Moneyline Payout Calculator
- Money Line Parlay Payout Calculator
- Moneyline Payout Calculator
- Moneyline Payout Calculator
- Odds Calculator Payout
- Betting Payout Calculator
- Moneyline Payout Calculator 2019
Most gamblers don’t care how a Parlay Calculator works.
But not you.
You are better than most!
On this page you’ll learn how a parlay calculator works and different strategies for improving your gambling skills. Here's the plan:
Parlay Calculator To use this calculator, enter a bet amount and the odds on every leg of the parlay, up to 15 legs. For even money, put in 100 or -100. Do not enter anything other. Mobile friendly moneyline calculator and sports betting calculators. Display payouts based on odds wagered. Money line calculator, Gambling calculator, Point spread calculator, Parlay calculator, Over/Under Calculator. $30 x (180/100) = $30 x 1.8 =$54 Potential Profit = $54 Total Potential Payout = Profit + Stake = $54 + $30 = $84 Calculating Payouts From Negative Moneyline Odds The equation required to calculate the potential profit of a wager with negative moneyline odds is different.
- How is a parlay calculated.
- Why should I care?
- What is a Parlay Bet?
- Parlay Odds Table.
- Getting Started with Parlay Tips
How is a Parlay Calculated?
Lets start with the math.
The parlay formula is straight forward. You multiply the wager amount along with the decimal odds for each team/fighter then subtract the wager amount.
UFC Parlay Calculation Formula
- Edson Barboza at 1.60
- Israel Adesanya at 2.90
- Max Holloway at 1.40
($100 * 1.6 * 2.9 * 1.4) - $100 = $550
For all of us in the US, it’s a bit more complicated because we don’t see decimal odds very often. So we first need to convert the money line odds to decimal odds then plug them into our parlay formula.
The money line-to-decimal formula is straightforward:
- Favorites - A negative value (-250) money line divide 100 by the number. 100/250 = .4
- Underdogs - A positive value (+180) money line divide the number by 100. 180/100 = 1.8
- Add 1 to the value for both favorites and underdogs.
- Plug these numbers into the parlay formula mentioned above.
Money Line Parlay Calculation Example
- Edson Barboza -165
- Israel Adesanya +190
- Max Holloway at -255
Steps 1 & 2.
- Edson Barboza 100/165 = .60
- Israel Adesanya +190/100 = 1.90
- Max Holloway at -100/255 = .40
Step 3 - Don't forget to add the 1.
- 1.6
- 2.9
- 1.4
Step 4 - Plug the numbers into the parlay calculator formula.
($100 * 1.6 * 2.9 * 1.4) - $100 = $550
Money Line Parlay Payout Calculator
Why Should I Care How the Parlay Calculator Works?
Moneyline Payout Calculator
You should compare the results from this formula to what your sports book is paying to verify you’re getting the proper value on your wagers. If not, consider moving your business elsewhere.
An educated gambler is always a better gambler and with a thorough understanding of basic parlay principles you’ll soon spot profitable opportunities while recognizing common money pits.
When it comes to gambling on sporting events, there are many different types of bet you can place. A quite common one is the parlay. This is a bet that consists of two or more individual wagers. For a parlay to win, each of the individual wagers that make up the parlay has to win. If anyone of them doesn’t win, you won’t win the bet. Generally speaking the more wagers there are that make up the parlay, the lower the odds of winning are, and the higher the payout is. The main reason why these bets are so popular is that the parlay payouts can be quite large indeed.
Moneyline Payout Calculator
A parlay bet that covers two wagers is often known as a double. Likewise, one that covers three wagers is often referred to as a treble. Due to their lower odds and higher payouts, these bets are great for players who have more cash to spend and enjoy taking a risk. Budget players can still get in on the parlay action by placing bets covering a smaller number of wagers.
Odds Calculator Payout
It’s important to point out that you can still win a parlay even if not every individual wager results in a win. If one of them is a tie or is postponed, rescheduled or even cancelled, you can still receive a payout so long as all others win. You won't win the full amount, however. If you place a four-team parlay, and three out of four wins with one tie, your bet will pay out as a three-team parlay instead.
Betting Payout Calculator
Odds for sporting events can get quite complex, especially for those new to sports betting. Combining different odds for different events can get even more confusing. That’s why many people use a parlay odds calculator. This is simply a sort of betting odds calculator that takes the odds of different wagers and puts them together to determine the overall odds and the total amount of money you stand to win based on your bet.
Moneyline Payout Calculator 2019
When it comes to using a parlay calculator, you’ll find that there are lots of different ones available to use online. Most of them are set up in different ways, but they all basically just need you to input the odds and payouts of all the wagers that make up the bet. If you’re thinking of placing a parlay bet, it’s always a good idea to use a calculator to see exactly what the payout is.