Moneyline Payout Calculator

1. Moneyline Payout Calculator Present Value
2. Moneyline Odds Payout Calculator
3. Moneyline Payout Calculator

What Is A Moneyline Calculator? The Gaming Today Moneyline Calculator allows for quick calculations for any wager amount and payout odds. Using American, decimal, fractional, Hong Kong, Indonesian.

Most gamblers don’t care how a Parlay Calculator works.

But not you.

You are better than most!

On this page you’ll learn how a parlay calculator works and different strategies for improving your gambling skills. Here's the plan:

• To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10. 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10. 2) / 5, which is $4. What is Implied Probability?
• How to Calculate Money Line Payouts. A negative money line is indicated with a ‘-‘ in front of a number, like -230. The number represents the amount of money that would need to be wagered in order to win $100 in profit. So, a -230 money line would require a wager of $230 to win $100 more, for a total payout of $330 ($230 wager + $100 profit).

• How is a parlay calculated.
• Why should I care?
• What is a Parlay Bet?
• Parlay Odds Table.
• Getting Started with Parlay Tips

How is a Parlay Calculated?

Lets start with the math.

The parlay formula is straight forward. You multiply the wager amount along with the decimal odds for each team/fighter then subtract the wager amount.

UFC Parlay Calculation Formula

• Edson Barboza at 1.60
• Israel Adesanya at 2.90
• Max Holloway at 1.40

Moneyline Payout Calculator Present Value

($100 * 1.6 * 2.9 * 1.4) - $100 = $550

For all of us in the US, it’s a bit more complicated because we don’t see decimal odds very often. So we first need to convert the money line odds to decimal odds then plug them into our parlay formula.

The money line-to-decimal formula is straightforward:

1. Favorites - A negative value (-250) money line divide 100 by the number. 100/250 = .4
2. Underdogs - A positive value (+180) money line divide the number by 100. 180/100 = 1.8
3. Add 1 to the value for both favorites and underdogs.
4. Plug these numbers into the parlay formula mentioned above.

Money Line Parlay Calculation Example

• Edson Barboza -165
• Israel Adesanya +190
• Max Holloway at -255

Steps 1 & 2.

Moneyline Odds Payout Calculator

• Edson Barboza 100/165 = .60
• Israel Adesanya +190/100 = 1.90
• Max Holloway at -100/255 = .40

Moneyline Payout Calculator

Step 3 - Don't forget to add the 1.

• 1.6
• 2.9
• 1.4

Step 4 - Plug the numbers into the parlay calculator formula.

($100 * 1.6 * 2.9 * 1.4) - $100 = $550

Why Should I Care How the Parlay Calculator Works?

You should compare the results from this formula to what your sports book is paying to verify you’re getting the proper value on your wagers. If not, consider moving your business elsewhere.

An educated gambler is always a better gambler and with a thorough understanding of basic parlay principles you’ll soon spot profitable opportunities while recognizing common money pits.