A free moneyline bet calculator is an essential tool for bettors like you who want to make informed decisions. You’ll be able to see at a glance what your potential returns are, and palace you wagers accordingly.
In this short guide I’ll cover why and when you might need a moneyline odds calculator, as well as how you can avoid any silly errors - as any calculator is only as good as the information you put in. This will leave you ready to put this tool to use, and help you have a better overall betting experience.
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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.
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.
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:
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.
As I mentioned earlier, this calculator can help across the board for all types of bettors, as I'll briefly outline below:
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.
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.
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.
Go to BetMGM
Go to BetMGM
