A simple formula for calculating odds from probability is O = P / (1 - P). A formula for calculating probability from odds is P = O / (O + 1).How to Calculate Odds: 11 Steps (with Pictures) - wikiHowwikihow : Calculate-Oddsmelhor betWhat Does a +200 Money Line Mean? A +200 money line would mean that if you placed aR$100 bet, you would winR$200. It also tells you that the team is not expected to win, as it is the underdog in the game.Money Line Bet: What It Means and How It Works - Investopediainvestopedia : money-line-bet-5217219melhor bet sport gold bet