A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected.
Moneyline Parlays
In order for the parlay bet to win, every one of the wagers must win or push (tie). If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number. For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet.
The resulting wager will have the same risk amount with the win being calculated to reflect the odds of the remaining team (Example: On a two team $100 parlay with team A +110 and team B -110 if A ties and B wins the resulting wager will be a straight play on B risking $100 to win $91).
See Full List On Boydsbets.com
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.
Moneyline Calculations
- The Stock Calculator uses the following basic formula: Profit (P) = ( (SP. NS) - SC ) - ( (BP. NS) + BC ) Where: NS is the number of shares, SP is the selling price per share, BP is the buying price per share, SC is the selling commission, BC is the buying commission.
- Hello, Since you need to divide by 1.23 for the favorite line (-123) and multiply by 1.23 for the underdog line (+123) you may need to use 2 seperate cells.
- A free version of MoneyLine is available for non-commercial use only. If you will be using MoneyLine at home, you can download the free version here.