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Money line sports betting calculator


money line sports betting calculator

Another Gambling Odds Calculator Example. You might see an online bookmaker offering decimal odds of on the LA Lakers to win on the moneyline against the. Sports betting odds and lines specify the implied probability of an outcome and how much money can be won. Odds can refer to moneyline, spread or total bets. For example, if you want to bet $ on the Cincinnati Bengals' moneyline odds and know their American odds (+), insert those odds into the calculator. SPORT BETTING ONLINE UK DICTIONARY

Decimal odds explained Decimal odds are the preferred variation for most countries outside of the U. Instead of using positive and negative values or fractional equations, decimal odds display a simple value that you multiply your bet amount by to calculate your profit money won and overall return profit and original risk amount. Fractional odds explained Fractional odds are most common in horse racing and futures markets. You can also define your odds conversion to a specific bet amount to see your expected profit if that wager should win.

Odds with lower implied probability have larger risk and therefore pay out more compared to odds with higher implied probability and lower risk. FAQs How do you convert American odds to decimal? How do you convert American odds to fractional? How do you convert decimal odds to American? For decimal odds of 2. For decimal odds between 1. How do you convert decimal odds to fractional? How do you convert fractional odds to decimal?

How do you convert fractional odds to American? Can I see the probability of winning my bet? You can mix and match various odds formats. For Decimal odds that are higher than include the decimal point or it will be interpreted as American odds. Learn about the Compare Lines Calculator This is the Compare Lines Calculator at Unabated which allows you to find the better price between two betting lines. It works for both betting spreads and totals and you can input either American, Decimal, or even Fractional odds.

To learn more about how to use this betting calculator, click the Teach Me link. We have an explainer video in the Teach Me link above. It should explain everything. Is vigorish house edge factored into this? Vig is not factored in because you are comparing two prices. Make sure that you are comparing apples to apples by having a vig or vig-free price for each of these.

In comparing totals, you can enter both the Over and Under price to get a more accurate answer. You can also remove the vig from these lines via the Remove Vig button.

Money line sports betting calculator betting definitions each way betting


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Money line sports betting calculator forex graphs explained

Sports Betting: How to Read the Moneyline and Total

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