Parlay Calculator
Nhl Parlay Calculator
Calculating Parlay Payouts

A parlay (often referred to as an accumulator in the UK) is a single bet whose outcome is determined by two or more underlying bets. Each of the underlying bets must win for the parlay. Before making any bet, it helps to know what you're risking for the expected payout. American betting apps. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Do nothing with the boxes that are not included in your money line parlay (leave '0' in each box, they will not be factored into the parlay). 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. Parlay Calculator. For those of you who like to bet parlays you can use this parlay calculator to figure our your net return on the parlay odds. This calculator will work for any sport that uses a point spread of money line. You can use this tool for parlays up to 6 teams! How to Use the Parlay Calculator. Our parlay calculator could not be easier to use. Follow the steps below to calculate your parlay bet: Enter your total stake in the Bet Amount field. Enter the odds of the first leg of your parlay bet in American format. Hit enter or click the plus icon to add the bet to your parlays.

Parlay Calculator

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Payout

How to use the DonBest.com 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. -120). Note: Most standard pointspread and total wagers have -110 moneyline odds.

If you choose an underdog, simply enter the moneyline odds; no plus sign (+) is necessary (e.g. 120).

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).

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 again.

Good luck!

Thinking about betting a baseball parlay, but don’t know if it’s a smart play? Here is a look at how baseball parlays work and the returns you will receive if you win your bet.

For starters, baseball parlays are a little different than other parlays. For instance, in basketball and football there are fixed payouts for the number of plays you make. The reason for that is in those sports, the majority of the betting is done on the spread, where the same odds can be found on the favorite and the underdog. In baseball, the majority of the bets come in on the money line, where the favorite could be listed at -200 and the underdog at +175. If there were fixed payouts in baseball, everyone would simply load up on all the big favorites and win at a pretty high rate.

Instead of fixed payouts, your money is built progressively through each bet. Aria poker results. For example, say you had a $50 three team parlay on the Yankees -150, Dodgers +115, and Braves -135. The initial $50 dollars would be bet on the Yankees -150, if that wins then you would be up t0 $83.33. That $83.33 would then be bet on the Dodgers +115, if that wins you would be up to $179.16. As you might have guessed, the $179.16 would then be placed on Braves -135, if that wins you end up winning your parlay and walking away with $311.87. Not a bad $261.87 profit ($311.87 -$50) on your $50 bet. It doesn’t matter what order you calculate the odds, as long as all three cash the winnings will be the same. However, if any of the three bets happens to lose, you lose your $50 and walk away with nothing.

The next thing I want to explain is how to calculate the returns so you know how much money you are looking at winning with your parlay bet. This can be a little tricky at first, but I will include an example later that should make it easier to understand.

How to Calculate Your Return on Favorites

The first thing you want to do is take 100 and divide it by the money line value. For example, if the money line was -150, you would take 100/150 and get .666667. The .666667 is the amount of money you receive for every $1 you bet. There are two ways you can go about figuring out how much you will walk away with.

1) Take the .66667 (profit/$1) times the amount you bet and add that to your initial bet. Again, let’s say you bet $50. You would take the .666667 (profit/$1) x $50 (initial bet) and get $33.33 (winnings). Simply add the $33.33 (winnings) to your initial bet ($50) and you get $83.33 (money received after winning bet).

2) Take the .66667 (profit/$1) and add 1 to it. By adding 1 you no longer have to add your initial bet in the end. So for a $50 bet you would take 1.666667 x 50 (initial bet) and get $83.33 (money received after winning bet).

How to Calculate Your Return on Underdogs

Parlay Calculator

With underdogs, it’s just the opposite of the first step. This time you take the money line value and divide it by 100. So, for an underdog listed at +150, you would take 150/100 to get 1.50. The 1.50 is the return you would get on each $1 you bet. The way to figure out how much you will walk away with is the same as with favorites. To make things easy we will again use $50 as our sample bet.

Nhl Parlay Calculator

1) 1.5 (profit/$1) x $50 (initial bet) = $75 (winnings). Then take your $75 (winnings) + $50 (initial bet) to get $125 (money received after winning bet).

2). Take 1.5 (profit/$1) + 1 = 2.50. Then take 2.50 x $50 (initial bet) = $125 (money received after winning bet).

Quick 2-Team Parlay Example

Parlay: Rockies -140 and Cubs +125 (We are going to use the Rockies play first then the Cubs, but remember you can do it in either order)

Bet: $50

Step 1) Figure out your return/$1 on the Rockies -140

100/140 = .71 (return/$1)

Step 2) Figure out your winnings on $50 bet

.71 x 50 = $35.71

Step 3) Figure out your total money with initial bet

$35.71 + $50 = $85.71 (Note this now becomes your initial bet for the Cubs +125)

Step 4) Figure out your return/$1 on Cubs +125

125/100 = 1.25 (return/$1)

Step 5) Figure out your winnings on your $85.71 bet

1.25 x $85.71 = $107.14

Step 6) Figure out total money won for parlay

Calculating Parlay Payouts

$107.14 + 85.71 = $192.85 (amount received if parlay wins)

Mlb Parlay Calculator