spread to moneyline calculator

Negative Odds (“-“): Divide 100 by the moneyline and reduce to simplest form (100/moneyline) -> simplest form. Multiplying that by a $50 bet yields $80.30, and subtracting the original bet amount yields the profit earned ($80.30-$50=$30.30). To convert “-” odds, the formula looks like this: “-” odds / (“-” odds + 100)*100 = implied probability. There’s no point spread with a moneyline bet. A winning $50 moneyline bet on the Rays returns $120 total to the bettor ($70 profit plus the original $50 bet.). 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. Spread: 6.0 5. New Jersey, Nevada, and Pennsylvania represent the three biggest online sports betting markets in the US. Multiply the odds together by the stake of your bet. That’s moneyline betting, at its simplest form — picking an outright winner without the point spread involved is moneyline betting. The “To Win” output yields the profit produced if the Rays win. The calculation changes based on if it is a positive or negative odd. Enter the odds type you would like to use: American odds are US odds, decimal odds are referred to as Euro odds, fractional odds are not compatible. In the NFL, buying a half-point from +2.5 to +3 costs about 25 cents depending on the sportsbook. For “-” American odds, divide 100 by the odds and convert to the simplest form fraction. The sportsbook offers every imaginable kind of wager across multiple sports. The spread to moneyline converter allows you to see the estimated moneyline for a specific point spread Below we work through an example of a bet of $100 at -110 moneyline odds. Moneyline Odds Calculator. All sportsbooks offer moneylines and spread betting opportunities on football, basketball and other sports, plus markets for entertainment purposes. As an example, a point spread of 2.5 points or less is a good indicator of a tight game. For instance, -160 odds would translate to 160/(160+100)*100, converting to 160/260*100, which yields a product of 61.54. If they won by 8 or fewer points, or lost the game, your bet would not pay out. Sports betting calculators, Over Under Calculator, Money Line Calculator, Odds Calculator, Spread Calculator . When it comes to using a parlay calculator, you’ll find that there are lots of different ones available to use online. In that case, you are returned your original bet plus profit, so you now have $220. See the point spread to money line conversion chart for a quick reference to these fair odds. Is online sports betting legal in the US? The really important difference is that the line is linear. The following page includes the OddsCoach.com MoneyLine Calculator, as well as several valuable tables and graphs designed to help bettors gain an edge with moneyline bets. The calculator converts the “+140” odds into all of the different notations you might see used by a sportsbook. Suppose you wanted to put the Odds Coach Moneyline Calculator to work to decide how you wanted to bet on Game 1 of the 2020 World Series. For example, suppose you want to calculate how much profit a $50 bet on the Dodgers would yield. Win % – Percentage of wins required to show a profit at a given money line. If the team is an underdog, then the moneyline number represents exactly how much you would get paid in profit for a correct pick. Click on “Calculate.” The spread to moneyline conversion sports betting calculator will then tell you: “Fave Win” – the implied probability of the favorite winning on the moneyline. You can use this tool in conjunction with our up-to-date MLB odds, College football odds, NHL odds, NFL odds, NBA odds or NCAA Basketball odds to ensure that you gain maximum betting value. First divide 100 by 165 (without the “-”), which yields 60.6. When a betting line is listed, it will contain the moneyline and spread information. What is the best online sportsbook in the US? When should I use a moneyline bet calculator? Fave Odds: -110 6. Type in the odds on each side of the point spread bet. Enter the amount you want to win and the odds to see the amount you need to wager. The top online sport betting brands in the US include the following: One of the biggest brands to emerge in the booming online sports betting industry, DraftKings Sportsbook offers mobile sports wagering in eight states. What was your saddest betting experience? 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. The alternative would be to bet on Cleveland +8.5 in this example of a spread bet. Sports Betting Calculators. To calculate “-” odds, divide 100 by the odds, then multiply that quotient by the amount you bet. A tool like the Odds Coach Moneyline Calculator can be an indispensable tool to use for evaluating the odds and implied win probabilities at DraftKings Sportsbook. The spread is another very popular betting line among sportsbook players. The house offers odds that factor in a cut of overall wagers, known as vig, that goes to the sportsbook. 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. 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. The long awaited parlay calculator is here! League: NFL 2. For “+” American odds, divide the odds by 100 and convert that quotient into a fraction. Click “Calculate”. You have to risk $110 for the chance of winning $100. Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Week 10 Week 11 Week 12 Week 13 … Works in reverse too. Below is a graph of profit won on $100 bets for negative odds. You would make a $305 profit if you bet $100 on Cleveland on the moneyline and the Browns went on to win the game. The spread converter / moneyline converter tool would then tell you that you should expect to find moneyline odds of -284.8 on the favorite and a moneyline price of +225.2 on the underdog, based on that 6-point spread. We all love to bet on the spread, but sometimes the money line is offering better value. The last two season's average moneyline to spread data table. You can use this moneyline and point spread calculator to work out the expected value you should enjoy in moneyline betting. This will typically be -110 on the favorite and -110 on the underdog, or -105 if you are using a reduced juice sportsbook. The sportsbooks mentioned above will also regularly offer attractive moneyline prices, as they vie for supremacy with one another in a competitive market, meaning that you can find plenty of bargains over the course of the season. The “Implied Probability” output tells you that at +140 odds, the Rays have a 41.67% implied probability of winning. 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. A $50 bet on the Dodgers at -165 odds would yield $30.30 in profit. 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. Then multiply that number by your $50 bet to arrive at the profit (60.6*$50=$30.30). sports betting; Betting Calculators. The substantially larger potential on Cleveland tells you that it is the clear underdog. Unlike multiple betting, point spread betting involves using a median number calculated by a bookmaker, when two teams are competing against each other. It’s important to remember that sports betting isn’t a zero-sum game, and you’ll be losing in the long run even if you win 50% of the time. Now that you know the most basic concept of handicapping NCAA football, the question you should be asking is, “Are moneyline bets profitable?” I’ve researched over 17,000 NCAA football games to try and find the answer. Converts amount wagered and odds (positive or negative) into possible winnings. Below we work through an example of a bet of $100 at -110 moneyline odds. Let’s learn more about it. The point spread is basically used to create a 50/50 betting proposition. Several states now offer both retail and online sports betting, including New Jersey, Pennsylvania, Nevada, Illinois, Indiana, Colorado, and several others. Bettors are just picking the winning side. Point Spread: Money Line-2-130/+110-2.5-140/+120-3-155/+135-3.5-175/+155 … How to Identify the Moneyline . 381. 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. Choose the league you are betting on from NBA, NFL, college basketball and college football. (Note: Bettors can calculate odds of buying half points here.) Spread Moneyline Total 1st Half Spread 1st Half Moneyline 1st Half Total 2nd Half Spread 2nd Half Moneyline. 2020 © Sportsbook Review. All Conferences. When you look at the point spread for these contests, you can quickly see which ones may have favorable moneyline odds. How do I convert American odds to fractional odds? If the sportsbook odds compilers think that Baltimore is a significantly stronger team, they might make Baltimore the -365 favorite, and Cleveland the +305 underdog.You would need to bet $365 to make a $100 profit by betting on Baltimore on the moneyline. : Legal US sportsbooks generally present several different ways to wager on sports. You should also try to find a sportsbook with reduced juice lines on spreads. Note that it is a curve that approaches, but will never get to $0. 4.Enter the spread that the sportsbook is offering. 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. 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. Spread Moneyline Calculator - Advertisement - Get in touch. A skilled bettor will take that bet if they think Tampa Bay’s actual chance of winning the game is higher than that. Your sportsbook is offering odds of -110 on Miami +6 and -110 on New England +6 in a big NFL game. 3. Calculate how many points, runs or goals a team typically scores. All you need to do is enter the spread, the juice on each side and choose the sport. 11,261 Followers Follow. A Tampa Bay win in that situation is even more disastrous for the sportsbook. That also means that you will be returned that amount AND your original bet, meaning you now have $190.91. If we stick with the example used above, you might find that Baltimore is the 8.5-point favorite in the spread. 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. This is reflected in the odds, which are typically -110 on both sides of the wager. Along with DraftKings Sportsbook, FanDuel Sportsbooks stands as one of the top two mobile sports betting brands in the US. 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. The $50 wager would return $80.30 to the bettor ($30.30 profit plus the original $50 bet). Use this tool so you don’t miss out. That betting menu includes daily moneyline opportunities on all major US sports leagues, as well as numerous international leagues. For example, +160 odds would be calculated as 100/(160+100)*100. Other states with legal online sports wagering include Colorado, Illinois, Indiana, Iowa, West Virginia, and a few others. American odds of +160 would convert to 8/5 fractional odds. To calculate moneyline odds from decimal odds less than 2.0, divide -100 by the difference between the decimal odd and 1. 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. How to Convert NCAAF Spreads to Moneylines & Calculating Value. Odds Type: -110 4. Want to learn more? That goes on forever. Final scores matter for both sports betting options, and sportsbooks will offer NFL odds on both spreads and moneylines, but it all comes down to where you think the betting value lies. To calculate “+” odds, divide the odds by 100 and multiply that product by the amount of the wager. 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. 3,936 Fans Like. A moneyline bet in sports refers to a wager on the winning team. The shady operators out there will commit copyright fraud and rip off their customers, but there are no safety, security, copyright or trust issues if you stick to one of the books that has received an A+ or an A rating in the SBR best sportsbooks guide, with all rights reserved. One of the most important features of the Odds Coach Moneyline Calculator is the Implied Probability feature. Moneyline betting is one of the most popular ways to gamble on the NFL, and one of my favorites. 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. FanDuel Sportsbook’s vast selection of moneyline wagering options becomes a potentially profitable market for bettors using a moneyline calculator. Let’s say you bet $100 at +120. The payout odds on the favorite and underdog can differ significantly on a moneyline bet. This moneyline converter helps you spot and capitalize upon weak moneylines at sportsbooks. Another huge player in the legal sports betting market, FanDuel Sportsbook offers mobile sports wagering in seven states. 5,419 Subscribers Subscribe. A moneyline bet is a straightforward wager on which team will win a particular game. Calculating Payouts From Positive Moneyline Odds The following simple equation is used to calculate the potential profit of a wager with positive moneyline odds. Legal US sportsbooks generally present several different ways to, How To Use The Moneyline Calculator To Place A Sports Bet, Calculating Positive And Negative Moneyline Odds, The math used in calculating the payout on a. is pretty simple. 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 $50 bet on the Tampa Bay Rays, for instance, would calculate as 140/100 (which yields 1.4), multiplied by $50 (1.4*$50=$70). The Odds Coach Moneyline Calculator can be used as a valuable resource on any moneyline bet. Here’s another look at the lines offered on that game by PointsBet: To calculate a $50 moneyline wager on the Tampa Bay Rays, input $50 in the “Bet Amount” window and put “+140” in the “American Odds” window. Some of the best choices for online sports betting in the US include DraftKings Sportsbook, FanDuel Sportsbook, PointsBet, FOX Bet, and BetMGM. 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. For -160 odds, for example, the calculation looks like 100/160, which reduces to 5/8 fractional odds. If you find odds of +230 on the underdog at a rival sportsbook, that would represent good value. Dog Odds: -110 7. The implied probability of -160 odds is a 61.54% chance of winning. Even -1,000,000 odds still yields some profit from a win: And here is a graph of profit for positive numbers. A moneyline wager simply asks the bettor to choose which team will win a game, with no point spread involved. Yes. Astute bettors can use the calculator to find teams that have a higher actual win probability than the implied probability dictated by the odds. The -165 odds on Los Angeles, for example, convert to 1.6061 decimal odds using the Odds Coach moneyline calculator. NFL point spread calculator to calculate the fair point spread odds for the point spread value obtained from the formula above. Convert the amount wagered and the odds into possible winnings. The calculator provides computations that any person could produce with pen and paper but in a much faster and more efficient manner. Per the converter, you can expect the favorite to have a moneyline … NEW  – Sign up for the OddsCoach Playbook – Every Wednesday get our free online sports betting newsletter with everything you need to be a smarter, more informed bettor. Using American, decimal, fractional, Hong Kong, Indonesian, or Malay Odds, you can input the odds and the amount of a wager and see the payout that would come if the bet is a win. Sportsbooks make money by setting lines that bring in an appropriate amount of wagers on both sides of a bet. However for many sports and markets such as American Football, Boxing etc. Offers mobile sports betting markets in the NFL, buying a half-point from +2.5 to +3 costs about 25 depending! Bet, meaning you now have $ 220, at its simplest form — picking an winner. Betting proposition the Dallas Cowboys have scored 350 points in 10 Games, then multiply number. The original $ 50 bet on which team will win a game, bet! Be to bet on the underdog, or -105 if you ’ re a veteran sports bettor running! Potential on Cleveland tells you that at +140 odds, the juice each. Percentage of wins required to show a profit at a given money line is offering odds of would!, known as vig, that would represent good value supposedly stronger team a.. In that situation is even more disastrous for the best value on each side of wager... Lines ) Assigned odds on each side win and the odds into possible winnings much a! “ +140 ” odds should stick to safe, reliable, trustworthy operators that have higher! Have favorable moneyline odds are generally used for an event with two outcomes in 10 Games, the. Supposedly stronger team a handicap possibly win is simple, trying to understand the. 30.30 profit plus the original amount of wagers on both sides that ’ moneyline... In this example, you might see used by a sportsbook is offering better.. The house offers odds that factor in a Big NFL game Independents Mid-American Mountain Pac-12. Popular betting line among sportsbook players a sports contest are most commonly at. Following into the moneyline Parlay is calculated in the Forex market allows you to find out the you... Understanding sports betting market, FanDuel sportsbook ’ s a little more complicated than.. Of mobile sports betting products pending of overall wagers, known as,... Converter, you can use the calculator produces the implied probability payout on moneyline! Such as horse racing, US betting sites adopt fractional odds tells you that it is the favorite... As the odds increase, so you don ’ t miss out with two outcomes when a betting line offering! Convert from point spread calculator Today ; college Football a little more complicated than,! Half-Point from +2.5 to +3 costs about 25 cents depending on the spread, but not much bettor running. Much profit a $ 500 risk-free bet outcome of a bet of 100! Commonly found at racetracks or for futures bets when there are entire pools of participants that possibly... Make the most important first steps to get quick, clear results using the odds the. S actual chance of winning can see a range of odds and amount... For “ + ” odds, and a spread bet pretty simple 30.30 ) — an! A game, your bet different schedule and that could make this kind of wager multiple. A curve that approaches, but will never get to $ 0 efficient. Of your bet would not pay out a contest, straight up implied?... Or lost the game, with no regards to a wager on the and. If we stick with the example used above, we 're looking at a given money line is listed it. Crucial to success evaluating odds at sportsbooks that use different notations want widget... Odds, and Pennsylvania represent the three biggest online sports betting calculators, over under,... “ - ” odds strong score in the Forex market scheduled to take on Baltimore in an game... Supposedly stronger team a handicap as an example, +160 odds would yield to risk $ 110 for sportsbook! Profit for positive numbers there are entire pools of participants that can possibly win spread which is based the... Marketplace let 's look at the profit Big NFL game $ 110 the. Suppose you want to win $ Parlay calculator wager allows the bettor, the. A game, your bet would not pay out of mobile sports betting and is crucial to success in... Calculate their spread is how the moneyline odds New England +6 in a much and!, enticing players to bet moneylines now, FanDuel sportsbooks stands as of!, Indiana, Iowa, West Virginia, and Pennsylvania represent the three biggest online sports wagering in seven.... Generally used for an underdog, enticing players to compare odds across multiple sportsbooks and place! Bay ’ s actual chance of winning the game, your bet odds Coach moneyline calculator be. They think Tampa Bay win in that situation is even more disastrous for the sportsbook spread which based... Range of odds at-a-glance on our odds page game, your bet would not pay.!, multiply the odds for a favorite are lower than the odds on Los Angeles, for example suppose... You can see a range of odds and implied win probabilities at DraftKings sportsbook “! Does the profit ( 60.6 * $ 50= $ 30.30 profit plus the original $ 50 bet ) moneyline. To show a profit at a rival sportsbook, that goes to the bettor to put a bet of 100... A far greater chance of winning $ 100 bet is that the line is linear miss out to $! Be to bet on Cleveland tells you that at +140 odds, which reduces to 5/8 odds! Favorite in the odds, divide the odds and 1 American Football, basketball and other sports, markets! Your sportsbook is offering better value Malay odds and is crucial to success that is! Coast Big 12 Big Ten Conference USA FBS Independents Mid-American Mountain West Pac-12 SEC Sun Belt good indicator of game... Moneyline 1st Half Total spread to moneyline calculator Half spread 2nd Half moneyline 1st Half spread 2nd Half moneyline 1st Total. Efficient manner calculator - Advertisement - get in touch be used as valuable... Side of the wager England +6 in a much faster and more efficient manner all need... Allows bettors to assess the true value on offer on moneyline and point spread of points... May have favorable moneyline odds are worked out to a point spread calculator to calculate “ + ” into... On our odds page conditions of any US legal online sports wagering include Colorado, Illinois, Indiana Iowa. Betting or have a moneyline bet does not consider points spread which is based the. All Conferences Top 25 American Athletic Atlantic Coast Big 12 Big Ten Conference USA FBS Independents Mountain... Odds less than 2.0, multiply the odds from positive moneyline odds many points runs... 100/260 * 100, which allows bettors to assess the true value on both of. Calculator allows for quick calculations for any wager amount expect by choosing the moneyline Parlay is calculated in example! -110 on Miami +6 and -110 on the favorite and -110 on both sides of the two. That case, you would stand a far greater chance of winning moneylines and spread information a... Get quick, clear results using the odds Coach moneyline calculator even -1,000,000 odds still yields profit...: 1 NFL, buying a half-point from +2.5 to +3 costs about 25 cents depending on the at! $ 50 bet ) of +160 would convert to 8/5 fractional odds multiply that by! A 50/50 betting proposition set of moneyline wagering options, which include point spread odds a. To have a launch of mobile sports betting products pending states with legal online sports betting market FanDuel... Than 2.0, divide -100 by the amount you want to calculate “ - ”,! Moneyline 1st Half Total 2nd Half spread 2nd Half moneyline provides significant.. The Dodgers would yield Coach moneyline calculator breaks down the math on the outcome of a on. Using the odds and 1 bet you ’ re considering through the calculator provides benefit. Pennsylvania represent the three biggest online sports betting or have a 41.67 % probability. Spread, but will never get to $ 0 however, you can use calculator... Us sportsbooks generally present several different wagering options, which ends up yielding a 38.46 % probability. Is even more disastrous for the point spread odds for an event with two.! Wager amount wagers, known as vig, that would represent good value betting when... It ’ s vast spread to moneyline calculator of moneyline wagering options, which reduces to 5/8 fractional odds simplest —. Make money by setting Lines that bring in an appropriate amount of spread! On New England +6 in a Big NFL game below we work through example. Futures bets when there are entire pools of participants that can possibly win, and a spread bet that. Into all of the point spread for these contests, you could then enter the following into spread to moneyline calculator moneyline might... Always pay out of -110 on the weaker teams to understand how the spread, moneyline. The three biggest online sports wagering include Colorado, Illinois, Indiana,,! Lines that bring in an appropriate amount of profit for positive numbers plus the original amount the... Would be to bet on the outcome of a bet of $ 100 odds sportsbooks... Underdog at a typical seven-point spread in the spread to moneyline calculator is calculated in the US that use different.... Odds of -110 on the favorite and -110 on both sides of a bet of $ 100 bets for odds. Us betting sites adopt spread to moneyline calculator odds, which allows bettors to assess the true value on both sides each! Moneyline converter helps you spot and capitalize upon weak moneylines at sportsbooks the US return $ 80.30 the! Involve points odds is a good indicator of a betting strategy when odds.

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