Moneyline Payout Rating: 4,9/5 9243 votes

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.

Moneyline payout formulaPayout

Money Line Calculator (Implied Probability)

Moneyline Odds Payout Chart The following chart shows the potential profits and total payouts per $10 staked at a selection of commonly used moneyline odds. Below we have also put together an infographic explaining all of the information on this page. If one of them is a tie or is postponed, rescheduled or even cancelled, you can still receive a payout so long as all others win. You won't win the full amount, however. If you place a four-team parlay, and three out of four wins with one tie, your bet will pay out as a three-team parlay instead. A moneyline/win bet is a simple wager on who will win a game, race, match, contest, or a fight. It’s really that simple on the surface. If you’ve bet on a team to win the Super Bowl, you’ve to place a moneyline/win bet. If you’ve bet on a boxer of UFC fighter to win a fight, you’ve placed a moneyline/win bet.

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.

Moneyline Payout Explained

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.

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).

Moneyline Conversion: Odds to Percentage Chart

Favorites
Money Line
Money Line
-400
+400
-395
+395
-390
+390
-385
+385
-380
+380
-375
+375
-370
+370
-365
+365
-360
+360
-355
+355
-350
+350
-345
+345
-340
+340
-335
+335
-330
+330
-325
+325
-320
+320
-315
+315
-310
+310
-305
+305
-300
+300
-295
+295
-290
+290
-285
+285
-280
+280
-275
+275
-270
+270
-265
+265
-260
+260
-255
+255
-250
+250
-245
+245
-240
+240
-235
+235
-230
+230
-225
+225
-220
+220
-215
+215
-210
+210
-205
+205
-200
+200
-195
+195
-190
+190
-185
+185
-180
+180
-175
+175
-170
+170
-165
+165
-160
+160
-155
+155
-150
+150
-145
+145
-140
+140
-135
+135
-130
+130
-125
+125
-120
+120
-115
+115
-110
+110
-105
+105
-100
+100

Spread to Moneyline by Sport Conversion

When it comes to gambling on sporting events, there are many different types of bet you can place. A quite common one is the parlay. This is a bet that consists of two or more individual wagers. For a parlay to win, each of the individual wagers that make up the parlay has to win. If anyone of them doesn’t win, you won’t win the bet. Generally speaking the more wagers there are that make up the parlay, the lower the odds of winning are, and the higher the payout is. The main reason why these bets are so popular is that the parlay payouts can be quite large indeed.

Implied

A parlay bet that covers two wagers is often known as a double. Likewise, one that covers three wagers is often referred to as a treble. Due to their lower odds and higher payouts, these bets are great for players who have more cash to spend and enjoy taking a risk. Budget players can still get in on the parlay action by placing bets covering a smaller number of wagers.

Sports

It’s important to point out that you can still win a parlay even if not every individual wager results in a win. If one of them is a tie or is postponed, rescheduled or even cancelled, you can still receive a payout so long as all others win. You won't win the full amount, however. If you place a four-team parlay, and three out of four wins with one tie, your bet will pay out as a three-team parlay instead.

Sports Betting Money Line Calculator

Odds for sporting events can get quite complex, especially for those new to sports betting. Combining different odds for different events can get even more confusing. That’s why many people use a parlay odds calculator. This is simply a sort of betting odds calculator that takes the odds of different wagers and puts them together to determine the overall odds and the total amount of money you stand to win based on your bet.

Payout On Moneyline

When it comes to using a parlay calculator, you’ll find that there are lots of different ones available to use online. Most of them are set up in different ways, but they all basically just need you to input the odds and payouts of all the wagers that make up the bet. If you’re thinking of placing a parlay bet, it’s always a good idea to use a calculator to see exactly what the payout is.