Underdog: Times your wager by (Money line/100), or divide the amount you want to win by (100 / (100/Money line).Win Amount x (-1 x Money line)/100) = Wager.So, if you want to win $40 betting on the Patriots at -390, use the calculation below to arrive at a $156 wager: Favorite: The amount you want to win times (Money line/100).
If you want to figure out money line payouts on your own, here’s how to do it: The calculations are always done for you by sportsbooks. The positive symbol is displaying some, but not all, bookmakers. Even oddsĮven odds are representing by the symbols +100 or 100. However, fractional chances of 5/1 cannot be expressed as a negative number. This is done when the odds are less than even. If the figure is negative, the money line odds are quoting the amount of money that must wagered to win $100. However, a fractional odds of 1/5 cannot expressed as a positive number. A fractional odds of 5/1 would be expressed as +500. Positive figures are odds indicating the amount of money that can won on a $100 stake if the odds are better than even odds. The term “money line” refers to odds on a game’s straight-up outcome without taking into account the point spread. There are two possible outcomes: a positive or negative figure quote. A $100 wager on the underdog New England Patriots, on the other hand, would return $120 if the Patriots pulled off the upset and won the game. To earn $100 on a bet on the Arizona Cardinals, the game’s favorite, sports bettors must place a $160 wager on the Cardinals. The guess is cancelling and the bet is back to the bettor as a push.įor example, the subsequent NFL making a bet money line gives methods to the region a bet on an occasion presenting NFL teams:
If the occasion results in a tie or a draw in which neither making a bet choice win the occasion. In a two-way different money line, a bet is located on both choices, the favorite or the underdog. This is especially true in football since individual game results are less predictable. In most games, the two teams will have closer odds. Given the polar opposite talent levels of the teams in the standings. Money line betting odds get tricky when it comes to determining how much of a favorite they are.
If bookmakers accepted near-even money bets on the Patriots or Dolphins in those circumstances, it would be throwing away free money. When the New England Patriots or the Miami Dolphins play an amateur team, for example, strongly favored. The money line for Super Bowl LIV is an example of a game expecting to be competitive. Games in which the competition predicting to be close will have less fluctuation in the money line odds between the two teams. And because no two teams are the same, money line odds will differ from one game to the next. Online betting money lines are determined by each team’s estimated likelihood of winning the game. The team that is more likely to win (the favorite) is represented by a negative integer, whereas the side that is more likely to lose is represented by a positive integer (the underdog). In online betting, bookmakers split teams into favorites and underdogs. United States bookmakers prefer money line odds, which are commonly referred to as American Odds in online betting The money line odds refer to the integers that display the winning payouts for betting on a game in online betting terminology.