If any one of his predictions fails to occur, he loses the entire bet. Now, we understand the fair odds at -110 and can look for an edge if one side has at least a 50 chance of winning. If Ron makes a wager of $100 and all of his predicted outcomes are correct, he nets $1993.

The payout factors for each individual match are Betting Calculator Parlay Calculator Bet Slip Expected Winnings 0.00 Expected Payout 0. Find out how much you'll win on any parlay.

Multiply this number by the amount of the wager and you get the payout for a winning parlay.Įxample: Ron makes a parlay bet on the outcome of four games that whose money line odds are -120, 160, -110, and 130. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. So the total odds for our parlay bet are 5.5 (or +450). The total payout factor for a parlay bet is the product of all the individual factors for each game, minus 1. Now we multiply the decimal odds together to calculate our parlay odds: 1.05 x 1.33 x 2.63 x 1.5 5.5. (Moneyline + 100)/Moneyline (ignoring the minus sign)Īnd for each bet on a dog, the payout factor is How to Calculate a Parlay PayoutFor each bet on a favorite, the payout factor is Team # Moneline Team # Moneline 1 7 2 8 3 9 4 10 5 11 6 12

Sports betting parlay odds calculator