• Arbitrage Calculator

  Calculates total value attained (positive or negative) from a completed multiway scalp and calculates bet size on each outcome to fully smooth results.

• Freeplay Value Calculator

  Determines the risk-free real dollar profit that may be obtained from betting and hedging a freeplay of given size.

• Half-Point Calculator

  Calculates the value of buying or selling half-points for MLB totals and NBA, NFL, NCAA Basketball, and NCAA Football spreads and totals.

• Kelly Calculator

  Calculates Kelly stakes for bets on up to either 15 simultaneous events or 15 mutually exclusive outcomes of a single event.

• Odds Converter

  Converts betting odds between US, decimal, fractional, percentage, Hong Kong, Indonesian, and Malay formats.

• Parlay Calculator

  This calculator determines parlay payouts as well as associated premiums given a set of underlying bet odds.

• Poisson Calculator

  Calculates win probabilities and odds for one or two variable Poisson-style proposition bets given an underlying win percentage.

• Reverse Bets

  This calculator determines the maximum win and loss amount for a given reverse bet, as well as the situational results based upon whether or not each underlying game wins, loses, or pushes.

• Round Robin Calculator

  This calculator determines the maximum win and loss amount for a given round-robin, as well as the situational results based upon whether or not each underlying game wins, loses, or pushes.

• Spread/ML Converter

  This calculator approximately converts between spreads and money lines for both pro and college football and basketball.

• Streak Calculator

  This calculator determines the probability of losing a streak of wagers over the course of a wager series of specified length.

• Sports Betting Functions for Excel

  A library of Excel functions relevant to advantage sports betting. For advanced users.

Baseball Moneyline Calculator 2020

The.666667 is the amount of money you receive for every $1 you bet. There are two ways you can go about figuring out how much you will walk away with. 1) Take the.66667 (profit/$1) times the amount you bet and add that to your initial bet. Again, let’s say you bet $50. Parlay Calculator A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. Enter the amount of money you wish to bet. Our calculator will take care of the rest. You’ll see how much money you’ll win, and the total payout you’d receive. We set the bet amount to $100, but you can enter any amount you want as long as your bankroll can handle it. To calculate a $50 moneyline wager on the Tampa Bay Rays, input $50 in the “Bet Amount” window and put “+140” in the “American Odds” window. Hit enter or click on the “Convert Odds” button and see.

*Note: All links go to an external site that the tools are hosted on. Marcellus Wallace Capping has no responsibility in the validity or accuracy of the tools and their outputs.

All tools and scripts found on these pages are property of SBR. Please read their Terms of Use

• Across the Board – Wagering on a horse to Win, Place or Show.
• Action – Generic term for the amount of bets placed on a game or sporting event. Also refers to a baseball wager with no pitchers listed.
• ATS (Against the Spread) – A term used to indicate the betting result of an event that takes the point spread into account.
• Bad Beat – A loss that appeared to be a win before taking a turn for the worse.
• Beard – Somebody who places bets for you but conceals their identity.
• Book – Short for “sportsbook,” a book is an establishment that accepts wagers on sporting events.
• Bookmaker/Bookie – A group or individual that takes bets on a sporting event.
• Buck – A $100 wager or “buck” bet.
• Buy Points – The ability a bettor has to pay for a half-point or more off the spread.
• Chalk – The favored team or athlete, also known as the favorite.
• Circled Game – A game in which there are lower limits due to injuries or weather.
• Cover – The act of winning by enough to beat the point spread, in which case you have “covered the spread.”
• Dime – A $1,000 wager or “dime” bet.
• Dime Line – A betting line in which the “juice” or “vig” is 10 percent.
• Dog – A shortened version of underdog, the team expected to lose.
• Dollar – Similar to a “buck” bet or $100 wager.
• Edge – The perceived advantage a sports bettor has before wagering.
• Even Money – A bet without “juice” or “vig” associated with it (i.e. bet $100 to win $100)
• Favorite – The team or individual expected to win a sporting event based on the point spread or moneyline.
• Futures – A bet on a sporting event taking place well into the future, such as wagering on a team to win the championship during the regular season or even preseason.
• Handicapping – Researching sports and specifically statistics to try and pick winners. People that handicap sports are known as “handicappers.”
• Hedging – Betting on the opposite side of a current wager to minimize losses or guarantee a small profit.
• Hook – A half-point.
• Juice – Commission that the sportsbook earns on bets wagered.
• Laying the Points – Betting the favorite by giving up points ATS.
• Limit – The highest amount of money a sportsbook will take on a single bet.
• Lines – Another word used for odds to describe a point spread or moneyline.
• Linemaker – Someone who sets the original or opening line on a sporting event, also known as an “oddsmaker.”
• Listed Pitchers – The pitchers in a baseball bet that must start for action. If one or both of the pitchers do not start, the bet is void or cancelled.
• Lock – A supposed easy winner or large favorite.
• Longshot – A team or athlete that is considered unlikely to win or large underdog.
• Moneyline – A wager selecting a team or athlete to win straight-up without a point spread involved.
• Nickel – A $500 wager or “nickel” bet.
• Nickel Line – A betting line in which the “juice” or “vig” is 5 percent.
• No Action – A wager that is cancelled with money refunded back to the bettor.
• Off the Board – A game bettors cannot currently wager on due to certain circumstances.
• Over – When the amount of combined points/goals/runs scored by two teams finishes above the total posted by a sportsbook.
• Over/Under – A bet on whether the combined points/goals/runs scored by two teams will go Over or Under a number specified by the sportsbook (also called the “total”).
• Parlay – A bet in which multiple sporting events are selected, each of which must win in order for the parlay wager to pay off.
• Pick’em – A game in which there is no favorite or underdog and the side simply needs to win straight-up without a point spread.
• Point Spread – A set amount of points determined by the oddsmaker that the favorite gives or the underdog takes as a handicap to make the game more even.
• Puckline – A point spread of -1.5 or +1.5 in a hockey game with additional moneyline values for the favorite and underdog, respectively.
• Prop Bet – An exotic wager on a game or sporting event beyond the side and total.
• Push – When a game ends with no winner or loser from a betting perspective, landing right on the number based on the point spread or total.
• Runline – A point spread of -1.5 or +1.5 in a baseball game with additional moneyline values for the favorite and underdog, respectively.
• Sharp – A “smart” bettor who seemingly knows more about wagering strategies.
• Side – The team (favorite or underdog) a bettor wagers on to win and cover ATS.
• Spread – Short for “point spread.”
• Straight Bet – A single wager on just one team or athlete.
• Square – A “novice” bettor who is generally characterized as the “public.”
• Steam – A rapid change in the betting line due to heavy wagering.
• Taking the Points – Betting the underdog by receiving the points ATS.
• Teaser – Like a parlay, but the point spreads are adjusted more to favor the bettor, giving less on a favorite or taking more on an underdog in exchange for a lower payout.
• Total – The combined points/goals/runs scored by two teams in a sporting event.
• Under – When the amount of combined points/goals/runs scored by two teams finishes below the total posted by a sportsbook.
• Underdog – The team or individual expected to lose a sporting event based on the point spread or moneyline.
• Vigorish – Another word for bookmakers’ commission or “juice” aka “vig” for short.
• Wiseguy – Similar to a “sharp” or “smart” bettor who is well-informed and knowledgeable.

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Baseball Run Line Odds Calculator

I have been asked a lot in the past about run line odds. The questions range from how it is determined to whether there was value betting them.

A lot of you love betting the runline on those favorites. You can turn a home team that is -135 to +150 if you give up the one run. This is very significant and many of you take the bait and bet on the favorite by turning them into a dog. This gives the bettor an impression that he/she is betting with more value.

But run Line odds are just like ML odds, sometimes there is value but sometimes there isn't. Understanding how to come up with an accurate run line odd requires an understanding of probability and past statistics of baseball winners. To keep all of you from having to to worry about all of that, I am creating this tool to help you convert those moneyline odds and see if there is value betting on the runline.

It is still in BETA VERSION and does not work 100% yet. But you can try it out and give me your impressions.

Your Money Line must be 100 and great or less than -100';};?>
Run Line Odds Calculator - Ver 1.0

Baseball Moneyline Calculator Online

Click to Add This Page to Your Favorites.

Limitations

• Does not really work for spreads around -105, -110, etc.
• This PHP version outputs different value than my personal program.
• National League / American League conversion factors are assumed identical.
• Conversion factors used is identical across the spread ranges even though it realistically not so.
• Does not max out the moneyline spreads to accurate realistic limits.
• DOES NOT WORK for heavy chalk like -200.

Plans for Ver 1.01

• Does not really work for spreads around -105, -110, etc.
• Use realistic limits to the possible moneyline spread ranges.
• Fix it from working for heavy chalk like -200.

Plans for Ver 2.01

• Take into account National League / American League teams.
• Use different conversion factors for different spread ranges.

PLEASE email me further suggestions for improvement = info@easybaseballbetting.com

Baseball Moneyline Calculator 2019

Link to this page and tell your friends about it.

Baseball Moneyline Calculator Free

Baseball Parlay Calculator Moneyline

<a href='http://www.easybaseballbetting.com/getRL.php'>Money Line to Run Line Odds Conversion Calculator</a> - Convert those pesky moneyline odds into runline odds.