1. What is a Moneyline Payout Calculator?

Definition: This calculator determines the total payout and profit for a moneyline bet based on the stake amount and moneyline odds.

Purpose: It helps sports bettors understand their potential winnings before placing moneyline wagers.

2. How Does the Calculator Work?

The calculator uses different formulas for positive and negative moneylines:

Where:

• \( Payout \) — Total amount returned (stake + winnings)
• \( Stake \) — Amount wagered
• \( ML \) — Moneyline odds (e.g., -110 or +150)

Explanation: Negative odds show how much you need to bet to win $100, while positive odds show how much you'd win from a $100 bet.

3. Importance of Moneyline Calculations

Details: Understanding potential payouts helps with bankroll management and comparing value across different bets.

4. Using the Calculator

Tips: Enter your stake amount and the moneyline odds (including the + or - sign). The calculator will show total payout and profit.

5. Frequently Asked Questions (FAQ)

Q1: What does a negative moneyline mean?
A: Negative odds indicate the favorite - how much you need to bet to win $100 (e.g., -110 means bet $110 to win $100).

Q2: What does a positive moneyline mean?
A: Positive odds indicate the underdog - how much you'd win from a $100 bet (e.g., +150 means $100 bet wins $150).

Q3: How is profit calculated?
A: Profit is simply the total payout minus your original stake amount.

Q4: Can I use this for decimal odds?
A: No, this calculator is specifically for American moneyline odds. Use a different calculator for decimal or fractional odds.

Q5: What's the difference between payout and profit?
A: Payout includes your original stake plus winnings, while profit is just the winnings portion.