Vegas Bet Calculator
- $100
- $200
- $500
- $1000
Hence, decimal odds of 1.5000 imply that if a $1 bet were to win, $1.50 would be returned to the bettor (the $1 initial stake plus $0.50 in winnings), while decimal odds of 3.0000 imply that if a. Odds Calculator Odds and Probabilities: Odds Formats and Implied Probability. There are three main odds representations used by most bookmakers and betting websites. Let’s run through some examples of Decimal odds, Fractional Odds and American Odds: Fractional Odds This odds format is used primarily in the United Kingdom & Republic of Ireland. A parlay calculator is a betting tool that aids gaming investors find out the odds and results of a parlay bet. A parlay, also known as an accumulator, is 1 bet whose results are usually determined by 2 or even more underlying bets. When successful, it offers greater returns to the investor since it links up many events for a higher payout. 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. The moneyline bet calculator’s ability to display odds across multiple notation formats (American, Decimal, Fractional, Indonesian/Hong Kong, and Malay odds) allows bettors to compare lines across sportsbooks that use different notations.
- Big Game Special
- Chiefs @ Bucs
- NJ/PA/IN/TN/CO/WV/MI
- Boosted from +333
- Chiefs @ Bucs
- PA/NJ/CO
- 2 per week
- Paid in Free Bet
- Available in CO
- Chiefs @ Bucs
- Super Bowl
- NJ/IL/IN/IA/CO
- Boosted From +200
- Super Bowl LV
- NJ/PA/CO/IN/WV/TN
- Boosted From +1100
- Chiefs @ Bucs
- IL/NJ/WV/IN/CO/TN/IA
- Super Bowl Special
- Plus Signup Bonus
- PA/IN/IL/CO/MI
- Free $30
- NCAA Football
- NJ/IN/PA
What is a Parlay?
A parlay is a bet that combines two or more picks for a larger payout than normal wagers at U.S. sportsbooks. All picks in a single parlay must cover in order to win the parlay bet. Covering five of six games in a six-team parlay counts the same as losing six of six games. Put simply, a parlay requires perfection.
Vegas Sports Bet Calculator
With more risk comes more reward. Two-team parlays (or two-teamers) typically pay 2.6-to-1 and three-team parlays pay 6-to-1. You can add more picks for larger payouts. The payouts above are based on normal-juiced spreads (-110). However, not all spreads are juiced -110. For example, sometimes you will find a side or total -/+105 or -/+120, making parlay calculations a little more difficult. (Learn how to read lines here.)
Moreover, payouts are different when you parlay moneylines, which are particularly common when it comes to betting on the MLB, NHL, and MMA.
For example, look at this hypothetical $10 MLB parlay:
- New York Yankees -210
- Boston Red Sox -165
- Over 8 -120 (Washington Nationals vs. Atlanta Braves)
Enter the price of each pick above (-210, -165 & -120) into the parlay calculator along with the wager size. If you entered everything correctly the payout should read $33.46. The heavy favorites in the parlay decrease the size of the payout.
Now look at this $10 parlay of NFL underdogs:
One Bet Vegas
- Philadelphia Eagles +180
- Indianapolis Colts +250
- New York Giants +365
Again, enter the parlay prices and the wager amount. This time the payout is $445.7 since the parlay consists of big underdogs.
Keep in mind, most sportsbooks do not allow correlated parlays. So you would not be able to parlay the Eagles moneyline and the Eagles spread together, since the Eagles covering the spread increases the odds of the Eagles winning the moneyline. You can often parlay an over/under bet with a spread or moneyline bet from the same game, but there are occasional restrictions depending on the numbers.
The parlay calculator, along with other sports betting tools for NFL, MLB, NBA & more, will help serious and recreational sports bettors alike save time and money as they navigate legal US sportsbooks.