The betting calculator cuts out the potential for human error. First, you will be able to quickly calculate the potential payouts you stand to earn from any of your sports bets. Our betting odds calculator serves three useful functions. We also have a traditional betting odds calculator for those instances where you’re only making a single bet and don’t need to crunch the numbers for an entire ticket.How to Calculate Sports Betting Odds in 2023 If there’s a PUSH, that bet is removed from your ticket as if it never happened. Your payout, if every bet in this parlay hits, would be $723.68 – your original $80 comes back along with your winnings of $643.68. These numbers are important to your overall wager, but it’s the digits in brackets that are necessary to see how much you’d win. The calculator does not need the 4.5 from the prop or the 6 from the totals bet. In the parlay number cruncher, you would add -200 for Bet 1, -110 for Bet 2, -145 for Bet 3, and -115 for Bet 4. Montreal Canadiens vs Pittsburgh Penguins totals OVER 6 goals (-115).MLB prop bet total hits allowed for Justin Verlander UNDER 4.5 (-145).Boston Celtics to cover the spread -110.You decide to take that money to your favorite betting site and create an awesome parlay. Let’s say you have $80 burning a hole in your wallet. We’ve come up with a more detailed example below. Hit Calculate and you’ll see what you’d win. It’s set to $100, but you can bet whatever you want, as long as your bankroll can handle it. In the Bet Amount box, input what you want to wager. However, most sportsbooks will only allow up to 10-team parlays. Our parlay number cruncher lets you enter up to 100 bets. For underdogs, you don’t need to add the plus sign (+). For favorites, you must add the minus sign (-) before the odds. Click on Add Bet to add the other wagers on your ticket. Input your first wager in the Bet #1 slot.

We use American style (-500), but you can choose Fractional (1/5) or Decimal (1.20). With our parlay calculator, you can select how you want your odds displayed.

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Sports betting odds calculator