Moneyline Calculator
Enter a moneyline price and your stake to see the exact payout, profit, and win probability.
This calculator shows what a moneyline bet pays. A moneyline (also written money line) is a straight bet on who wins, with no point spread. Enter the price and your stake and you get your profit, total payout, the decimal odds, and the implied win probability the price is asking you to beat.
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How the Moneyline Calculator works
What is a moneyline bet?
A moneyline bet is the simplest wager in sports: you pick the team or player to win, straight up. The price is shown in American odds. A negative number (like -150) is the favorite and shows how much you must risk to win $100. A positive number (like +130) is the underdog and shows how much you win on a $100 bet.
How to calculate moneyline bets and payouts
For a favorite at negative odds, profit = stake × (100 / |odds|). For an underdog at positive odds, profit = stake × (odds / 100). Your total return is that profit plus your original stake back. So $40 on -200 wins $20 and returns $60, and $40 on +200 wins $80 and returns $120. The calculator does both directions instantly.
Favorite vs underdog math
At -150, a $100 bet wins $66.67 (you risk more to win less because it is the favorite). At +150, a $100 bet wins $150 (more reward for the riskier underdog). The bigger the negative number, the heavier the favorite; the bigger the positive number, the longer the shot.
Moneyline converter: decimal odds and win percentage
The calculator also converts the moneyline as you type. To decimal: +150 becomes 1 + 150 / 100 = 2.50, and -150 becomes 1 + 100 / 150 = 1.67. To a percentage: -150 is 150 / 250 = 60% and +150 is 100 / 250 = 40%. That percentage is the break-even win rate for the bet.
Get a better moneyline on BettorEdge
Every sportsbook moneyline has the vig built in, so the two sides never add up to a fair 100%. On BettorEdge you take the moneyline against another bettor instead of the house, so the price is sharper and more of the win stays yours.
Moneyline payout chart: favorite vs underdog
What a $100 moneyline bet wins on each side of the same number, and the win rate each price implies. The favorite risks more to win less; the underdog wins more on the same stake. Add the $100 back for the total payout.
| Favorite | $100 wins | Implied | Underdog | $100 wins | Implied |
|---|---|---|---|---|---|
| -110 | $90.91 | 52.4% | +110 | $110.00 | 47.6% |
| -120 | $83.33 | 54.5% | +120 | $120.00 | 45.5% |
| -130 | $76.92 | 56.5% | +130 | $130.00 | 43.5% |
| -150 | $66.67 | 60.0% | +150 | $150.00 | 40.0% |
| -175 | $57.14 | 63.6% | +175 | $175.00 | 36.4% |
| -200 | $50.00 | 66.7% | +200 | $200.00 | 33.3% |
| -250 | $40.00 | 71.4% | +250 | $250.00 | 28.6% |
| -300 | $33.33 | 75.0% | +300 | $300.00 | 25.0% |
| -400 | $25.00 | 80.0% | +400 | $400.00 | 20.0% |
| -500 | $20.00 | 83.3% | +500 | $500.00 | 16.7% |
Have a point spread instead of a moneyline? The spread to moneyline converter turns one into the other.
Frequently asked questions
How do you calculate a moneyline payout?+
For negative (favorite) odds, profit = stake × 100 / the absolute odds. For positive (underdog) odds, profit = stake × odds / 100. Add your stake back for the total payout. Enter your numbers above and the calculator does it for you.
What does a -150 moneyline pay?+
A $100 bet at -150 wins $66.67 in profit, for a $166.67 total return. -150 implies about a 60% win probability.
What does a +200 moneyline pay?+
A $100 bet at +200 wins $200 in profit, for a $300 total return. +200 implies about a 33.3% win probability.
How do you convert a moneyline to a percentage?+
For a negative moneyline, divide the number (without the minus sign) by itself plus 100: -150 is 150 / 250 = 60%. For a positive moneyline, divide 100 by the number plus 100: +150 is 100 / 250 = 40%. The calculator shows it as the implied win %.
Is the moneyline calculator free?+
Yes, it is free and needs no signup. When you want to bet that moneyline at a better price, you can do it peer-to-peer on BettorEdge.