| Converting
Moneyline Odds into Win Probability
Here's a neat little rig that helps you with your handicapping by
helping you, at a glance, figure out whether or not you've got an
edge. See the instructions below.
NOTE: This converter does not take into effect the juice (vig), but
instead handles it as if this were a perfect world. Also, it can
only handle actual percentages, so don't try to stick ".645" in
there. Instead, type in "64.5". Enjoy!
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Moneyline Converter Instructions |
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To convert
winning probability
into a money line:
Say you've done your homework and you've decided
that Team A has a 58.5% chance of winning their game.
Enter 58.5 into the box marked
Win % and press the
button marked % --> Line.
Presto! Now you can compare the number that
appears in the "Line" box
(-40.9) and see if you've got an edge on the actual money line. |
To convert a
money line
into winning probability:
Say you're looking at a -178 money line and would
like to see what kind of chances your book is giving this team.
Enter -178 into the box marked
Line and press the button
marked % <-- Line.
Presto! Now you can compare the number that
appears in the "Win %" box
(64%) and see if you've got an edge on the actual money line. |
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