Moneyline Odds Calculator

Excel Moneyline Payout Formula Subscribe Subscribe Unsubscribe. Am looking for the formula that will take the contents of an excel cell -123 or +123 and display the profit for a $100 bet. Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. It indicates how much you will win based on the odds and total wagered. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook.

How To Calculate The Moneyline

How to use the DonBest.com Parlay Calculator

In the boxes under 'Odds' enter the moneyline odds of each game in your parlay.

If you choose a favorite, you must enter the moneyline with a minus (-) sign at the beginning (e.g. -120). Note: Most standard pointspread and total wagers have -110 moneyline odds.

If you choose an underdog, simply enter the moneyline odds; no plus sign (+) is necessary (e.g. 120).

Do not include decimal points.

Implied Odds Moneyline Calculator

Ignore the boxes that are not included in your parlay (leave '0' in each box; they will not be factored into the parlay).

Enter the amount of your wager in the box next to 'Amount($)' and click on 'Calculate'. The amount of a winning parlay wager will appear in the box next to 'Payout'. Note: The 'Payout' does not include the amount wagered.

To calculate another parlay, click 'Clear' and start again.

Good luck!