How do you convert a spread to a moneyline?

How do you convert odds to moneyline?

If the moneyline is positive, it is divided by 100 and add 1. Thus, +400 moneyline is the same as 5.0 in decimal odds. If the moneyline is negative, 100 is divided by the absolute moneyline amount (the minus signed is removed), and then 1 is added. For example, −400 moneyline is 100/400 + 1, or 1.25, in decimal odds.

Do you win more on moneyline or spread?

Betting on favourites against the spread results in better payouts than when taking the moneyline. With underdogs, covering the spread requires winning the contest or losing by a less than the point spread.

How do you calculate moneyline winnings?

To calculate “+” odds, divide the odds by 100 and multiply that product by the amount of the wager. To calculate the payout of a $50 bet on the Buffalo Bills, divide 115/100 and multiply by $50 (1.15*$50=$57.50). A winning $50 moneyline bet on the Bills returns $107.50 total to the bettor.

How does a +7 spread work?

If the spread is set at +7, this means that to cover, the underdog must either win the game outright or lose by fewer than seven points. For the favorite to cover, they must win by more than seven points.

NBA Betting 101 | Converting Point Spreads To Money Lines

What does +7.5 mean in a spread?

If you bet on them to win, they must beat the opposing team by at least 7.5 points. On the opposite side of the wager, the New England Patriots are the underdog to win. To beat the spread, they must close the point gap to within 7.5 points or win outright.

How does +10.5 spread work?

Looking at the underdogs, the Redskins are +10.5 on the spread (10.5-point underdogs), meaning they would have to lose by 10 or less in order for your bet to cash. The Titans are 4.5-point underdogs, meaning they would have to lose by four points or less in order to win.

What is spread total and moneyline?

At its core, sports betting is putting money behind an outcome of your choice and getting paid if that outcome is achieved. If a bet is on the winner of a game, that is called a moneyline bet. If you're betting that a team will win or lose by a certain amount of points, that is called a spread bet.

What does money line of 1200 mean?

What does +1200 mean in betting: This is another example of Moneyline odds for a massive underdog. A $100 bet on a team at +1200 means a payout of $1,200 if successful. What does “minus 160” means: It's the same as -160 and refers to a modest moneyline favorite.

What happens if you bet $100 on a 140 money line?

If a team was at +140, that means you only have to risk $1 to win $1.40 or $100 to win $140. The key thing to keep in mind is that the payouts are constant regardless of how much you bet. To figure out the exact amount of risk/return, just divide the moneyline by 100.

Why bet moneyline instead of spread?

While a point spread requires the team you bet on to win by a specified margin, moneyline does not. However, point spread bets typically have odds somewhat close to even money, meaning you would win about as much as you bet if you won. Moneyline bets have a wide range of odds.

Is Moneyline the easiest bet?

A moneyline bet is one of the easiest and most common bets in sports. All you do is bet on the team that you think will win. If they win, you get money, and if they lose, then you don't get any money. A tie, or push, will result in you getting your wager back without any winnings or losses.

Is it smart to bet moneyline and spread?

Spread betting gives better payout

This bet is harder to win than a moneyline bet. However, there is also potential for a much better payout. Nearly all of the spread betting options that you will find will have odds at -110 for each side.

How do you convert odds?

To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or '1 to 9' or 0.111. To convert from odds to a probability, divide the odds by one plus the odds.

How often does Moneyline win?

How often do moneyline favorites win in NBA? Over the past five seasons, 67.25% of favorites have been successful in the NBA regular season. Home favorites have a slightly higher success rate than those on the road, with 69% of home favorites winning compared to 64.4% of those on the road.

What does 5000 to 1 odds pay?

Clarke, who has season tickets to see the Foxes, had a 10 pound bet ($14), thanks to the 5000-to-1 odds, result in a 50,000 pound ($72,480) pay out.

What does 155 mean on money line?

Example of the moneyline for the NBA

Here's how that translates for winning $100 wagers. With odds of +155, a bet on the Piston returns a profit of $155 for a $100 wager.

What does 260 mean on money line?

When placing a money line bet, there will often be a favorite (-) and an underdog (+). In one case the favorite may be listed at -320 while the underdog may be listed at +260. This means the player would have to wager $320 on the favorite to win $100, for a total payout of $420.

How much do I win if I beat the spread?

Points spread betting: outcomes

If bettors choose correctly and win, a sportsbook will pay the bettor in full amount based on the “price” of the wager, which is most commonly -110. That means a bet for $110 would win $100, or $11 would win $10, and so on.

How do you read a spread?

The point spread is the expected final score difference between two teams. It is represented as both a negative and positive number; if the spread is 3 points, you'll see that as both -3 and +3. The team that is the favorite to win gets the minus-number (-3); the underdog gets the plus-number (+3).

How do payouts work on spreads?

Spread bets typically pay on an almost 1:1 basis against the bettor's stake. Generally speaking, a winning bet will come with a 95.45% return. However, the exact amount of the payout is specified by a second number that you will see displayed next to both team names in a spread bet.

How does the +12.5 spread work?

Oddsmakers have assigned a “point spread” to the matchup, which basically gives the underdog team an artificial “head start”. The Point Spread is +12.5 for Charlotte, which means that when they start the matchup and the real score is 0-0, Charlotte will actually be leading 12.5-0 for the purposes of picking a winner.

What does +8.5 mean in spread bet?

Let's say that a team is favored as 8.5 point favorites or written as -8.5. For the favored team to “cover the spread,” they must win by at least nine points. If they win by eight points or less, it doesn't matter that they won because they didn't cover the spread.

What does a +4.0 spread mean?

For example, with a 4-point spread, the favorite team must win by more than 4 points for bettors to get paid. Conversely, the underdogs can lose by 1, 2, or 3 points (or win the game outright) and still win the bet. However, if the underdogs lose by more than 4 points, the bet is a loss.

What does minus 9 spread mean?

The negative value -9 indicates the Giants are favored by 9 points. The positive value (+9) indicates the Jets are underdogs of 9 points. To place a bet on the favored Giants means they must win by at least 10 points to cover the spread. The underdog Jets can lose by eight points and still cover the spread.