Spread Calculator Betting

Spread Calculator Betting




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Spread Calculator Betting
American Odds (-400) Decimal Odds (1.25) Fractional Odds (1/4) Implied Probability (80%)
OddsShark Tools Betting Odds Calculator: See What You’d Win
Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. It indicates how much you will win based on the odds and total wagered. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook .
Below is an explanation on how to bet on sports by using our betting odds calculator to get all the data you need to make the right wagers!
Step 1: Enter your odds. Our calculator supports all major formats:
Most betting sites offer each odds option. It’s entirely up to you which type you prefer. We use the American style here at Odds Shark.
Step 2: Enter the amount of money you wish to bet. Our calculator will take care of the rest. You’ll see how much money you’ll win, and the total payout you’d receive. We set the bet amount to $100, but you can enter any amount you want as long as your bankroll can handle it.
There are three methods of stating odds that most bookmakers and websites support. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is.
Positive Figures (+): The odds state the winnings on a $100 bet. Ex: American odds of +120 would win $120 on a $100 bet.
Negative Figures (-): The odds indicate how much must be bet to win $100 profit. Ex: American odds of -120 would win $100 on a $120 bet.
Decimals quote the potential return should the bet succeed, relative to the stake. If $10 is bet at odds of 4, the total returned is $40 ($10 x 4) and the potential profit is $30 ($10 x 4 minus the $10 stake).
Used mostly in the United Kingdom and Ireland, fractions quote the potential profit should the bet succeed, relative to the stake. If $10 is bet at odds of 3/1, the potential profit is $30 ($10 x 3) and the total returned is $40 ($30 plus the $10 stake).
Odds correlate to probability. A 4/1 bet is expected to win one in every five attempts, therefore the probability is 20%.
The moneyline is one of the most common bets. This is a straight-up bet. All you need to do is pick the winning team.
Let’s say you want to bet on an NBA game. The odds would look something like this:
If you want to wager $100 on the Knicks to win, you would type -120 in the American Odds section and 100 in the Bet Amount ($) section. You’ll see that you’d get a payout of $183.33. You would get your initial $100 back plus your winnings of $83.33.
Totals or OVER/UNDER betting is when you wager on the combined score of the two teams competing in any given game, and whether the total will be OVER or UNDER the sportsbook’s prediction.
The amount that is set by the oddsmakers is based on how they foresee a game unfolding from a scoring perspective.
At betting sites, Totals bets would look something like this:
You would type -110 in the American Odds section to see how much you’d win based on the amount wagered. If you believe the combined score for both teams will be 105 points or more, you would bet the OVER. If you think the combined score for both teams will be 104 points or less, you would bet the UNDER.
For point spread bets , the oddsmaker adjusts the line so that the underdog gets an advantage.
You would enter -115 in the American Odds section if you believe Boston will cover or enter -105 in the American Odds section if you think New York will cover.
If you bet on the Knicks, then they would have to win by four points or more. If you bet on the Celtics, they would need to win outright or lose by three points or less for you to win your bet.
Prop betting is a wager based on occurrences or non-occurrences during a game or season. These incidents may not correlate with the outcome of a game or even the final score unlike point spreads, totals or straight-up bets.
Props are what we call novelty bets because they can consist of individual player or team milestones, and will appear like so at betting sites:
In this player prop, you’re betting on the number of points that James Harden will score in a game. You can bet OVER or UNDER the oddsmaker’s line of 30.5 points for The Beard.
If you bet OVER 30.5 and Harden scores 31 or more points, then your bet wins. If he doesn’t, it loses.
If you bet UNDER 30.5 and Harden scores 30 points or less, your bet wins. If he scores more, your bet loses.
The futures wager is ideal if you’re looking to make long-term bets. You would pick the team below you believe is going to hoist the Larry O’Brien Championship Trophy, and enter their odds in the American Odds section.
Our odds calculator can compute just about everything, including live betting . Live betting lets you wager while the game is going on, for instance to bet on who will score next. However, parlays (more than one bet on a ticket) have a separate betting calculator for more intricate wagers, which allows you to input the odds for each leg of your parlay to quickly calculate the payout of your bet.
American odds, depending on whether there is a negative (-) or a positive (+) sign, indicate either the amount of money you need to bet in order to win $100 or the amount of money you would win for every $100 wagered. Decimal odds represent the amount of money you win for every $1 bet. And Fractional odds are the ratio of the amount of money (profit) won to the amount of money wagered.
7 to 4 odds means that out of 11 possible outcomes, odds are that there will be seven (7) of one kind of outcome, and four (4) of another kind of outcome. For every 11 possible outcome, odds are that seven of them will be a particular event, and four of them will be another event.
A positive number indicates how much a correct wager of $100 would win, while a negative number indicates how much you would need to wager in order to win $100. If there are odds of +170, you would know that a $100 wager could return $170 in winnings, plus you get your initial $100 back.
Copyright © 2008-2022 OddsShark. All rights reserved.
The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team. Odds Shark does not target an audience under the age of 18. Please visit gambleaware.co.uk or gamcare.org.uk for guidelines on responsible gaming.

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Learn how to bet on sports by using our betting odds, odds value, odds converter, and hedging calculators to get all the data you need to make the right wagers.
The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets.
The parlay calculator allows you to input the odds for each leg of your parlay to quickly calculate the payout of your bet.
Using the odds value calculator allows you to see the value which you would expect to receive for a bet based on the probability of that outcome occurring.
The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want.
Using the hedging calculator you can see how you can guarantee yourself a profit on your live bets. Enter your bets and see how much to you need hedge.
The hold percentage is the margin the sportsbook takes on both sides of the game. By calculating the hold, you can determine what percentage of the time you would need to be correct on that bet to make money long term.
The spread to moneyline converter allows you to see the estimated moneyline for a specific point spread
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This Spread to Moneyline Converter is used by bettors to find weak Moneylines offered by sportsbooks. We all love to bet on the spread, but sometimes the moneyline is offering better value. Use this tool so you don’t miss out.  To make the most of this tool, it will pay to look around at different books that offer different odds. You can see a range of odds at-a-glance on our odds page. Or check out the sportsbooks below for the best odds.
This page allows you to find out the fair moneyline odds you should receive based on the point spread a sportsbook is offering. 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.
A moneyline bet is a straightforward wager on which team will win a particular game. 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. They will then assign a set of moneyline odds to each team. Let’s say that Cleveland is scheduled to take on Baltimore in an NFL game. 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. You would need to bet $365 to make a $100 profit by betting on Baltimore on the moneyline. You would make a $305 profit if you bet $100 on Cleveland on the moneyline and the Browns went on to win the game. 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. The substantially larger potential on Cleveland tells you that it is the clear underdog. 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.
Spread betting sees sportsbook operators level the playing field by giving the supposedly stronger team a handicap. If we stick with the example used above, you might find that Baltimore is the 8.5-point favorite in the spread. 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 they won by 8 or fewer points, or lost the game, your bet would not pay out. 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. 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.
The alternative would be to bet on Cleveland +8.5 in this example of a spread bet. 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. However, you would stand a far greater chance of success. Cleveland could then win the game, or lose by up to 8 points, and you would still be paid out, with all rights reserved.
You can use this moneyline and point spread calculator to work out the expected value you should enjoy in moneyline betting. Follow these steps to get quick, clear results using the moneyline converter: 1. Choose the league you are betting on from NBA, NFL, college basketball and college football. 2. Decide whether you want to convert from point spread to moneyline, or vice versa. 3. 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. 4.Enter the spread that the sportsbook is offering. 5. Type in the odds on each side of the point spread bet. This will typically be -110 on the favorite and -110 on the underdog, or -105 if you are using a reduced juice sportsbook. 6. Click on “Calculate.”
The spread to moneyline conversion sports betting calculator will then tell you: “Fave Win” – the implied probability of the favorite winning on the moneyline. “Fave Odds” – the fair moneyline price you should expect to receive on the favorite at sportsbooks based on the point spreads price quoted. “Fave Edge” – the edge sportsbooks are charging you by betting on the favorite. “Dog Odds” – the moneyline price you should expect to receive on the underdog at a sportsbook based on the spread it has quoted. “Dog Edge” – the edge sportsbooks are charging you by betting on the underdog.
Your sportsbook is offering odds of -110 on Miami +6 and -110 on New England +6 in a big NFL game. You can enter this spread to find out the value you should expect by choosing the moneyline instead of the spread. Using this example, you could then enter the following into the moneyline converter: 1. League: NFL 2. Convert From: Spread 3. Odds Type: -110 4. Spread: 6.0 5. Fave Odds: -110 6. Dog Odds: -110 7. Click “Calculate”
The spread converter / moneyline converter tool would then tell you that you should expect to find moneyline odds of -284.8 on the favorite and a moneyline price of +225.2 on the underdog, based on that 6-point spread. If the sportsbook was actually offering +220 on the favorite and -270 on the underdog, you would see that you are not necessarily receiving the correct value on the underdog, but that you have found a good moneyline on the favorite. You could then use our odds comparison tool. If you find odds of +230 on the underdog at a rival sportsbook, that would represent good value.
This moneyline converter helps you spot and capitalize upon weak moneylines at sportsbooks. If the spread on a game, or even on a betting market for entertainment purposes, is pounded down during the build-up to the event, the moneyline might not be adjusted to the actual spread. You can boost your bankroll by using this tool to find the actual moneyline value based on the spread, spot better prices and quickly seize upon them. This sports betting moneyline to spread converter tool helps you quickly find out if you are paying too much juice on either side of a spread bet. You can use it to compare the spread and the moneyline to see which option gives you the best value, and you can compare two or more sports wagering sites to find the one that offers the best true value on your bet.
All sportsbooks offer moneylines and spread betting opportunities on football, basketball and other sports, plus markets for entertainment purposes. However, you should stick to safe, reliable, trustworthy operators that have earned a strong score in the SBR rating guide. Sportsbooks like FanDuel, DraftKings, theScore Bet, Caesars, Circa Sports, and Tipico offer competitive moneylines and spread betting markets, and they will pay you out on time if your football picks and other wagers prove to be successful.
These are all safe, secure operators, with all rights reserved. They take responsible gambling very seriously. Some sites will prey upon individuals with a gambling problem, but the best sites help anyone with a gambling problem to self-exclude and gain the help they need. The shady operators out there will commit copyright fraud and rip off their customers, but there are no safety, security, copyright or trust issues if you stick to one of the books that has received an A+ or an A rating in the SBR best sportsbooks guide, with all rights reserved.
You can then use our moneyline converter to find the best value on offer on moneyline and spread betting markets. You should also try to find a sportsbook with reduced juice lines on spreads such as SBK in Colorado. The sportsbooks mentioned above will also regularly offer attractive moneyline prices, as they vie for supremacy with one another in a competitive market, meaning that you can find plenty of bargains over the course of the season.

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