Parlay Formula

The total odds for a parlay is simply the product of the decimal prices for each market in the parlay:

(Price 1) * (Price 2) * ….. (Price n)
n = number of bets in the parlay

Example

If you were to have a three-team parlay with the prices 1.45, 1.20 and 1.55 the total odds for the parlay would be 1.45 * 1.20 * 1.55 = 2.70

Also see:
How To Convert Fractional Odds To Decimal , How To Convert American Odds To Decimal, and What Is A Parlay?

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