Our moneyline bet calculator will automatically get the possible payout for single events/games by simply inputting your wager and bet selections.
What is a Moneyline Bet Calculator?
A Moneyline Bet Calculator, also called a straight bet calculator works out the returns from any straight bet. The total profit or loss can be worked out by inputting the odds taken and the outcome of the event into the straight bet calculator.
How to Use the Moneyline Bet Calculator
You can use the straight bet calculator by inputting the odds of your selected bet and changing the outcome of the event on the dropdown box. You then enter your desired wager amount and can check the total return and profit.
Step by step:
- Insert the Odds of your selected bet (decimal/fractional/american format)
- Select if you want it to be an Each Way – yes or no
- Select the outcome of the bet (win, lose, void).
- Insert your wager.
The moneyline calculator will automatically display the outcome for the odds, bet selections and wager that you inserted.
How Can You Benefit from a Moneyline Bet Calculator?
Calculate potential payouts:
A straight bet calculator – or any type of sports betting odds calculator – can help you quickly calculate how much you stand to win on a particular bet. By entering the odds and the amount you want to bet, the calculator can give you an estimate of your potential payout.
Compare odds:
A straight bet calculator can also help you compare odds from different sportsbooks. By entering the odds for a particular bet at multiple sportsbooks, you can see which one offers the best payout.
Manage bankroll:
A straight bet calculator can help manage your bankroll. By entering your bankroll amount and the amount you want to bet, the calculator can show you how much you will have left after the bet. That allows you to make informed decisions about how much to wager.
Avoid mistakes:
Finally, a straight bet calculator can help you avoid mistakes. By double-checking your math and ensuring that you are betting the correct amount, you can avoid costly errors and make more informed decisions about your wagers.
Main Features of the Moneyline Calculator
Win and each way: in our moneyline calculator you can get the potential outcome for both ‘win’ and ‘each-way’ bets so that bettors can adapt their selection to their betting choices.
Comparison of Different Bets: Our moneyline calculator allows you to compare potential outcomes by entering multiple scenarios and saving the results. This helps you to decide which bets might be more profitable or safer for you.
Support for Various Sports: Our moneyline calculator is comprehensive. It supports different sports, as moneyline betting is popular across a range of activities including football, basketball, baseball, and more.
Types of Single Bets Supported by the Moneyline Calculator
Regardless of the type of single bet, a straight bet calculator can help you calculate the potential payout and profit from this bet.
Common types of single or straight bets include:
- One event bet: A bet on which team or player will win a game or match outright.
- Point spread bets: A bet on which team will win or lose a game, with a point spread involved to level the playing field between the teams.
- Totals (Over/Under) bets: A bet on the total number of points or goals scored in a game or match, with the option to bet on whether the total will be over or under a specified number.
- Futures bets: A bet on the outcome of a future event, such as a championship or tournament winner.
FAQ – Moneyline Bet Calculator
How Is the Payout Calculated for a Single Bet?
For a straight bet payout to be calculated, an example could be if you bet on the moneyline at 2.5 with a $100 wager, the calculator would calculate $100 x 2.5 = $250 return, minus the initial $100 means you are left with $150 profit.
Can I Use the Single Bet Calculator for Different Sports?
Yes, you can use the straight bet calculator on any 1 outcome bet on any sport.
How Do I Enter My Wager Amount in the Single Bet Calculator?
The wager can be entered and edited in the box labelled ‘wager/stake’, you can enter the odds above and play around with the desired wager in order to calculate your chosen bet to place on the companies website
Do I Need to Create an Account to Use the Straight Bet Calculator?
No, it’s completely free. Use the straight bet calculator to bet smarter by analyzing your bets before, during or after placing.
