Moneyline Bet Calculator
Parlay Calculator. Parlay betting – also known as parley or an accumulator, depending on where you call home – is one of the most popular options in sports betting. A positive moneyline is how much profit a winning bet will pay per $100 staked. A negative moneyline is how much a player needs to stake in order to win $100. +175 means risk $100 to win $175 profit and -183 means risk $183 to win $100 profit. The Moneyline system, sometimes referred to as American Odds, is used throughout the United States of America. Reading the odds varies depending on whether there is a minus (-) sign or a positive (+) sign displayed before the price. If a minus (-) is displayed, this number represents the total amount that is needed to be staked to win $100.
How to use the DonBest.com Parlay Calculator. In the boxes under 'Odds' enter the moneyline odds of each game in your parlay. If you choose a favorite, you must enter the moneyline with a minus (-) sign at the beginning (e.g. Note: Most standard pointspread and total wagers have -110 moneyline odds.
In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a money line bet listed as “Money Line” or “ML” in different spaces.
Money lines are represented in negative and positive values.
Negative money line: -145, -220, or anything similar
When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game.
That number also indicates how much money you need to bet/spend in order to win $100.
For example, a -220 money line means you need to bet $220 in order to win $100 provided the team you bet on actually does win.
Heavy favorites are known in sports betting as a “chalk” pick. A heavy favorite usually has a number pushing +300 or more. Here, you’re wagering a lot on the favorite to win a little. Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner…
Positive money line: +145, +220, or anything similar
Betting Moneyline Parlays
When you see a plus (+) sign in front of a price, it shows you that team is the underdog. Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers.
The number also indicates how much money would win in comparison to every $100 you wager.
For example, a +150 money line means you would win $150 for each $100 wager you place should that team win the game.
Money line examples:
Money Line Bet Payout Calculator
Lets use an NFL example here:
New England Patriots -240
Miami Dolphins +220
Moneyline Bet Calculator Online
To bet the New England Patriots to win on the money line, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit.
To bet the Miami Dolphins to win on the money line, you would spend $100 on the bet for a chance to win $220 if the Dolphins, as the underdog, beat the Patriots. Your return would be $320 – the original $100 stake (bet) and the $220 profit.
In both situations, it doesn’t matter if the team you bet on wins by one point or 100 points. You’re purely betting on the team you believe will win the game. As Al Davis said, “Just win, baby.” That’s exactly what you’d be looking for out of your selection. It doesn’t have to be pretty, it just has to happen or your original stake is lost.