As you can see this is the same probability as with. 50 for every $1 you wager. 2. 00 decimal odds mean that you stand to receive $5 back for every $1 you. 5-1) = -200. 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. American Odds (-110) Decimal Odds (1. 50 means that you would enjoy a return of $2. 20. 667%. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats &. 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. The higher the potential winnings from the free bet, the more you have to hedge against. This is also known as “juice” or “hold. Our betting odds calculator is flexible and customizable. This percentage factors in the bookmaker. Parlay odds: 8. The money line-to-decimal formula is straightforward: Favorites - A negative value (-250) money line divide 100 by the number. 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. - Football and Basketball Teasers up to 16. 36; Rams (-350): 1. To do this, let’s go back to ninth-grade algebra. 5) American Odds (e. Do not include decimal points. It includes the amount of profit earned and your stake. Example for 1. odds for each selection are different. 91 decimal), your math would look like this; 1. Calculate Asian Handicap Odds. 32, 1. The formula to calculate this probability is relatively straightforward. If you’re using decimal odds, simply multiply all bets with the stake. 818. 38%, which adds up to 104. Decimal - 1 divided by the decimal odds, multiplied by 100 to give a percentage e. Now that we have converted American odds to Decimal odds, all that is left to do to determine. Parlay Calculator. 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. a $100 parlay bet on these four outcomes at US ODDS if all correct would return $649. Fractional odds show two. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e. This gives you a fast and easy way to see whenever a sportsbook’s odds are simply too good to pass up. Packers: 200 / (200 + 100) *100 = 66. If you choose an underdog, simply enter the moneyline odds; no plus sign (+) is necessary (e. g. 25. Use this betting tool before heading to your sportsbook to ensure you are committing to the best odds for your dollar. Each of the two legs in this parlay are standard -110 juice. 9/4. 50 means that you would enjoy a return of $2. Parlay Decimal Odds: 3. 41%, which is less than 100% and therefore a surebet. Right here is what that resembles:. To calculate parlay odds manually, the easiest way is to first convert the odds to decimal format and then multiply all the decimal odds together. Is there a way to. 50, 2. To determine the payout, multiply the result by the wager. Jika kalah setengah, hitungan nya menjadi tetap 0. Negative figures: The odds state how much must be bet to win £100 profit e. g. your stake. You will need to use lay bets at betting exchanges to guarantee yourself a profit using our hedging calculator. 44. N egative odds and positive odds need to be evaluated. Kasanganay wins in round 3 or 4. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. 52. NOTES: In the event that a three-or-more-team parlay results in a tie, it will reduce the wager to the next lowest payoff. g. 00 = $200). Choose Single Bet or Parlay (when making 2+ bets) Select American/Decimal or Fractional odds. Same game parlays do not use simple parlay math as the correlations between bets make certain. 36 x 1. Multiply the result of Step 2 by your bet amount. 100) and odds (e. How do you calculate same game parlay odds? Calculating parlay odds is as simple as multiplying each bet’s decimal odds together. 88 and. The implied probability calculator helps bettors compare the implied probability of a betting market against the actual “fair” probability of that market. You can use our betting odds calculator to help you convert your odds to decimal format. 6. A parlay is a bet that combines multiple selections into a single wager that has a payout only when all parts win. For fractional odds,. 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. Enter the odds for each bet option and the Kelly calculator will tell you the implied win probability, or the edge. 38%. 71. decimal odds of 2 = (1/2) * 100 = 50%. You can convert your odds between American, decimal and fractional quickly. 91. 20 as the indicated betting odds, you'd multiply $100 by 2. 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). Rumus Mix Parlay = (Hasil Perkalian Odds x Jumlah Betting) - Jumlah Betting. 80, and 2. 625 = 7. 5, then we parlay odds of 12. Plus (+) odds can be typed in without adding the plus symbol (e. 36 x 1. 97 x 10 = 69. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. It’s also possible to determine your profit based on the amount you choose to wager. 2 x 1. 33. If your decimal odds are a round number, such as 7. Note 2: The calculator will convert exchange money lines + commission into zero commission sportsbook. What Is Parlay Calculator? The Parlay Calculator indicates how much money sports bettors would win if they placed a bet on a certain number of games. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e. The best way to calculate your potential winnings from a parlay is to convert the odds of each selection into decimal format. 00. An odds of -150 means that you need to bet $150 to have a chance of winning $100. For each-way bets select the tick box on the right of the page if your selection has. 62%. 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. For example, combining three bets with decimals odds of 1. 77% hold. The second easiest way to calculate parlay payouts is to use an online calculator. This bet might come into play with a total or two closely matched clubs. American Odds (-110) Decimal Odds (1. 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. In order to calculate the parlay payouts, you start by. g. Enter the odds for each bet option and the Kelly calculator will tell you the implied win probability, or the edge. 909 and 1. 5. An example of the parlay calculator in action is shown in the screenshot above. To calculate “+” American odds, take the odds number and divide by 100, then multiply that by the size of the bet. For example, if the odds are 3. To show you what it means for a parlay to have no gap in its payout and odds, imagine betting $100 on a favorite to win at 6/1. 7. 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. 1 x 100 = 14. Step 3: Multiplying Odds TogetherHorse Bet Calculator: Find Out What You Will Win. 18 % of your account balance on this particular selection. Now you would get to enter your betting stake of $10. 909. The “fair” win probability for the above example is that Ohio State should win the game 62. The formula for decimal odds is stake x decimal odds = payout. 43 in total. Multiply all three to get the decimal odds for the entire parlay, like so: 2. You can input the different lines, and the calculators will spit out the amount you stand to win from correct picks. 00 in decimal format. 10/11. Try removing a selection completely to keep your parlay within the realms of possibility. P – X = Your Guaranteed Payout. A 3/5 favorite is equal to -167 in American odds and 1. The decimal shows how much profit will be paid for every dollar wagered on a correct bet. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. Parlay odds don’t change when using a round robin. 98, that means you’ll get back $1. There are two different ways to convert from decimal to American odds. On the other hand if it’s less than 2 you divide -100 by decimal odds minus one. The calculator supports moneyline odds that are popular in the US and decimal odds for customers in Canada. Subtract your original stake to get the parlay odds. To convert positive moneyline odds to decimal odds, divide the positive moneyline by 100, and add 1, as shown. First, enter the odds into one of three available spots: American (US, moneyline), Decimal (EU), Fractional (UK). Now that we understand how to calculate individual moneyline profits, we need just a few more steps in order to calculate a parlay payout. Our calculator supports all major formats: American Odds (-400) Decimal Odds (1. 1 x 1. Payout Calculator. 5 (5/2) equals 250. When applying the fractional Kelly value of 0. 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. Add the positive sign, and we get +400. 5 = 5. com Here’s how the math works step by step: Convert the American odds to decimal odds using our odds converter. Enter the details and the betting calculator will predict your earnings and show your anticipated profit. Set the preferred format to decimal. An unbeatable betting experience. To determine your potential winnings with decimals, all you need to do is multiply your stake by the indicated odds number. 91 x 1. NFL Odds Calculator: See the. To bet on Poirier, you have to risk $130 in order to turn a $100 profit. 36 x 1. Our betting odds. 3% before) and Utah should win the game 37. Arbitrage exists because bookmakers set their odds independently; in other words. Choosing big underdogs for your free bet is usually the best move. So let’s put this into a sports context if you’re parlaying the Jets, Chiefs and Ravens at -110 (1. How to Hedge a Parlay Bet. The calculator will then output various potential results from your wagers. By utilizing the parlay calculator, you can conveniently determine the payout for your bets by inputting your stake and odds in American, Decimal, or Fractional formats. It's that easy! Odds current as of November 22, 2023. 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. 00, 1. 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. g. 91. Compare how different outcomes on each selection might affect your profits before placing your bet. Let’s look at two other common formats: decimal odds and fractional odds. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. 91 if the bet hits, and in the example above, we. Yankees, Lucky 31s) with up to 6 selections. 91 (rounded). Many bookmakers support all three odds formats. The easiest way to manually calculate the combined odds on a parlay bet is to convert each selection from American odds to decimal odds. Vig Calculator. 20. 90 – 10 = $80. The maximum number. 59 win. Decimal odds and fractional odds are the most popular odds formats in the world, at least outside North America. Square Book US Odds: Calculate: Square Book ROI: Kelly Multiplier: Fraction of Bankroll to Wager at Square. 0 x 3. 91 = 6. There's also a calculator for 'Dutching' and the option to purchase an Overround calculator. Decimal. Instead of betting one team at -150. 1 -1) * 100 = +110. 7 = 3. Registered Office: Hillside (UK Sports) ENC (registration number P1892) and Hillside (UK Gaming) ENC (registration number P1888), Office 1/2373, Level G. Implied Probability Calculator: See the implied probability of a sports bet based on the odds. 91)When odds are expressed with a plus (+) or minus (–) symbol followed by a number. 43 in total. 625 = 7. (decimal odds) AC Parlay: Odds of Team A winning: -150 (1. Here are the decimal odds for a three-leg NFL parlay: Bucs (-275): 1. The app can also settle all Multiple Bets (e. NBA Odds Calculator: See the projected payouts of your NBA bets. The formula to convert American Odds into Decimal Odds is as follows : Step 1: Determine if odds are positive or negative. NFL Odds Calculator: See the. The VSiN free parlay calculator allows. 5%, you see these now total 100% so the vig is removed. This will give you the combined odds for your parlay. Now we can calculate the total parlay payout by multiply the odds by our original stake: 5. To calculate the updated odds of the ticket, we just need to convert the American odds of -110 to the decimal odds of 1. BetMGM Review. Fight ends in round 1 or 2. Hedging Calculator. Betting odds appear in various forms: American odds (+ or -), a decimal, or a fraction. Parlay Calculator: Calculate the payout of a parlay based on the odds of each individual leg. 2. This parlay calculator works with American moneyline, decimal, and fractional odds. In order to calculate parlay odds you will need to use the Decimal odds format. 50 Fixed odds parlays It’s important to note that the calculator above doesn’t reflect parlay odds in all. 4 X 1. odds format: selections: +-each way. 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 amount you opt to wager on this parlay is $100. Using our odds value calculator, you can get the expected value of your bets by comparing your projections to the odds listed by sportsbooks. Dustin Poirier -130. Guide. Below is a two-step guide that explains how to use our betting odds calculator for the first time. The decimal odds of each bet are 3. American Odds. The parlay calculator allows you to input the odds for each leg of your parlay to quickly calculate the payout of your bet. 0 (+200 as American odds), you would win $20. 9 (after rounding) 3) Now multiply the above answer (3. 5% and 18. The Bet Calculator is provided for illustration purposes only. 97 for the parlay odds. To remove this we need to divide each implied probability by the overall percent market (in this case 103. 5. Use the Goliath return calculator to work out your winnings online for all sports. 36; Bills (-275): 1. Parlay Leg 2. The Excel Parlay Calculator is a very simple sports betting tool. 45 in decimal odds. 100/250 = . 00 * 1. Introduction to betting. To calculate the no vig odds, you first must convert the odds to implied win probability. $10 x 2. Enter the odds for each bet within the parlay, line by line. Finally, subtract your original stake to get the parlay winnings. 91 x 1. 0000 would be. Parlay Calculator See how much you can win with your next parlay bet. 91 x 1. 32) x 50 = 241. 13. Additionally, input the amount of your bet and it will calculate the payout you. 97 is +597. 00 for a $5. Find out how much your sports betting parlay bet will win you here at Bookies. So if you're parlaying three point spreads at -110 — -110 converted to decimal odds is 1. Odds Formula. Third, multiply. 00 bet): $835. Wager Amount. Our odds value. Do not include decimal points. 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. 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. Percentage to odds calculator. For example, odds of 3/2 would be converted to (3/2) + 1 = 2. Parlay Leg 3. 83). The calculator will. 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. ((1/decimal odds for Jets win) x 100) + ((1/decimal odds for Raiders win) x 100) Jets: 1/1. 91 = 6. 41. You can use a parlay calculator to make conversions in decimal and American odds. Here is what you would plug in where: Spread value = 4. Should a single wager lose, the payout is zero. Add the odds you were given. From here, you could type in the decimal odds for each of the four teams, which for this example would be 2. 0000 could be entered as either”d200″ or “0200”. 74 by a $50 bet yields $87, and subtracting the stake. g. , Rams vs Chiefs; Rams Moneyline: -110 and Chiefs Moneyline: -110 to determine the no-vig odds and true probabilities of the outcomes occurring. 85), fractional odds (57/20), and implied probability (25. Let’s look at a simple two-team parlay. If your account balance is $ 1,000, following the Kelly criterion's recommendation would mean placing a bet of $ 11. Input the wager amount (e. 18 % of your account balance on this particular selection. Click. Ignore the boxes that are not included in your parlay (leave "0" in each box; they will not be factored into the parlay). 8. All you need to do is input your desired stake and the current odds. For example, a decimal odds of 2. Total odds are determined by multiplying the odds of each selection by the wager amount, to calculate the potential return to player. Hold (Rake) Expected Value. Clearly, it returns the exact same amount as a -110 listing in American odds – $1* (100. 91 x 1. Additionally, our Parlay vs. For a variety of reasons, bettors can use no-vig lines to their advantage. ODDS TYPE. 50 odds will pay out $150 ($50 profit, plus your $100 stake). Amount wagered. To read decimal odds and calculate your potential winnings, all you need to do is multiply the decimal number by your stake. 4545 or 45. 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. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. 50, and the odds of +200 would be converted to 3. For example, bettors can use the Gaming Today moneyline calculator to convert Kansas City’s -135 odds to 1. 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. For Decimal odds greater than or equal to 100, preface the odds with either a ‘0’ or a ‘d’. This sports betting calculator takes the odds of each leg in a parlay and calculates the total odds on the parlay. 1 in decimal odds, and the Guardians (-115) are 1. For example, a decimal odds of 2. To convert fractional odds to positive American odds, you just take the value of the fraction (say 3/2 = 1. The $100 wager on +220 odds would return $220. One of the things that you will be able to find on our betting odds calculator is the Implied Probability. As the name suggests, they're presented in a decimal format: 1. Step 2: If Positive . 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. To convert positive odds to a decimal, divide the odds by 100 and then add 1. 4 X 1. The parlay calculator is quick and simple to use. Betting Calculator Parlay Calculator. A parlay is a bet on two or more point spreads, over/unders or moneylines to increase the possible payout. 1/3). So, for example, if you were to bet $100 on this parlay, your potential payout will be $381. 0), American (+200), or Fractional (2/1) format and state your wager amount. 2. 25 + 3. So, if you bet $50, you would receive a total of $150, including the original stake. Here are. 5 in decimal format. Plus (+) odds can be typed in without adding the plus symbol (e. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats &. g. 1. Remy Raven New Member. For Decimal odds greater than or equal to 100, preface the odds with either a “0” or a “d”. If, given the Yankees example above, $50 is wagered on the 5. Using the example above, Chiefs -6. 48% * The reason why this probability differs from the American odds probability is that the true decimal odds for the Yankees is. For example, a decimal odds of 2. 50 means that you would enjoy a return of $2. Parlay It! can calculate up to a twelvefold parlay - using Moneyline, Decimal or Fractional 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. In decimals, 1. 97. Calculates theoretical hold including sports betting exchange commissions based on an Excel range of US or decimal odds. Multiply the decimal odds of each bet together 3. Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sports wagers. 91, every $1 risked wins $0. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. 20 x 1. Say you place $100 on. Pick a betting exchange of your choice and look for the lay bet odds for the selected sport. 120). Calculate the parlay winning amount. Step 1: Enter your odds. Add Bet +. 1. There are three primary ways you will find odds displayed around the industry:: Decimal Odds (e. 50 and you bet $10, the payout upon a win will be $45. 4% / 104. 29; Second, multiply the decimal odds to get your multiplier: 1. Fair Odds = 52. This gives you 9. 00 = 3. The vig percentage represents how much “vig” or “vigorish” the sportsbook is charging you. The last step is to calculate the implied probability using the American odds to implied probability formula. For the NFL listings above that say 1. Use this betting tool before heading to your sportsbook to ensure you are committing to the best odds for your dollar. To get the decimals odds, you would calculate using this formula: 250/100 = 2. How to Read Decimal Odds: The standard American odds point spread price is -110 where risking $110 wins $100. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. 1%. If you pick a favorite, you must enter the moneyline with a minus (-) (-110 for example). For every $1 wagered, the bettor profits 71.