For example, a $10 three-leg parlay bet where the odds of each selection is: $5, $2 and $4 will cost $10 and return a winning dividend of 10 x (5 x 2 x 4) = $400. 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. To discover what the parlay odds for one bet is we need to convert these American odds into their decimal odds equivalent. If you are betting online then most sports betting sites can do this automatically, but the formula is very simple for favorites or underdogs. For underdogs (or plus odds) you need this formula: (plus odds + 100) / 100. Parlay Odds Calculator Tool: This parlay / accumulator tool allows you to calculate the overall parlay odds if you combine a selection of individual bets. Enter the number of legs in the parlay, then enter the individual odds and the tool will produce the overall parlay odds! The parlay calculator accepts US or decimal odds, so you could enter -110 or 1.91, for example. Make sure you enter the minus sign if there are negative odds in a US format. 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. The odds in the bet multiply for every additional leg you add to the multibet. There has to be a minimum of two legs in your bet to be classified as a multibet.
The total odds for a parlay is simply the product of the decimal prices for each market in the parlay:
(Price 1) * (Price 2) * ….. (Price n)
n = number of bets in the parlay
True Odds Parlay Calculator
Example
Odds Parlay Calculator Payout
If you were to have a three-team parlay with the prices 1.45, 1.20 and 1.55 the total odds for the parlay would be 1.45 * 1.20 * 1.55 = 2.70
Also see:
How To Convert Fractional Odds To Decimal , How To Convert American Odds To Decimal, and What Is A Parlay?
Calculate Parlay Odds
True Odds Parlay Calculator
Example
Odds Parlay Calculator Payout
If you were to have a three-team parlay with the prices 1.45, 1.20 and 1.55 the total odds for the parlay would be 1.45 * 1.20 * 1.55 = 2.70
Also see:
How To Convert Fractional Odds To Decimal , How To Convert American Odds To Decimal, and What Is A Parlay?
Calculate Parlay Odds
Calculate the payout of your parlay but skip the math using our simple parlay calculator.
