That means you get extra points on your side of the bet in a point spread. Where the two types of wager differ is that with a teaser, you can tweak the odds in your favor. You’ll need to calculate the parlay odds total yourself, and enter it into the ‘Odds’ box. A teaser bet is similar to a parlay, in that you are invited to combine several selections and cover them with a single stake. You can also convert these to American moneyline and British fractional odds. Play around with our parlay calculator below to find out more combinations and potential winnings. This would be the total payout, plus your C$10 stake, should all the bets win. Now, times 12.33 by an example wager of C$10, which leaves 123.91. But, if you multiple the odds together, you get a more enticing total of 12.33. These are all low (favourite) odds for each team to win their respective games.
Let's take a look at the following six-game NHL moneyline parlay bet example: When using decimal odds, which is the most common format in Canada, parlay bets are calculated by multiplying all the odds of your selections together with how much your wager is.
