When you have done that, the two boxes will be highlighted, and the bets will appear on your bet slip on the right of the screen. 91 = 6. 83 = 5. For example: A $100 bet at 1. 36; Bills (-275): 1. Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. For the NFL listings above that say 1. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. The Money Line Odds will show the favorite listed with a (-), and the underdogs will be indicated by a (+) symbol. Check out 8 different online sports betting calculators to increase your gambling odds including Odds Converter, Parlay Calculator, Round Robin, Spread & Money Line Calculators and more from. For example, -110 odds give you a payout of 1. This sports betting calculator takes the odds of each leg in a parlay and calculates the total odds on the parlay. 5). For a parlay bet to win, all outcomes (or legs) within the parlay must be selected correctly. Ignore the boxes that are not included in your parlay (leave "0" in each box; they will not be factored into the parlay). Bet Amount. NFL Odds Calculator: See the projected payouts of your NFL bets. Most hedge calculators allow you to only calculate one hedge. 91 x 1. On the other hand if it’s less than 2 you divide -100 by decimal odds minus one. 00 in decimal format. Parlay payouts are calculated by converting American odds into decimal odds, multiplying the bets’ decimal odds together, and multiplying the combined odds by the wager. Our free parlay calculator can quickly calculate the cost of any parlay bet and factor in deductions, dead heat results, void runners and each-way selections. 67 = $500. Introduction to betting. Understanding Parlay Odds. For wagering purposes, two-team parlays where there is a tie will be paid off as a straight wager. 45 * 1. Common parlay odds. The formula used to calculate decimal odds is: Decimal Odds = (Stake x Odds) + Stake For example, if you place a bet of $10 on a horse with decimal odds of 2. Multiplied together, the overall odds of your parlay bet would work out to be 7. How to Use the Sports Betting Odds Calculator and Converter. Use the two inputs below with valid lines in American odds format to compute the no-vig line. 52. If we wager $100 on this parlay and all three bets win, it will pay out $759. 85), fractional odds (57/20), and implied probability (25. Finally, to calculate your potential payout, simply multiply the combined parlay odds by your stake. 70. 91, 1. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. How to Read Decimal Odds: The standard American odds point spread price is -110 where risking $110 wins $100. Parlay Calculator How To Calculate Parlay Odds? If you are using decimal odds, which most people do outside of the United States, calculating your parlay odds is simple. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Just add in the moneyline odds into the bet line, you can add up to 15 selections in total. Note: Most standard pointspread and total wagers have -110 moneyline odds. Our calculator supports all major formats: American Odds (-400) Decimal Odds (1. Imagine you’re using a standard NFL parlay calculator and the math calculations start with converting the American odds to decimal odds. Find out how much your sports betting parlay bet will win you here at Bookies. 0000 would be. You can use a parlay calculator to make conversions in decimal and American odds. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. Based on the Kelly criterion, it is recommended that you bet approximately 1. The return is calculated by multiplying the bet stake by the odds of the outcome eventuating. Bettors should always shop around at. 91. How To Calculate Fractional Odds From Probability. Chelsea -150 (Bet $100 to win $83)The BonusFinder parlay calculator works with American odds and Decimal odds. 50, 1. 0000 would be entered as either “d200” or “0200”. Simply enter your bet amount and the odds and our calculator will show you your expected profit (“To Win”) and payout (“To Pay”). 625. You can save doing out this math by using the tool at the top. Welcome to our odds value calculator. The payout can grow much higher when big underdogs are included in any parlay. 125). Implied Probability Calculator: See the implied probability of a sports bet based on the odds. +140) Fractional Odds (e. 818. 00. 1% (vs 64. For example, if you want to bet $100 on the Cincinnati Bengals’ moneyline odds and know their American odds (+285), insert those odds into the calculator. First, enter the odds into one of three available spots: American (US, moneyline), Decimal (EU), Fractional (UK). 2, 1. This makes it simpler to understand the parlay formula. Once you get these decimal odds, you need to multiply them: 1. Enter your wager and press “calculate”, or the appropriate action button. For a - sign, divide 100 by moneyline. For instance, if you have a parlay bet with three teams with 3/4, 2/1, and 4/5 fractional odds, the conversion to decimal odds would be: 0. 20, Yankees 1. Parlay formula bet exampleYou have an outstanding bet for the Chiefs to win the Super Bowl at +750. Decimal Odds are the way odds are listed on Rivalry and are the most popular format used around the world because they are the simplest to understand. FanDuel. For example, decimals odds of 200. 86%. The more games, the higher the risk but the greater the payout. 1 in decimal odds, and the Guardians (-115) are 1. 52. 2. Player A has decimal odds of 4. 7% chance to win this game. 1 -1) * 100 = +110. Parlay Calculator. The app can also settle all Multiple Bets (e. 50 profit and $1, which. 75, 9 and 1. 625 = 7. The odds in the bet multiply for every additional leg you add to the multibet. When applying the fractional Kelly value of 0. Now that we understand how to calculate individual moneyline profits, we need just a few more steps in order to calculate a parlay payout. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. 97 x 10 = 69. 66 x 1. 0000 would be entered as. Convert the odds for each game of the parlay into decimal format like above. 6. Enter the details and the betting calculator will predict your earnings and show your anticipated profit. 5. You can select between three odds types. 00 bet): $835. Parlay odds don’t change when using a round robin. Add bet365 soccer accumulator bonus. 5-1) = -200. Example: if the values of cells A1 and A2 both equal -102 ExchUS2Holds (A1. You will need to use lay bets at betting exchanges to guarantee yourself a profit using our hedging calculator. 91 x 1. 97. 91 x 1. Choose Single Bet or Parlay (when making 2+ bets) Select American/Decimal or Fractional odds. Bet Type. 65 risk on every dollar bet. 50, you're looking at a payout of $250 for every. a $100 parlay bet on these four outcomes at US ODDS if all correct would return $649. g. If you were to bet $100 at 3. How to Calculate Parlay Bet Odds A parlay bet is a single wager that requires two or more outcomes to all win. For example, if you have a 4-leg parlay with each leg at odds of +200 or 2/1 in fractional and 3. odds-calculator featured above. High limits. Each of the two legs in this parlay are standard -110 juice. 5: -100 / (1. 08% The total is 97. Betting Calculator Parlay Calculator. 3. Our total payout is $55. For example, a decimal odds of 2. 0 x $100 = $200). Choosing big underdogs for your free bet is usually the best move. 00 * 1. 2) Next, multiply these decimal odds by each other. Fractional odds show two. 36 x 1. The money line-to-decimal formula is straightforward: Favorites - A negative value (-250) money line divide 100 by the number. 120). $10 bet = $13. 45, 1. 0 (+200 as American odds), you would win $20. To determine the payout, multiply the result by the wager. 8. All you need to do is enter the odds of each leg of your parlay into the “Odds” column: The spreadsheet allows for both American and Decimal odds. The +150 odds would be converted to 2. Once you have implied win probabilities for each side of the bet, you use this formula: Team A Implied Win Probability / (Team A Win Implied Win Probability + Team B Implied Win Probability) You can do the same for Team B. To calculate the updated odds of the ticket, we just need to convert the American odds of -110 to the decimal odds of 1. from American to Decimal, or any other way — the odds converter built into our betting calculator will do this for you in an instant. Odds of -330: Decimal odds = 1. g. Input your first wager in the Bet #1 slot. There are three primary ways you will find odds displayed around the industry:: Decimal Odds (e. To calculate the overall odds for the parlay you would therefore multiply these four numbers together. Bet $5, Win $150 in Bonus Bets. Fractional / UK. Payout Calculator. As an example, decimals possibilities of 200. 100) and odds (e. Simply enter your bet amount and the odds and our parlay calculator will show you your expected profit (“To Win”) and payout (“To Pay”). 52. Do not include decimal points. Simply fill out the bet amount and odds in any one format and our calculator will show you the results!Our free parlay calculator lets you quickly input each leg of your sports betting parlay to calculate your profit and payout. Being able to calculate how much a bet returns for any given stake is one of the basics of betting and our Bet Calculator simplifies this process for bettors. Additionally, input the amount of your bet and it will calculate the payout you. Converting fractional odds to implied probability. Our single bet calculator allows you to work out your bet return and profit from any single bet. 5%. With a mix of odds, you can’t judge your win loss record the same way as a pure –110. UFC/MMA odds comparison service. Recall the odds and calculated winnings: To calculate the parlay odds, we must first get the decimal multiplier for each individual wager. To calculate the parlay payout, we first need to convert each set of odds into decimal odds, multiply the result, and subtract a factor of 1. A 'parlay' bet is a bet placed on multiple outcomes (or legs) to occur. Is there a way to. Percentage to odds calculator. 91, it adjusts to a bet of approximately 14. 00, 2. Point Spread Calculator. 0. There has to be a minimum of two legs in your bet to be classified as a multibet. 91 = 6. 714 in decimal odds (-140 in American). The calculator will then display the odds in each of the three formats, as well as telling you your potential payout should the bet win. 29; Second, multiply the decimal odds to get your multiplier: 1. Supports all major formats including decimal, fraction and. Wager Amount. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. Now that we have successfully converted our parlay betting odds from American to decimal formats we can finally calculate the odds for our parlay; Los Angeles Rams to beat the Carolina Panthers | 3. So if you placed a $150 bet on a parlay with odds of 6. These will generally be paid out at +260 — or 2. How To Use A Parlay Calculator. And lastly, a straight $100 wager at -110 would garner you a winfall of $90. Using the same example above, your max potential winnings from the free bet risked on the longer odds is $225. Should a single wager lose, the payout is zero. So, given our previous example, a very simple calculation determines that the Bengal’s decimal odds were 2. Understand how to interpret them, boost your betting strategies and improve your winning chances. 98 total if you bet $1. 50 and you bet $10, the payout upon a win will be $45. Use the Goliath return calculator to work out your winnings online for all sports. 8): Parlay betting strategyThese are in the form of ‘American’ odds’. ((1/decimal odds for Jets win) x 100) + ((1/decimal odds for Raiders win) x 100) Jets: 1/1. 0 x 10 = 90. A multibet (or multi for short), also known as a ' Parlay ' or ' Accumulator ', is a bet type that combines a series of single bets (also known as legs within a multi) into one bet. To see how a parlay calculator works, you first need to convert the odds from all of your parlay legs into decimal format. For example, decimals odds of 200. Multiplying 1. 5, and 1. Where the American odds have a positive value, simply divide them by 100 and then add 1. For each-way bets select the tick box on the right of the page if your selection has. Parlay Calculator: Calculate the payout of a parlay based on the odds of each individual leg. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including. Free Bet stakes are not included in any returns. 0000 would be. Simply put in your bet amount and the odds in any format, and our calculator will show you how much you would win, your odds in the other formats, and the implied probability of the chance of winning. Input the wager amount (e. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1. Our 2-Team Parlay/Double Bet Calculator is an invaluable tool for sports bettors wishing to determine the potential payout of a 2-pick parlay. Do not include decimal points. Fair Odds = 52. With decimal odds, it’s based on every $1 wagered. This is when a sportsbook gets the odds wrong. We can calculate the odds for the parlay as follows: Start by multiplying the decimal odds for each of the parlay legs together to get a multiplier. A simple example of this are odds for the Spread, which are commonly set at -110 for each team. Hold (Rake) Expected Value. Decimal Odds. Using our odds value calculator, you can get the expected value of your bets by comparing your projections to the odds listed by sportsbooks. The formula for decimal odds is stake x decimal odds = payout. american odds of 110 would win £110 on a £100 bet. Multiply the multiplier by your stake and then subtract your original stake to get the parlay odds. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. If both underdogs are priced at 3. E. 50 means that you would enjoy a return of $2. This bet might come into play with a total or two closely matched clubs. If you choose an underdog, simply enter the moneyline odds; no plus sign (+) is necessary (e. As the name suggests, they're presented in a decimal format: 1. 36 x 1. 6 in decimal odds. To convert positive odds to a decimal, divide the odds by 100 and then add 1. Then add 1 to get decimal odds of 6. Notice how the American odds return a slightly bigger return. 3 * 1. 1% (vs 64. 41 - $641 return for a $100 parlay bet. The steps to using a betting odds calculator are: 1. 00. How to Calculate Parlay Bet Odds A parlay bet is a single wager that requires two or more outcomes to all win. You can use a parlay calculator to make conversions in decimal and American odds. Use this betting tool before heading to your sportsbook to ensure you are committing to the best odds for your dollar. See what your total payout and winnings will be. FRACTIONAL. The formulas to convert American odds to implied probabilities will be slightly different if you're converting a negative moneyline (favorite) or positive moneyline (underdog). PARLAY OPTIMIZER HEDGE CALCULATOR ODDS CONVERTER PARLAY CALCULATOR LINE CALCULATOR HOLD CALCULATOR Betting Line Calculator. 0000 would be. The “fair” win probability for the above example is that Ohio State should win the game 62. g. Our parlay calculator will take the odds from up to 100 games, combine the odds, calculate the payout for the selected. 45. Input the wager amount (e. To use the OddsJam parlay calculator, simply input the odds for each leg of your parlay. Now you would get to enter your betting stake of $10. The decimal shows how much profit will be paid for every dollar wagered on a correct bet. Implied win probability = 76. To calculate the no vig odds, you first must convert the odds to implied win probability. A decimal odd makes it easier to know your returns on a parlay. Note: Most standard pointspread and total wagers have -110 moneyline odds. 33. Easily calculate how much $ you can win on Parlay or Single Bets. 00 profit (50% return). 20. Decimal. Multiplied together, the overall odds of your parlay bet would work out to be 7. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. Example: If you were to bet $100 on the same 3-team parlay from above: Potential payout = $100 * 7. The easiest way to calculate a parlay payout is to first convert moneyline odds to decimal odds. g. 667%. Here’s how to use our free parlay calculator: Select the odds format (American, decimal, or fractional odds) Input your individual bet odds. Our parlay optimizer & odds checker tool uses unique & powerful algorithms to help you maximize betting profits for NBA, NFL, MLB, NHL & many more sports. Using our hedging calculator, you will enter in the original odds (+750), your original bet amount ($100), your hedging bet odds (+200 for the Packers to beat the Chiefs in the Super Bowl), and then your bet. If you’re using decimal odds, simply multiply all bets with the stake. 33 winning. In horse racing, odds will dip to something like 3/5 or 5/7 which usually means that horse is a big favorite. The most comprehensive and reliable bet calculator. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including. This makes it simpler to understand the parlay formula. DECIMAL. For example, a -125 favorite would have an implied probability of approximately 55. Use this betting tool before heading to your sportsbook to ensure you are committing to the best odds for your dollar. Implied Probability. If you are most comfortable with the American betting odds format, you can either convert the numbers yourself or change the settings on the online sportsbook you use. g. Most betting sites online, as well as all betting apps, will do the math for you. For example, if the odds are 1. 909 and 1. First bet must be on Sports. Here’s how to use our free parlay calculator: Select the odds format (American, decimal, or fractional odds) Input your individual bet odds; Input your bet amount; Click on the. Calculate Asian Handicap Odds. Divide the odds by 100, and then reduce it to its simplest form, e. Per the calculator, this parlay would typically win $264. This sports betting calculator helps bettors compare moneyline odds and point spread odds. Amount wagered. All you need to enter are the American odds of a bet (either by using the slider or entering the value in the field) and the bet. Say you place $100 on. Remember from the moneyline calculator article, that negative odds and favorable chances need to be evaluated in different ways. The American odds calculator above allows you to see various outputs such as decimal odds, implied win probability, amount returned on a bet (or “payout”), and bet profit. 0 x 0. Indianapolis Colts to beat the Los Angeles Chargers | 3. The Excel Parlay Calculator is a very simple sports betting tool. That is $1. Other useful calculatorsBetting Calculator. 91. Hedging Calculator. Enter 1. The VSiN free parlay calculator allows. Registered Office: Hillside (UK Sports) ENC (registration number P1892) and Hillside (UK Gaming) ENC (registration number P1888), Office 1/2373, Level G. 0, then we simply subtract 1 from the decimal odds and apply a. 35 — a profit of $659. 2- Enter the odds for each leg of the parlay. In the UFC odds example above, Poirier is the favorite and the betting works like this: Picture $100 sitting in the middle of those two numbers. 00 = $200). Catatan: Jika menang full, hitungan nya akan menjadi sama dengan Odds. 1. 5. Negative figures: The odds state how much must be bet to win £100 profit e. A Parlay (Accumulator) can be the route to a big payout for a. (y – 1) x 100. US2Dec(range of USOdds) (usage 2): Converts an array or Excel range of US-style odds to decimal parlay odds. Note: Most standard pointspread and total wagers have -110 moneyline odds. 63 x 1. 5438 and we get 4. 9%. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. 33: Implied probability of 75% would return Decimal Odds of 1. FRACTIONAL. This calculator. You can also look around the internet and many sites offer odds converter tools to make this easier for you. Multiply the answer by the amount that you wagered. Input your bet amount. The parlay calculator will show you two things: how much profit you can make by placing a parlay bet and the probability of winning the bet you’ve. Gambling statistics; Responsible gambling; Betting odds explained; Decimal odds; Fractional odds; Moneyline odds; How to bet. 0 x 3. But there are three other main odd types that online bookies will. (Price n) n = number of bets in the parlay. For example, if the Dallas Cowboys have negative NFL odds of (-325) to win, the above process yields the calculation 1 +1 + 1 + 1 / 3. You will get a payout of $600 for your 3-team parlay, which is the direct payout of a market with odds of 6/1. 25 = 4/13. Now we can calculate the total parlay payout by multiply the odds by our original stake: 5. DECIMAL. The odds for this NFL parlay are +11,502 — thankfully, your sportsbook will do all the math for you. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. Updated on 11/22/2023. g. Add 1 to each result. To calculate how much the parlay will payout, multiply the parlay odds by the amount you wager. Multiply the result of Step 2 by your bet amount. The payout for each winning parlay is determined by the odds associated with each team or individual in that parlay. An eight team parlay has a 0. Click. American Odds (-110) Decimal Odds (1. For instance, by making a $100 wager with 2. 97. Ignore the boxes that are not included in your parlay (leave "0" in each box; they will not be factored into the parlay). This % is so important because you see sports books and handicappers advertising parlays with crazy odds and calling them "locks. 00. Malaysian odds are expressed in decimals, either positive or negative. The first is for when the decimal odds are greater than 2. 5% from both win probabilities, then finding the odds associated with the now “fair” win probabilities. We find that the decimal odds on each game are 1.