| InsideSports Parlay Calculator |
|
|
Instructions to use the InsideSports.com
Parlay Calculator
What is a Parlay?
A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected.
In order for the parlay bet to win, every one of the wagers must win or push (tie). If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number. For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet.
How to the use the Parlay Calculator?
POINT SPREAD PARLAYS
If you are betting teams on the point spread (basketball & football parlays), just use the vigorish/juice you are being offered. Standard juice is -110. Enter this in the “Odds” box. Then enter you Bet amount in the “Bet Amount” box.
As an example, if you wanted to know what a $100 2 team parlay bet on the Jets -3 -110 and the Giants +7 -110 would pay, you would type in -110 in the “Odds” box for both Team 1 and Team 2. Then, type 100 in the “Bet Amount” box and hit the “Calculate” button. If you do this correctly, the winnings should be $264.50.
FOR MONEY LINE PARLAYS
Enter the moneyline for each of your games into the “Odds” boxes.
Note: Favorites must have a minus in front of the number, such as -120, -200, etc. If you are playing an underdog, just enter the price, such as 160.
Enter the dollar amount of your bet in “Bet Amount” box
Click the “Calculate” button to display the net win amount. The “Parlay Payout” is the total amount returned for a winning bet, which is the actual bet amount plus winnings.
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).
To calculate another parlay, click "Reset Values" and start again.
Good luck!
|
