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Sports parlay betting calculator download

Try it out, simply put in the numbers and the parlay calculator will do the rest! What is a Parlay? Two or more teams or totals can be combined to make one wager. Use the following steps to determine your winnings or should we say potential winnings. Calculate the parlay factor for each piece. If the price of the piece is positive, simply add one to get the factor.

If the price of the piece is negative, calculate the reciprocal, multiply by -1, and then add one 1. Multiply all factors. Multiply this factor times the bet amount. The result is the payoff including your bet : 2. Now multiply the result by 4. Subtract your bet from the figure calculated in 2.

Did you get that? Or, go to www. Do you need parlay betting advice? The logic behind this theory is simple. For example: when a team is favored by 7 points or more with an OVER of The more bets you include and the bigger the underdogs, creates a bigger potential payout, but decreases your odds and increases your risk. What is parlay bet? Parlay bets are very popular, especially with novice bettors, as they have the potential for a high parley bet payout on a low bet amount since you get higher payouts than if you were to bet them individually as your bet accumulates like compound interest.

The reason the parlay bet payout is high is because these bets lower your odds of winning. If any leg of the bet loses, you lose your original stake. If one pushes, the parlay bet payout gets reduced to the next lower number, so a 5 team parlay bet would become a 4 team parlay bet, a 4 team parlay bet becomes a 3 team parlay bet, a 3-team parlay bet becomes a 2-team parlay bet and a 2-team parlay bet gets converted to a straight bet.

The more bets you include, and the longer the odds on each bet, the more potential for your parlay bet payout Use the parlay calculator above to see the parlay payout work for the bets you are considering, and remember that the sportbook has a much bigger advantage when you place a parlay bet.

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Sports Betting - Low Odds VS High Odds

Betting Tools Parlay Calculator. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. Find out how . For more in-depth training check free betting course. 2. Parlay Bet Calculator. Type odds in column B and D. This calculator will show you: Implied probabilities and vig, or sportsbook . Parlay Calculator. A parlay calculator will help you determine the odds of a parlay wager when you combine several straight bets to create a parlay in your sports’ll need the .