Moneyline Calculator Parlay

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  1. Moneyline Parlay Calculator Don Best
  2. Moneyline Calculator Parlay
  3. Moneyline Calculator Parlay Picks
  4. Moneyline Calculator Parlay Numbers
  5. Moneyline Calculator Parlay Odds

How to use the DonBest.com Parlay Calculator In the boxes under 'Odds' enter the moneyline odds of each game in your parlay. If you choose a favorite, you must enter the moneyline with a minus (-) sign at the beginning (e.g. Note: Most standard pointspread and total wagers have -110 moneyline odds. Parlay Calculator In the boxes under 'Odds' enter the moneyline odds of each game in your parlay. If you choose a favorite, you must enter the moneyline with a minus (-) sign at the beginning (e.g. Note: Most standard pointspread and total wagers have -110 moneyline odds. The most popular types of parlays are Against the Spread Parlays and Teasers but you can parlay many different types of bet and even a mixture of bets in the same parlay. Aside from Against the Spread, parlaying Moneyline picks is also popular, often used to combine a few strong favorites to increase the odds compared to placing multiple. Put together as big of a parlay as you as please - simply select the type of bet you'd like to make whatever league - and instantly see which sportsbook will return. Offer better the better return. Remember, you can’t parlay moneyline and spread same same game.All game times listed below are in EST.

Moneyline Parlay Calculator Don Best

Before we go any further, we need to explain what a parlay is fully.

By definition, a parlay is a group of multiple individual bets (two or more) that are connected together and treated as one big wager.

In order to win the entire bet, you have to win each of the individual bets on your parlay. If you lose one individual bet, then you lose the entire parlay bet.

Why would you ever want to group bets together and force them to be dependent on each other?

The reason is that the sportsbook will pay you out much more money for correctly picking multiple individual bets together.There is more risk in this type of bet so it should be expected that we are offered a higher reward for making this wager.

Let’s compare betting three games individually versus betting them as a parlay.

Moneyline payout calculator

Let’s assume that each game is -110 moneyline odds.

Let’s also assume that our bankroll for these three games is $300. We’re going to look at the scenarios if we picked all three games correctly and if we only picked two of the games correctly.

Calculator

If we bet the games individually, we would bet $100 per game.

GameBet AmountOddsOutcomeProfit/Loss
Game 1$100-110Win$90.91
Game 2$100-110Win$90.91
Game 3$100-110Win$90.91
Our total profit would be $272.73 if we bet all three of these games individually.

Now, what would happen if we picked all three games as a parlay bet? This time, we would place a single bet of $300. We will go over how to calculate parlay payouts in the section below here, but for now, we have done the calculations for you.

The profit on this bet as a parlay would be $1787.40! Even if we only bet $100 total, we would see a profit of $595.80. As you can see, you can bet 1/3 of the amount you bet total in the individual games and still make more than double what you would betting the games individually.

Moneyline Calculator Parlay

At this point, a lot of people are wondering why you would ever bet anything but parlays. You can bet less and make so much more! Well, as you are probably guessing, there is more to the story.

Let’s look at what happens in our same example, except this time we only pick two out of the three games correctly. We bet the same games again for $100 each individually, and we are correct on two out of the three games.

GameBet AmountOddsOutcomeProfit/Loss
Game 1$100-110Win$90.91
Game 2$100-110Win$90.91
Game 3$100-110Loss($100.00)

Moneyline Calculator Parlay Picks

If we bet all three of the games as a parlay for $300 (or $100), our profit is negative $300 or negative $100. If you get even one game wrong in a parlay, you lose the entire bet. You’ve now seen the downside to parlays.

Moneyline Calculator Parlay Numbers

You have to be perfect to cash in, or you lose.

Moneyline Calculator Parlay Odds

Even if you only get one game correct betting them individually, you’re only going to lose $109. If you bet the same $300 on a parlay, though, you lose the entire $300. The risk is higher for parlays, but the associated reward is also higher.