Convert Percentage To Moneyline Betting

Sports Betting Spread to Moneyline Converter. The spread to moneyline converter allows you to see the estimated moneyline for a specific point spread. Favorite Spread Odds. Underdog Spread Odds. Estimated Favorite Moneyline. So let's take our example of a moneyline odds offer of -120. Multiplied then by 100, we get the implied probability percentage of 54.5%. Now the calculation for 'plus' moneyline odds, we make the following calculation: 100 divided by (plus moneyline odds + 100).

Have you ever wondered what the chances of a team winning was based off of the money line for the game? That’s a key part of understanding money line bets. First, we have a simple calculator that you can use to plug in any moneyline (American style odds) and quickly get the fair market probability that it implies. We’ve also included a chart below the calculator for reference, and to see how favorites and underdogs compare.

Money Line Calculator (Implied Probability)

1. There’s no point spread involved. There is just an increase in the juice based on the percentage chances of a team winning outright. For example, the money line on a 3-point home favorite in the NFL would have odds like -164 to win the game outright.
2. Here the first number is the amount to be won, and the second number is the stake. So for examples 4/1 is stake 1 to win 4, and 10/11 is stake 11 to win 10. To calculate how much a winning bet will profit, convert the fraction to a decimal and multiply it by the stake.

The following chart shows how likely a team is to win based off the odds. This is helpful in handicapping because you can see just what percentage of your wagers you need to win at each given money line in order to profit.

The left chart is to be used for favorites, the right for underdogs.

Win % – Percentage of wins required to show a profit at a given money line.

Convert Moneyline To Percentage Conversion

For example, you would need to win 80% of all of your bets just to break even if you only bet on -400 money line favorites (over 80% to turn a profit).

Convert Moneyline To Percentage Calculation

Moneyline Conversion: Odds to Percentage Chart

Convert Moneyline To Percentage

Spread to Moneyline by Sport Conversion