# Money line calculator betting on sports

24.05.2020

Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. See what your total payout and winnings will be. A parlay is a type of wager in which you can link two or more bets into a single wager to boost your potential payout. To calculate a parlay, click the dropdown. Parlay calculator for sports betting to find the odds and payout for your parlay bets. Find out how much you can win from sports betting parlays with our. SHELBOURNE PARK BETTING SITES

You can use the hedge calculator as an arbitrage calculator too. Once you think you have spotted a discrepancy in the odds at rival sportsbooks, you can enter the odds offered on one outcome at a particular sportsbook into the calculator. Then enter the amount you might like to stake on that bet.

Think of this as your original bet. The arb calculator will then tell you the bet amount required — how much you need to stake on the second bet to lock in a profit. You can then go back and change the stake on the original bet if you so desire, and the arbitrage betting calculator will continue to tell you the bet amount you need to wager on the second bet to lock in a profit Our hedging calculator and arbitrage bet calculator allow you to insert decimal odds or American odds, as we know that some arbitrage bettors prefer to use decimal odds when calculating a bet amount, back price, lay bet and so on.

Sports betting fans can enter their hedge bet in decimal odds, the hedge odds on the second bet and quickly learn how you need to wager to ensure the bet wins either way. There are several reasons why two rival sportsbooks might offer different odds on the same game. The odds compilers at one book might read the game differently to their counterparts at another book. One sports betting site might offer above average odds on a particular team in order to stand out from its rivals.

This is common among new, ambitious sportsbooks. A sportsbook could simply be slow to react to a shift in the market, or an odds compiler may have made a mistake. Either way, you can use arbitrage in betting to seize upon these discrepancies and guarantee that you make a handsome profit. Different Hedging Opportunities There are many different forms of hedge bets, including futures, parlays, pre-game line changes and live bets. Futures wagers often provide numerous ways to hedge odds and secure a guaranteed return.

Then, you could have used our hedge odds calculator to tell you how much you needed to wager to make a maximum hedge profit by placing a hedge bet. A live bet is another great way to secure a risk-free profit by using a hedge bet. However, you might still be fearful of a Lakers comeback. A hedge will essentially decrease your risk while maintaining some amount of profit.

It can also be used to ensure that you make a profit if one outcome occurs, and face a smaller loss if it fails. Hedge bets can be used to ensure that your bet wins either way, or to lower your risk if your preferred option fails. A hedge bet is a crucial tool in the arsenal of pro handicappers. It also calculates the implied probability of the bet and the profit if the bet wins.

To Win:? Enter the amount of money you want to win with your wager. American Odds? Be sure to enter the minus sign - if applicable to your odds. Decimal Odds? Decimal odds are displayed as a number greater than one, usually with up to two decimal points 1. Error Total Payout? This is the amount you will receive if you win your bet original wager amount plus profit.

More betting tools: Parlay Calculator Understanding betting odds The way sports betting odds are presented can differ between American, Fractional, and Decimal. While they all mean the same thing, understanding how they work with your wager can be tricky. Use our betting odds and moneyline calculator tool above to convert these odds and learn more about them below. Bets with higher implied probability are given a higher negative value. Bets with lower implied probability are given a positive value.

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How To Calculate Sports Betting Payouts: Betting 101

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