Moneyline calculator pros and cons
- See at a glance you potential profit
- Make informed betting decisions
- Easy to use
- Human errors when inputting figures
What is a moneyline bet?
First things first, before you can use our free moneyline bet calculator, you’ll need to know what a moneyline bet is so I’d better explain. Chances are you already do, you just might not have heard it called that before. It’s a straight bet - or just betting on team or individual to win a game, contest or league, or any other straightforward outcome.
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Using a moneyline calculator
Regardless of how long you’ve been betting, or whether you are just a casual bettor or one that takes things more seriously, knowing how much you might win from a successful wager is pretty central to the whole process. So while you might not be ready to use a
betting spread calculator
or a toll to work out your betting ROI just yet, you’ll certainly have a use for a moneyline percentage calculator.
Simple and easy to use
The free moneyline bet calculator on this page is designed to help you see quickly what the potential returns from your moneyline bets are almost instantly so you can decide if a bet is for you or not. As you can see, the calculator has options for just about every odds format around, but don’t let that worry you, you just need to enter it into the correct box. If you don’t know which type of odds you are looking at - here’s a quick breakdown of the three you are most likely to be using:
| Odds Type | What They Look Like | Brief Description |
| Decimal | 1.70 | Used in UK/Europe and shows the total payout you will potentially get for every unit staked, including the original stake. |
| Fractional | 7/10 | Used worldwide and shows the profit relative to the stake. The first number is the potential profit, while the second number is the stake. |
| American | -142 | Positive odds show how much profit you would make on a $100 bet, while negative odds indicate how much you need to bet to win $100. |
Once you know what you’re looking at, you can:
- Add your stake at the top
- Enter your odds in the right box
- Hit calculate to see the results
You’ll also be able to see the odds you enter appear in all the other formats too, which can be very useful if you want to shop around for the best odds across various markets. That said, I’ll mention the same caveat that applies to all our
betting calculators. This is that they are only as good as the data you put in, so check for finger fumbles before acting on the results, and the most common mistake is human error.
Who would benefit from using a free moneyline bet calculator?
As I mentioned earlier, this calculator can help across the board for all types of bettors, as I'll briefly outline below:
- Experienced bettors
- if you want to know your potential profit quickly for straight bets, then this can save you time and you can see your returns in seconds. It’s not a complicated tool though, which means for spread betting you might be better off with a spread to moneyline calculator, and if there are multiple selections a moneyline
parlay calculator
would be more suitable.
- New bettors
- if you’re feeling nervous because you’re not sure how it all works just yet, a moneyline calculator can tell you what your returns might be quickly and easily. This not only gives you some reassurance you know what is going on, you can make a decision about whether you want to take a particular bet or look at others instead.
A moneyline calculator is a vital aid for new and experienced bettors, so we’ve made the free one on this page as simple to use as possible. Regardless of which form your odds are in, you can enter them and your stake and see your potential profit, making it easy to see if a bet is for you or not. This will speed things up for experienced bettors, and take the uncertainty out for you if you are still finding your way. If you’ve found this type of
odds calculator
useful. you’ll be pleased to know we have one for all situations, so you have nothing to lose by checking those and the rest of the resources here in the betting school out.
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Moneyline calculator FAQs
⚽ Can I use a moneyline calculator for soccer bets?
Yes, a moneyline calculator can be used for all types of sports where you want to place a single bet and see the potential returns. If your wager includes more than one selection, you will need to use a parlay calculator to calculate your potential winnings.
The short answer is that it depends on the calculator, but the better ones have options for at least the three most popular formats - decima, fractional and American.
🏆 Can newbies use a moneyline calculator?
Yes, a moneyline calculator is one of the most simple to use, and can tell you your potential profit in moments. You do have to make sure you enter the odds and your stake correctly though, so always check your numbers.
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