Sports: Straight Bet

Sports: Straight Bet

The calculator will calculate the house edge for an event which has just two potential outcomes, called a».» Whether it be a spread against the spread, money line, or complete, if there are just two possible outcomes, then it’s possible to use this calculator. Simply enter the line on every outcome, click on»calculate,» and the calculator will tell you the house advantage, assuming either side have the exact same house edge.
The calculator defaults to American odds (for example -110, +120). The alternative is European odds, which can be expressed on a»for a» foundation (for example 1.9091, 2.2000).
Obviously, I am not asserting that both sides have the house advantage. This is much more of a tool to determine how much juice a casino takes out. By way of example, if a money traces on a are +300 and -450 afterward the balanced house edge would be 6.38 percent.

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