Parlay odds generator
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To check the payout of a different parlay, just hit the reset button at the bottom and follow the same steps above again. With a parlay, you can combine a range of different bets such as spreads, money line, prop bets, points totals, and more. To calculate your parlay odds you must multiply the individual odds of your selections together and to then calculate the winnings you combine those odds with your stake. Thus, your total parlay odds will differ depending on the individual odds of each selection.
A large number of parlay bettors will mainly focus on the spread lines particularly on sports such as NFL and NBA, and the odds of these do not fluctuate as much as the odds are fairly standard between sportsbooks and each game at around But fear not, the Pickswise Parlay Calculator takes care of all of the math for you.
Sportsbooks are competitive, and will want to out-do one another with their odds across all of their available markets. Of course, the more bets you add, the likelier it is the parlay doesn't succeed. The problem with something like a team parlay is that even if nine of those bets win, it doesn't matter if the 10th one loses. In order to win a parlay, all bets need to win or push. While you want every bet in a parlay to win, it's also possible that some of the bets push and you still earn some money.
If you have three bets and one of them pushes, the parlay would turn into two bets, assuming those two are winners. Of note, not every sportsbook abides by these rules, though that's the most common method.
EACH WAY BETTING EXPLAINED FURTHER
By putting multiple moneyline bets together, you get the parlay bet. Say, for instance, you plan to bet on a soccer game involving Liverpool and Leeds United. As you can see, odds are made up of a plus sign, minus sign, and numbers. These are the three most important elements to moneyline betting. The minus represents the favorite, while the plus symbol tells you which team is the underdog.
Using our example of Liverpool vs Leeds United, we would divide by 4,, then multiply the result of that 0. Of course, all this can be done without straining your brain by using the gambling calculator above. Wondering what the best book is for your parlay bets? Why not have a look at our dedicated guide to the best parlay betting sites and apps. To find the odds of a parlay bet, simply convert your odds to decimal form and multiply them one by one.
In order, these convert to 1. By multiplying each of these together, we get odds of 4. In US odds, 4. There are two neat methods you can use to find out what the decimal to moneyline conversion is. The generator adds the information directly into a bet slip. This makes the process far easier and more convenient for bettors.
The Parlay Generator comes with a number of great benefits. The generator is a completely free service to use and there are no limits on how much you can use this handy tool. All you need is internet access, meaning you can even use it on the go. By far, the best feature is found when the bet slip has been generated. Toggle the stake for the multiple in the bottom of the bet slip to see the possible return as you go!
The Parlay Generator features an easy to use yet sophisticated interface that will save you lots of time and can even make the experience of betting with parlays even more enjoyable. In a nutshell, the Parlay betting generator is a completely automated service that completes the tiresome hard work for you.
The generator works by taking a series of odds and predictions on the sporting event, in this instance soccer, to then present you with a number of selections that could have good value and, for added convenience, will also provide you with a list of bookies that currently have the highest odds.
How does our Parlay Generator Work? It has already been shown that our Parlay Generator is super easy to use. Firstly, the generator will base itself on the risk preferences you choose and proceed to use its algorithm to sort through all of the events that are currently available. The generator also has the useful feature of arranging a list for you to present the data. The generator is designed to sort through a lot of statistics and information.
This can include the goals that might be scored or conceded, the current form of selected teams, key players, and much more. As soon as the generator sorts through the information it will bring together the selections made and compare them with the algorithm predicting the sport and will continue to select the most reliable options.
As soon as the selections have been created by the generator, the tool can sift through the leading bookies through the handy odds comparison service and set up the parlay bet on a bet slip featuring the highest odds currently available.
Overall, this can make sure bettors maximize their potential profits. As it has been mentioned previously, at the moment the Parlay Generator can only be used for soccer, but there will soon be even more sporting events to choose from that can make good use of this tool for NBA parlays, for example.
What is a Parlay bet?
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