The easiest way to do this is with our odds converter, but if you want to do it by hand, here’s how it works: Converting American odds to decimal odds Your parlay calculation would look like this:Īmerican odds cannot simply be multiplied together - each leg needs to first be converted to decimal odds. How parlay odds are calculatedĬalculating parlay odds is simple when using decimal odds: Simply multiply the odds from each leg together to get the parlay odds.įor example say you wanted to combine two bets into a parlay. Learn more about parlay betting with our parlay betting guide. The more picks you add to your parlay, the larger the potential payout grows.
Instead of wagering a set bet amount on a single game, event or prop, parlay betting offers you the option to tie together two or more of these picks and risk a set bet amount in hopes of a larger payout.
