![]() ![]() Outside of the US, the standard way to display odds is in Decimal format.Īs newcomers to betting, it’s usually considered easier to read Decimal odds because we can deduce the implied probability a little bit easier than American Odds. StakeĪ simple betting calculator example to illustrate how parlays with American odds work So, if we put down a $100 stake on this parlay, we can expect winnings of $125 (payout $225). If both favorites are priced at -200 (1.5 in decimal format), then we parlay odds of 2.25, which is +125 in American odds. Finally, subtract your original stake to get the parlay winnings.Multiply your bet amount with the multiplier.Now, multiply the decimal odds for each of the parlay legs together to get a multiplier.Start by convert the American odds for each selection into decimal odds using our betting odds converter.We can calculate the odds for the parlay as follows: This would be a relatively simple, 2-leg parlay. To illustrate how this works in a Parlay, let’s imagine that we want to bet on two separate events and we are picking the favorite in each event.
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