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JV Miller is widely regarded as one of the `world’s top sports handicappers. In January 2017, Gambling Times Magazine called JV Miller “one of the last legitimate handicappers- for-hire on the web.”  J.V. is featured regularly as a handicapping expert on television, radio, podcasts, and at seminars and educational institutions around the world. JV. finished first place in the Marina Bay Sands Millennium Million Dollar NFL Contest against over one thousand professional handicappers.

 


 

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MONEYLINE CONVERSION CHART

Here’s a handy chart that answers questions concerning moneylines and winning percentages.

 

 

Many sports bettors avoid using money-lines against certain sports, such as basketball or football, because they are simply more familiar with and more comfortable using point-spreads. A point-spread can be regarded as a much simpler proposition. After all, if you're betting on the Buffalo Bills +3.5 points, you not only know what it takes to win the bet, (Buffalo can either win the game outright or lose the game by fewer than 3.5 points), you also 'automatically' know how much you're going to win. You simply risk 105 to win 100 with Buffalo +3.5 or you could lay the 3.5 points and risk 105 to win 100 on Buffalo's opponents.

 

Money-lines are not so simple as point-spreads. Many bettors are confused by the odds, but if you're not using money-lines on certain bets you are most likely costing yourself money.

 

For example, with Buffalo getting +3.5 points, they might be +150 on the money-line. If you think the Bills should win the game outright, you should consider taking the +150 money-line rather than laying the -105 point-spread line. If Buffalo goes on to win the game, a $100 bet on the point-spread wins only $95 while a $100 bet on the money-line wins $150. Only two such money-line victories wins more than three point-spread victories.

 

If the
money
line is
THIS
much:

Amount
won 
risking
100 on
Favorite:

Percent
needed
to break
even with
Favorite:

Amount
won 
risking
100 on
Underdog:

Percent
needed
to break
even with
Underdog:

1.05

95.24

51%

105.00

49%

1.10

90.91

52%

110.00

48%

1.15

86.96

53%

115.00

47%

1.20

83.33

55%

120.00

45%

1.25

80.00

56%

125.00

44%

1.30

76.92

57%

130.00

43%

1.35

74.07

57%

135.00

43%

1.40

71.43

58%

140.00

42%

1.45

68.97

59%

145.00

41%

1.50

66.67

60%

150.00

40%

1.55

64.52

61%

155.00

39%

1.60

62.50

62%

160.00

38%

1.65

60.61

62%

165.00

38%

1.70

58.82

63%

170.00

37%

1.75

57.14

64%

175.00

36%

1.80

55.56

64%

180.00

36%

1.85

54.05

65%

185.00

35%

1.90

52.63

66%

190.00

34%

1.95

51.28

66%

195.00

34%

2.00

50.00

67%

200.00

33%

2.05

48.78

67%

205.00

33%

2.10

47.62

68%

210.00

32%

2.15

46.51

68%

215.00

32%

2.20

45.45

69%

220.00

31%

2.25

44.44

69%

225.00

31%

2.30

43.48

70%

230.00

30%

2.35

42.55

70%

235.00

30%

2.40

41.67

71%

240.00

29%

2.45

40.82

71%

245.00

29%

2.50

40.00

71%

250.00

29%

2.55

39.22

72%

255.00

28%

2.60

38.46

72%

260.00

28%

2.65

37.74

73%

265.00

27%

2.70

37.04

73%

270.00

27%

2.75

36.36

73%

275.00

27%

2.80

35.71

74%

280.00

26%

2.85

35.09

74%

285.00

26%

2.90

34.48

74%

290.00

26%

2.95

33.90

75%

295.00

25%

3.00

33.33

75%

300.00

25%

3.05

32.79

75%

305.00

25%

3.10

32.26

76%

310.00

24%

3.15

31.75

76%

315.00

24%

3.20

31.25

76%

320.00

24%

3.25

30.77

76%

325.00

24%

3.30

30.30

77%

330.00

23%

3.35

29.85

77%

335.00

23%

3.40

29.41

77%

340.00

23%

3.45

28.99

78%

345.00

22%

3.50

28.57

78%

350.00

22%

3.55

28.17

78%

355.00

22%

3.60

27.78

78%

360.00

22%

3.65

27.40

78%

365.00

22%

3.70

27.03

79%

370.00

21%

3.75

26.67

79%

375.00

21%

3.80

26.32

79%

380.00

21%

3.85

25.97

79%

385.00

21%

3.90

25.64

80%

390.00

20%

3.95

25.32

80%

395.00

20%

4.00

25.00

80%

400.00

20%

4.05

24.69

80%

405.00

20%

4.10

24.39

80%

410.00

20%

4.15

24.10

81%

415.00

19%

4.20

23.81

81%

420.00

19%

4.25

23.53

81%

425.00

19%

4.30

23.26

81%

430.00

19%

4.35

22.99

81%

435.00

19%

4.40

22.73

81%

440.00

19%

4.45

22.47

82%

445.00

18%

4.50

22.22

82%

450.00

18%

4.55

21.98

82%

455.00

18%

4.60

21.74

82%

460.00

18%

4.65

21.51

82%

465.00

18%

4.70

21.28

82%

470.00

18%

4.75

21.05

83%

475.00

17%

4.80

20.83

83%

480.00

17%

4.85

20.62

83%

485.00

17%

4.90

20.41

83%

490.00

17%

4.95

20.20

83%

495.00

17%

5.00

20.00

83%

500.00

17%

5.05

19.80

83%

505.00

17%

5.10

19.61

84%

510.00

16%

5.15

19.42

84%

515.00

16%

5.20

19.23

84%

520.00

16%

5.25

19.05

84%

525.00

16%

5.30

18.87

84%

530.00

16%

5.35

18.69

84%

535.00

16%

5.40

18.52

84%

540.00

16%

5.45

18.35

84%

545.00

16%

5.50

18.18

85%

550.00

15%

5.55

18.02

85%

555.00

15%

5.60

17.86

85%

560.00

15%

5.65

17.70

85%

565.00

15%

5.70

17.54

85%

570.00

15%

5.75

17.39

85%

575.00

15%

5.80

17.24

85%

580.00

15%

5.85

17.09

85%

585.00

15%

5.90

16.95

86%

590.00

14%

5.95

16.81

86%

595.00

14%

6.00

16.67

86%

600.00

14%

6.05

16.53

86%

605.00

14%

6.10

16.39

86%

610.00

14%

6.15

16.26

86%

615.00

14%

6.20

16.13

86%

620.00

14%

6.25

16.00

86%

625.00

14%

6.30

15.87

86%

630.00

14%

6.35

15.75

86%

635.00

14%

6.40

15.63

86%

640.00

14%

6.45

15.50

87%

645.00

13%

6.50

15.38

87%

650.00

13%

6.55

15.27

87%

655.00

13%

6.60

15.15

87%

660.00

13%

6.65

15.04

87%

665.00

13%

6.70

14.93

87%

670.00

13%

6.75

14.81

87%

675.00

13%

6.80

14.71

87%

680.00

13%

6.85

14.60

87%

685.00

13%

6.90

14.49

87%

690.00

13%

6.95

14.39

87%

695.00

13%

7.00

14.29

88%

700.00

13%

7.05

14.18

88%

705.00

12%

7.10

14.08

88%

710.00

12%

7.15

13.99

88%

715.00

12%

7.20

13.89

88%

720.00

12%

7.25

13.79

88%

725.00

12%

7.30

13.70

88%

730.00

12%

7.35

13.61

88%

735.00

12%

7.40

13.51

88%

740.00

12%

7.45

13.42

88%

745.00

12%

7.50

13.33

88%

750.00

12%

7.55

13.25

88%

755.00

12%

7.60

13.16

88%

760.00

12%

7.65

13.07

88%

765.00

12%

7.70

12.99

89%

770.00

11%

7.75

12.90

89%

775.00

11%

7.80

12.82

89%

780.00

11%

7.85

12.74

89%

785.00

11%

7.90

12.66

89%

790.00

11%

7.95

12.58

89%

795.00

11%

8.00

12.50

89%

800.00

11%

8.05

12.42

89%

805.00

11%

8.10

12.35

89%

810.00

11%

8.15

12.27

89%

815.00

11%

8.20

12.20

89%

820.00

11%

8.25

12.12

89%

825.00

11%

8.30

12.05

89%

830.00

11%

8.35

11.98

89%

835.00

11%

8.40

11.90

89%

840.00

11%

8.45

11.83

89%

845.00

11%

8.50

11.76

89%

850.00

11%

8.55

11.70

90%

855.00

10%

8.60

11.63

90%

860.00

10%

8.65

11.56

90%

865.00

10%

8.70

11.49

90%

870.00

10%

8.75

11.43

90%

875.00

10%

8.80

11.36

90%

880.00

10%

8.85

11.30

90%

885.00

10%

8.90

11.24

90%

890.00

10%

8.95

11.17

90%

895.00

10%

9.00

11.11

90%

900.00

10%

9.05

11.05

90%

905.00

10%

9.10

10.99

90%

910.00

10%

9.15

10.93

90%

915.00

10%

9.20

10.87

90%

920.00

10%

9.25

10.81

90%

925.00

10%

9.30

10.75

90%

930.00

10%

9.35

10.70

90%

935.00

10%

9.40

10.64

90%

940.00

10%

9.45

10.58

90%

945.00

10%

9.50

10.53

90%

950.00

10%

9.55

10.47

91%

955.00

9%

9.60

10.42

91%

960.00

9%

9.65

10.36

91%

965.00

9%

9.70

10.31

91%

970.00

9%

9.75

10.26

91%

975.00

9%

9.80

10.20

91%

980.00

9%

9.85

10.15

91%

985.00

9%

9.90

10.10

91%

990.00

9%

9.95

10.05

91%

995.00

9%

10.00

10.00

91%

1000.00

9

In the chart at left, notice that when risking $100 the difference between winning when laying -250 and when laying -300 is less than $7, ($40.00 v. $33.33), but the difference between winning when you're getting +250 or when you're getting +300 is, of course, $50. Laying -400 wins $25, laying -500 wins $20 - a $5 difference - but the difference between winning when you're getting +400 and when you're getting +500 is, of course, $100.

 

Note that if you always risk the same amount ("flat" betting) when using money-lines, you're forcing the book-maker to risk wildly different amounts against you. It is common knowledge than bookmakers try to keep their risk relatively equal. That's because it's a good idea. That's what YOU want to do with YOUR risk. Keep your own risk relative equal, ("flat" betting"), while at the same time make the bookmaker's risk fly all over the place.

 

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