Our Spread To Moneyline Converter will easily allow you to see the correlation between a spread and a moneyline value!
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Here is a rundown of how to use our Sports Betting Spread to Moneyline Converter based on a fictional NBA game between the Lakers (Moneyline Favorite) and the Celtics (Moneyline Underdog):
1. Select the League: Specify the correct league from the list of options. For this example, select NBA.
2. Enter the Spread: The sportsbook might have set the spread for this game at Lakers 3.5, which means the Lakers are favored to win by more than 3.5 points. You would input this spread into the converter.
3. Convert the Spread to Moneyline Odds: After inputting the spread, the converter will calculate the equivalent moneyline odds based on that spread. This helps you identify the potential payout from a straight-up win (moneyline bet) versus a spread bet.
4. Evaluate the Converted Moneyline: The converter gives a Moneyline Favorite of -166 for the Lakers and a Moneyline Underdog of 136 for the Celtics based on the 3.5 spread. That suggests you need to bet $166 on the Lakers (Moneyline Favorite) to win $100. It also suggests that if you bet $100 on the Celtics (Moneyline Underdog) and they win the game, you would win $136.
5. Compare the Actual Moneyline: Now, compare the converted moneyline to the actual moneyline offered by the sportsbook. The sportsbook’s moneyline for the Lakers might be -195, which means you’d need to bet $195 to win $100.
6. Make Your Betting Decision: If the converted moneyline is more favorable than the actual moneyline, you may place a spread bet instead of a moneyline bet. In this case, betting on the Lakers to win by more than 3.5 points (spread bet) could be more profitable than betting on the Lakers to win (moneyline bet).
Now, isn’t that super easy?
With some practice, converting spreads to moneylines will become second nature. Moreover, seeing bets in multiple formats helps ensure you’re always getting the best odds.
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The spread ultimately comes down to the oddsmakers’ predictions of how many points one team must win or lose by. Betting the spread is a way for bettors to wager on teams that they think the oddsmakers have overvalued or undervalued. By understanding spreads and how to use our Sports Betting Spread to Moneyline Converter, you’ll get a leg up on finding valuable bets and cashing more tickets.
Let us know if you have any other questions!
Yes, spreads and moneylines are closely related. As the spread increases in a team’s favor, their moneyline odds decrease. The bigger the spread, the more likely that team is to win. For underdogs, the opposite is true. The more points they get, the higher their moneyline payout will be.
A +1.5 spread means the underdog team is getting 1.5 points. So if they lose by 1 point or win outright, bets on the underdog cover the spread. The favorite has to win by 2 or more points to cover. Half-point spreads are used to prevent pushes or ties.
Spreads show the advantage one team has over the other. The favorite will have a minus (-) sign, and the underdog will have a plus (+) sign. For example, if Team A is -7 over Team B, Team A is the 7-point favorite. That means they must win by 8 or more points to cover the spread. If Team B is +7, they can lose by up to 6 points or win outright, and bets on them would still cash.