A four-team parlay would net a bettor $1,228 on a $100 wager. Correctly betting four -110 games straight up would mean a profit of $400 on four $110 wagers. But hitting a four-team parlay brings rewards. All four games in a four-team parlay must hit for the bet to pay out. Parlays drastically improve the odds by stringing bets together, as well as increase the risk. You risk $110 to win $100 on most point spread bets and wait for the result. Choosing when and if to pull the trigger on a hedge is all part of the parlay betting experience. If the first three games of a four-team parlay hit, one could bet the other way on the fourth leg to win money no matter the outcome. Putting a longshot parlay together with friends is a great way to stay invested and keep in touch with the crew on a busy NFL Sunday.īettors can also hedge out of parlays to guarantee a profit in the later stages. If entertainment is what you’re after with the online betting sites, parlays offer the best bang for your buck. Something like a two-team parlay provides the chance to string your two favorite bets of the night together for a bigger profit. Big moneyline parlays can lead to four and five-figure payouts on relatively small wagers. You can put $10 on an eight-team parlay or $100 on a two-team parlay. Parlays give bettors the chance to get action on multiple contests without having to individually bet every game or match. Why Bet ParlaysĪs you can see from the above example, payouts can be lucrative. The results field will immediately show that the four-team parlay would win $1,692.78 on a successful $50 wager. For this NBA betting parlay you would fill out four spots with odds of -110, +140, -108 and +295. Ignore the point spread when using the parlay calculator.

The individual odds would look like this: Let’s say you wanted to use the parlay calculator to view the payout on a $50, four-team NFL parlay with both moneyline and spread wagers. Just click the plus symbol when entering betting odds to generate another spot. You can enter as many wagers as you want. Then enter the amount you’d like to risk in the bet amount. To use the parlay calculator, select parlay bets and enter your preferred odds format. It’s easy to run and can instantly convert fractions or decimals into more familiar American betting odds. Our betting calculator can be used for single bets or parlays.

Moneyline calculator parlay