300 To 1 Odds Payout Calculator

1. 300 To 1 Odds Payout Calculator

A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected.

1. These odds tell you that for every $1.00 you bet, you’re going to get $2.00 back. The payout on this sports bet is $2.00 ($1.00 bet + $2.00 payout = $3.00 return) Notice that you get the same amount of cash back on both bets but that you actually make double on the second wager.
2. If $10 is bet at odds of 3/1, the potential profit is $30 ($10 x 3) and the total returned is $40 ($30 plus the $10 stake). Implied Probability. Odds correlate to probability. A 4/1 bet is expected to win one in every five attempts, therefore the probability is 20%. Odds Conversion Table.

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.' Odds of 2/1 (the way to say is “two to one”, or less commonly “two to one against”) imply that the bettor would have £200 profit on a £100 stake. If the odd is 1/2 (“one to two”, or “two to one on”), the bettor would have £50 profit on a £100 stake. Odds of 1/1 are also known as evens or even money. Calculator for Sports Odds. Use our odds calculator to easily convert American (a.k.a. Moneyline), Decimal, and fractional odds. You can also view corresponding odds by their implied probability of winning (expected win%), as well as calculate payouts for sports bets based on the amount wagered ($100.00 is used by default).

In order for the parlay bet to win, every one of the wagers must win or push (tie). If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number. For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet.

300 To 1 Odds Payout Calculator

The resulting wager will have the same risk amount with the win being calculated to reflect the odds of the remaining team (Example: On a two team $100 parlay with team A +110 and team B -110 if A ties and B wins the resulting wager will be a straight play on B risking $100 to win $91).