Unlike casino games, sports betting is far more than just luck. Analyzing betting spreads can significantly help boost your decision-making process, and doing it with the help of a betting spread calculator is even better.
Such a tool can prove to be a priceless addition to the sports betting process, helping to calculate possible winnings and the overall probability of the event happening. Bettors are sure to find a betting calculator helpful in the long run, and that’s why our free SportsGambler online calculator is here. So, if you’re not sure where to start, bear with us.
Go to BetMGMBetting spreads, or point spreads, help level the playing field between two teams with different abilities. An oddsmaker sets a spread, which specifies how much a bet on a favorite team must win by for the bet to be successful. On the other side, betting on the underdog wins if that underdog loses by less than the spread or wins the game outright.
To make sure you get all the information before taking advantage of betting calculators, here are the three bet types you should know:
| Bet type | Definition | Purpose |
|---|---|---|
| Moneyline | A bet on which team/player will win the game outright |
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| Points spread | A bet on the margin of victory |
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| Total (over/under) | A bet that involves the combined total score of both teams over or under that number |
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Let’s take a hypothetical NFL game where the New England Patriots are favored to beat the Miami Dolphins with a point spread of -7. In other words, a bet on the Patriots must win by more than 7 points to pay out, while a bet on the Dolphins would pay out if they win or lose by less than 7 points.
So, if you would want to bet $100 on the Patriots with the given spread, here’s what you would get:
| Bet type | Point spread |
| Team | New England Patriots |
| Spread | -7 |
| Odds (American) | -110 |
| Bet amount | $100 |
| Potential payout | $90.91 |
| Break-even % | 52.38% |
With a point spread bet for a -7 spread on the Patriots, you would need to bet $110 in order to win an even $100 with these odds. If the Patriots cover the spread with your $100, you’ll possibly win $90.91. The chances of breaking even in the long run are calculated as 52.38% for -110 odds. Keep in mind that this is just an example and that you might get different results when using a moneyline calculator or any other.
We try to cover all grounds when introducing new tools bettors can use to help them potentially boost their chances of winning, so here’s a guide on how to use this calculator:
Our SportsGamgler experts have collected the advantages and disadvantages of using a calculator to aid in your decision-making process.
Whether you decide on a half point calculator for your bet or not, using this online tool is quite beneficial when assessing the value of your bets. The calculators are designed to handle different bet types and provide instant feedback on potential returns. Here’s what you should know:
A betting spread calculator is a powerful tool that can help boost your overall sports betting experience. It allows you to automate complex calculations while providing detailed data about potential payouts. Additionally, such information can also empower bettors to make more informed and strategic decisions about their betting habits. We advise you to embrace this modern technology to help yourself out in this exciting sports betting world.
The easiest way to calculate betting spreads is by using a betting spread calculator, such as the free one we provide here. It automates the process and simplifies the calculations for you.
While beginners may face a learning curve, betting spread calculators are generally straightforward and easy to navigate once you get the hang of them.
Yes, betting spread calculators can be used for various sports, including football, basketball, baseball, and more. They help in calculating spreads for different types of games and matches.
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