How To Calculate Money Line Payouts

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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.

Money Line Calculator (Implied Probability)

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.

The left chart is to be used for favorites, the right for underdogs.

How To Calculate Payout Ratio

Win % – Percentage of wins required to show a profit at a given money line.

How To Calculate Money Line Parlay Payouts

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).

How To Calculate Money Line Payouts

Moneyline Conversion: Odds to Percentage Chart

How To Calculate Money Line Payouts Per

Money
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
How to calculate money line payouts calculator

Money Line Payout Chart

Spread to Moneyline by Sport Conversion

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