Parlay Formula

Parlay formula betting gives the punter a real edge and some options for huge collects. To discover what the parlay odds for one bet is we need to convert these American odds into their decimal odds equivalent. If you are betting online then most sports betting sites can do this automatically, but the formula is very simple for favorites or underdogs. For underdogs (or plus odds) you need this formula: (plus odds + 100) / 100. Open Menu Close Menu. Folder: STRAINS. Dolato Miami Vice Parlay OG Gushers STORE LOCATOR. Are you 21 years of age or older? By clicking ENTER WEBSITE, I verify that I am over the age of.

The total odds for a parlay is simply the product of the decimal prices for each market in the parlay:

Parlay Calculator Formula Excel

(Price 1) * (Price 2) * ….. (Price n)
n = number of bets in the parlay

Example

If you were to have a three-team parlay with the prices 1.45, 1.20 and 1.55 the total odds for the parlay would be 1.45 * 1.20 * 1.55 = 2.70

Also see:
How To Convert Fractional Odds To Decimal , How To Convert American Odds To Decimal, and What Is A Parlay?

Parlay Formula 2 3

Parlay Formula 234

Calculate the payout of your parlay but skip the math using our simple parlay calculator.