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  1. With our parlay calculator, you can select how you want your odds displayed. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1.20). Under Odds Type , pick your odds style.

  2. Calculating parlay odds is simple when using decimal odds: Simply multiply the odds from each leg together to get the parlay odds. For example say you wanted to combine two bets...

  3. To use our parlay calculator, simply select the odds used (American, Decimal or Fractional) for the calculation and enter your chosen odds, and our calculator will calculate your winnings, payout & probability of winning depending on your odds and bet amount.

  4. You can use a parlay calculator to make conversions in decimal and American odds. For example, decimal odds of 2.50 means that you would enjoy a return of $2.50 for every $1 you wager. That is $1.50 profit and $1, which represents your stake.

  5. Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. Here’s how the math works step by step: Convert the American odds to decimal odds using our odds converter.

  6. Calculate your potential payouts for multi-event bets. Input your odds and stakes to see potential winnings for parlays.

  7. Simply enter the odds for each leg of your parlay, choose your odds format (American, decimal, or fractional), and input your total wager. The calculator does the rest, showing you the potential payout based on the combined odds of your selections.

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