This is simply a sort of betting odds calculator that takes the odds of different wagers and puts them together to determine the overall odds and the total amount of money you stand to win based on your bet. When it comes to using a parlay calculator, you’ll find. So to get the decimal odds you would calculate 230/130 = 1.77 For American odds with a positive value: Using odds of +150, you would wager $100 to win $150 so the total payout would be $250. 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. Betting Odds Converter & Moneyline Calculator Insert your odds below and the tool will automatically convert them to American, Decimal, and Fractional odds. It will also calculate the implied.

To calculate moneyline odds from decimal odds less than 2.0, divide -100 by the difference between the decimal odd and 1. Then round to the nearest whole number. To calculate moneyline odds from decimal odds greater than 2.0, multiply the difference between the decimal odds and 1 by 100.

When it comes to gambling on sporting events, there are many different types of bet you can place. A quite common one is the parlay. This is a bet that consists of two or more individual wagers. For a parlay to win, each of the individual wagers that make up the parlay has to win. If anyone of them doesn’t win, you won’t win the bet. Generally speaking the more wagers there are that make up the parlay, the lower the odds of winning are, and the higher the payout is. The main reason why these bets are so popular is that the parlay payouts can be quite large indeed.

3 Way Moneyline Baseball

A parlay bet that covers two wagers is often known as a double. Likewise, one that covers three wagers is often referred to as a treble. Due to their lower odds and higher payouts, these bets are great for players who have more cash to spend and enjoy taking a risk. Budget players can still get in on the parlay action by placing bets covering a smaller number of wagers.

It’s important to point out that you can still win a parlay even if not every individual wager results in a win. If one of them is a tie or is postponed, rescheduled or even cancelled, you can still receive a payout so long as all others win. You won't win the full amount, however. If you place a four-team parlay, and three out of four wins with one tie, your bet will pay out as a three-team parlay instead.

Odds for sporting events can get quite complex, especially for those new to sports betting. Combining different odds for different events can get even more confusing. That’s why many people use a parlay odds calculator. This is simply a sort of betting odds calculator that takes the odds of different wagers and puts them together to determine the overall odds and the total amount of money you stand to win based on your bet.

When it comes to using a parlay calculator, you’ll find that there are lots of different ones available to use online. Most of them are set up in different ways, but they all basically just need you to input the odds and payouts of all the wagers that make up the bet. If you’re thinking of placing a parlay bet, it’s always a good idea to use a calculator to see exactly what the payout is.

Baseball is considered a national past time of the United States and is one of the most popular sports to bet online. If you want to learn how to bet on baseball then you should learn about baseball money line betting odds. There are basically three types of display methods for the betting odds at an online betting sportsbook:

• American Odds primarily used in the United States and in Canada
• Decimal odds used mainly in Europe, and part of Canada

Considering that baseball is a national pastime of America, we will use American odds for all of our examples.

* Please see illustration below to help understand money line bets, text explanation follows.

Let’s say the Philadelphia Phillies are scheduled to play against the Pittsburgh Pirates in the Major League Baseball (MLB) – the biggest and the most bet-on baseball league in the world. Our recommended online baseball betting site puts the baseball money line odds at:

• Philadelphia Phillies (-200)
• Pittsburgh Pirates (+170)

The negative sign (-) beside 200 shows that Philadelphia is the favorite to win the match. What this simply means is that if you bet on the Phillies, then you need to bet $200 to win $100.

The positive sign (+) beside 170 shows that Pittsburgh is the underdog in this game. This way, if you bet on Pittsburgh, then you need to bet $100 to win $170. A tempting choice considering the return, but they are the underdogs for a reason, and will most likely lose the game according to what is on paper and previous results; this is not always the case, but good to consider.

Sometimes it is possible that the odds are even. This does not happen very often but would still be useful to know in baseball money line betting. For example, let’s say two of the strongest teams in the Major League baseball (MLB) – the Boston Red Sox is playing against the New York Yankees. Let’s assume that their recent performance and other factors show that both have the same chance of winning:

• Red Sox (+100)
• Yankees (-100)*

In this case, if you bet on the Red Sox, you need to bet $100 to win $100; the same thing happens if you bet on the Yankees. Important Note: It is also good to note that some online bookmakers might display the negative symbol while others might not, regardless of the same money line odds being displayed.

Moneyline Parlay Calculator

Wagering Tips and Strategies

Baseball Moneyline Calculator 2020

An important baseball money line betting tip is to recognize that pitchers are a key to deciding the money line in baseball. Because of this there are actually several ways to bet on the money line. Let’s use an example above of Philadelphia playing against Pittsburgh. Let’s assume Roy Halladay is pitching for Philadelphia and Chris Jakubauskas is pitching for Pittsburgh.

You can bet on a game based on the pitchers. So, in case Roy Halladay becomes suddenly injured and is replaced by somebody less effective, the lines could be changed in favor of Pittsburgh. If you are counting on the pitchers and this change happens, then your bet will become void.

You can also bet on the game as “action”. An “action” baseball money line bet means that if there is an unscheduled change of the pitchers, the payout could be different than the money line odds posted online. So, if you don’t really think that the pitchers will make a significant impact on the lines, you can bet “active” and your bet won’t be void in an instance of an unscheduled pitcher change.

Another useful baseball money line betting strategy is that you can bet on a game based on a pitcher for just one team. You can bet on Philadelphia based on the fact that Roy Halladay will start, but you do not care about other pitchers for Pittsburgh. This way your bet would only be active if Roy Halladay starts for Philadelphia.

Now that you have a better understanding of baseball money line betting, we recommended you make your bets through our recommended list of online betting sites, shown to have proven top service and security.