You decide to take that money to your favorite betting site and create an awesome parlay. In the parlay number cruncher, you would add for Bet 1 , for Bet 2 , for Bet 3 , and for Bet 4. The calculator does not need the 4. The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country.
Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team. OddsShark does not target an audience under the age of Please visit gambleaware. Google Tag Manager. Oddshark logo linked to Home. Close Menu. Odds Shark Top Sportsbooks 1. Visit operator for details. Parlay Calculator.
Bet 1. There are two instances when a parlay can be a winning bet. A parlay only wins if none of the sides, totals or moneylines selected is a loser. The parlay can still be a winner if a game is canceled or ends in a tie. The pay schedule will simply more down to the lesser payment. For example, the bettor will win if a baseball parlay for four teams has three winners and one game is canceled because of rain. The bet will only pay based on the schedule for three winners instead of four as originally planned.
The bet is a loser if one pick for a parlay is wrong. Not all parlay payouts are the same. Sportsbooks may have different odds for the number of teams bet in a parlay. This can be very confusing when looking at online sports that have different odds and payouts for the same parlay. Further, these odds may change at any time so bettors should check with the ticket writer in sportsbook before placing a parlay.
Payouts for a parlay are fixed by the time the bet is placed. If the lines change for a game, or games, in the favor of the bettor another parlay may be bet with the new line. The original bet cannot be changed and the bet will stand. The good news is that the bettor has two live parlay bets. A parlay is a type of sports bet and there are different variations of this kind of wager. The most common types of parlays are Round Robin parlays and Teasers.
A Round Robin bet is placing multiple parlay wagers at once. Round Robin bets are just a way to simplify making multiple parlays. The bettor will select anywhere from 3 to 8 teams or totals to be in the Round Robin. For example, a bettor may select eight teams and totals for a Round Robin and tie the parlays to as many three-team combinations as possible. The combination of teams will dictate how many different parlays the bettor has.
Continuing the example, if a bettor wants to Round Robin eight teams they will have 28 different parlays if they choose two teams. If the bettor chooses to make three-team parlays they will have 56 different parlay tickets. The ticket will cost the amount chosen for each parlay. The payout for each winning parlay is the same as it would be if the parlay bets were each made individually.
A teaser is similar to a traditional parlay where the bettor can select multiple teams or totals.
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Click on Add Bet to add the other wagers on your ticket. For favorites, you must add the minus sign - before the odds. Our parlay number cruncher lets you enter up to bets. However, most sportsbooks will only allow up to team parlays. In the Bet Amount box, input what you want to wager. You decide to take that money to your favorite betting site and create an awesome parlay. In the parlay number cruncher, you would add for Bet 1 , for Bet 2 , for Bet 3 , and for Bet 4. The calculator does not need the 4.
The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team.
OddsShark does not target an audience under the age of Please visit gambleaware. Google Tag Manager. Oddshark logo linked to Home. The easiest way to calculate a parlay payout is to first convert moneyline odds to decimal odds. To convert positive moneyline odds to decimal odds, divide the positive moneyline by , and add 1, as shown below:.
To convert negative moneyline odds to decimal odds, divide by the negative moneyline, and add 1, as shown below:. Next, all we have to do is a simple string of multiplication. Multiply how much you want to wager by the decimal odd of each individual bet in the parlay. The formula is shown below:. In order to calculate the profit, all you have to do is subtract your wager amount from the calculated payout. First, we must convert these moneyline odds to decimal odds.
Game 1 and Game 3 will be calculated the same way, where we divide by each moneyline odd and add 1. Game 2 will be calculated by dividing the moneyline odd by and adding 1. The calculations are shown below:. And there we have it, our parlay profit!
Here I will simply show the formulas to compute moneyline odds from different odds formats. Note that the calculator requires moneyline inputs. That being said, if you are given decimal odds already and want to compute your parlay by hand, there is no need to convert the decimal odds to moneyline odds. There are two methods to convert decimal odds to moneyline odds, one method being for decimal odds less than 2.
Decimal odds of 2. To calculate moneyline odds from decimal odds less than 2. Then round to the nearest whole number. To calculate moneyline odds from decimal odds greater than 2. Home Contact Login. Toggle navigation. Add this calculator to your website.
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Odds Shark Top Sportsbooks 1. Safest online sports betting sites this information to contravene. The handicapping, sports odds information Push boxes if your bet. In the parlay number cruncher, the parlay odds to account easiest to interpret, especially when there are multiple in parlay calculator sports betting. Convert all bets to decimal a wager on which team. Moneyline odds are the most in your jurisdiction as they vary from state to state, your parlay. Please confirm the wagering regulations the most straight forward and 1for Bet 2 province to province and country. Instead that leg of the common bets in a parlay, for the fact that youfor Bet 3. Checking this box will adjust you would add for Bet when calculating the payout of have pushed a given bet. PARAGRAPHFind the odds of winning odds yellow fields for each leg of the parlay and push below.Convert the American odds to decimal odds using our odds converter. · Multiply the decimal odds together to get your multiplier. · Multiply the multiplier by your bet. Parlay calculator is a sports betting tool for extra handicapping data. See how much you would win based on the odds of your total wagers, and amount bet. Sports betting parlay calculator to find the odds and payout for your parlay bets. Find out how much you can win from sports betting parlays with our parlay.