Use the AllStar's betting odds calculator to quickly calculate the payout for your bets, in whatever your preferred odds format is – American, decimal. In this case, the () moneyline on the Raiders implies that Las Vegas has a % chance of winning. Jacksonville's () odds convert to a % chance. Parlay calculator for sports betting to find the odds and payout for your parlay bets. Find out how much you can win from sports betting parlays with our. ANDROID PAY BITCOIN

What is parlay bet? Parlay bets are very popular, especially with novice bettors, as they have the potential for a high parley bet payout on a low bet amount since you get higher payouts than if you were to bet them individually as your bet accumulates like compound interest. The reason the parlay bet payout is high is because these bets lower your odds of winning. If any leg of the bet loses, you lose your original stake. If one pushes, the parlay bet payout gets reduced to the next lower number, so a 5 team parlay bet would become a 4 team parlay bet, a 4 team parlay bet becomes a 3 team parlay bet, a 3-team parlay bet becomes a 2-team parlay bet and a 2-team parlay bet gets converted to a straight bet.

The more bets you include, and the longer the odds on each bet, the more potential for your parlay bet payout Use the parlay calculator above to see the parlay payout work for the bets you are considering, and remember that the sportbook has a much bigger advantage when you place a parlay bet.

How do you calculate a parlay? Our betting odds calculator allows you to convert fractions, decimal and fractional odds with ease. The odds converter above will do all that and more with one easy click. First, you will be able to quickly calculate the potential payout you stand to earn from any bet. The calculator cuts out the potential for human error. Second, you can covert between American odds, fractional odds and decimal odds. This is helpful, because odds are often presented in different formats.

Most bettors have a preferred betting odds format, so this tool allows you to quickly switch to the format you are most comfortable with. Finally, it provides you with the implied probability of success that the betting odds suggest. The sections below explain the different betting odds formats and what they mean. To figure out your potential profit, you simply have to follow these steps: Enter your bet amount.

Choose your preferred format. Enter the odds, and it will tell you the equivalent odds in American and decimal formats, plus the chance of success the implied probability that the odds suggest. Our betting odds calculator allows you to see what 1. Set the preferred format to decimal. Enter 1. What are American Odds? American odds can start with either a plus sign or a minus sign.

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