The Moneyline Odds Calculator is used to determine potential payouts based on the odds format (American, Fractional, or Decimal), the odds offered, and the bet amount.
Moneyline Odds Calculator
Odds Calculator Instructions
- Chose odds format (American, Fractional or Decimal)
- Enter the odds offered by the sportsbook
- Set your desired bet amount
- Click calculate to see the potential payout
What is Moneyline Odds?
Moneyline odds are the most popular type of betting odds used in Colorado. They represent the likelihood of a team or player winning a game by using positive and negative numbers.
- Negative odds (e.g., -150) Indicate the favorite – the amount you need to bet to win $100
- Positive odds (e.g., +130) Represent the underdog and show how much profit you would make from a $100 bet
- Even odds (+100) mean you will win an amount equal to your original bet
How does the Moneyline Odds Calculator work?
The moneyline odds calculator uses a mathematical formula to determine your potential payout. See the below examples:
Positive Moneyline (+140)
(Odds / 100) x Bet Amount = Profit
Example: $100 Bet at +140 Odds
(140 / 100) x $100 = $140 Profit
Total Payout: $240 ($140 Profit + $100 Bet)
Negative Moneyline (-180)
(100 / Odds) x Bet Amount = Profit)
Example: $100 Bet at -180 Odds
(100 / 180) x $100 = $55.55 Profit
Total Payout: $155.55 ($55.55 Profit + $100 Bet)
Moneyline Odds Profit Chart
This chart displays the odds and profit of a $25 and $100 bet if the bet Wins.
|
Moneyline Odds |
$25 Bet |
$100 Bet |
|
-1000 |
$2.50 Profit |
$10 Profit |
|
-400 |
$6.25 Profit |
$25 Profit |
|
-250 |
10$ Profit |
$40 Profit |
|
-150 |
$16.67 Profit |
$66.67 Profit |
|
-110 |
$22.73 Profit |
$90.91 Profit |
|
+100 |
$25 Profit |
$100 Profit |
|
+150 |
$37.50 Profit |
$150 Profit |
|
+200 |
$50 Profit |
$200 Profit |
|
+300 |
$75 Profit |
$300 Profit |
|
+500 |
$125 Profit |
$500 Profit |
|
+700 |
$175 Profit |
$700 Profit |
Moneyline Value & Strategies
Moneyline Value exists when your assessment of a team’s winning probability differs from the implied odds. Use the moneyline calculator to compare odds across Colorado sportsbooks, small differences in moneyline odds add up over time.
Quick Tips
- Implied Probability: All odds have a built-in probability. Compare it to your own prediction to spot value bets.
- Line Shopping: Different Colorado sportsbooks offer different odds on the same game. Always check multiple books before placing your bet.
- Live Betting: Moneyline odds update in real-time during games. Use this calculator to quickly evaluate live odds shifts and spot short-term value before odds adjust further.
- Track Performance: Monitor whether you’re consistently beating closing odds, this indicates sharp betting.
Responsible Gambling
Betting should be fun and entertaining, not a way to make money. Only bet what you can afford to lose, and never chase losses. Set limits on your time and money before you start. If you’re concerned about your gambling habits, read our responsible gambling guide, or visit resources available to help.
Colorado Gambling Help:
- National Council on Problem Gambling: 1-800-GAMBLER
- Problem Gambling Coalition of Colorado: cogamblerhelp.org
Frequently Asked Questions
How do I calculate moneyline payouts?
Our calculator does it instantly, just enter your odds and bet amount. But if you want to do it manually:
-
Positive odds (+150): (Odds ÷ 100) × Bet = Profit. Then add your original bet for total payout.
-
Negative odds (-200): (100 ÷ Odds) × Bet = Profit. Example: $100 at -200 = $50 profit, $150 total payout.
What does +200 moneyline mean?
It’s an underdog bet. A $100 wager wins $200 profit, returning $300 total. The larger the positive number, the bigger the underdog and the bigger your payout if they win. Try it in our calculator with different bet amounts to see how payouts scale.
What does -150 moneyline mean?
It’s a favorite. You must bet $150 to win $100 profit (total payout $250). The larger the negative number, the bigger the favorite and the smaller your payout. Our calculator instantly shows you what you need to risk for any favorite.Frequently Asked Questions
Why do potential profits vary so much between moneyline odds?
Sportsbooks set odds based on probability and money flow. Heavier favorites (-1000) pay less; bigger underdogs (+700) pay more. Use our profit chart to compare expected returns across different odds at a glance.
How accurate is the moneyline calculator for live betting?
Completely accurate. Odds shift second-by-second during games, update the calculator with new live odds to instantly see updated payouts before placing your bet.
Can I use the calculator for decimal or fractional odds?
Yes. Select your preferred format, and the calculator automatically handles conversions. All calculations are identical regardless of format, it’s just a different way of displaying the same odds.
Should I always bet the favorite or underdog?
Neither. Use the calculator to compare payouts, but value comes from line shopping across multiple Colorado sportsbooks. The same odds might differ by 10-20 cents (-150 vs. -140), that’s where long-term profit comes from.
Can I parlay moneyline bets?
Yes, parlays combine multiple moneyline picks for bigger payouts, but they’re also riskier since all picks must win.