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Multi Calculator

Put in each leg's price and your stake to see the combined odds and what the multi pays if every leg lands, along with the chance the prices give it and how much margin the bookmaker has built in along the way.

A $10.00 3-leg multi at 6.98 returns $69.83 if every leg wins. The prices give that about a 14.3% chance.
Combined odds
6.98
3 legs
Total return
$69.83
stake included
Profit
$59.83
Margin built in
~14%
at 5% a leg

How a multi is priced

A multi is one bet on several outcomes, and it pays only if all of them win. Its price is every leg's price multiplied together, which is why a handful of short prices turns into a long one. The chance of it landing works the same way: multiply each leg's chance.

Why multis cost more than they look

Every leg carries the bookmaker's margin, and multiplying the prices multiplies the margins too. At a typical 5% on each leg, a two-leg multi gives back about 9% less than a fair price, four legs about 18% and eight legs about 32%. The calculator shows that figure for the number of legs you enter. Shopping each leg for the best price is the only way to claw some of it back.

The formula

combined = O₁ × O₂ × … × Oₙ
return = stake × combined
profit = return − stake

Worked example

Three legs at 1.90, 2.10 and 1.75 multiply to 6.98. A $10 multi returns $69.83 if all three win: $59.83 profit, on roughly a 14% chance.

Same-game multis are different

Multiplying assumes the legs are independent. Legs from the same game are not: a team winning big and its star scoring heavily tend to happen together, so a simple product misprices them, and books price same-game multis with their own adjustments. The same-game multi guide explains how.

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Build the multi at the best price for every leg

HaterPicks prices each leg across every Australian bookmaker it tracks and prices same-game multis with the correlations built in. Free account · no card.

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Information and research only — not betting advice. 18+. Gamble responsibly.

FAQ

How do you calculate multi odds?

Multiply every leg’s decimal price together. Three legs at 1.90, 2.10 and 1.75 make 1.90 × 2.10 × 1.75 = 6.98, so a $10 multi returns $69.83 if all three win.

Do all the legs have to win?

Yes. One losing leg loses the whole multi. That is why the payout is large: the chance of every leg landing is the product of each leg’s chance.

Why are multis so expensive?

Each leg carries the bookmaker’s margin, and the margins multiply. At about 5% a leg, a four-leg multi gives back roughly 18% less than a fair price would.

What happens if a leg is void?

Most bookmakers drop a void or scratched leg and recalculate the multi at the remaining legs’ combined price. Check the rules of the book you bet with.