Best Money Line Bets Nfl
Moneyline bets present the most straightforward way to wager on a sports contest. A moneyline wager simply asks the bettor to choose which team will win a game, with no point spread involved.
The divisional round is set to kickoff Jan. 16-17 and cold weather greets the players in the LA Rams at Green Bay and Baltimore at Buffalo games. Betting odds, market data, player props and picks. How to read NFL Las Vegas Money Line Odds. In this example, the Cleveland Browns were listed as a 5.5-point favorite against the Tennessee Titans. Looking at this from a money-line standpoint, Cleveland is a -245 favorite to win the game straight-up, compared to Tennessee at +210 to win the contest. Cleveland -245 (Bet $100 to win $40.80).
The payout odds on the favorite and underdog can differ significantly on a moneyline bet. Using a moneyline calculator breaks down the math on the odds, which allows bettors to assess the true value on each side.
The following page includes the GamingToday.com MoneyLine Calculator, as well as several valuable tables and graphs designed to help bettors gain an edge with moneyline bets.
Moneyline Calculator
Fill in the dollar amount for your bet and the American Odds (for example -110) and calculate the implied probability and the return on the moneyline.:
What Is A Moneyline Bet?
Legal US sportsbooks generally present several different ways to wager on sports. Moneyline bets represent just one of several different wagering options, which include point spread, totals, parlays, and in-game betting.
Moneyline Bets
A moneyline wager allows the bettor to put a bet on which team or athlete will win a contest, straight up. The moneyline underdog will always pay out at better odds than the favorite.
Skilled bettors look for value on moneyline bets by evaluating teams that have a better chance of winning than the implied probability of the odds might dictate.
Moneyline favorites are listed with “-” odds, and the underdog is listed at “+” odds.
For example, here’s a look at a line offered by PointsBet on Game 1 of the 2020 World Series:
Point Spread | Total | Moneyline | |
---|---|---|---|
Tampa Bay Rays | +1.5 (-150) | Over 7.5 (+100) | +140 |
LA Dodgers | -1.5 (+130) | Under 7.5 (-121) | -165 |
American Odds
PointsBet sets the Los Angeles Dodgers as the favorite in the game, with -165 moneyline odds. To calculate “-” odds, divide 100 by the odds, then multiply that quotient by the amount you bet.
For example, suppose you want to calculate how much profit a $50 bet on the Dodgers would yield. First divide 100 by 165 (without the “-”), which yields 60.6. Then multiply that number by your $50 bet to arrive at the profit (60.6*$50=$30.30).
A $50 bet on the Dodgers at -165 odds would yield $30.30 in profit. The $50 wager would return $80.30 to the bettor ($30.30 profit plus the original $50 bet).
To calculate “+” odds, divide the odds by 100 and multiply that product by the amount of the wager.
A $50 bet on the Tampa Bay Rays, for instance, would calculate as 140/100 (which yields 1.4), multiplied by $50 (1.4*$50=$70). A winning $50 moneyline bet on the Rays returns $120 total to the bettor ($70 profit plus the original $50 bet.)
Decimal Odds
Decimal odds can be used to make a simple calculation of odds multiplied by wager amount to arrive at the total amount returned to the bettor.
The -165 odds on Los Angeles, for example, convert to 1.6061 decimal odds using the Gaming Today moneyline calculator. Multiplying that by a $50 bet yields $80.30, and subtracting the original bet amount yields the profit earned ($80.30-$50=$30.30).
What Is A Moneyline Calculator?
The Gaming Today Moneyline Calculator allows for quick calculations for any wager amount and payout odds. Using American, decimal, fractional, Hong Kong, Indonesian, or Malay Odds, you can input the odds and the amount of a wager and see the payout that would come if the bet is a win.
While it’s valuable to understand and be able to calculate favorite and underdog Moneyline odds for all of the different odds notations, the moneyline calculator can save a significant amount of time and energy.
One of the most important features of the Gaming Today Moneyline Calculator is the Implied Probability feature.
For any favorite or underdog input, the calculator produces the implied probability of that team winning. Astute bettors can use the calculator to find teams that have a higher actual win probability than the implied probability dictated by the odds.
The “To Win” window displays the amount of profit yielded by any combination of odds and wager amount. To calculate the return to the bettor, add the “To Win” number to the original amount of the wager.
How To Use The Moneyline Calculator To Place A Sports Bet
Suppose you wanted to put the Gaming Today Moneyline Calculator to work to decide how you wanted to bet on Game 1 of the 2020 World Series. Here’s another look at the lines offered on that game by PointsBet:
Point Spread | Total | Moneyline | |
---|---|---|---|
Tampa Bay Rays | +1.5 (-150) | Over 7.5 (+100) | +140 |
LA Dodgers | -1.5 (+130) | Under 7.5 (-121) | -165 |
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 how the moneyline calculator converts that information into several different useful categories.
The calculator converts the “+140” odds into all of the different notations you might see used by a sportsbook.
The +140 American odds convert to 2.40 decimal odds, 7/5 fractional odds, 1.40 for Indonesian/Hong Kong odds, and -0.7143 Malay Odds. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations.
The “Implied Probability” output tells you that at +140 odds, the Rays have a 41.67% implied probability of winning. A skilled bettor will take that bet if they think Tampa Bay’s actual chance of winning the game is higher than that.
The “To Win” output yields the profit produced if the Rays win. A $50 winning bet on the Rays yields $70 in profit and a $120 total return to the bettor ($70 profit plus the $50 original bet).
Looking for other calculators to use when sports betting? Check out:
Calculating Positive And Negative Moneyline Odds
The math used in calculating the payout on a moneyline is pretty simple. It is one of the most important first steps to understanding sports betting and is crucial to success. Below is a graph of profit won on $100 bets for negative odds. Note that it is a curve that approaches, but will never get to $0. Even -1,000,000 odds still yields some profit from a win:
And here is a graph of profit for positive numbers. The really important difference is that the line is linear. as the odds increase, so does the profit. That goes on forever.
Looking at the odds offered by the sportsbook, note whether they are negative odds (for example -110) or positive odds (for example +120). The calculation changes based on if it is a positive or negative odd. Below we work through an example of a bet of $100 at -110 moneyline odds. It is important to notice that multiplying by -1 is required to give us the positive payout:
PAYOUT = BET AMOUNT / (-1 *MONEYLINE ODDS / 100)
So that looks like:
$90.91 = $100 / (-1 * -110/100)
That also means that you will be returned that amount AND your original bet, meaning you now have $190.91. Let’s work another negative example of a $100 bet at -150:
$100 / (-1 * -150 / 100) = $66.67
Now let’s work through a positive money example. Let’s say you bet $100 at +120
PAYOUT = BET AMOUNT * ODDS / 100
That looks like:
$120 = $100 * 120 / 100
In that case, you are returned your original bet plus profit, so you now have $220.
What Is Line Movement?
Sportsbooks make money by setting lines that bring in an appropriate amount of wagers on both sides of a bet. The house offers odds that factor in a cut of overall wagers, known as vig, that goes to the sportsbook.
In the World Series Game 1 example from above, if 90% of bets come in on the Dodgers, the sportsbook stands to lose big money if Los Angeles wins. A Tampa Bay win in that situation is even more disastrous for the sportsbook.
If the bets coming in on a game are too one-sided, the line on the game will start to move to try to prompt more bets for the other side. It’s important to remember that sports betting isn’t a zero-sum game, and you’ll be losing in the long run even if you win 50% of the time.
Legal Online Sports Betting In The US
A federal mandate known as the Professional and Amateur Sports Protection Act (PASPA) was overturned in May 2018, giving US states the legal clearance to offer state-regulated sports betting. Several states now offer both retail and online sports betting, including New Jersey, Pennsylvania, Nevada, Illinois, Indiana, Colorado, and several others.
The top online sport betting brands in the US include the following:
DraftKings Sportsbook
One of the biggest brands to emerge in the booming online sports betting industry, DraftKings Sportsbook offers mobile sports wagering in eight states. The sportsbook offers every imaginable kind of wager across multiple sports.
Best Money Line Bets Nfl
That betting menu includes daily moneyline opportunities on all major US sports leagues, as well as numerous international leagues. A tool like the Moneyline Calculator can be an indispensable tool to use for evaluating the odds and implied win probabilities at DraftKings Sportsbook.
FanDuel Sportsbook
Another huge player in the legal sports betting market, FanDuel Sportsbook offers mobile sports wagering in seven states. Along with DraftKings Sportsbook, FanDuel Sportsbooks stands as one of the top two mobile sports betting brands in the US.
FanDuel Sportsbook’s vast selection of moneyline wagering options becomes a potentially profitable market for bettors using a moneyline calculator. Such a tool allows sharp players to compare odds across multiple sportsbooks and only place the most favorable bets.
FOX Bet
A collaboration between FOX Sports and The Stars Group, the FOX Bet brand operates online sportsbooks in New Jersey, Pennsylvania, and Colorado.
The moneyline odds at FOX Bet can vary greatly versus some of its competitors, and bettors using a moneyline calculator tool gain a significant edge versus players that don’t.
Moneyline Calculator FAQs
Yes. More than a dozen states either currently offer online sports betting or have a launch of mobile sports betting products pending.
New Jersey, Nevada, and Pennsylvania represent the three biggest online sports betting markets in the US. Other states with legal online sports wagering include Colorado, Illinois, Indiana, Iowa, West Virginia, and a few others.
The Gaming Today Moneyline Calculator can be used as a valuable resource on any moneyline bet. It’s especially useful for evaluating the implied probability of winning and payout odds.
The moneyline bet calculator’s ability to display odds across multiple notation formats (American, Decimal, Fractional, Indonesian/Hong Kong, and Malay odds) allows bettors to compare lines across sportsbooks that use different notations.
Even if you’re a veteran sports bettor, running every bet you’re considering through the calculator provides significant benefit.
Yes. Nothing in the terms and conditions of any US legal online sportsbooks prohibits the use of a moneyline calculator.
The calculator provides computations that any person could produce with pen and paper but in a much faster and more efficient manner.
For “+” American odds, divide the odds by 100 and convert that quotient into a fraction. To convert +160 into fractional odds, for example, divide 160 by 100 (160/100) and reduce that fraction to the lowest whole number denominator. American odds of +160 would convert to 8/5 fractional odds.
Moneyline Bet Calculator
For “-” American odds, divide 100 by the odds and convert to the simplest form fraction. For -160 odds, for example, the calculation looks like 100/160, which reduces to 5/8 fractional odds.
To convert “+” American odds to implied winning probability, the formula looks like this:
100 / (“+” American odds + 100)*100 = implied probability
For example, +160 odds would be calculated as 100/(160+100)*100. This converts to 100/260*100, which ends up yielding a 38.46% implied probability.
To convert “-” odds, the formula looks like this:
“-” odds / (“-” odds + 100)*100 = implied probability
For instance, -160 odds would translate to 160/(160+100)*100, converting to 160/260*100, which yields a product of 61.54. The implied probability of -160 odds is a 61.54% chance of winning.
Several online sportsbooks offer comprehensive coverage of sports and ways to bet. Some of the best choices for online sports betting in the US include DraftKings Sportsbook, FanDuel Sportsbook, PointsBet, FOX Bet, and BetMGM.
The ultimate resource to help you find the best bets each day in NFL football.
Here you will find a list of our best NFL bets against the spread. This page will be updated several times over the weekend.
The page is divided into 4 simple sections.
The first section lists all of our premium member best bets for the day. This section lists all the games for all sports, including NFL. If you don't have a membership at Doc's Sports then you can test out our premium best bets risk free with a complimentary free $60 account here.
The second section lists a couple of our complimentary NFL best bet matchup reports. We write these for every single NFL game. These articles are more for the do-it-yourself types that want to really dig in and also have the time do the extensive research required each day.
The third section ties into the second section where our experts give advice on what to do with the information and how to spot a best bet in NFL.
NFL Best Bets Tonight [Updated daily]
TODAY'S TOP PLAYS
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Kansas City Chiefs vs Tampa Bay Buccaneers Prediction, 2/7/2021 NFL Pick, Tips and Odds, Super Bowl
by Tony Sink - 1/26/2021
The Kansas City Chiefs hit the road to take on the Tampa Bay Buccaneers at Raymond James Stadium (6:30 PM EST). The expected starters at QB are Patrick Mahomes for the Chiefs and Tom Brady for the Buccaneers. This matchup report includes NFL odds, predictions, and a free pick against the spread. Read More >>
Tampa Bay Buccaneers vs Green Bay Packers Prediction, 1/24/2021 NFL Pick, Tips and Odds, NFC Championship
by Tony Sink - 1/19/2021
The Tampa Bay Buccaneers take on the Green Bay Packers at Lambeau Field (3:05 PM EST). The quarterbacks expected to start the game are Tom Brady for the Buccaneers and Aaron Rodgers for the Packers. This matchup report includes NFL odds, predictions, and a free pick against the spread. Read More >>
What Makes a Best Bet in NFL? [Updated during the season]
NFL Best Bet Tipsters | Top 10 Tips | NFL Football Best Bets Advice |
Doc's Sports | Bet teams off embarrassing losses… | |
Robert Ferringo | Locate misleading final scores… | |
Raphael Esparza | Ride the hot teams all the way… | |
Strike Point Sports | Look for the short home favorite… | |
Allen Eastman | You have to be able to set lines… | |
Jason Sharpe | Injuries are an important factor… | |
Doug Upstone | QB play, scheduling and injuries… | |
Alan Harris | Best against the public for big plays… | |
Vernon Croy | Best bets should have the best value… | |
Tony George | Bet on numbers, not games… |
Nfl Moneyline Bet Picks
Doc's Sports Service is the most trusted and well-respected sports information company in the United States. Below you will find a list of 10 tips for finding an NFL best bet each week from 10 of the top NFL Football handicapping experts in the country. Our service is second-to-none in terms of both results and customer relations. With nearly 50 years of handicapping experience, Doc's Sports is the gold standard in the sports information industry.
We offer our clients top NFL Football predictions at one fair price. Our NFL Football handicappers release a full slate of NFL Football picks at 6 p.m. EST each Thursday throughout the season. Every one of our NFL Football handicappers has a different style, but all have enjoyed vast success, including putting up some big numbers with their weekly best bets and top games, available every week for just $30 apiece.
Moneyline Nfl Betting
Here are 10 tips from our NFL handicappers on how to find an NFL best bet each week:
DOC'S SPORTS – An NFL best bet for me is a team that is coming off an embarrassing performance the week before. All NFL players are paid professionals and have pride and do not like to be blown out on television. Therefore, I like to play a team that got blown out the week before. The oddsmakers usually inflate the spread because they public saw how bad they looked the week prior. An example of this from 2016 is a Week 2 game between Seattle and Los Angeles. The Rams opened up on Monday Night Football at San Francisco and lost 28-0 in embarrassing fashion. They were a +5.5-point home underdog the following week against Seattle and won that game straight up by a score of 9-3.
ROBERT FERRINGO – When I am handicapping, regardless of sport, I think it is important not to just look at what happened but why and how it happened. There are so many misleading scores in the NFL each week that it is crucial to go back and re-watch games and analyze box scores to find those 'hidden plays' that may have had an outsized impact on a game. There are also several statistics that I use that correlate total yardage, yardage differential, scoring and both ATS and over/under performance. And when I see statistical outliers I just know that a best bet is coming. For example, in 2017 one of my biggest totals bets of the year came in Week 10 on the 'over' between Jacksonville and Houston. This total wasn't on anyone's radar, but I was all over it for my NFL best bet that weekend. The Jaguars had rung up 450 yards and 25 first downs the week before against a tough Chiefs defense. But they only scored 14 points because of three fumbles, an INT, a missed field goal and a dropped touchdown pass. They had been averaging around 370 yards per game but just 17 points in their previous four games, so I just knew they were destined to put some points on the board. Sure enough, that game went 'over' the total and kicked off a stretch where the Jaguars went 5-2 against the total and they closed the season going 7-3 on the 'over' in their last 10 games. You can't just look at final scores. You have to analyze how things played out, and that will help you determine what results are legit and which ones were flukes. And then bet the next week accordingly.
RAPHAEL ESPARZA - What I have noticed in the NFL both behind the counter and now in front of the counter is that your NFL best bets should be on hot teams until they are no longer hot. Ask any Vegas or online sportsbook director, and in 2016 the books struggled with the New England Patriots, Dallas Cowboys and the Oakland Raiders repeatedly covering point spreads. And I'm not even talking about moneyline parlays, teasers, and the hot teams that covered the totals. Normally the NFL oddsmakers are really good on Sunday, but every year there is between 1-3 teams that every Sunday the books do not want to see win and cover games. Find out those teams and ride them and you will cash straight bets, moneyline parlays and of course your top plays of the week.
STRIKE POINT SPORTS- A handicapper doesn't want to try to find a best bet each and every week because they just aren't always there. Strike Point Sports prides itself on careful, strategic selections, and this proves beneficial when finding the 'big play' or 'best bet of the week'. We tend to lean towards a home team that is getting less than three points. In many cases when two teams are even, Las Vegas will lay the field goal spread on the home team. When they set the line less than that there is value to be had, especially if it is a team that plays well in front of their home fans. Keep an eye out for the 'short home favorite' in the NFL when you're looking for a best bet. We all know the normal 3-point line on a home team, but we don't all realize the value on the short chalk. Get $60 in free member picks - no obligation - click here
ALLEN EASTMAN – If you want to be a good NFL handicapper, then you need to be able to think like an oddsmaker. I make my own spread for every single game. And then I compare my lines to the lines that the sportsbooks release. I look where there are the biggest differences, and those are the games I look at first. Of course, it helps when I also have the NFL 411 System, which is based on more than 90 different statistics. It is very detailed, and that is why it is the only documented NFL system to hit better than 60 percent for the past 11 years while producing more than +$25,000 in profit. When I am looking for a best bet, I look to the NFL 411 System. But if you don't have these plays then your best bet each week should be on the play where there is the biggest difference between your spread and the spread the books have out. Get $60 in free member picks - no obligation - click here
JASON SHARPE - The reason why the NFL is considered the toughest sport to win at betting-wise is because information in this sport is everywhere. So trying to look at the stats, watch the games, and paying attention to final scores isn't enough to give someone an edge in this sport. The key is to focus on the one area that the NFL betting markets don't place a big enough emphasis on, and that area is with injuries. The NFL is the sport that deals the most with game-to-game injuries. Being on top of this is where one can find their biggest edges overall as an NFL bettor. I'm not talking about well-known injuries to quarterbacks, but instead look at the guys that most folks don't pay attention to like offensive lineman or guys in the secondary. It's not just about who's out of a particular game for a team, either, but also how good/bad the guy replacing them is also and how big of a drop-off overall there is from player to player. Just as important as that is knowing which guys are now back in the lineup from a recent injury and that effects the team compared to how they played when he is out with an injury. Last year on October 30 I won my 7-Unit NFL total on 'over' in the Washington/Cincinnati game. Both teams had been missing their All-Pro level tight ends of late but both were expected to be back in this one and at full strength. There were a lot of examples of both teams offenses struggling without those two guys on the field earlier in the year, and both coaches had stated how valuable both guys were not only because of how good they are but also because there wasn't another player on their rosters who could bring what these two had brought to their respective teams. Both guys had a huge impact in this contest as they each caught nine passes in the game and helped open up their team's offense, which in turn pushed this game 'over' the total. You have to keep very good notes on players injuries and the effects on their team, and if you do so you can gain a big edge in a sport that doesn't have as many big edges. Get $60 in free member picks - no obligation - click here
DOUG UPSTONE - The methodology I use is by starting to create a spread based on three power ratings I use. They all have various components, designed to cover different aspects of the teams in a particular contest. Next, is the statistical advantages one team might have over another, particularly at quarterback, running the ball, stopping the run and rushing the opposing quarterback. If those show up as more one-way edges and match my power rankings, I move to the next step. That would be finding systems I have developed and look to find more evidence of a special play, and specifically I'm after ones that have a 75 percent or higher cover rate and with a minimum of 30 game outcomes and the scoring average rather easily covers the spread. Up next is reviewing situational aspects, that are team specific, which often can be nuggets of extremely useful information. The cherry on the top of the cake is looking at line movement or the lack of it in the first part of the week. If the power ratings are strong, the stats are in my favor, a system or two light up, and the situation is nicely favorable on the NFL contest that is not on everyone's radar to start a week, that is what I'm looking for in a big play!
ALAN HARRIS - Working in various Las Vegas sportsbooks for eight years has shown me firsthand that you have to bet against the public when making a big move. Information is now readily available on the web that wasn't around even five years ago, and it's fairly easy to find out what the public is on at various offshore sportsbooks. This info isn't as readily available for the Vegas books, so still having a few connections there certainly doesn't hurt things on our end. It's been noted for those that are behind the counter that if you just bet against the top five teams that the public has put into parlays by closing time on Saturday night, you'd come out ahead at the end of the season. Now, like any system, this isn't foolproof, but being on the side the house needs, especially in the NFL, is never a bad thing. In 2016, we used this theory to perfection in hitting our 8-Unit NFL Playoff Game of the Year with the Packers +5.5 on the road at Dallas in the Divisional Round. Dallas opened up as a 3.5-point favorite, and the books couldn't get a bet on the Packers. We already liked Green Bay, and talking to a few sports book managers around town just confirmed it. We cashed this one with the Packers winning outright, 34-31, advancing to the NFC Championship.
VERNON CROY- A best bet for me in the NFL must fall into one of my top systems. I almost always want to see a line where I feel there is exceptional value. So say the Bears are favored by three points, and my analytics have them winning by 14 points, then there is exceptional line value with the Bears at -3 since the line is off by 11 points. Generally I also want the top play to be going against public perception, as there is added value, especially in the NFL. I want all top plays to have a high percentage of winning regardless of the sport. I have been very successful in the NFL with my top plays because of my 19 years of experience, and I learn from my losses and build on wins.
TONY GEORGE – More so than other sports, you bet numbers in the NFL, not games. In all sports the number is important. However the NFL system I use is power ratings measured against the Las Vegas line based on numerous criteria. When I have an overlay against the spread of more than five points and up to six points, then I will make it my NFL best bet of the weekend. And any numbers bigger than that, which is very rare, I will triple up the normal wager for a huge play. In 2016 I had the Steelers at the Browns laying eight with an overlay of six points. That means my power rating between Pittsburgh and Cleveland was 14 points. That was my Game of the Year in 2016. Your average overlay is around three or four points, if that. Pittsburgh won 24-9, which was by 15 points, so my power rating was off just one point. It is all about the numbers and power ratings in the NFL. Get $60 in free member picks - no obligation - click here
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