Calculate Parlay Odds

Use the Multi Bet Calculator here

• Leg 1
• Leg 2
• Leg 3
• Leg 4
• Leg 5

3.0 x 3.5 x 1.25 x 1.2 = 15.75 Now to revert this back to a more familiar American style odds we just multiply by 100 and then subtract by 100. So our combined parlay odds would be: (15.75 x 100) -100 = 1475. At the very bottom of the page you'll find a calculator that you can use to see what your payout would be on any amount for a parlay of up to six teams (note that the odds used for the calculator are 'typical' and not adjusted for the 5Dimes Friday Special). Typical Parlay Odds. 2 Team Parlay: 13-5 odds. 3 Team Parlay: 6-1.

• Decimal:
• Fractional:
• American:

What is a multibet?

A multibet (or multi for short), also known as a 'Parlay' or 'Accumulator', is a bet type that combines a series of single bets (also known as legs within a multi) into one bet. The odds in the bet multiply for every additional leg you add to the multibet. There has to be a minimum of two legs in your bet to be classified as a multibet. The maximum number of legs in a multi is dependent on the bookmaker you are placing the bet with. A multibet requires all legs to win to be successful. That is, if one leg loses, your entire multi loses (that's why you usually get big odds for adding more legs)! A multibet can combine different bet types across a range of markets as long as they are not conditional (such as Team A to Win the 1st Quarter and Team A to clear the 1st Quarter Line). Some bookmakers, however, now offer 'Same Game Multis', allowing users to combine multiple markets from the same event. The odds for Same Game Multis are calculated differently and are different to the Multi Calculator on this website.

Some bookmakers now also allow bettors to 'cash out' before all legs of their multibet have resulted. For example, if the bettor had a 7 leg cheeky multi and the first 6 legs have already won, they could choose to accept an amount lower than what they stand to win if the final leg wins, but removes the stress and gives a guaranteed payout.

How does the Multi Calculator work?

Our Multi Calculator quickly calculates the total odds for your multibet. You can enter the odds of each leg and the calculator will then tell you how much the overall multi is worth; the total value of the odds.

Odds Calculator

Our odds calculator allows you to input your odds in American (e.g. +125), Fractional (e.g. 5/4) or Decimal (e.g. 2.25) odds and your total stake, and immediately calculates your potential winnings & payout for the bet

True Odds Parlay Calculator

Parlay Calculator

A parlay is a single bet that multiplies two or more individual odds from multiple events for a much higher overall payout. In order for the parlay to win, each game must win or push (tie). If any of the games lose, the entire bet loses.

Sure Bet Calculator

Use Sure Bet calculator to check whether given odds create a risk free sure bet (sure win, arbitrage bet) opportunity. Simply enter the total amount you wish to bet and the odds for each outcome and the calculator will immediately calculate the stakes for all outcomes, your potential winnings & payout and the risk free return (profit or loss).

single

Odds are numbers, which are used to calculate the winning ratio for any given stake. In general, the rule is - the higher the odds, the lower the probability of winning.

Yes, you can always change the format in which you view the odds. In addition to decimal (European) odds, you can switch formats to fractional (UK) and American odds. If you are registered, you can choose from the list of different formats at any time by clicking the link in your profile settings. You can then use those settings across devices. If you do not have an OddsExplorer account yet, the link is available in the left column, above the indicated time zone.

The payout is the percentage returned to the bettors in total and is the opposite value of the bookmaker's margin. For example, if you were to bet €100 on outcomes with a 92% payout, you would get back €92 from each bet on average. The bookmaker's profit would be the remaining €7. On larger payouts, bookmakers operate with lower margins and higher odds. On average it is always better to use bookmakers with a high payout to place your bets.

What is a multibet?

A multibet (or multi for short), also known as a 'Parlay' or 'Accumulator', is a bet type that combines a series of single bets (also known as legs within a multi) into one bet. The odds in the bet multiply for every additional leg you add to the multibet. There has to be a minimum of two legs in your bet to be classified as a multibet. The maximum number of legs in a multi is dependent on the bookmaker you are placing the bet with. A multibet requires all legs to win to be successful. That is, if one leg loses, your entire multi loses (that's why you usually get big odds for adding more legs)! A multibet can combine different bet types across a range of markets as long as they are not conditional (such as Team A to Win the 1st Quarter and Team A to clear the 1st Quarter Line). Some bookmakers, however, now offer 'Same Game Multis', allowing users to combine multiple markets from the same event. The odds for Same Game Multis are calculated differently and are different to the Multi Calculator on this website.

Some bookmakers now also allow bettors to 'cash out' before all legs of their multibet have resulted. For example, if the bettor had a 7 leg cheeky multi and the first 6 legs have already won, they could choose to accept an amount lower than what they stand to win if the final leg wins, but removes the stress and gives a guaranteed payout.

How does the Multi Calculator work?

Our Multi Calculator quickly calculates the total odds for your multibet. You can enter the odds of each leg and the calculator will then tell you how much the overall multi is worth; the total value of the odds.

Odds Calculator

Our odds calculator allows you to input your odds in American (e.g. +125), Fractional (e.g. 5/4) or Decimal (e.g. 2.25) odds and your total stake, and immediately calculates your potential winnings & payout for the bet

True Odds Parlay Calculator

Parlay Calculator

A parlay is a single bet that multiplies two or more individual odds from multiple events for a much higher overall payout. In order for the parlay to win, each game must win or push (tie). If any of the games lose, the entire bet loses.

Sure Bet Calculator

Use Sure Bet calculator to check whether given odds create a risk free sure bet (sure win, arbitrage bet) opportunity. Simply enter the total amount you wish to bet and the odds for each outcome and the calculator will immediately calculate the stakes for all outcomes, your potential winnings & payout and the risk free return (profit or loss).

single

Odds are numbers, which are used to calculate the winning ratio for any given stake. In general, the rule is - the higher the odds, the lower the probability of winning.

Yes, you can always change the format in which you view the odds. In addition to decimal (European) odds, you can switch formats to fractional (UK) and American odds. If you are registered, you can choose from the list of different formats at any time by clicking the link in your profile settings. You can then use those settings across devices. If you do not have an OddsExplorer account yet, the link is available in the left column, above the indicated time zone.

The payout is the percentage returned to the bettors in total and is the opposite value of the bookmaker's margin. For example, if you were to bet €100 on outcomes with a 92% payout, you would get back €92 from each bet on average. The bookmaker's profit would be the remaining €7. On larger payouts, bookmakers operate with lower margins and higher odds. On average it is always better to use bookmakers with a high payout to place your bets.

Determine Parlay Odds