point spread betting payout calculator

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Norway and Serbia meet for the first time since for this crucial qualifier. Read on for all our free predictions and betting tips. Serbia meanwhile, lost only two of their last 13 on the road, drawing four of their most recent seven games on their travels since October

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Point spread betting payout calculator

We've done the homework for you and checked out these sportsbooks. We're confident you'll have a great experience at any of these sportsbooks. MyBookie is an industry-leading online sports betting website, providing a safe and secure place for all your online betting needs. BetOnline , born as BestLineSports. Licensed and registered in Panama City, the company has shed its sportsbook-only skin and developed a racebook, casino, poker room and skilled gaming hub, all under the BetOnline banner.

SportsBetting , domiciled in Panama, operates as its own business, with unique offers, lines and specials. Backend services are supplied by BetOnline. TopBet is an established group that brings innovation and integrity to the table. They are a Curacao-regulated and Philippines-based sportsbook whose management team has decades of experience in the space.

Enter your bets and see how much to you need hedge. The hold percentage is the margin the sportsbook takes on both sides of the game. By calculating the hold, you can determine what percentage of the time you would need to be correct on that bet to make money long term. The spread to moneyline converter allows you to see the estimated moneyline for a specific point spread.

Sports Betting. Best Books. Sports Betting Calculators Learn how to bet on sports by using our betting odds, odds value, odds converter, and hedging calculators to get all the data you need to make the right wagers. Parlay Calculator The parlay calculator allows you to input the odds for each leg of your parlay to quickly calculate the payout of your bet.

American Odds are the default odds at American sportsbooks.

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The calculation changes based on if it is a positive or negative odd. It is important to notice that multiplying by -1 is required to give us the positive payout:. Sportsbooks make money by setting lines that bring in an appropriate amount of wagers on both sides of a bet. The house offers odds that factor in a cut of overall wagers, known as vig, that goes to the sportsbook. A Tampa Bay win in that situation is even more disastrous for the sportsbook.

If the bets coming in on a game are too one-sided, the line on the game will start to move to try to prompt more bets for the other side. Several states now offer both retail and online sports betting, including New Jersey, Pennsylvania, Nevada, Illinois, Indiana, Colorado, and several others.

The top online sport betting brands in the US include the following:. One of the biggest brands to emerge in the booming online sports betting industry, DraftKings Sportsbook offers mobile sports wagering in eight states. The sportsbook offers every imaginable kind of wager across multiple sports. That betting menu includes daily moneyline opportunities on all major US sports leagues, as well as numerous international leagues.

Another huge player in the legal sports betting market, FanDuel Sportsbook offers mobile sports wagering in seven states. Such a tool allows sharp players to compare odds across multiple sportsbooks and only place the most favorable bets. More than a dozen states either currently offer online sports betting or have a launch of mobile sports betting products pending.

New Jersey, Nevada, and Pennsylvania represent the three biggest online sports betting markets in the US. Other states with legal online sports wagering include Colorado, Illinois, Indiana, Iowa, West Virginia, and a few others. The Gaming Today Moneyline Calculator can be used as a valuable resource on any moneyline bet.

Nothing in the terms and conditions of any US legal online sportsbooks prohibits the use of a moneyline calculator. The calculator provides computations that any person could produce with pen and paper but in a much faster and more efficient manner. The implied probability of odds is a Several online sportsbooks offer comprehensive coverage of sports and ways to bet.

Moneyline Calculator. Written By: Geoff Fisk. Moneyline Calculator Fill in the dollar amount for your bet and the American Odds for example and calculate the implied probability and the return on the moneyline. American Odds. Decimal Odds. Fractional Odds. Hong Kong Odds. Indonesian Odds. Malay Odds. The odds converter below will do all that and more with one easy click. Next, you need to know which kind of odds you want to establish for a baseline.

These fractional odds are standard in many parts of Europe and elsewhere, but some bettors might be more comfortable using traditional American odds. It will also show the same odds in decimal and percentage chances of winning implied odds. Decimal odds are also far more common in Europe and other parts of the world. They can be confusing for U. Again, our free odds calculator can easily convert decimal odds to American, fractions or percentage format. At certain online bookmakers, one might find the Los Angeles Lakers with moneyline decimal odds of 1.

What does that mean? Essentially, decimals show the potential payout for every dollar wagered. The Lakers at 1. Simply change the preferred format to decimal, enter 1. A good gambler is looking for value in numbers more so than value in teams or players. Our odds calculator provides those hard numbers instantly, calculated automatically, in all different formats, so that bettors know all the exact numbers before making an informed decision on which outcome to back at their favorite sportsbook.

Then go to our parlay calculator , plug in the odds and see the potential payout. The betting calculator can help with all sorts of wagers. Point spread is the most common form of betting in the U.