- How To Calculate Odds Ratio In Sports
- Calculating Sports Betting Odds
- Calculating Sports Odds
- Calculating Payouts Sports Odds
- A series of calculators to help a sports bettor convert odds, size bets correctly or evaluate winrate.
- Insert your odds below and the tool will automatically convert them to American, Decimal, and Fractional odds. It will also calculate the implied probability of the bet and the profit if the bet.
- A 1 in 500 chance of winning, or probability of winning, is entered into this calculator as '1 to 500 Odds are for winning'. You may also see odds reported simply as chance of winning as 500:1. This most likely means '500 to 1 Odds are against winning' which is exactly the same as '1 to 500 Odds are for winning.'
Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. Supports all major formats including decimal, fraction and american. Dutching Calculator - Odds changed since you placed your last bet? Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. An event in the real world with two outcomes, like a coin flip, might have 50/50 odds. Those probabilities add up to 100%. But in sports betting, it's different. Once you convert odds to probabilities and add them together, you'll get a number greater than 100%.
Use the Multi Bet Calculator here
- Leg 1
- Leg 2
- Leg 3
- Leg 4
- Leg 5
- Decimal:
- Fractional:
- American:
What is a multibet?
How To Calculate Odds Ratio In Sports
A multibet (or multi for short), also known as a 'Parlay' or 'Accumulator', is a bet type that combines a series of single bets (also known as legs within a multi) into one bet. The odds in the bet multiply for every additional leg you add to the multibet. There has to be a minimum of two legs in your bet to be classified as a multibet. The maximum number of legs in a multi is dependent on the bookmaker you are placing the bet with. A multibet requires all legs to win to be successful. That is, if one leg loses, your entire multi loses (that's why you usually get big odds for adding more legs)! A multibet can combine different bet types across a range of markets as long as they are not conditional (such as Team A to Win the 1st Quarter and Team A to clear the 1st Quarter Line). Some bookmakers, however, now offer 'Same Game Multis', allowing users to combine multiple markets from the same event. The odds for Same Game Multis are calculated differently and are different to the Multi Calculator on this website.
Calculating Sports Betting Odds
- How To Calculate Odds Ratio In Sports
- Calculating Sports Betting Odds
- Calculating Sports Odds
- Calculating Payouts Sports Odds
- A series of calculators to help a sports bettor convert odds, size bets correctly or evaluate winrate.
- Insert your odds below and the tool will automatically convert them to American, Decimal, and Fractional odds. It will also calculate the implied probability of the bet and the profit if the bet.
- A 1 in 500 chance of winning, or probability of winning, is entered into this calculator as '1 to 500 Odds are for winning'. You may also see odds reported simply as chance of winning as 500:1. This most likely means '500 to 1 Odds are against winning' which is exactly the same as '1 to 500 Odds are for winning.'
Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. Supports all major formats including decimal, fraction and american. Dutching Calculator - Odds changed since you placed your last bet? Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. An event in the real world with two outcomes, like a coin flip, might have 50/50 odds. Those probabilities add up to 100%. But in sports betting, it's different. Once you convert odds to probabilities and add them together, you'll get a number greater than 100%.
Use the Multi Bet Calculator here
- Leg 1
- Leg 2
- Leg 3
- Leg 4
- Leg 5
- Decimal:
- Fractional:
- American:
What is a multibet?
How To Calculate Odds Ratio In Sports
A multibet (or multi for short), also known as a 'Parlay' or 'Accumulator', is a bet type that combines a series of single bets (also known as legs within a multi) into one bet. The odds in the bet multiply for every additional leg you add to the multibet. There has to be a minimum of two legs in your bet to be classified as a multibet. The maximum number of legs in a multi is dependent on the bookmaker you are placing the bet with. A multibet requires all legs to win to be successful. That is, if one leg loses, your entire multi loses (that's why you usually get big odds for adding more legs)! A multibet can combine different bet types across a range of markets as long as they are not conditional (such as Team A to Win the 1st Quarter and Team A to clear the 1st Quarter Line). Some bookmakers, however, now offer 'Same Game Multis', allowing users to combine multiple markets from the same event. The odds for Same Game Multis are calculated differently and are different to the Multi Calculator on this website.
Calculating Sports Betting Odds
Calculating Sports Odds
Some bookmakers now also allow bettors to 'cash out' before all legs of their multibet have resulted. For example, if the bettor had a 7 leg cheeky multi and the first 6 legs have already won, they could choose to accept an amount lower than what they stand to win if the final leg wins, but removes the stress and gives a guaranteed payout.
How does the Multi Calculator work?
Calculating Payouts Sports Odds
Our Multi Calculator quickly calculates the total odds for your multibet. You can enter the odds of each leg and the calculator will then tell you how much the overall multi is worth; the total value of the odds.
