Hedge Calculator Examples. There are many examples in sports betting where you may want to hedge (or arbitrage) your original bet. Visit WilliamHill Bet £10 & Get £30 in Free Bets. Supports EW, Dead Heats, Rule 4. If you lose, you can lose more than what you initially put in but the goal ends up … But particularly when live betting, you can lock in profits when the odds have shifted in your favor. Money Line. The Free Bet Calculator is the most advanced online sports bet calculator, allowing you to calculate the stake and profit for an extensive range of bets. OverUnder Pace Calculator This is a great tool for those who bet the over/under. College football moneyline betting is the simplest form of betting. Calculate bet returns for Accumulators, Lucky 15's, Doubles, Trebles, Football, Horse Racing and more. It indicates how much you will win based on the odds and total wagered. Supports EW, Dead Heats, Rule 4. You would get your $100 back along with $200 in winnings. Bet Calculator. At the surface, it is simple. If 100 people bet $10 on Team A, and then one person bets $10,000 on Team B, the line is going to shift to attract action onto Team A. Examples of -110 in Sports Betting. One popular form of sports bet is the parlay, which allows you to combine various games and picks in one bet to increase the odds. 1/2 ivalid input. Top Sports Betting Sites. If you are looking to bet in the traditional American style then this is the market for you. A back price of -105 is always better than -110 on your original bet if you plan to hedge further down the line, so it helps to sign up for an account with reduced juice sportsbooks. For favorites, it is the exact opposite. A NFL money line wager means you’re simply picking a side. You no longer need to manually figure out how much you need to be laying on each side. It’s converted from a percentage to a money line. In order to calculate the potential return from your Money Line bet, simply multiply your stake (the amount you bet) by the decimal odds of the option you are betting on. The most comprehensive and reliable bet calculator. Decimal Odds e.g. When wagering on this brand of betting line, it's usually desirable to avoid taking on too a good deal risk or picking overwhelming favorites who don't pay out well. It's imperative to use live NFL odds for every spread, total and money line for the games in a given week. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit. Your odds of winning any one flip are 50/50. Windy? If all people bet on the favorites, a sportsbook will not be able to pay off all of the players in case they win. Use this calculator during the game to judge the pace of play and see if the outcome will be greater or less than the over/under line. Visit Parimatch Review. By providing more advantageous underdog money lines like in an above example, online sportsbooks create a market for both underdogs and favorites. However, there is no fixed payout table for money line parlay bets because this is a progressive betting system. If you win a bet, you'll spend all your winnings to bet on the next match and this goes on and on. The next step would be to return to this page and calculate Pinnacle’s No-Vig price. Money line bets can seem a little confusing at first, especially for the bettor who has traditionally wagered their money on the point spread. So, for this example, we will take 100 and divide by 155 and get about $0.645 or about $0.65 in profit for every dollar that we bet. The charts below show two different money lines. Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. The odds will list the the favorite in a given game as a negative number (ie. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook. Now, with the betting odds calculator, you can easily figure out the risk versus reward of your wagers. 200. In this example, the moneyline on the favorite Steelers opened at -700 (currently ). Betting on the Money Line. -200) that means you will have to bet that amount to win $100. How to Hedge a Parlay Bet. The Kelly Criterion bet calculator above comes pre-filled with the simplest example: a game of coin flipping stacked in your favor. The betting term Against the Spread (ATS) is not necessary for these types of wagers since the spread is not a factor.. If the number is positive, then you bet $100 to win that amount. Fractional Odds e.g. (>25mph) Cold? Underdogs. If the number is negative, you have to wager that amount to win $100.Sometimes it will be necessary to use a conversion chart to translate the money lines to take advantage of the betting opportunities that spreads in a week. In other words, you'll have to wager more money on Los Angeles than you would Chicago in order collect $100 on a bet. Let’s look at how the concept of -110 works in three popular kinds of bets: Point spreads, money lines and over/unders. There is no such thing as a drawn game, and that counts when it comes to gambling too. BetOnline 50% up to $1000 sign up. You pick the winner, if they win, you cash your ticket. To use our hedging calculator, simply add the price of your pre-game bet under “My Odds” and the bet amount. With college football money line betting you are simply picking which team will outright win the game. Those curious about how much money you can win on your wagers will be eager to try our betting odds calculator. 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