Nfl Parlay Bet Calculator
Posted : admin On 7/31/2022Oct 21, 2020 Parlay Optimizer Arbitrage Calculator Parlay Calculator PropSwap Market Breakdown FanDuel Parlay Calculator Build, calculate, and analyze FanDuel sportsbook parlay bets.
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. |
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- At the very bottom of the page you’ll find a calculator that you can use to see what your payout would be on any amount for a parlay of up to six teams (note that the odds used for the calculator are “typical” and not adjusted for the 5Dimes Friday Special). Typical Parlay Odds. 2 Team Parlay: 13-5 odds. 3 Team Parlay: 6-1.
- 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.
A parlay calculator is a betting tool that aids gaming investors find out the odds and results of a parlay bet. A parlay, also known as an accumulator, is 1 bet whose results are usually determined by 2 or even more underlying bets.
When successful, it offers greater returns to the investor since it links up many events for a higher payout. If the parlay is to win, each of the bets must win. If one happens to lose, then the whole bet ends up in a loss, regardless of the outcome of all the other games.
How Do Other Results Affect Parlay Results?
Nfl Parlay Bet Calculator Spreadsheet
There are other results that can affect the parlay results such as:
- A tie
- Game postponement
- Cancellation
- An incomplete game
- Rescheduling.
As long as there is no loss, the wagers typically revert to the next lowest number.
How to Use a Betting Odds Calculator
There are different options of the calculator found online. A majority is available free of charge. An example of a simple one is shown in the table below.
| Team | Odds |
|---|---|
| Team #1 | 0 |
| Team #2 | 0 |
| Team #3 | 0 |
| Team #4 | 0 |
| Team #5 | 0 |
50 |
Wager Amount
Payout $0
Calculate | Reset All |
When using a parlay odds calculator like the one above, all you need to do is enter the correct figure of odds in the table. In most cases, you are only allowed to enter numbers and nothing else.
Nfl Parlay Bet Calculator 2020
From here, you will be required to type in the money lines for each bet you place as well as the total amount you would like to wager. Once everything is in place, just hit the calculate button. The payout field will give you the results of the amount that you will end up getting if each of the parlay games wins. If there are other parlay odds that you would like to calculate, just click on the reset all button and start the process all over again.
There are some calculators that will give you choices on how to display all the odds such as:
- Decimal odds
- American odds
- Fractional odds.
Parlay Bet Calculator
It can be very confusing trying to calculate parlay payouts on your own mainly because you are dealing with multiple teams. There is no need trying to wreck your brain over this because you can simply use the beneficial calculators that will give you the total to expect in no time. Armed with these results, you can confidently head over to your preferred sportsbook to place a parlay bet.