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.
In order for the parlay bet to win, every one of the wagers must win or push (tie). If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number. For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet.
Sports Betting Parlay Calculator Solver
Sports Betting Parlay Calculator
Parlay Calculator In the boxes under 'Odds' enter the moneyline odds of each game in your parlay. If you choose a favorite, you must enter the moneyline with a minus (-) sign at the beginning. Enter the amount of your wager in the box next to Bet Amount, and click on 'Calculate Parlay'. The amount of a winning parlay wager will appear in the box next to Parlay Payout. Most NFL, NBA and NCAA College games are at -110. Sep 18, 2019 In gambling terms, 'parlay' means to bet on at least two events, letting the winnings ride after each win. Usually you lose, but when you win, and depending in part on how many events were parlayed, you can win big. To use this calculator, enter a bet amount and the odds on every leg of the parlay, up to 12 legs. Parlay Calculator If you landed here most likely you already know that a parlay is a cumlative series of bets in which winnings accure from each winning bet to the next bet. In other words, a series of two or more wagers made in advance that the orginal stake plus it's winnnigs are risked on the successive bet.
Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. Here’s how the math works. Convert the American odds to decimal odds using our odds.
The resulting wager will have the same risk amount with the win being calculated to reflect the odds of the remaining team (Example: On a two team $100 parlay with team A +110 and team B -110 if A ties and B wins the resulting wager will be a straight play on B risking $100 to win $91).