How to Convert Moneylines
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 gizmo does not take into effect
the 10 cent juice, 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".
Money Line Converter Instructions
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.