Moneyline Payout Formula:
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The Moneyline Payout represents the total amount you receive when you win a moneyline bet, including both your original stake and your winnings.
The calculator uses the simple formula:
Where:
Explanation: This formula calculates your total return when you win a moneyline bet by adding your original stake to your winnings.
Details: Understanding your potential payout helps in bankroll management and evaluating the value of different betting opportunities.
Tips: Enter your stake amount and expected winnings in dollars. Both values must be positive numbers.
Q1: What's the difference between stake and winnings?
A: The stake is the amount you bet, while winnings represent your profit from that bet.
Q2: How are moneyline winnings calculated?
A: Winnings depend on the odds. For positive odds: (Stake × Odds)/100. For negative odds: (Stake × 100)/Odds.
Q3: What's a typical moneyline payout?
A: Payouts vary based on odds. Favorites have smaller payouts than underdogs for the same stake.
Q4: Does this calculator work for all sports bets?
A: This specifically calculates moneyline payouts. Other bet types like point spreads may have different calculations.
Q5: Is the stake always returned in winning bets?
A: Yes, in most sports betting, your original stake is returned along with your winnings when you win.