Vegas Money Line Calculator
- Where to Bet:
Sportsbooks can get around the high cost of employing a team of experts by outsourcing the majority of their odds and lines to external, third-party consultants. While this still costs money, it’s definitely cheaper than doing them in-house. One such example is CG Technology, a Las Vegas-based odds consulting firm. Money Line Calculator. Enter the money line price, you do not have to enter the plus sign. ( Enter favorite prices with the minus sign Example -110 ) Do not enter a factor. Enter the amount of you want bet. Hit the Calculate.
A betting odds calculator and converter multiplies the stake by the odds to determine the potential profit on your sports betting wagers. Simply enter your stakes and odds, and our tools will tell you how much profit you should expect to receive using American, fractional or decimal odds.
How to bet NFL Las Vegas Money Line Odds
If your team wins, you win!
A NFL money line wager means youre simply picking a side. The betting term Against the Spread (ATS) is not necessary for these types of wagers since the spread is not a factor.
Similar to our Spread and 1st Half Odds, every matchup is listed in order of Rotation and those numbers are preceded by the Date and Time of the NFL game, every matchup is listed in order of Rotation and those numbers are preceded by the Date and Time of the NFL game.
The Rotation for NFL games typically lists them by scheduled starting time as there are normally no more than three games in a day. Home teams are listed at the bottom and will therefore be your even-numbered squad.
The numbers next to the teams are based on a scale where $100 is the key figure. Favorites are the teams with the minus (-) sign next to their figure, which represents what it would take to win yourself $100 with the favored group. The team in the Underdog role has the plus (+) symbol next to the amount you would be able to win by wagering $100.
How to read NFL Las Vegas Money Line Odds
In this example, the Cleveland Browns were listed as a 5.5-point favorite against the Tennessee Titans. Looking at this from a money-line standpoint, Cleveland is a -245 favorite to win the game straight-up, compared to Tennessee at +210 to win the contest.
Cleveland -245 (Bet $100 to win $40.80)
Tennessee +210 (Bet $100 to win $210)
That number is set by oddsmakers after the spread is established but changes throughout the week based on the amount of money coming in on bets.
In this contest, Tennessee actually upset Cleveland, 43-13 in easy fashion to cash at +210 Money Line Odds. If you bet $100 on Tennessee to win the game outright, you receive the $210 for the winning ticket, plus getting back the $100 you placed on the game for a $310 victory.
However, going for it all by taking underdogs on the Money Line instead of taking the points turns out to be a tough pill to swallow.
In the 2019 season opener, Philadelphia closed as a hefty 10-point home favorite against Washington. The Eagles were -500 on the Money Line, while Washington was a juicy +425 to pull the road upset.
Philadelphia -500 (Bet $500 to win $100, Betting $100 wins only $20)
Washington +425 (Bet $100 to win $425)
Washington actually led this game, 20-7 at halftime, but was outscored, 25-7 in the second half to lose to Philadelphia, 32-27. If you took the points with Washington, you were a winner. However, if you backed Washington on the Money Line, you walk away with nothing as it lost the game straight-up.
The VegasInsider.com Parlay Calculator is a great tool to see what kind of return you can create while avoiding the pitfalls of risk. Just avoid the upset.
Using the Parlay Calculator for How Much Does a Number of Teams Pay
Our free parlay calculator above will help you figure out the payouts you should be receiving once you enter the odds on each one of your bets. Using the parlay calculator is extremely easy.
All you have to do is type in the money lines for each one of your wagers (most spread bets will be -110) and then enter the amount you want to bet on the parlay. Once you hit Calculate the payout field will populate with how much you are going to win if every leg of your parlay hits.
For example. Let’s say you want to be a $100 4-team parlay on the Packers -7 -110, Patriots -8 -110, Steelers +3 -120, and the Lions +3 -115. In Team #1 I enter -110, Team #2 -110, Team #3 -120 and Team #4 -115. Leave the rest at 0. Then in the wager amount enter 100.
Once you hit calculate the payout should display 1149.21. This means that your $100 4-team parlay on those teams should earn you $1,149.21 when it hits!
Parlay Payouts & House Edge Depending on Number of Games
Vegas Moneyline Calculator
| # of Teams | Actual Odds | Las Vegas Payout | Online Payout |
|---|---|---|---|
| 2 | 3/1 | 2.6/1 | 13/5 |
| 3 | 7/1 | 6/1 | 6/1 |
| 4 | 15/1 | 10/1 | 12.28/1 |
| 5 | 31/1 | 20/1 | 24.35/1 |
| 6 | 63/1 | 40/1 | 47.41/1 |
| 7 | 127/1 | 75/1 | 91.42/1 |
| 8 | 255/1 | 150/1 | 175.44/1 |
| 9 | 511/1 | 300/1 | 335.85/1 |
| 10 | 1027/1 | 700/1 | 642.08/1 |
Vegas Money Line Calculator
What is a Parlay?
A parlay is a single bet that links together multiple events for a higher payout. The more teams that you tie together the higher your payout is going to be, but the risk also grows since if just one of your legs loses, the bet is a loser. It doesn’t matter what happens in the other games.
If one leg of your parlay ties, pushes, is cancelled due to postponement, cancellation, rescheduling, then the wager reverts to the next lowest number. For example a 3-team parlay with a push gets graded as a 2-team parlay with the other two legs.