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It’s far easier to calculate winnings for a parlay if you are already used to Decimal odds. Think of this when you’re trying to calculate the value in decimal odds: The odds represent what you would get back, including your stake, if you were to put down a single dollar. Outside of the US, the standard way to display odds is in Decimal format.Īs newcomers to betting, it’s usually considered easier to read Decimal odds because we can deduce the implied probability a little bit easier than American Odds. StakeĪ simple betting calculator example to illustrate how parlays with American odds work So, if we put down a $100 stake on this parlay, we can expect winnings of $125 (payout $225).
If both favorites are priced at -200 (1.5 in decimal format), then we parlay odds of 2.25, which is +125 in American odds.
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