It might be one of the most basic calculations in betting but using the Bet Calculator above will help bettors enhance their understanding of what betting odds represent and what it means for their bet.Ĭonvert odds easily between common formatsĮasily calculate an Arb or Hedge position.įind out how much a bookmaker is charging you. This Bet Calculator allows bettors to calculate the potential Payout for any single bet and has a simple ‘Add Odds’ function to calculate the Payout for a multiple bet. However, each single bet within a multiple must win in order for the bet as a whole to win. The most common type of bet is a single, but bettors can combine different bets into one and place a multiple bet - this can be a double, treble or any other multiple (four or more bets in one). Secondly, you must add the odds, in American odds format, of your first selection in the parlay. Firstly add the amount you wish to stake on your parlay in the top ‘Bet Amount’ box. A bet can be broken down into two elements the Stake - how much you risk, and the Payout - your potential return including your Stake. An easy process to calculate your parlay odds, potential winnings and payout for any parlay bet, using any form of odds. Join now Bet Calculatorīeing able to calculate how much a bet returns for any given stake is one of the basics of betting and our Bet Calculator simplifies this process for bettors.
