Here we’ll imagine that we’ve bet $5 on the parlay, in which case our calculation is: Using the decimal odds previously described, our calculation would be:Ģ.0 x 4.0 x 3.5 x 1.8 = 50.4 Step 3 - Multiply by the StakeĪll we have to do now is multiply the result of Step 2 (which was 50.4) by our stake. This is where our pocket calculator comes in handy, but if you’re a math whiz you can feel free to rely on your brain power if you want to do so. The next step is for us to multiply our decimal odds together. Simply visit our Betting Odds Converter and it will do the job for you.įor the purposes of this example, we will assume that we have placed a parlay bet of four legs, and that the decimal odds for those four legs are as follows: If you are betting in American or fractional odds, you will first need to convert those to decimal format before going any further. Our manual calculation uses decimal odds. In order to clarify the instructions just given, allow us to walk you through a real-world example, step-by-step. That amount will be inclusive of your stake, so subtract that if you want to know how much pure profit the bet will make for you. The figure you have at the end of Step 3 is the amount that the parlay will return if it wins. Step 3 - Multiply the result of Step 2 by your chosen stake.Step 2 - Multiply the decimal odds of all legs together, in sequence.Step 1 - Determine the decimal odds for each leg.The procedure comprises the following steps: You will find it useful (and possibly essential) to have a regular pocket calculator as well as a notepad and pencil as you do this. Using the Parlay Betting Calculator provided is the quickest and easiest way of calculating parlay returns, but you can also do the job manually. Should you wish to start over at any point, simply hit the Reset button or refresh the page. You can remove previously entered legs by clicking the X next to the bet you want to delete. Enter odds for the third and subsequent legs of your bet as before, clicking the Add Bet button after each set of odds.The panel at the bottom of the Parlay Betting Calculator will be updated accordingly. Enter odds for the second leg of your bet in the Odds box.The panel at the bottom of the Parlay Betting Calculator will then show your projected profit (To Win) and your total return (Payout) which includes your returned stake. The odds must be greater than 100 or less than -100.

Enter the odds of the first leg of your bet in the Odds box.

Enter the stake that you will bet on the parlay in the Bet Amount box.

Make sure that the Bet Selector is set to Parlay.

All you need to know to use this Parlay Betting Calculator are the odds (in American format) of each of your parlay legs, and the size of your stake.

Fanduel parlay calculation