Chelsea -150 (Bet $100 to win $83)The BonusFinder parlay calculator works with American odds and Decimal odds. 1% (vs 64. Under Odds Type, pick your odds style. The odds for each game are counted as an individual bet. 5. The payout for each winning parlay is determined by the odds associated with each team or individual in that parlay. This will convert them to the two other types of odds and give you the implied probability. -110). To read decimal odds and calculate your potential winnings, all you need to do is multiply the decimal number by your stake. You can use a parlay calculator to make conversions in decimal and American odds. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. Reset. TEAM A NO-VIG ODDS-TEAM A TRUE PROBABILITY-TEAM B NO-VIG ODDS-TEAM B TRUE PROBABILITY-FAQs. 97) and bet amount ($100) equals the total potential payout of $181. Odds Conversion Calculator. If you choose an underdog, simply enter the moneyline odds; no plus sign (+) is necessary (e. 97. The second easiest way to calculate parlay payouts is to use an online calculator. The $100 wager on +220 odds would return $220. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. Here are. Set the preferred format to decimal. Subtract your original stake to get the parlay odds. 74 by a $50 bet yields $87, and subtracting the stake. 50 odds will pay out $150 ($50 profit, plus your $100 stake). Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. 00, 2. 4 times $100 equals $252 payout. 1 x 1. Our Stats tracker showcases in-depth legal status of each state with great sports trivia material - for example - we show you all active pro athletes who were born in each state, all. The main reason to parlay bets is because the payout can turn into much more money than a single bet. Build your perfect parlay with the USA TODAY Parlay Calculator powered by Tipico Sportsbook. 30. This No-Vig Odds Calculator lets you find the vig-free odds and no-vig probabilities when you enter the odds of both sides of a bet. 50) Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction. The easiest way to calculate a parlay payout is to first convert moneyline odds to decimal odds. 38%. If you choose an underdog, simply enter the moneyline odds; no plus sign (+) is necessary (e. 909 X 1. . Using our odds value calculator, you can get the expected value of your bets by comparing your projections to the odds listed by sportsbooks. Calculate the odds of any parlay and more importantly understand how those odds convert to a probability! Our parlay calculator shows you not only the payout for any kind of parlay but also the implied probability. The calculator supports moneyline odds that are popular in the US and decimal odds for customers in Canada. 4 X 1. Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. 0000 would be. 6% percent chance of winning and is equivalent to +17545 American odds and 176. $10 x 2. To calculate the potential payout from a football bet, multiply the stake by the odds. 50, 2. If you entered each of those odds into the baseball parlay calculator, you would see that the final odds of the parlay are +2521. Decimal. US2Dec(range of USOdds) (usage 2): Converts an array or Excel range of US-style odds to decimal parlay odds. How to Use the Sports Betting Odds Calculator and Converter. For example, if you create a 5-team parlay with odds of 2. 80 at +2436 odds. 91 x 1. 50, and the odds of +200 would be converted to 3. You multiply your stake (bet amount) by that figure in order to calculate your potential return. Our parlay calculator will take the odds from up to 100 games, combine the odds, calculate the payout for the selected. 0 x 3. Usually, you would get $1,300 when you bet $100. 688. A three-game parlay with American odds of +140, -110 and -160 would have decimal odds of 2. 50 for every $1 you wager. 8 (100 * 3. We now know the no-vig win probability of -600 / +450 is 82. To change your odds format, simply click the drop down menu next to “Odds Type” and select either American or Decimal. This makes it simpler to understand the parlay formula. Use our free bet calculator to calculate the cost and winning return of any bet type. 91 which returns $1. 36; Rams (-350): 1. 75 = 1. Calculate your parlay/accumulator bets with our parlay odds calculator. This percentage factors in the bookmaker. The more bets you include and the bigger the underdogs, creates a bigger potential payout, but decreases your odds and increases your risk. Let’s look at a simple two-team parlay. 20, Yankees 1. Example: if the values of cells A1 and A2 both equal -102 ExchUS2Holds (A1. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e. Asian Handicap betting is popular for soccer fixtures and other sports where a draw is a. Calculate Reset . 909 and 1. g. Our betting odds. Enter any applicable deductions (leave as 0 if you are unsure) along with the total stake that will be applied for each bet. 53, 1. So if you're parlaying three point spreads at -110 — -110. How to Use Our 2 Pick Parlay Calculator. The app can also settle all Multiple Bets (e. A Parlay (Accumulator) can be the route to a big payout for a small outlay. No-Vig Summary. NFL Odds Calculator: See the. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Betting odds appear in various forms: American odds (+ or -), a decimal, or a fraction. Convert combined decimal odds back to American oddsAccumulators are very similar to multi bets. 909 X 1. To calculate your winnings, multiply your wager by the odds, then subtract your wager from the result. 5, then we parlay odds of 12. Where the American odds have a negative value, divide 100 by the odds and. 9) by your bet amount ($50). 64. 3% before) and Utah should win the game 37. For example, decimals odds of 200. The most comprehensive and reliable bet calculator. (5 – 1) x 100 = 400. The +200 represents the amount a bettor would win if they had wagered $100. How to Calculate Parlay Bet Odds A parlay bet is a single wager that requires two or more outcomes to all win. Individually, a successful a $100 bet at -150 would win you $66. Parlay bets are calculated by multiplying the odds of each individual selection together, and then multiplying the total by the stake amount. Multiply the multiplier by your bet amount. 1 -1) * 100 = +110. You can use the Bet Calculator to provide you with examples of how a bet may be settled. Parlay Decimal Odds: 3. For Decimal odds greater than or equal to 100, preface the odds with either a ‘0’ or a ‘d’. The “fair” win probability for the above example is that Ohio State should win the game 62. 5. For example, in a three-team parlay, the odds of each team are 1. 20. 69 in the decimal odds box. Parlay bets are calculated by multiplying the odds of each individual selection together, and then multiplying the total by the stake amount. 0 x $100 = $200). First, use our odds converter tool to convert the odds on your lines into decimal. 5. 4, and 1. As we said before — high risk, high reward! Of course, you don’t have to pick five legs. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. Most hedge calculators allow you to only calculate one hedge. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. For the NFL listings above that say 1. 50, 1. For. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e. Choose Single Bet or Parlay (when making 2+ bets) Select American/Decimal or Fractional odds. Parlay Calculator: Calculate the payout of a parlay based on the odds of each individual leg. american odds of -120 would win £100 on a £120 bet. Based on this information, you will see that the estimated moneyline. 00 in decimal format. Click on Add Bet to add the other wagers on your ticket See full list on vegasinsider. For example, decimals odds of 200. up to $1,500. The implied probability calculator helps bettors compare the implied probability of a betting market against the actual “fair” probability of that market. The steps to using a betting odds calculator are: 1. The amount you opt to wager on this parlay is $100. Multiply the multiplier by your stake and then subtract your original stake to get the parlay odds. The implied probability calculator helps bettors compare the implied probability of a betting market against the actual “fair” probability of that market. A parlay is a bet that combines multiple selections into a single wager that has a payout only when all parts win. For example, if you really like two teams to win, you can combine their moneylines into a parlay bet. Note: Most standard pointspread and total wagers have -110 moneyline odds. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. 0000 would be. 13. Enter the odds offered on each selection. Parlay payout ($100. Rumus Mix Parlay = (Hasil Perkalian Odds x Jumlah Betting) - Jumlah Betting. BetMGM Review. g. "Round Robin" in the US and Canada refers to a combinatorial parlay bet, a completely different bet to the UK version. Then multiply the. 25 + 3. 69 is equivalent to in American odds and fractional. 7% chance to win this game. Our betting odds calculator is flexible and customizable. You can use a parlay calculator to make conversions in decimal and American odds. 5 (or +450). 50 means that you would enjoy a return of $2. The +150 odds would be converted to 2. This is also known as “juice” or “hold. 9%. Parlay Calculator. Enhance your betting experience now by mastering the art of decimal odds interpretation. ODDS TYPE. Subtract your original stake to get the parlay odds. - Convert odds between moneyline, decimal and fractions. For example, if the odds are 3. 0000 would be entered as. The Next Parlay Calculator Step. 2. 5 goals, while a +1. Now that you know how likely you are to win your next bet - compare sportsbook odds to win more!The spread, also known as the line, is a figure set by the sportsbook to counter the perceived gap in abilities of opponents, which in turn provides more balanced odds. 2. Of course, in the US, American odds are the most common. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Parlay calculator. American Odds. Using the same example above, your max potential winnings from the free bet risked on the longer odds is $225. Expected Value (EV) Summary. Of course, in the US, American odds are the most common. 5, 3. When applying the fractional Kelly value of 0. Now we can calculate the total parlay payout by multiply the odds by our original stake: 5. 49 (decimal odds) Now, you can calculate the potential payout for each parlay by multiplying the stake by the decimal odds. The Betting Odds Converter helps you figure out what the odds are for each of the standard odds formats that you may come across: American — what you will find on The Action Network and across most American Sportsbooks Decimal (also known as European) — most common in other parts of the world Fractional (also known as UK) — the main. How to Hedge a Parlay Bet. 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 calculator is fully customisable and comprehensive in the. Here you can calculate returns once you add your prefered odds and bet amount. If your decimal odds are a round number, such as 7. Simply select the 4-Way Hedge and enter the odds for the other 3 teams. On the other hand if it’s less than 2 you divide -100 by decimal odds minus one. 625. +140) Fractional Odds (e. 38%. Some online bookmakers also offer a free way to calculate parlay odds besides using the bet slip as they add legs added to see the possible payout. 36 x 1. Players can also enter their bets into the online sportsbook they plan to use and enter their selections. This long, but easy, formula is how the Kelly Calculator creates its results: ((Decimal Odds – 1) * Decimal Winning Percentage – (1 – Winning Percentage)) / (Decimal Odds – 1) * Kelly. That is $1. Rounded up to two decimals on a parlay calculator, that gives a potential payout of $121. 85), fractional odds (57/20), and implied probability (25. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. P – X = Your Guaranteed Payout. If you’re using decimal odds, simply multiply all bets with the stake. You can enter your own stake and the odds for a single bet or a range of multiple bets. 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. Other useful calculatorsBetting Calculator. A $100 wager on +200 would result in a $200 payout, +100 pays out $100, while -300 results in a $33. Note: The calculator accepts US or decimal odds. The example shows an ‘all up’ 3-leg parlay bet where the bettor’s three selections must all win for the parlay to be successful. Plus (+) odds can be typed in without adding the plus symbol (e. Team A: Team B: Sharp Book US Odds: Sharp Book Implied True Win %: 67. 5 (5/2) equals 250. In order to calculate the parlay payouts, you start by multiplying all of the decimal odds together. An odds of -150 means that you need to bet $150 to have a chance of winning $100. 20). 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. For example, a $10 fivefold accumulator where the odds of each leg are: $5, $2, $4, $2 and $3 will cost $10 and return a winning dividend of 10 x (5 x 2 x 4 x 2 x 3) = $2, 400. You might see an online bookmaker offering decimal odds of 1. 55 the total odds for the parlay would be 1. If the odds are 4. It also allows you to choose your Odds Type (American, Fractional or Decimal) and enter up to 100. A simple example of this are odds for the Spread, which are commonly set at -110 for each team. Decimal odds, most popular in Europe, are fairly straightforward. To determine the payout, multiply the result by the wager. For example: A $100 bet at 1. 33 on the Capitols you ensure you make just over $2,906 regardless of the outcome! This would have been very important given the Capitols went on to win the Stanley Cup. Below is a two-step guide that explains how to use our betting odds calculator for the first time. However if the parlay does succeed, the winnings from a $10 stake will be $1,150. E. For example, if you successfully bet $10 on odds of 3. 1. Instead of betting one team at -150. 909 and 1. g. 4. New England Patriots to beat the Pittsburgh Steelers | 1. The first calculation table below will convert odds from American to decimal odds and American to fractional odds. With our parlay calculator, you can select how you want your odds displayed. 1: (2. The Money Line Odds will show the favorite listed with a (-), and the underdogs will be indicated by a (+) symbol. Right here is what that resembles:. 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. Whichever variation you enter into the odds calculator, it converts it to all other formats. The best way to calculate your potential winnings from a parlay is to convert the odds of each selection into decimal format. Parlay Leg 2. g. Parlay Calculator. 2 x 100 = 83. American - Moneyline. 45%. 6. Then 6. For example, if the odds are 1. 48% * The reason why this probability differs from the American odds probability is that the true decimal odds for the Yankees is. Therefore, there’s a $2. If the odds if positive, let's say +200, it means by betting $100, you will have a chance to win $200. Indianapolis Colts to beat the Los Angeles Chargers | 3. Multiply the answer by the amount that you wagered. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. 91 x 1. Let’s say you want to bet on the following selections for a parlay: Toronto Raptors to cover the spread against the Houston Rockets at -110 (1. 120). Other useful calculatorsThe parlay calculator is quick and simple to use. Bet Type. Input your first wager in the Bet #1 slot. The formula we have applied here only applies when your decimal odds are above 2. 29 = 2. To calculate the updated odds of the ticket, we just need to convert the American odds of -110 to the decimal odds of 1. 46 ($1,764. Choose either US odds or decimal odds for the Kelly Criterion. Ignore the boxes that are not included in your parlay (leave "0" in each box; they will not be factored into the parlay). Registered Office: Hillside (UK Sports) ENC (registration number P1892) and Hillside (UK Gaming) ENC (registration number P1888), Office 1/2373, Level G. Input your bet amount. (y – 1) x 100. 25 + 3. Using our odds value calculator, you can get the expected value of your bets by comparing your projections to the odds listed by sportsbooks. Wager Amount. 38 – 1) x 100 = 1038 or +1038 in the language of the book. About AceOdds. 4. All you need to do is input your desired stake and the current odds. If you choose an underdog, simply enter the moneyline odds; no plus sign (+) is necessary (e. It's that easy! Odds current as of November 22, 2023. Calculate potential moneyline wins with our odds calculator to make sure the line is worth your money! NHL Puckline (Canadian Line) The puckline is a hybrid form of NHL betting that merges the moneyline and a point spread -- a -1. a $100 parlay bet on these four outcomes at US ODDS if all correct would return $649. The expected value of a $100 bet on Rams +110 is equal to $5, as seen in the calculator. 967 Then, you take this number and multiply it by your wager which will give you the total amount of money the sportsbook will give back to you. All is possible with our parlay betting calculator. Add Parlay Leg . A parlay also known as a ‘ Multibet ’ or ‘ Accumulator ’, is a bet type that combines a series of single bets (also known as legs within a parlay) into one bet. 88 and. Our odds converter allows you to enter your odds in one format (American, Fractional, or Decimal) and it will show you your odds in the other formats as well as the Implied Probability of winning. 50 means that you would enjoy a return of $2. So using the above example: 2. How to Calculate Parlay Bet Odds A parlay bet is a single wager that requires two or more. Luckily, OddsJam has a parlay calculator that will do all of the math for you, but the formula is quite simple. Another Gambling Odds Calculator Example. 91. Note: Most standard pointspread and total wagers have -110 moneyline odds. g. As an example, if you wager $100 on 2. Enter the win odds and the place odds (either directly (e. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats &. Outspread to moneyline converter would quickly reveal that the expected moneyline odds for the Celtics as favorites to win would be -349. That implies the Packers have about a 66. **Do not include decimal points. 909 and 1. To convert positive moneyline odds to decimal odds, divide the positive moneyline by 100, and add 1, as shown. 50, you're looking at a payout of $250 for every. 100) and odds (e. Most betting sites online, as well as all betting apps, will do the math for you. That’s not all profit though, that includes your stake. When typing in odds with a minus (-) sign you must include the sign (e. For example, decimals odds of 200. Reset. Parlay Hedging No-Vig Expected Value. Now we simply subtract the bet amount and to calculate. American Odds (-110) Decimal Odds (1. 20 ≈ 0. 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. Calculate the parlay winning amount. To calculate the implied probabilities: For the Red Sox: Implied Probability = 1 / 2. You can save doing out this math by using the tool at the top. 50 for every. The order in which you multiply the odds does not matter. You can enter your own stake and the odds for a single bet or a range of multiple bets. For example, odds of 3/2 would be converted to (3/2) + 1 = 2. 4% / 104. Arbitrage exists because bookmakers set their odds independently; in other words. 5% from both win probabilities, then finding the odds associated with the now “fair” win probabilities. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. 10) Team A Odds. Enter the odds for each bet option and the Kelly calculator will tell you the implied win probability, or the edge. It’s also possible to determine your profit based on the amount you choose to wager. The implied probability of success is a pretty slim 0. 5. 38%. For a variety of reasons, bettors can use no-vig lines to their advantage. 50 means that you would enjoy a return of $2. Find out how much you'll win on any. 45, 1. Bet How to Calculate a Parlay Article by: Keltner Colerick You have been on a hot streak and are feeling good about a couple of different bets one night. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. 80. 66 x 1. Decimal Odds. The total odds for a parlay is simply the product of the decimal prices for each market in the parlay: (Price 1) * (Price 2) *. If you pick a favorite, you. 91. Decimal - 1 divided by the decimal odds, multiplied by 100 to give a percentage e. The odds for each pick are multiplied by one another to determine the odds for the parlay. How To Use A Parlay Calculator. , 400/100 is the same as 4/1. 35. That’s it!Fractional odds express the net return (in fractional form) from a winning 1 unit bet. The Bet Calculator is provided for illustration purposes only. 5). The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats &. The calculator. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. Parlay odds work by taking the risk of each parlay leg happening individually and combining it into the odds for each parlay leg to happen collectively. How to Calculate Parlay Bet Odds A parlay bet is a single wager that requires two or more outcomes to all win. 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. You can enter your odds in American (Moneyline) Odds, Decimal Odds or Probability and our parlay calculator will convert all the odds for you! How Parlay Odds Are Calculated: To calculate the odds of a parlay, you multiply the % chance of each leg of the parlay happening, then convert that overall % chance of happening back into your chosen. 20, fractional odds of 2/6. It's free to sign up and bid on jobs. Payout Calculator.