Free Parlay Calculator
Parlay Betting is an exotic kind of bet which is used to place the bets on the outcomes of two or more sporting games or events for increasing the amount of payout. All the teams in which the wager has placed the bet must win or either should end in tie to succeed in the bet. Parlay betting offers fun and excitement when played safe. Utilizing a parlay calculator can help you to make wiser descisions. The results of the picks should be analyzed properly by performing some homework.
Parlay bets can be performed in a very simple method just by searching online sportsbooks, searching for their betting choices and choosing parlay. The greatest advantage of parlay betting is that it can be used almost like an insurance policy on the other bets. Parlay additional betting for a less amount on few favorites is a great way to gain bigger profits. This method also reduces the chances of risks to a great extent. This betting is capable of providing a strong money making opportunity even if the bettor does not take any risks by picking up substantial underdogs. You can use our free parlay calculator to see how big your return can be on relatively safe bets. To get huge winnings, parlay betting should be made on many underdogs. The more bets you enter into the parlay calculator the greater the overall winnings will be. Regardless of the approach, this betting is an exciting method that will help the gamblers to attain more profits even in the shows that are not meant for gambling.
Parlay betting consists of two main types such as Point Spread Parlays and Money Line Parlays. The payoffs are fixed in the former type and payoffs are calculated by the odds of the team in the latter type. The odds of money line parlay are usually not fixed because winning odds differ greatly from one team to other. The odds of a general parlay consist of spreads and totals.
The parlay calculator is a very effective portable tool used for calculating the parlay bet payoffs. The value of money line should be filled in the space of parlay calculator prices. At least two spaces must be filled in. The amount of money that has been decided for betting should be filled in the column of parlay calculator amount. The calculate button of the calculator must be pressed to get the results of the payoff. This amount includes the amount used for real betting along with the winnings. In the price column, the values from -99999 to +99999 can be entered. The plus or minus symbol should be added based on the price. If favorites are going to be added, a minus symbol should be added in the front. If only the values are to be entered, then only the number must be added without any symbols. The number zero should be left as such in all the other fields which will not be used for factoring into the parlay. To start calculating a new parlay bet, reset button should be pressed. Payoffs are calculated by an easy formula used for converting the money line to decimal factor. While entering the values, factors and decimal points should not be entered. Parlay calculators are usually present in the sports betting menu.
Baseball parlay betting is very famous because the results of the games are usually known by the pitching matchups in most of the cases. If the bettor has the up to date details and the ability to perform prior decisions on the picks, then he will be able to get more profit. Soccer parlays are very famous in Europe and some parts of South America particularly during the matches such as play-offs and championship. It is usual to place the bets on the local desired teams. This betting will be helpful to gain additional money if the bettor has a very good luck.
Several online calculators are available for parlay betting. It can be used for betting of sports such as baseball, basketball, football and a variety of other games.