“Dog Edge” – the edge sportsbooks are charging you by betting on the underdog.
“Dog Odds” – the moneyline price you should expect to receive on the underdog at a sportsbook based on the spread it has quoted. “Fave Edge” – the edge sportsbooks are charging you by betting on the favorite. “Fave Odds” – the fair moneyline price you should expect to receive on the favorite at sportsbooks based on the point spreads price quoted. “Fave Win” – the implied probability of the favorite winning on the moneyline. The spread to moneyline conversion sports betting calculator will then tell you: This will typically be -110 on the favorite and -110 on the underdog, or -105 if you are using a reduced juice sportsbook. Type in the odds on each side of the point spread bet. 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.Ĥ.Enter the spread that the sportsbook is offering.ĥ. Decide whether you want to convert from point spread to moneyline, or vice versa.ģ. Choose the league you are betting on from NBA, NFL, college basketball and college football.Ģ. Follow these steps to get quick, clear results using the moneyline converter:ġ. You can use this moneyline and point spread calculator to work out the expected value you should enjoy in moneyline betting. Cleveland could then win the game, or lose by up to 8 points, and you would still be paid out, with all rights reserved. However, you would stand a far greater chance of success. Once again you would receive odds of -110, or -105 at a sports betting site with reduced juice lines, so your potential payout would be diminished. The alternative would be to bet on Cleveland +8.5 in this example of a spread bet. 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. 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. If they won by 8 or fewer points, or lost the game, your bet would not pay out. You would then be able to bet on Baltimore to cover the point spread, and the Ravens would have to win by 9 or more points in order to do so. If we stick with the example used above, you might find that Baltimore is the 8.5-point favorite in the spread. Spread betting sees sportsbook operators level the playing field by giving the supposedly stronger team a handicap. The home team is often the favorite in NFL and college football, but that is not always the case, with copyright and all rights reserved. The substantially larger potential on Cleveland tells you that it is the clear underdog. 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. You would make a $305 profit if you bet $100 on Cleveland on the moneyline and the Browns went on to win the game. You would need to bet $365 to make a $100 profit by betting on Baltimore on the moneyline. 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. Let’s say that Cleveland is scheduled to take on Baltimore in an NFL game. They will then assign a set of moneyline odds to each team. 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. What is a Moneyline Bet?Ī moneyline bet is a straightforward wager on which team will win a particular game. 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.
This page allows you to find out the fair moneyline odds you should receive based on the point spread a sportsbook is offering.
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