Plus Minus Betting Calculator

Posted By admin On 13/04/22

You can use our betting calculator to check what the odds mean in percentage terms. To break even betting on an outcome that is predicted to hit at a 60% rate you need to be getting odds of -150. If you’re getting better odds, i.e., -150 to a positive number (+100), then it’s a +EV bet to make, and you should place the bet. A point spread is a bet on the margin of victory in a game. The stronger team or player will be favored by a certain number of points, depending on the perceived gap in ability between the two teams. A minus sign (-) means that team is the favorite. A plus sign (+) means that team is the underdog.

This calculator allows you to quickly understand the value of buying or selling half-points when betting on popular sporting events. You can use it for NBA spreads and totals, NFL spreads, NCAA. An odd with a plus sign means how much you could win with a stake of 100 dollar. Does the odd show a minus sign it means how much you have to place to earn a profit of 100 dollar. Example: Odd +250 At a stake of 100 Dollar you can win 250 Dollar.

Use the Overround Calculator here

Selection name

Probability

Plus Minus Betting Calculator

Book %:
Overround:

What is overround?

Overround, also known as the book percentage, is the combined total of priced probability across all outcomes on a single event. The price of each event in a given market directly correlates to the percentage chance of that event winning. The overround adds all these percentages to give the bettor an idea of the formulation of the market. In a perfect world, these totals would add up to 100%, however in order for bookmakers to make profit on markets, it is not uncommon to see markets in the range of 120% - to 130%, and these are the markets bettors should try and avoid, instead trying to side with markets that closer to 100% and giving less of a margin to the bookmakers. In main markets such as moneyline and spread betting, the overround is typically low compared to prop bets such as to score the first basket because these prop bets have a higher variance so in order for the book to make consistent profit, they make the overround on these markets higher. Furthermore, in parlay bets, overround is compounded making the margins even greater for sportsbooks.

Using this calculator you can enter the prices of the events in a given market and produce the overround percentage of the market, showing you whether your pick and the market in total is offering a value opportunity.

Moneyline Odds Calculator

Convert the amount wagered and the odds into possible winnings. Works in reverse too. Enter the amount you want to win and the odds to see the amount you need to wager. Use American odds -110, +110, etc.

The long awaited parlay calculator is here! Use American odds (-110, +200, etc.) to combine up to a 10 way parlay. Winning total is dynamically calculated after each entry.

This is a great tool when betting the over/under. Use this calculator during the game to judge the pace of play and see if the outcome will be greater or less than your over/under wager.

Need another calculator? Bet I can make it! @breakingodds

Plus Minus Betting Calculator Percentage

Place your bets!

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