How can a bettor calculate parlay odds?
It’s the dream of every sports bettor to hit the big parlay.
There is not much better than winning huge amounts of money on a small wager, and a good parlay is the way to do this.
The most important aspect of a parlay is finding out just how much money has to be bet, and how much will be made.
There has never been a better time to sharpen up on your knowledge of parlay calculators and odds.
Parlay odds can climb unrealistically high, with the most lucrative parlays ranging anywhere from +2000 to +100000 odds, making it one of the most popular ways of betting on sports.
With the internet becoming more accessible than ever before, calculating your parlay odds have never been easier.
Check out two easy and simple ways you can calculate any parlay to monitor how much money will be won.
Its easy to just remember that parlays are simply rebets – Lets say you have a 2 team parlay and bet 100 bucks.
If the first one wins, the orginal stake and winnings are bet on the next game.
This compounding effect can produce amazing results. They are also hard to win. The odds get progressively worse with every game added.
The first way that any sports bettor can calculate parlays before betting is with a parlay calculator.
There are hundreds of parlay calculators online that are easy to access and even easier to use.
To use these calculators, simply plug in the odds of your bets into the program, and let it do the rest.
These calculators will automatically add up your parlay totals without you having to do any additional work.
At the end, the calculator will give the bettor a number that represents the odds of the parlay.
The only data a user needs to use these parlay calculators is the odds of the results that are being added to the parlay, and how much will be wagered on the parlay.
With this information, the parlay calculator will take your bet amount and tell you just how much the parlay would win if it were to hit.
Add to online bet slip
An alternative way to check how much your parlay would profit is to simply plug the parlay into an online sportsbook betting slip.
This process is quick and easy, and can be done on any computer or smartphone.
To calculate parlay odds with this method, place the bets that you want in your parlay into an online bet slip.
All reputable online sportsbooks will have the parlay option available, which will show you the amount that the parlay would win once the amount of the bet is entered.
This is by far the easiest way to quickly and accurately find parlay odds.
*Quick Tip : Make sure that you are not logged in to a sportsbook account while practicing #1…
as it is easy to accidentally place the bet on the parlay when trying to calculate it in the betting slip !