3 Team Parlay Payout Calculator
Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. Find out how much you'll win on any parlay.
- Parlay Calculator Parlay calculator will determine what the payout should be on a sports betting wager. Knowing the odds for the parlay know how much money you will win.-How to use the Parlay Calculator: Enter the price, you do not have to enter the plus sign. ( Enter favorite prices with the minus sign Example (-110) ) Do not enter a factor.
- Parlay Calculator determines parlay payouts as well as associated premiums given to a set of underlying betting odds. So a 4-team parlay would become a 3-team, a 3-team a 2-team, and a 2-team.
A parlay is ONE single bet that combines TWO or more individual bets that result in higher payouts. TWO team parlays should pay 2.6/1 at standard -110 betting odds, THREE team parlays 6/1, and FOUR team parlays 10/1; increasing with higher payouts the more sides and/or totals you select for your parlay bet.
Because a parlay is considered ONE
single bet combining TWO or more individual wagers, for your parlay bet to win, EVERY ONE of the sides or totals incorporated in your parlay bet must win or push (tie) for you to cash your investment. If any of the selections LOSE, your parlay bet loses, regardless of the outcome or cancellation of the other games. If one or more selections end in a tie, is postponed, incomplete, cancelled or rescheduled for another day, then the parlay bet reverts to the next lowest number. For example: if you placed a FIVE-team parlay and have 4 winners and a push (tie), your parlay bet pays out as a FOUR-team parlay. If you place a TWO-team parlay and one of the teams wins and one ties, the wager simply becomes a straight bet.3 Team Teaser
In the boxes beside “LEG” enter the money line odds of each game you want to incorporate in your parlay bet. If you choose a favorite, you must enter the money line with a (-) sign at the beginning (EX: -125). NOTE: Most standard point spread sports and total wagers have a standard -110 money line odds. If you enter an underdog, simply enter the money line odds; no plus sign (+) is necessary (EX: 125). NEVER include decimal points or ANY currency signs. Ignore ALL boxes not being used 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 labeled “BET AMOUNT” and click on the blue 'CALCULATE' button. The profit amount of a winning parlay bet will appear below in the “
TO WIN” box. The 'TO RETURN” box includes the total amount of money your sports book gives you back INCLUDING your initial risk amount. Be aware that if the odds on every 'LEG' are -110, then the sports book will likely use a predetermined pay table, which seems to always pay worse than if a direct calculation is made, except on 3-leg parlays.
A parlay calculator is an essential tool for gamblers that determines the payouts of a parlay bet. What is a parlay? This is a bet that is placed on multiple events (two or more) resulting in higher odds. You can bet on as many as one hundred events on some casinos leading to massive odds. However, if you lost one bet, the entire bet is lost. Hence, the bigger the parlay, the higher the odds but, the bigger the risk.
In instances where there is interruption, postponement or cancellation of one of your wagers, the bet usually reverts to the next lower number. Hence, if you had placed a bet on six teams, the odds will payout as a parlay of five teams. This protects you from incurring the effects of such unfortunate events that are beyond your power. Initially, it was difficult to calculate the payout in a parlay bet. Thus, the invention of the parlay odds calculator was a great milestone. It has enabled punters to place big parlay bets with ease after assessing the possible payouts and the risk involved.
How Do Betting Odds Calculators Work?
It is simple to use these calculators. You simply key in the amount of money you want to bet and the money line odds of each of the events. The calculator will, in turn, deduce the payout of the parlay. There is always a Reset option to enable you to conveniently clear the table and place a new parlay. You can do this severally until you create the best combination that has a high probability of winning.
This is particularly important when you want to bet on several different events such as horse races, soccer games, rugby games, and many more. It would be too hectic to calculate the odds manually and place the bets. Another option would be to get a bookie to place your bets, but they charge a fee and may not be legal in your jurisdiction. Luckily, the calculators are present to make it convenient.
Sports bettors who have to combine several bets in order to get a sizeable winning often utilize the betting odds calculator. It can also assist you to predict your winnings in case there is a cancellation of postponement of one of your events. This is the best way of gambling while informed.
2 Team Parlay Calculator
Parlay bets are popular in the entire world. They give you the chance of betting on multiple events and standing a chance of getting massive odds. You should always use a calculator to make it convenient to make these bets. This is certainly the most useful tool for any parlay bettor.