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.
- How To Calculate Parlay Bets
- Baseball Parlay Calc
- Odds Coach Calculate Parlays
- How To Calculate Parlay Combinations
A Parlay C alculator is a tool that works out your parlay wagers payout. It’s not an easy task to work out a two team parlay never mind 15! So a parlay calculator is an essential tool for all bettors. What is a Parlay? 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 (e.g. Note: Most standard pointspread and total wagers have -110 moneyline odds.
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 Calculate Parlay Bets
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.
| Team | Odds |
|---|---|
| Team #1 | 0 |
| Team #2 | 0 |
| Team #3 | 0 |
| Team #4 | 0 |
| Team #5 | 0 |
50 |
Wager Amount
Payout $0
Calculate | Reset All |
Baseball Parlay Calc
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.
Odds Coach Calculate Parlays
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.
There are some calculators that will give you choices on how to display all the odds such as:
- Decimal odds
- American odds
- Fractional odds.
How To Calculate Parlay Combinations
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.