Calculate Parlay Odds
A teaser bet is a lot like a parlay bet, all of the games you picked must win in order for you to win. As well because you are 'buying' points, the win return is smaller. Use our Teaser Calculator to determine the outcome of any particular teaser combination. Our Teaser Calculator allows you to select up to 12 teams in a teaser bet. Going back to our previous example using 4 teams from the NFL’s opening week slate, our true odds came out to be +1475 for that parlay bet. As you can see above that same bet at a book using these fixed odds would only return +1000 or 10/1, a 38.38% decrease in your payout.
Enter the price of each pick above (-210, -165 & -120) into the parlay calculator along with the wager size. If you entered everything correctly the payout should read $33.46. The heavy favorites in the parlay decrease the size of the payout. Now look at this $10 parlay of NFL underdogs: Philadelphia Eagles +180; Indianapolis Colts +250. The total odds for a parlay is simply the product of the decimal prices for each market in the parlay: (Price 1). (Price 2). (Price n) n = number of bets in the parlay. If you were to have a three-team parlay with the prices 1.45, 1.20 and 1.55 the total odds for the parlay would be 1.45. 1.20. 1.55 = 2.70. With our parlay calculator, you can select how you want your odds displayed. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1.20). Under Odds Type, pick your odds style. Input your first wager in the Bet #1 slot.
Betting Parlay Calculator
If betting a favorite you must enter the line with a minus (-) sign at the beginning. If playing the dog, just enter the price, no + is necessary. 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. Most NFL, NBA and NCAA College games are at -110. |
How To Calculate Parlay
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