The FTNBets parlay calculator helps you quickly calculate your parlay by inputting the bet amounts and odds to find out the parlay odds. Calculating parlay odds is simple when using decimal odds: Simply multiply the odds from each leg together to get the parlay odds. For example say you wanted to. Parlay calculator is a sports betting tool for extra handicapping data. See how much you'd win based on the odds of your total wagers, and amount bet. LADBROKES DERBY BETTING GUIDE

For example, you can have a parlay bet on both the Patriots and Cowboys to win — but you only win the bet if both events come true. Parlays are a high-risk, high-reward way to bet on sports. You can string together many straight bets into a parlay. The more straight bets you add to a parlay slip, the lower your chances are of winning, but the higher the potential payout. By their nature, parlays are hard to win. But they are one of the most popular types of sports bets because of the potential return.

Why do I need a calculator for my parlay sports bets? The potential payout for parlay bets is a lot more confusing than a straight bet. The payout can grow as much as you want it if you keep adding bets, as a lot of sportsbooks allow up to bet parlays or even up to Of course, the more bets you add, the likelier it is the parlay doesn't succeed. The problem with something like a team parlay is that even if nine of those bets win, it doesn't matter if the 10th one loses.

In order to win a parlay, all bets need to win or push. While you want every bet in a parlay to win, it's also possible that some of the bets push and you still earn some money. If you have three bets and one of them pushes, the parlay would turn into two bets, assuming those two are winners.

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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. How do you calculate a parlay?

The best way to calculate the parlay bet payout is to use the free parlay calculator above or enter your bets into the sportsbook app where you plan to place your bets and enter your game selections. The payout amount of a parlay can grow exponentially especially when large underdogs are included in the wager.

When placing a parlay bet make sure to shop around and calculate the parlay with multiple sportsbooks as the odds and payout can vary greatly. The books also make money in the long run on parlays because they never pay close to the true odds. In order to win, every single bet must win. If a straight bet within the parlay loses, the parlay bet loses no matter how many of the other legs won.

The parlay calculator will show you how much you could win if all the bets inside the parlay bet are successful. How do I calculate a parlay payout? To Calculate a parlay, you simply multiply the decimal odds of each straight bet together. Should you make parlay bets or not? A parlay bet comes with inherent risk since you need to win each leg in order to cash the parlay.

Often, parlays are viewed as bad bets in the world of sports betting. This said, if you do have an edge in multiple markets, the opposite is true: a parlay bet will magnify those edges, creating a very valuable bet. If a few markets are all priced around and you think they should be closer to , just enter the actual prices into the parlay calculator and then enter your implied prices and look at the difference. How do parlay odds work? Parlay odds are a direct calculation of the odds of the single bets placed inside the parlay bet.

The longer the odds of the bets, the bigger the parlay payout will be. If a parlay bet has a bet within it that pushes, most sportsbooks just reduce the parlay odds to whatever the calculation for the rest of the remaining legs would be. For example, a three-team parlay bet would become a two-team parlay instead.

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The Parlay Wager Calculator

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