Moneyline calculator
Type any moneyline price, like -150 or +130, and see the win chance it implies — plus the same price in other odds formats.
That win chance has the sportsbook's cut baked in, so the real chance is a little lower — compare it with your own estimate to judge the price.
Favorites are negative (-150), underdogs are positive (+130)
How to read a moneyline
A moneyline is the simplest bet in sports: pick which side wins the game. There's no point spread, so a one-point win pays the same as a blowout.
A minus price marks the favorite and a plus price marks the underdog. The number says how much money the bet moves:
| Price | You risk | Profit if it wins | Win chance it implies |
|---|---|---|---|
| -150 | $150 | $100 | 60.0% |
| -110 | $110 | $100 | 52.4% |
| +130 | $100 | $130 | 43.5% |
| +150 | $100 | $150 | 40.0% |
-150
- You risk
- $150
- Profit if it wins
- $100
- Win chance it implies
- 60.0%
-110
- You risk
- $110
- Profit if it wins
- $100
- Win chance it implies
- 52.4%
+130
- You risk
- $100
- Profit if it wins
- $130
- Win chance it implies
- 43.5%
+150
- You risk
- $100
- Profit if it wins
- $150
- Win chance it implies
- 40.0%
Why both prices add up to more than 100%
Turn both teams' moneylines into win chances and add them: they'll total a few points over 100%. That extra — usually 4–6% — is the sportsbook's cut (the "vig"). It's why an evenly matched game is priced -110 on each side rather than even money.
Each book sets its own cut, so the same team can be -145 at one book and -160 at another. Checking a couple of books before you bet is the simplest way to pay less for the same bet.
Common questions
Are moneyline bets better than spread bets?
Neither is inherently better. Moneylines reward picking winners outright; spreads narrow the margin. Pick whichever price is more generous than your own estimate of the chance.