Parlay Bet Odds

7/30/2022by admin
  1. How To Calculate Parlay Bet Odds
  2. Parlay Odds Table
  3. Parlay Bet Odds
  4. Sports Betting Parlay Odds
  5. Parlay Bet Odds

The following table shows what parlay bets pay according to the number of picks and the sports book group, assuming that odds on each leg individually are -110 (bettor must risk $11 to win $10). Wins in this table are on a 'to one' basis. 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. When placing a parlay bet online, the bet slips automatically calculate your combined parlay odds, and the potential payouts once you have entered your stake. Types of parlay bets. The most popular types of parlays are Against the Spread Parlays and Teasers but you can parlay many different types of bet and even a mixture of bets. 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.

A parlay calculator is a betting tool that aids gaming investors find out the odds and results of a parlay bet. A parlay, also known as an accumulator, is 1 bet whose results are usually determined by 2 or even more underlying bets.

When successful, it offers greater returns to the investor since it links up many events for a higher payout. If the parlay is to win, each of the bets must win. If one happens to lose, then the whole bet ends up in a loss, regardless of the outcome of all the other games.

How Do Other Results Affect Parlay Results?

There are other results that can affect the parlay results such as:

  • A tie
  • Game postponement
  • Cancellation
  • An incomplete game
  • Rescheduling.

As long as there is no loss, the wagers typically revert to the next lowest number.

How to Use a Betting Odds Calculator

There are different options of the calculator found online. A majority is available free of charge. An example of a simple one is shown in the table below.

Bet
Team Odds
Team #10
Team #20
Team #30
Team #40
Team #50

50

Wager Amount

How To Calculate Parlay Bet Odds

Football parlay bet odds

Payout $0

Calculate

Reset All

Parlay Odds Table

When using a parlay odds calculator like the one above, all you need to do is enter the correct figure of odds in the table. In most cases, you are only allowed to enter numbers and nothing else.

From here, you will be required to type in the money lines for each bet you place as well as the total amount you would like to wager. Once everything is in place, just hit the calculate button. The payout field will give you the results of the amount that you will end up getting if each of the parlay games wins. If there are other parlay odds that you would like to calculate, just click on the reset all button and start the process all over again.

Parlay Bet Odds

There are some calculators that will give you choices on how to display all the odds such as:

Sports Betting Parlay Odds

  • Decimal odds
  • American odds
  • Fractional odds.

Parlay Bet Odds

It can be very confusing trying to calculate parlay payouts on your own mainly because you are dealing with multiple teams. There is no need trying to wreck your brain over this because you can simply use the beneficial calculators that will give you the total to expect in no time. Armed with these results, you can confidently head over to your preferred sportsbook to place a parlay bet.

Comments are closed.