You’ll need to calculate the parlay odds total yourself, and enter it into the ‘Odds’ box. You can also convert these to American moneyline and British fractional odds. Play around with our parlay calculator below to find out more combinations and potential winnings. This would be the total payout, plus your C$10 stake, should all the bets win. Now, times 12.33 by an example wager of C$10, which leaves 123.91. But, if you multiple the odds together, you get a more enticing total of 12.33. There are basic types of parlays, those wagered against. All of your bets must win, or at least tie, in order for you to win. If you place a four-team parlay, going 3-1 is no different than going 0-4.
These are all low (favourite) odds for each team to win their respective games. Recall the odds and calculated winnings: To calculate the parlay odds, we must first get the decimal multiplier for each individual wager. Simply stated, a parlay is a collection of two or more sides or totals that you bet on and all of them must win in order for you to win your bet. Let's take a look at the following six-game NHL moneyline parlay bet example: When using decimal odds, which is the most common format in Canada, parlay bets are calculated by multiplying all the odds of your selections together with how much your wager is.
