Our moneyline calculator is here to show you exactly how much you can win from your sports bets. Essential for anyone who loves sports but hates math.
You can use our moneyline calculator on anything from the Super Bowl down to the most niche sporting event. It works with American, fractional and decimal odds formats and it won’t cost you a dime to use. Plus this guide even has some handy tips you can use in conjunction with our bet calculator.
Our moneyline calculator can be used to simply reveal what your potential payout could be from any sporting bet. You just have to type in your stake, the odds you want to bet on, and then you’ll see what you can win.
Don’t know what a moneyline is? This simply refers to a bet on which one of two teams will win a sporting encounter. Note that moneylines don’t apply to sports where there are draws such as soccer. Instead, you will usually be betting on the moneyline for the NFL, NBA, MLB, NHL and so on.
It’s hard to think of too many issues of using a moneyline calculator, but here is a quick rundown of the pros and cons just to clarify things:
Not only is our moneyline calculator easy to understand, it’s also wonderfully simple to use too. Here is a quick step-by-step guide to how you can use it for your sports bets:
The great thing is that our moneyline calculator can be altered all of the time to help you find the bets that you are looking for.
For example, you might see moneyline odds for your favorite team to win, but our calculator could show you that they produce only negligible returns. From here, you could see if any other betting markets hold extra value, or try another sportsbook instead.
Just remember that our moneyline bet calculator won’t tell you how likely you are to win your bet. You’ll have to use something like an implied probability calculator for this, and even that is only as good as the odds that you plug into it.
We’ve been careful to ensure that our moneyline calculator works across all sports and all major odds formats too. Here are some simple examples to show you what we mean:
So let’s say that you wanted to bet $10 on an NFL game between the Buffalo Bills and the New York Jets. Here’s how the odds might look and you’ll also see your potential returns for betting on each team:
| Team | Moneyline American odds to win | Your potential total return |
|---|---|---|
| Buffalo Bills | -200 | $15 |
| New York Jets | +200 | $30 |
From this, you’d see that the Bills were the favorites and you’d win less by backing them. Conversely, the Jets were the underdogs meaning that you’d be taking more of a risk by backing them, but you’d get more in returns.
Lots of people also use decimal odds as their preferred odds format. Let’s take a look at how you could use our moneyline calculator for a $10 bet on a game between the Golden State Warriors and the New Orleans Pelicans in the NBA:
| Team | Moneyline decimal odds to win | Your potential total return |
|---|---|---|
| Golden State Warriors | 1.50 | $15 |
| New Orleans Pelicans | 3.75 | $37.50 |
Here you’d see that the Golden State Warriors were the clear favorites which means that your returns would be negligible. However, a riskier bet on the Pelicans could potentially provide you with larger returns.
Most sportsbooks will also give you the option to bet using fractional odds. Here is a quick example of how you could do this for a $10 bet on an MLB game between the New York Yankees and the Baltimore Orioles:
| Team | Moneyline fractional odds to win | Your potential total return |
|---|---|---|
| New York Yankees | 2/1 | $30 |
| Baltimore Orioles | 3/1 | $40 |
From here you’d see that both teams had a fairly good chance of winning this game. The Yankees were the narrow favorites and that a bet on this team would only give you a little bit less than a slightly riskier bet on the Orioles.
While our betting guides cover all aspects of betting on sports, you might need a little extra help in using our moneyline calculator. So here are some handy tips to get you started:
Don’t just blindly type in the moneyline odds into the bet calculator without evaluating them first. After all, these odds are formulated by oddsmakers and there is every chance they have got them wrong. So be sure to look for any mismatches in the odds on offer and your own predictions. If you find something like this, it could be what’s known as a value bet and it could be worth a closer look.
It’s always smart to only bet with money that you don’t mind losing. After all, sporting upsets happen all of the time and this applies to even the most certain-looking moneyline bet. So set yourself a budget, gamble responsibly and know when to walk away from any losses.
Moneyline bets are useful because they will clearly indicate who the favorite is and who the underdog is. As such, you’ll find it easy to identify the favorite and know to back this team. You won’t win as much for doing this compared to backing the outsider, but some wins are definitely more enjoyable than none.
You should know that our moneyline calculator can also be used on live moneyline bets. This is great news because live betting is a lot of fun, and it also has the potential to give you more variance in the odds too. Just note that those live moneyline odds will be changing all of the time in correspondence to the live action, so you’ll need to be quick and careful.
Our moneyline calculator is great for anyone looking for a simple way to figure out their potential returns from this bet. However, you might also want to know your chances of winning too. In which case you could either use a moneyline probability calculator or check out our range of betting calculators which includes one that reveals the implied probability of any odds you punch into it.
Our moneyline calculator should hopefully give you a quick and easy way to see what you could win from these simplest of sports bets. This means that you can now take the time to enjoy the big game rather than wrapping your head around some tricky mental arithmetic.
Just remember that we have a bunch of other bet calculators you can use to see your chances of winning any bet and a whole lot more. So fire up our moneyline calculator and make your bets with an extra level of insight.
First divide the moneyline by 100, and then multiply this number by your wager. If this sounds too complicated, you can get our moneyline calculator to do it for you.
This means that you would need to wager $100 in order to win back $400 from that bet. Because it has a plus sign next to the odds, it means that you are betting on an underdog. If it had a minus sign next to the odds, it would indicate that it was referring to the relative favorite.
This is simply a bet on which one of two teams will win a sporting event. It can only be a bet with two possible outcomes meaning that you cannot bet on the moneyline for soccer as this sport features the potential for a draw.
Yes, the moneyline calculator can be used for all football matches in the NFL, college sports, and beyond. Plus you can use it on pretty much any other sport that you can think of.
It depends on what kind of calculator you are using as something like a parlay bet calculator works differently to a moneyline calculator. However, it’s usually just a matter of typing in your stake, entering the odds, and then seeing what your potential returns will be.
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