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You can plug in and moneyline odds into the Gaming Today Implied Probability Calculator and convert those odds into implied probability. Other sports betting odds calculators include tools that allow you to calculate moneyline odds or the house edge by inputting the sportsbook’s offered moneyline odds. A -110 line on either side is like paying a tax or commission to the sportsbook. Bettors would pay 10 percent to the sportsbook, which is essentially a fee for brokering the wager.