Parlay calculator3/30/2023 ![]() ![]() January saw a state record $11.6 million in retail wagers in January, the fourth straight month of more than $10 million in retail bets, with the $1.2 million in GGR second only to the figure posted in September 2022. Our odds calculator is 100 free and will be updated. It's no surprise that online betting again carried the bulk of the action, accounting for 93.1% of handle and 91.7% of the GGR, but the state's sole retail operator (also SugarHouse) posted a banner month. Trying to find out how much your parlay should actually pay out Fantasy Life has you covered. Revenue, however, was a different story: FanDuel posted a 10.8% win rate, resulting in $7.2 million in revenue - significantly better than DK's $4.9 million revenue/6.7% hold and SugarHouse's $668K worth of winnings. DecimalOdd the decimal odd for each individual bet. The formula is shown below: Where: Payout profit plus the amount you wager. Multiply how much you want to wager by the decimal odd of each individual bet in the parlay. DraftKings leads the action, FanDuel leads the winningĪfter months of seeing FanDuel lead the way, rival DraftKings was the mobile betting breadwinner in January, accepting $72.4 million in wagers (a 6.8% MoM increase), whereas FanDuel saw a marginal dip in handle - clocking in at $67.3 million - while SugarHouse saw its wagers take a 22.5% jump up to $16.3 million. Next, all we have to do is a simple string of multiplication. ![]() In terms of taxes paid to the Connecticut general fund, operators forked over $1.9 million in January - about $200K better than December. ![]() Both numbers were better than December: GGR improved by 10.8% and the hold percentage was marginally better than the prior month's 7.8% mark. Parlay bets are one of the most popular options in public sports betting. Odds Format Format used in the below odds. Your Stake Amount wagered on this parlay. Simply add your stake and the odds of all your parlay legs, and it automatically calculates your returns. The total gross gaming revenue for the sportsbooks during the month was just under $14 million, resulting in a win rate of 8.3% for the operators. Calculating parlay odds is simple when using decimal odds: Simply multiply the odds from each leg together to get the parlay odds. A parlay calculator is a betting tool that aids gaming investors find out the odds and results of a parlay bet. This parlay calculator works with American moneyline, decimal, and fractional odds. In order to calculate the 10 team parlay odds, you need to take the first odds and multiple it by the second. Recent figures released by the Connecticut Department of Consumer Protection revealed that the state's three online sports betting sites (and one retail operator) posted $167.7 million in handle for January - a 4.6% improvement from the prior month and a 6.1% yearly increase from the action generated by Connecticut sports betting in January 2022. A 10 team Parlay is a Parlay consisting of 10 teams. Connecticut kicked off 2023 on a positive note, with legal sports betting figures for January a noticeable improvement from the previous month. ![]()
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