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Welcome to the Moneyline Converter website. We have built all the tools you need to make your sports betting experience better, with this site enabling you to convert Moneyline Odds to it's implied winning probability! You can use our converter below, as well as some additional information about Moneyline betting and probability.
Use the Moneyline Converter here
- Implied Probability: 0.00%
What is a Moneyline?
A team or player with a minus sign in front of their name is generally the favourite, unless the odds are very close. Odds with a minus sign in front of them means you need to spend that amount to make $100, for example if the odds are -150 you would need to spend $150 to win back $100. Odds with a plus sign in front of them are the inverse, where you need to spend $100 to make that amount. For example, a moneyline of +150 means a bettor would have to wager $100 to make an additional $150 profit.
What is implied probability?
Implied probability is the percentage chance of an outcome winning based on it's odds. This is important for wagering as it allows them to identify potential value. If a bettor believes that the odds of a team winning are higher than the implied probability, then it represents a good opportunity to bet.