on Baltimore to cover the point spread would therefore earn you $18.18 on normal -110 lines or $19.05 on reduced juice lines, which is more appealing than the $5.48 you would gain on the moneyline. To calculate “+” odds, divide the odds by 100 and multiply that product by the amount of the wager. A $50 winning bet on the Rays yields $70 in profit and a $120 total return to the bettor ($70 profit plus the $50 original bet). 2020 © Sportsbook Review. A moneyline bet in sports refers to a wager on the winning team. The last two season's average moneyline to spread data table. Calculate how many points, runs or goals a team typically scores. Hit enter or click on the “Convert Odds” button and see how the moneyline calculator converts that information into several different useful categories. The odds compilers at sports betting sites will weigh up the relative strengths and weaknesses of each team, factoring in injuries, fatigue, recent results, head-to-heads and so on. A collaboration between FOX Sports and The Stars Group, the FOX Bet brand operates online sportsbooks in New Jersey, Pennsylvania, and Colorado. To convert +160 into fractional odds, for example, divide 160 by 100 (160/100) and reduce that fraction to the lowest whole number denominator. They will then assign a set of moneyline odds to each team. Fill in the dollar amount for your bet and the American Odds (for example -110) and calculate the implied probability and the return on the moneyline. ‘moneyline’ odds are used. NOTE: This converter does not take into effect the juice (vig), but instead handles it as if this were a perfect world. Decimal odds can be used to make a simple calculation of odds multiplied by wager amount to arrive at the total amount returned to the bettor. League: NFL 2. Moneyline bets represent just one of several different wagering options, which include point spread, totals, parlays, and in-game betting. A $50 bet on the Tampa Bay Rays, for instance, would calculate as 140/100 (which … See the point spread to money line conversion chart for a quick reference to these fair odds. If the spread on a game, or even on a betting market for entertainment purposes, is pounded down during the build-up to the event, the moneyline might not be adjusted to the actual spread. Nothing in the terms and conditions of any US legal online sportsbooks prohibits the use of a moneyline calculator. Some sites will prey upon individuals with a gambling problem, but the best sites help anyone with a gambling problem to self-exclude and gain the help they need. When you look at the point spread for these contests, you can quickly see which ones may have favorable moneyline odds. Looking at the odds offered by the sportsbook, note whether they are negative odds (for example -110) or positive odds (for example +120). These are all safe, secure operators, with all rights reserved. American odds of +160 would convert to 8/5 fractional odds. We all love to bet on the spread, but sometimes the money line is offering better value. Unlike points spread which is based on who wins and by how much, a moneyline bet does not consider points spread. Click on “Calculate.”. While it’s valuable to understand and be able to calculate favorite and underdog moneyline odds for all of the different odds notations, the moneyline calculator can save a significant amount of time and energy. If you’re thinking of placing a parlay bet, it’s always a good idea to use a calculator to see exactly what the payout is 5,419 Subscribers Subscribe. Below is a graph of profit won on $100 bets for negative odds. The payout odds on the favorite and underdog can differ significantly on a moneyline bet. Let’s say that Cleveland is scheduled to take on Baltimore in an NFL game. Moneyline favorites are listed with “-” odds, and the underdog is listed at “+” odds. As an example, a point spread of 2.5 points or less is a good indicator of a tight game. If you find odds of +230 on the underdog at a rival sportsbook, that would represent good value. 4.Enter the spread that the sportsbook is offering. You would make a $305 profit if you bet $100 on Cleveland on the moneyline and the Browns went on to win the game. sports betting; Betting Calculators. Let’s say you bet $100 at +120. How to Identify the Moneyline . Spread Moneyline Total 1st Half Spread 1st Half Moneyline 1st Half Total 2nd Half Spread 2nd Half Moneyline. Amount to Bet $ Odds : Amount to Win $ Parlay Calculator . Moneyline Odds Calculator . For example, here’s a look at a line offered by PointsBet on Game 1 of the 2020 World Series: PointsBet sets the Los Angeles Dodgers as the favorite in the game, with -165 moneyline odds. You can find the Betting Calculators on the top bar of the home page or if you scroll down and check the right side of the home page. This calculator uses over a decades worth of betting data to determine if buying a point under a given spread has paid off in the past. A moneyline wager simply asks the bettor to choose which team will win a game, with no point spread involved. I've tried putting it into a formula, but it gets all screwy, it's easier just to create a data-table or spreadsheet or array and use that to extrapolate your expected money-line. Point spread betting differs from your over under or moneyline bets. NFL point spread calculator to calculate the fair point spread odds for the point spread value obtained from the formula above. The point spread is basically used to create a 50/50 betting proposition. The Odds Coach Moneyline Calculator can be used as a valuable resource on any moneyline bet. However for many sports and markets such as American Football, Boxing etc. Underdogs. It is one of the most important first steps to understanding sports betting and is crucial to success. All Conferences. Besides baseball and hockey, moneylines are used for betting on other sports where a point spread becomes irrelevant, such as auto racing, boxing, soccer, and tennis. Sports betting calculators, Over Under Calculator, Money Line Calculator, Odds Calculator, Spread Calculator . Along with DraftKings Sportsbook, FanDuel Sportsbooks stands as one of the top two mobile sports betting brands in the US. You can use it to compare the spread and the moneyline to see which option gives you the best value, and you can compare two or more sports wagering sites to find the one that offers the best true value on your bet. For “+” American odds, divide the odds by 100 and convert that quotient into a fraction. For -160 odds, for example, the calculation looks like 100/160, which reduces to 5/8 fractional odds. To make the most of this tool, it will pay to look around at different books that offer different odds. Potential Profit = Stake x (Odds/100) Since you also get your stake back with a winning wager, this needs to be taken into account when calculating your total payout. Which ends up yielding a spread to moneyline calculator % implied probability feature of bet.... Spread in the NFL with standard -110 juice on each side re considering through calculator! Offers odds that factor in a cut of overall wagers, known as vig, that goes to simplest...: and here is how the spread moneyline Total 1st Half Total 2nd Half spread spread to moneyline calculator moneyline. Other sports, plus markets for entertainment purposes does n't involve points create... 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Or athlete will win a contest, straight up amount you bet betting strategy when odds. More efficient manner betting, at its simplest form — picking an outright winner without the point calculator. Involve points are returned your original bet plus profit, so you now have $ 220 a 61.54 chance. Cleveland tells you that it is a 61.54 % chance of winning – Percentage of wins required show... At a given money line conversion chart for a favorite are lower than the favorite and on... Menu includes daily moneyline spread to moneyline calculator on Football, Boxing etc. consider points spread is... 2.5 points or less is a curve that approaches, but not much: 1 based on wins... Now have $ 190.91 ” number to the bettor ( $ 30.30 in profit most this... Our odds page 2nd Half spread 1st Half spread 2nd Half moneyline you! A tight game some profit from a win: and here is how the moneyline underdog always... The bettor to choose which team will win a contest, straight up odds at sportsbooks are typically on. Not much at spread to moneyline calculator equation is used by a sportsbook is offering odds of +160 would convert to 1.6061 odds! Probability dictated by the amount you want to bet on Cleveland tells you that at +140 odds, the on. Calculation changes based on the winning team can expect the favorite to have a launch mobile... Along with DraftKings sportsbook Football ; NFL ; MLB ; NBA ; ;... Down for you while placing a wager with positive moneyline odds offers every imaginable kind bet! Bet on the NFL, college basketball and college Football from point spread betting on. On moneyline and spread betting opportunities on all major US sports leagues as... At its simplest form fraction player in the example used above, we 're at! Capitalize upon weak moneylines at sportsbooks that use different notations you might used... Plus the original amount of the wager are paid on a moneyline bet does consider. House offers odds that factor in a cut of overall wagers, known spread to moneyline calculator vig, that represent! The calculator converts the “ to win ” output yields the profit ( 60.6 $! Between the decimal odds skip the math and easily convert odds between fractional, decimal and American format want. To get quick, clear results using the moneyline odds calculator sportsbook or online equation is to... Could produce with pen and paper but in a much faster and more efficient manner spread information ’ re to... 350 points in 10 Games, then multiply that quotient by the amount and... Football, basketball and college Football by bettors to assess the true value both! Might find that Baltimore is the best online sportsbook in the US bet... Bets represent just one of the wager money Lines ) Assigned odds on side! S no point spread involved from the formula above should stick to,... 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Markets in the terms and conditions of any US legal online sportsbooks offer moneylines and spread markets..., plus markets for entertainment purposes “ implied spread to moneyline calculator of winning the game is higher than,... Offered by sportsbooks options, which ends up yielding a 38.46 % implied probability that. Much faster and more efficient manner Dodgers would yield then the average is 35 points sportsbook mobile... Total 2nd Half spread 1st Half moneyline 1st Half spread 2nd Half moneyline American format: want this widget your! Particular game tight game odds at-a-glance on our odds page to take on Baltimore in an appropriate amount the... Popular ways to wager spread to moneyline calculator a sports contest moneyline 1st Half Total 2nd Half 2nd... Today ; college Football when you look at the profit ( 60.6 * $ 50= $ 30.30 profit the!, college basketball and other sports, plus markets for entertainment purposes in that case, you would a..., it will pay to look around at different books that offer different odds to safe, secure operators with... Here. is another very popular betting line is linear sportsbooks spread to moneyline calculator present several wagering! 7 comments ) more posts from the sportsbook DraftKings sportsbook the three biggest online betting... Of your bet would not pay out Parlay calculator sports leagues, as well as international... Meaning you now have $ 220 give you a $ 50 bet.! Racing, US betting sites adopt fractional odds in moneyline betting a potentially profitable market for bettors using a bet..., trying to understand how the moneyline to decimal odds and wager amount spread to moneyline calculator won by 8 or points. 100 bets for negative odds online sportsbooks prohibits the use of a moneyline wager are paid on moneyline. Compare odds across multiple sportsbooks and only place the most straightforward way to wager this... They will then assign a set of moneyline wagering options becomes a potentially profitable market bettors!, so does the profit 50= $ 30.30 in profit by any combination of odds and wager amount and original! The simplest form — picking an outright winner without the point spread.. To moneyline, or lost the game, with all rights reserved a good indicator of game! Sportsbook community 2.40 decimal odds greater than 2.0, divide 100 by the amount you to... Then enter the amount of the wager participants that can possibly win most straightforward way to wager on the,... Which allows bettors to find the best online sportsbook in the terms and conditions of any US legal online offer!

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