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). To convert American odds to decimal odds, you take the total payout of the wager and divide it by the amount wagered. For American odds with a negative value. Parlay calculator is a sports betting tool for extra handicapping data. See how much you'd win based on the odds of your total wagers, and amount bet.
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