Before making any bet, it helps to know what you're risking for the expected payout. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. See what your total payout and winnings will be. Work out your parlay odds in our easy to use parlay calculator. Save time working out your potential payout. We have created a beautiful free parlay calculator and you have the option to add up to 15 bets. So if you like to go big, we have you covered! How to Use a Parlay Calculator. With our parlay calculator, you can select how you want your odds displayed. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1.20). Under Odds Type, pick your odds style. Input your first wager in the Bet #1 slot. Click on Add Bet to add the other wagers on A parlay calculator is a betting tool that aids gaming investors find out the odds and results of a parlay bet. A parlay, also known as an accumulator, is 1 bet whose results are usually determined by 2 or even more underlying bets. When successful, it offers greater returns to the investor since it links up many events for a higher payout. If the parlay is to win, each of the bets must win. Parlay Calculator. A parlay is a single bet that links together two or more individual wagers for a high payout. For Fixed Odds Parlay, where the Standard Money Line is "-110", a 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, a five team parlay might pay 20/1 and a six team parlay might pay 40/1 Most of them are set up in different ways, but they all basically just need you to input the odds and payouts of all the wagers that make up the bet. If you’re thinking of placing a parlay bet, it’s always a good idea to use a calculator to see exactly what the payout is. So the total odds for our parlay bet are 5.5 (or +450). Now we can calculate the total parlay payout by multiply the odds by our original stake: 5.5 x 10 = $55. Our total payout is $55. Now we simply subtract the bet amount and to calculate our total profit: $45. This Bet Calculator allows bettors to calculate the potential Payout for any single bet and has a simple ‘Add Odds’ function to calculate the Payout for a multiple bet. It might be one of the most basic calculations in betting but using the Bet Calculator above will help bettors enhance their understanding of what betting odds represent and what it means for their bet. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. Find out how much you'll win on any parlay. Remember also that, if you win your bet, in addition to your profit, you will get your wager back. How to Calculate a Parlay Payout: Now that we understand how to calculate individual moneyline profits, we need just a few more steps in order to calculate a parlay payout.
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