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Do not include decimal points. Ignore the boxes that are not included in your parlay leave "0" in each box; they will not be factored into the parlay. The amount of a winning parlay wager will appear in the box next to "Payout". Note: The "Payout" does not include the amount wagered. To calculate another parlay, click "Clear" and start again.
Good luck! Get the best football picks and NFL football picks from the industry's most formidable sports handicapping team. The free parlay calculator is the perfect tool for you to determine the value of your parlay bet on every sport. When you are considering a parlay bet, the parlay calculator shows you the amount of the potential payout determined by the number of bets and the value of each bet. 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.
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Sports Betting 101: How do you bet on MLB (Baseball Betting Tips)?AdDraft Your Favorite NFL Players and Create Your Lineup Now for a Shot at Big Prizes! Sign up Online or Download the DraftKings App to Draft Your NFL Fantasy Team. Bet 1 has odds of () and Bet 2 has odds of (+). Your parlay calculation would look like this: x = (+). American odds cannot simply be multiplied together —. Enter the amount of your wager in the box next to "Amount ($)" and click on "Calculate". The amount of a winning parlay wager will appear in the box next to "Payout". Note: The "Payout" does not include the amount wagered. To calculate another parlay, click "Clear" and start .
