Money Line Bet Calculator
Track your bets, your winning percentage and positively manage your money. Tracking odds and line movements for every single game so you get an edge before placing your bets. Get Free Sports Information on line movements including NBA odds, NFL odds, College Football odds and MLB odds from our Sports Handicapping software.
- Mobile friendly moneyline calculator and sports betting calculators. Display payouts based on odds wagered. Money line calculator, Gambling calculator, Point spread calculator, Parlay calculator, Over/Under Calculator.
- Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult. To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10. 5) / 2, which equals $25.
Money Line Bet Payout Calculator
On This Page
Introduction
The calculator will calculate the house edge for an event that has just two possible outcomes, known as a '.' Whether it be a spread against the spread, money line, or total, if there are only two possible outcomes, then you can use this calculator. Just put in the line on each outcome, click 'calculate,' and the calculator will tell you the house edge, assuming both sides have the same house edge.
The calculator defaults to American odds (for example -110, +120). The alternative is European odds, which are expressed on a 'for one' basis (for example 1.9091, 2.2000).
Of course, I'm not claiming that both sides always have the same house edge. This is more of a tool to determine how much juice a casino takes out. For example, if a money lines on a are +300 and -450 then the balanced house edge would be 6.38%.
For bets with more than two or more possible outcomes, please see my futures calculator.
Betting Odds Calculator
