Another common thing to see when using an odds payout calculator is an implied odds option. This means, the odds correlate to the probability of a certain team winning, or outcome happening. Using the example from before, a -140 favorite has roughly a 58.3% chance of winning, while a +120 underdog has a 45.4% chance of success.
A parlay is a single bet that links together two or more individual wagers for a high payout.
For Fixed Odds Parlay, where the Standard Money Line is '-110', a 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, a five team parlay might pay 20/1 and a six team parlay might pay 40/1 and so forth, with the payouts getting higher with more teams or totals selected.
Odds of Winning. Casinos make their money from the distinction between the payout odds and the odds of winning. Here is an example of how you can show the payout on a bet as odds: 35 to 1 is how you'd display a payoff on the single number or straight bet. You can also display the chances of winning this way. How to calculate odds. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. The team would win 5 out of 6 games and lose 1 of them. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83.33%, and of losing 1/6 = 16.67%.
Sports Odds Payout Calculator
| No. of Teams | Las Vegas Payout | Global Book Payout |
|---|---|---|
| 2 | 13/5 | 13/5 |
| 3 | 6/1 | 6/1 |
| 4 | 10/1 | 12.28/1 |
| 5 | 20/1 | 24.35/1 |
| 6 | 40/1 | 47.41/1 |
| 7 | 75/1 | 91.42/1 |
| 8 | 150/1 | 175.44/1 |
How do you calculate Fixed Odds Parlay Bets Payout:
Let's assume that a patron would like to bet 100.00 for a 2 team parlay. The fixed odds for it would be 13/5.
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Standard / Fixed Odds Parlay Calculator based on Las Vegas Payout!
True Odds Parlay Calculator based on Global Sportsbook Odds!
Useful for both Negative '-' and/or Positive '+' Money Lines, including Single Straight Bets!
NOTE:If betting a favorite, you must enter the line with a minus (-) sign at the beginning. If betting the underdog, money line with a plus (+) sign at the beginning is not required.
Teaser Bet Calculator!
A teaser bet is a bit of a parlay bet, which allows players to reduce their risk. A teaser bet offers the opportunity to bet on point spreads or game totals, and then 'tease' or adjust the line to give them a better chance of winning..:: Need To Know ::.
In order for the parlay bet to win, every one of the wagers must win or push (tie).
If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number.
For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet.
Watch FREE live racing online from Laurel Park and Gulfstream Park! Bet from home!Watch the races you wager on FREE! Click here!Click here to plan your bets and payouts using these free calculators… Parlay, Hedge & Margin.
Enjoy exciting live horse racing from Florida's beautiful Gulfstream Park along with commentary and handicapping discussion for better, more successful horse betting. View Laurel Park here.
30 To 1 Odds Calculator
Only on HorsePlayUSA… Enjoy exciting, LIVE, 'watch and wager from anywhere' streaming broadcasts for fans of classic thoroughbred horse racing and top-notch harness racing at legendary tracks like Los Alamitos, Louisiana Downs, Tampa Bay Downs, Dover Downs and more… along with free handicapping picks and tips for better, more successful horse betting. HorsePlayUSA features this not-found-anywhere-else list of tracks that present live video and race replays by Roberts Communication Network (RCN) during their active race seasons. If your favorite track is NOT listed here, it is because (1) they use a pay-per-view service for live video, or (2) they simply do not offer live video in any form. Enjoy live Watch & Wager racing here.
Bet on horses running at any of the USA and Canadian tracks. Mma lines. Bet TVG here.
Standard / Fixed Odds Parlay Calculator based on Las Vegas Payout!
True Odds Parlay Calculator based on Global Sportsbook Odds!
Useful for both Negative '-' and/or Positive '+' Money Lines, including Single Straight Bets!
NOTE:If betting a favorite, you must enter the line with a minus (-) sign at the beginning. If betting the underdog, money line with a plus (+) sign at the beginning is not required.
Teaser Bet Calculator!
A teaser bet is a bit of a parlay bet, which allows players to reduce their risk. A teaser bet offers the opportunity to bet on point spreads or game totals, and then 'tease' or adjust the line to give them a better chance of winning..:: Need To Know ::.
In order for the parlay bet to win, every one of the wagers must win or push (tie).
If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number.
For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet.
Watch FREE live racing online from Laurel Park and Gulfstream Park! Bet from home!Watch the races you wager on FREE! Click here!Click here to plan your bets and payouts using these free calculators… Parlay, Hedge & Margin.
Enjoy exciting live horse racing from Florida's beautiful Gulfstream Park along with commentary and handicapping discussion for better, more successful horse betting. View Laurel Park here.
30 To 1 Odds Calculator
Only on HorsePlayUSA… Enjoy exciting, LIVE, 'watch and wager from anywhere' streaming broadcasts for fans of classic thoroughbred horse racing and top-notch harness racing at legendary tracks like Los Alamitos, Louisiana Downs, Tampa Bay Downs, Dover Downs and more… along with free handicapping picks and tips for better, more successful horse betting. HorsePlayUSA features this not-found-anywhere-else list of tracks that present live video and race replays by Roberts Communication Network (RCN) during their active race seasons. If your favorite track is NOT listed here, it is because (1) they use a pay-per-view service for live video, or (2) they simply do not offer live video in any form. Enjoy live Watch & Wager racing here.
Bet on horses running at any of the USA and Canadian tracks. Mma lines. Bet TVG here.
Matched Betting Guide 1. Open a Betfair account. Before you can place any bets, you'll need to open a betting exchange account. Open a Coral account. Coral are offering new customers £20 in free bets when you place a bet of £5.
5-2 Odds Payout Calculator
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Odds Payout Calculator
HorsePlayUSA.com is happy to provide Equibase data on all North American horse tracks that are offering live racing today. The listing consists of thoroughbred, standard and harness racing tracks. Post times are shown in USA Eastern time. The Post times are also approximate, subject to change or cancellation without notice. It is advisable to confirm post times with individual tracks. For direct links to many USA tracks, please see: Race Tracks. For direct links to many USA and Canadian tracks that offer free, live, video streams of their races so that you can 'Watch & Wager', please see: Watch & Wager.
