Moneyline Payout Calculator
Enter any moneyline odds and see your exact payout, profit, and break-even win rate.
Understanding Moneyline Bets
Moneyline is the simplest bet type — pick the winner, no point spread. Negative odds (-150) indicate the favorite: bet $150 to win $100 profit. Positive odds (+150) indicate the underdog: bet $100 to win $150 profit. The larger the negative number, the bigger the favorite. The larger the positive number, the bigger the underdog.
When to Bet the Moneyline
Moneylines offer value when you believe a team will win outright but the spread is risky. For example, if a team is -3 (-110) on the spread but -150 on the moneyline, the moneyline costs more per dollar of profit but eliminates the risk of winning by only 1-2 points. In low-scoring sports (baseball, hockey, soccer), moneylines are the primary bet type.
In MLB, moneyline underdogs with odds between +130 and +180 have historically been the most profitable bet type, returning +3-5% ROI over large samples. The public overvalues favorites in baseball, creating consistent value on dogs in this range.
