5-point margin in seven of those affairs. 3 * 1. This means a $10 wager will win $80 if you bet on the 9. Aaron Gordon-480. Bet on the most up-to-date NCAA football odds, lines, and spreads for the 2023-2024 College Football season. 33 on the Capitols you ensure you make just over $2,906 regardless of the outcome! This would have been very important given the Capitols went on to win the Stanley Cup. 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. 6666 x 2. High limits. So this means that you should hit one out of every 4 legs, or, put another way, odds of 3-1 against you. The Chiefs ended up winning the Super Bowl, and anyone that bet the Chiefs outright would receive a payout of 1:1, as indicated by the +100 odds, a $100 bet profiting $100. 5) and multiply by 100 (+150). Dallas moneyline (-325) can thus be displayed as "4/13" in fractional. Calculate your sports bet return. Enter the odds for Game 1, Game 2 and so on. Enter your wager and press “calculate”, or the appropriate action button. A teaser bet is a lot like a parlay bet, all of the games you picked must win in order for you to win. com Strategy And Parlay Calculator. Choose Single Bet or Parlay (when making 2+ bets) Select American/Decimal or Fractional odds. We will go over how to calculate parlay payouts in the section below here, but for now, we have done the calculations for you. Plus (+) odds can be typed in without adding the plus symbol (e. Parlays are listed in American odds format, which includes positive and negative integers related to $100. $0. Here are our best NFL parlay picks (odds via our best NFL betting sites; pick confidence based on a 1-to-5-star scale). For a + sign, divide the odds by 100. 100), odds (e. View your parlay. 4. If you entered everything correctly the payout should read $33. +120144 ($100 bet would win $120,144) Of course, this same-game parlay has astronomically low odds of hitting, hence the +120144 payout. Some bookmakers offer bonuses and consolations on lucky 15 bets. Enter the odds for each bet within the parlay, line by line. Step 3: Hit the “Calculate Parlay” button and you’ll see your parlay payout amount. If you place a parlay bet with three selections, multiply the odds of these three selections to get the parlay odds. If any of the bets in the parlay lose, the entire parlay loses. You can use our odds calculator to see how much you’d win based on the odds and amount bet. Add Bet Amount. To place a Parlay bet, select the ' Multiples ' Tab at the top of the Bet Slip. Not bad for a day’s work… What Are The Benefits Of Using Our Parlay CalculatorThe Jets didn’t score a touchdown last week in Monday night’s 27-6 home loss to the Los Angeles Chargers, and Wilson be hard-pressed to not to crap out in Vegas. 5. Our betting odds calculator allows you to see what 1. Get free NFL parlay picks from the experts at Pickswise. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. Arbitrage Calculator: Calculate how much you should bet on each side of an arbitrage opportunity to maximize your. A multi-game or Same Game Parlay combines multiple bets (aka “legs”) into one wager. To cater to both. You can use our odds calculator above to calculate the implied odds of a given bet as long as you know the odds of the bet. If there were no vig or juice, the odds would be +100 (bet $100 to win $100) on 50/50 bets or equal on moneyline bets (such as +200 on the underdog and -200 on the favorite). Usually, you would go with moneyline bets but can use spreads, totals, and futures as well. Calculate the parlay payout for up to eight teams with our parlay calculator. 50 odds will pay out $150 ($50 profit, plus your $100 stake). By utilizing the parlay calculator, you can conveniently determine the payout for your bets by inputting your stake and odds. To figure out if the boost has a positive expected value, use the OddsJam perfect line and run that through the no-vig calculator. If you want to parlay three selections at odds of 3. The parlay bet tool allows you to quickly determine your potential profit if successful. The odds in the bet multiply for every additional leg you add to the parlay. 2495. Decimal Odds. The more games or events you parlay together, the higher total odds will be. Parlays hold a special place in the lore of sports betting. 4% / 104. Enter the price of each pick above (-210, -165 & -120) into the parlay calculator along with the wager size. 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). 00. For example if you wanted to know what a $100 2 team parlay bet on the Eagles -3 -110 and the Bears +7 -110 would pay, you would type in -110 in the lines column for team 1 and team 2. 93, for each of the 10 2-team parlays would be $38. 00. to quickly determine the expected value and expected ROI on a bet. In addition to standard casino games, I have. 4, just multiply all three numbers with your stake. The answer: $195. Click on the calculate button. . Using our hedging calculator, you will enter in the original odds (+750), your original bet amount ($100), your hedging bet odds (+200 for the Packers to beat the Chiefs in the Super Bowl), and then your bet. 40! Even if we only bet $100 total, we would see a profit of $595. Obviously, one bettor will win, and one will lose. Highest Parlays Payouts - Odds Up To 2349/1 On Your Parlay Or $100 To Win $234,900. Simply select the 4-Way Hedge and enter the odds for the other 3 teams. The parlay calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. 50 means that you would enjoy a return of $2. A parlay odds calculator comes in handy when you are putting together a sizable parlay bet. Step 2: Use the Parlay Formula. If Kansas City wins or Philadelphia wins by one or two points, Chiefs +2. 5. Find out how much you'll win on any. 1: (2. Check out Odds Shark’s Parlay Calculator to find the parlay odds for any. 83 x $50 = $41. A moneyline bet is simply a. You could also use the hedge odds calculator for parlay bets. If you do need to give yourself an idea without adding plays to a bet slip, there is a model you can use. 2, 1. How to Calculate Individual Moneyline Profits: First, in order to understand how to calculate parlays, we must understand individual moneyline bets. Learn more. g. With a Soccer parlay, every selection must win in order for the bet to cash. 5, 1. You multiply your stake (bet amount) by that figure in order to calculate your potential return. If you have a NFL, NCAAF, CBB or any other outright future and your team makes it to the semi-finals we can help you guarantee profit. An easy process to calculate your parlay odds, potential winnings and payout for any parlay bet, using any form of odds. 3. american odds of 110 would win £110 on a £100 bet. Wager Amount. The calculator can do this easily for you, but the math isn’t too complicated if you wanted to do it yourself. In sports betting, a hedge bet is when you place a bet on the opposite outcome or your original bet. 70. Use our Teaser Calculator to determine the outcome of any particular teaser combination. This is called arbitrage betting . There are many stories of an insane parlay bet hitting for huge money against all odds. NHL Player Props. Betting Odds Calculator: Calculate the payout of your bet based on the amount wagered and the odds. Follow this link for the Round Robin Parlay Calculator. Then that $21 is bet on the second leg to return $41. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. Parlay Hedge Calculator. Odds: +390 (at DraftKings) Our Betting Lines page has the freshest lines and promos to get BANG for your buck. 5 loses. That's a huge difference from the individualized bet slip—more than a $300 difference, in fact. This means every leg of your parlay must win for your ticket to cash, even one losing leg is enough for the parlay to lose. PFN’s FREE Parlay Calculator and Betting. Schedule Free Coaching Call. 91. To work this out, you can use the following formula: Individual bet = (Total stake x Individual arbitrage %) / Total arbitrage %. The Excel Parlay Calculator is a very simple sports betting tool. To give yourself an idea, here’s how the odds add up if all lines are -110, according to DraftKings Sportsbook: Two-Team Parlay: +265. NFL predictions, picks, and odds for Pittsburgh Steelers vs Cincinnati Bengals. -110). Steelers vs. By utilizing the parlay calculator, you can conveniently determine the payout for your bets by inputting your stake and odds. 2. 🏀What 4 team parlay combinations should I try? Picking a four team parlay is great fun but it can also be tricky to get right. Now we simply subtract the bet amount and to calculate our total profit: $45. This online calculator enables you to calculate payoff and profit scenarios for Asian Handicap bets. To calculate another parlay, click "Clear" and start again. g. Although it is nearly impossible to beat the house, it is certainly possible to maximize your odds of success by utilizing proper strategy. 125). Find odds format definitions in our Betting Glossary. Simply add the odds for each leg and click Add Bet. The calculator will then show you your profit amount (To Win) and your total payout amount (To Pay). With our Parlay Calculator, you pick the parlay legs, and we find the best odds. 5. At FanDuel Sportsbook, we provide a user-friendly platform for football fans eager to bet on NFL odds to win each game in the 2023 NFL season. 3. If it’s greater than or equal to 2 you multiply the decimal odds minus one by 100. To use a round number, a $100 bet would pay out $360, so you would win $260 in profit. Exacta, Trifecta, Superfecta, Daily Double, Pick 3, Pick 4, Pick 6, and more! Select how much you want to bet. Select the type of bet you would like to place. View Odds Calculator Parlay Calculator Our parlay calculator will take the odds from up to 100 games, combine the odds, calculate the payout for the selected games, and show you how much you will win if you place that specific wager. Make your sports betting experience easier with. DraftKings will calculate your teaser odds based on how many points you are willing to ‘buy’. Bengals best bet, same-game parlay, and game analysis. Call 1-800-GAMBLER. How to Calculate Parlay Odds? It’s not easy. A spread bet in football is normally offered at -110 on both sides of the bet. 65 on Eagles -2. CLAIM NOW. Odds Converter - Convert to and from: decimals, fractions, american and implied probability percentages. Winning the parlay is dependent on all of those wagers winning together. An odds calculator is easy to use. Our betting odds calculator is flexible and customizable. The Final Four favorites are obviously similar to the the National Championship odds, with Gonzaga at -140 leading the way. All you need to do is enter the odds of each leg of your parlay into the “Odds” column: The spreadsheet allows for both American and Decimal odds. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Otherwise known as. 2-teams or 3-team parlay have no difference since the odds are on par with the payout of these wagers. Parlay Calculator: Odds & Payouts. Fair Odds = 52. Use our parlay calculator to figure out how much you stand to win. At +340 odds, this $100 bet would win $340 plus the original stake for a total return of $440. Typical Parlay Odds. Convert the American odds to decimal odds using our odds converter. A spread bet in football is normally offered at -110 on both sides of the bet. Fixed Parlay Payout vs. Simply enter your bet amount and the odds and our parlay calculator will show you your expected profit (“To Win”) and. Parlays are exciting online sports betting opportunities to leverage your sports knowledge into more entertainment at the online sportsbook. For example, if the odds are 1. 50% Match Bonus Up To $250 On Your First Deposit ($750 With Bitcoin!) Bet Casino And Poker From Your Sports Betting Account. That means a $10 would pay out $262. 00 * 1. For a - sign, divide 100 by moneyline. See how much you'd win based on the odds of your total wagers, and amount bet. Round robin parlay bets are offered at nearly every sportsbook, but rarely used by bettors. For example, if the Dallas Cowboys have negative NFL odds of (-325) to win, the above process yields the calculation 1 +1 + 1 + 1 / 3. The sportsbook earns $10 profit, and this is the business model of these companies. The bet calculator allows you to enter your bet amount and odds in American, Decimal, or Fractional formats, facilitating a swift calculation of your potential payout for your bets. Some bookmakers enable you to enter. The calculator determines the maximum win and loss amount for a given round-robin, as well as the results based on whether each underlying game wins, loses, or pushes. Formula 1. Select a bet amount in the left column. Usually you lose, but when you win, and depending in part on how many events were parlayed, you can win big. Each outcome included is called a ‘leg’, and every leg must be. Odds Value Calculator Using the odds value calculator allows you to see the value which you would expect to receive for a bet based on the probability of that outcome occurring. How to Calculate Parlay Odds. A sports betting arbitrage calculator, or hedge bet calculator, shows you how to hedge a bet for a profit and lock in a risk free return. For Example. For example, let’s say you want to wager $50 on the Houston Rockets’ +130 moneyline odds and the Los Angeles Lakers’ +270 moneyline odds in a two-leg parlay. If even just one of ten legs in a parlay loses, then the parlay will lose. Calculate your sports bet return. The next tier has some interesting odds, particularly the comparison. A $300 bet at 1/3 odds would win $100, for a total payout of $400. Once all that information is in the calculator, just hit the calculate. Find odds for all SEC, Big Ten, Big 12, ACC, Pac 12, Sun Belt, MAC, and other conferences with . Eagles -2. For example if you wanted to combine two bets into a parlay. American Odds. See Your Baseball Parlay Odds with Bets that Push. For example, a $10 three-leg parlay bet where the odds of each selection is: $5, $2 and $4 will cost $10 and return a winning dividend of 10 x (5 x 2 x 4) = $400. Recall the odds and calculated winnings: To calculate the parlay odds, we must first get the decimal multiplier for each individual wager. For instance, a two-leg parlay with odds of 3. 5 (+145) NHL mega parlay odds: +880 Toronto Maple Leafs -1. Stake. MySBRForum ; brewers7 Find latest posts by brewers7 Become A Pro! Join Date: 03-11-06. Enter 1. Enter the amount you want to bet, i. Let’s say you have a four team NFL parlay bet that you want to bet $5 on as a round robin: New York Giants -110; New England Patriots -110; Dallas Cowboys -110; Green Bay Packers -110; Using our parlay calculator, we can see that this 4 team parlay would pay out 13. Point Spread Calculator. Although online betting is the quickest way, a teller at a land-based casino. " You can then type in the odds of each leg you want to bet to find the total potential payout. Compare that to the parlay profit of $200. That’s where a powerful took like the FTN Parlay Calculator can help sports bettors. American. Now, we understand the fair odds at -110 and can look for an edge if one side has at least a 50% chance of winning. Titans best bet, same-game parlay, and game analysis. Positive figures (e. The easiest way to calculate a parlay bet is to use a free parlay calculator that can be found at many gaming sites online. Should a single wager lose, the payout is zero. If you’re using decimal odds, simply multiply all bets with the stake. A parlay builder can be accessed at Bet365 Canada and the US version of Bet365, which works with the following sports: NFL, Basketball, Tennis and Soccer. Then that $21 is bet on the second leg to return $41. 9 (after rounding) 3) Now multiply the above answer (3. Automatic tracking and bet grading. Like with any bet, the higher odds (or more parlay legs) you bet, the higher the payout but the lower chance of hitting. Step 4: Calculate Potential Payout. It then calculates the amount that can be won based on the odds and stake of each selection. Usually you lose, but when you win, and depending in part on how many events were parlayed, you can win big. Firstly add the amount you wish to stake on your parlay in the top ‘Bet Amount’ box. To convert between different odds formats and calculate your payout, simply follow these 2 easy steps: Fill in the odds in any of the odds fields: American, decimal, fractional or implied. The -110 odds on this line at DraftKings help. All parlays have positive expected value, which means is it mathematically guaranteed that you will profit in the long run. The higher the potential winnings from the free bet, the more you have to hedge against. Parlay Calculator. The. Learn how to understand Odds by using our Odds Converter and our Parlay Calculator. To Score 10+ Points. For example if you wanted to know what a $100 2 team parlay bet on the Eagles -3 -110 and the Bears +7 -110 would pay, you would type in -110 in the lines column for team 1 and team 2. 4. 8%. Additionally, the round robin calculator will determine your total risk! Unlike in a parlay bet, if you stake $100 on a 3 leg round robin, you’ll actually be risking $300 total, with $100 bet on each 2 leg parlay. The total cost of the ticket will appear next to the words Ticket Cost. Best NFL Week 1 parlays Not intended for use in MAThis will be a great day of hockey, and you can make it even more intriguing by checking out our NHL mega parlay at +880 odds below. Our arbitrage calculator shows you the ideal bet amount for each side of the bet and guaranteed profit based on the odds from each sportsbook. We break down the action across every major event,. 22, and 1. Parlay payout: Bet $10 to profit $153. A parlay calculator is one of the best tools for sports betting, as it provides drop-down menus for sports and types of bets. 6 Odds. At the same time, plays that aren’t correlated drive up the overall payout of the. The sportsbook will pay $100 profit ($110 bet at -110 odds) to the winner, and they'll collect $110 from the losing bettor. If you're a new customer joining for the first time, you. 5 (or +450). Try for free. 50. Then multiply this by a bet amount of $10: 6. The answer: $195. Use the free horse racing betting calculator for handicappers to determine cost of exotic wagers based on wager type and combinations. Dutching Calculator - Find the stake needed on each of your bets to guarantee a fixed profit. Enter the odds, including the fraction sign, and then click out of the box for the other odds to appear. Parlay Calculator. Implied odds are the conversion of a sportsbooks offered odds into an implied win probability. 67 in total, for a profit of nearly $367. Odds Format:Find the best odds and place your bets today! Want to increase your payout potential? Try our NBA Parlays page for multiple bets on one ticket. 50 means that you would enjoy a return of $2. The parlay calculator is quick and simple to use. All of the major odds formats are supported. The OddsJam round robin calculator will determine the maximum amount of money you can win with your round robin bet. Asian Handicap betting is popular for soccer fixtures and other sports where a draw is a. The calculator supports moneyline odds that are popular in the US and decimal odds for customers in Canada. 91 x 1. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. How to use the DonBest. Press add bet to add more lines up to 15 bets. 0, 4. Round Robin Bet Calculator. Calculating parlay odds is simple when using decimal odds: Simply multiply the odds from each leg together to get the parlay odds. Our parlay odds calculator can show you your expected payout from a parlay bet based on the amount wagered and the odds of each. This calculator supports both approaches. Parlays are many bets on. You have already won the Lions, Giants, Patriots, and Cowboys. We will go over how to calculate parlay payouts in the section below here, but for now, we have done the calculations for you. So, why not go big again? Here’s my parlay for Wednesday that pays out at over 11/1 odds at FanDuel. brewers7. 5% from both win probabilities, then finding the odds associated with the now “fair” win probabilities. The odds for each pick are multiplied by one another to determine the odds for the parlay. To use the OddsJam point spread calculator, simply enter the point spread for an NFL, NBA or NCAA Football game. Usually you lose, but when you win, and depending in part on how many events were parlayed, you can win big. The parlay payout formula is a product of every single selection's decimal odds. Do not enter anything other than numbers, including the dollar sign. Step foot into exotic betting with exactas, trifectas and superfectas! Do you know the impact of training workouts, final race times, or the best way to bet your Kentucky Derby horse on a budget of $2, $10, $25, or $100!? Maybe you know a thing or two about betting on horse races, but expert horseplayers take multiple factors into consideration. 90 – 10 = $80. 91 decimal), your math would look like this; 1. A $5 bet would profit $61. The odds and payout. If you have odds of 9. 2. 6% percent chance of winning and is equivalent to +17545 American odds and 176. The payout can grow much higher when big underdogs are included in any parlay. A simple two leg parlay has 4 possible outcomes. g. You dig in for the slate of MLB. There are three steps to calculate parlay odds and payout: First, using a betting odds converter, convert American odds into decimal odds. 10 securing the bettor a $11. Step 2: Input the amount of money you want to stake. 44 moneyline bet on the Celtics and a $55. Arbitrage. Additionally, the round robin calculator will determine your total risk! Unlike in a parlay bet, if you stake $100 on a 3 leg round robin, you’ll actually be risking $300 total, with $100 bet on each 2 leg parlay. There are decimal and fractional odds, but the most common MLB odds format. 69 is equivalent to in American odds and fractional odds formats, and you can also see what sort of payouts you would earn on a successful wager: Type in $100 as your betting amount. College football odds, picks and prediction for Colorado Buffaloes vs Utah Utes. These calculators give you the best calculations to show you the house edge in each game as well as the best play for each situation. Wager Amount. Parlays are a type of sports bet in which you combine multiple selections into one single bet. A sports betting arbitrage calculator, or hedge bet calculator, shows you how to hedge a bet for a profit and lock in a risk free return. Most hedge calculators allow you to only calculate one hedge. This will make it easier when using a parlay calculator. What are American Odds? American odds are the default odds used by sportsbooks like Caesars based in the states. Leg 1: Leg. Betting Calculator Parlay Calculator. This makes it simpler to understand the parlay formula. Winning total is dynamically calculated after each entry. Track your bets like the pros and use OddsJam's bet tracker. 2 you simply multiply the odds of your selections and then by your stake to calculate your winnings. Betting Odds Calculator. The first thing you should do when calculating your parlay is to change the calculator’s odds setting to the odds you use on your betting site. On the other hand if it’s less than 2 you divide -100 by decimal odds minus one. PFN’s FREE Parlay Calculator and Betting Odds Calculator are also available for. 45 (the $26. With game lines available for more than a dozen leagues internationally, the. These vary by bookmaker, but it is common to receive a 10% bonus on your return if all selections win, and if only one. 50 odds will pay out $150 ($50 profit, plus your $100 stake). 5 (-110) Clippers win by 11+ (+240) Heat -1 (-110) Parlay odds: +1139Use the free horse racing betting calculator for handicappers to determine cost of exotic wagers based on wager type and combinations. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. Follow these steps to use our free parlay calculator, as listed previously in the example atop the page. 1 -1) * 100 = +110. Arbitrage exists because bookmakers set their odds independently; in other words. The figure you have at the end of Step 3 is the amount that the parlay will return if it wins. FanDuel Sportsbook offers the best online betting experience. An NFL Prop Bet Calculator can be handy for anyone looking to add a little more variety to their game day. Short for “proposition,” a prop bet is a wager based on occurrences or non-occurrences during a sporting event. 00 and 1. Should a single wager lose, the payout is zero. In some sportsbooks, you can also make prop bet parlays, which bring the payouts to an even higher ceiling. Geting Started Guide. For example say you wanted to combine two bets into a. Although it is nearly impossible to beat the house, it is certainly possible to maximize your odds of success by utilizing proper strategy. We have a variety of other tools and resources other than our gambling odds payout calculator that you can use to help with sports betting: Odds to Probability Calculator: See the implied probability for a sports bet based on the odds. Strike Rate is one of the most important elements in betting, especially if you are looking into a specific system. This is helpful in handicapping because you can see just what percentage of your wagers you need to win at each given money line in order to profit. Featuring live lines, FTN’s Prop Shop, Parlay Calculator, and picks from top industry handicappers. Choose Flex Play or Power Play. Parlay Odds Calculator Tool: This parlay / accumulator tool allows you to calculate the overall parlay odds if you combine a selection of individual bets. A parlay bet is a sports bet that combines many wagers on one ticket alone. An unbeatable betting experience. Step 1: Gather Information – Collect the necessary information about your bets, including the number of teams or selections, odds for each selection, and the wager amount for each selection. To calculate a parlay, click the dropdown menu under bet type and select "Parlay. In order for the parlay to win, each game must win or push (tie). Input your bet amount. 91 = 6. This calculator supports both approaches. 91 = 6. Our parlay odds calculator can show you your expected payout from a parlay bet based on the amount wagered and the odds of each leg in any format (American, Fractional, or Decimal). Parlay Types Teaser Bets vs ParlaysSports BettingSports Betting Promo Codes How To Bet Free Bet Calculator Free Parlay Calculator Download the App Kentucky Sports Betting If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). To win a parlay, all legs must win. The free parlay calculator is the perfect tool for you to determine the value of your parlay bet on every sport. NFL Odds Today - NFL Spreads, Lines, and Moneylines. Bet $10, Get $200 in Bonus Bets - Guaranteed. For example, if you are placing a money line bet on the Cubs to win this would represent the probability of the. Up to $1,500 in Bonus Bets. Fair Odds = 52. Hell, the climaxes of recent critically acclaimed movies “Silver Linings Playbook” and “Uncut Gems” both revolve around daring parlay bets. Your Strike Rate is a betting term used to explain the amount, in terms of frequency, a system, tipster or a general bettor (like you) wins. It also allows you to choose your Odds Type (American, Fractional or Decimal) and enter up to 100. Jika menang setengah, hitungan nya (Odds-1)/2 +1. They can provide insight on what are often dazzling returns. You could also use the hedge odds calculator for parlay bets. Using the same example above, your max potential winnings from the free bet risked on the longer odds is $225. Learn more. First, convert those odds to decimal, which is 1. Just add in the moneyline odds into the bet line, you can add up to 15 selections in total. A parlay bet works by carrying over your winnings from one leg of the bet and placing it on the next leg. That amount will be inclusive of your stake, so subtract that if you. So the total odds for our parlay bet are 5. An example: If you bet on the Yankees to win the World.