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. If the parlay is to win, each of the bets must win. If one happens to lose, then the whole bet ends up in a loss, regardless of the outcome of all the other games.

Parlay Calculator To use this calculator, enter a bet amount and the odds on every leg of the parlay, up to 15 legs. For even money, put in 100 or -100. Do not enter anything other.

DraftKings Parlay Calculator. Build, calculate, and analyze DraftKings sportsbook parlay bets. Pick Your Sportsbook. Lose By 3 Pts Or Win (-108) Add to Parlay. Vs Over 56 Total Points (-109) Add to Parlay. Vs Under 56 Total Points (-112). Parlay Calculator Parlay calculator will determine what the payout should be on a sports betting wager. Knowing the odds for the parlay know how much money you will win.-How to use the Parlay Calculator: Enter the price, you do not have to enter the plus sign. ( Enter favorite prices with the minus sign Example (-110) ) Do not enter a factor. A parlay is a single bet that links together two or more individual wagers for a high payout. For Fixed Odds Parlay, where the Standard Money Line is '-110', a 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, a five team parlay might pay 20/1 and a six team parlay might pay 40/1 and so forth, with the payouts getting higher with more teams.

How Do Other Results Affect Parlay Results?

There are other results that can affect the parlay results such as:

• A tie
• Game postponement
• Cancellation
• An incomplete game
• Rescheduling.

As long as there is no loss, the wagers typically revert to the next lowest number.

How to Use a Betting Odds Calculator

There are different options of the calculator found online. A majority is available free of charge. An example of a simple one is shown in the table below.

Wager Amount

Payout $0

When using a parlay odds calculator like the one above, all you need to do is enter the correct figure of odds in the table. In most cases, you are only allowed to enter numbers and nothing else.

From here, you will be required to type in the money lines for each bet you place as well as the total amount you would like to wager. Once everything is in place, just hit the calculate button. The payout field will give you the results of the amount that you will end up getting if each of the parlay games wins. If there are other parlay odds that you would like to calculate, just click on the reset all button and start the process all over again.

There are some calculators that will give you choices on how to display all the odds such as:

• Decimal odds
• American odds
• Fractional odds.

It can be very confusing trying to calculate parlay payouts on your own mainly because you are dealing with multiple teams. There is no need trying to wreck your brain over this because you can simply use the beneficial calculators that will give you the total to expect in no time. Armed with these results, you can confidently head over to your preferred sportsbook to place a parlay bet.

Teaser bets are a very popular sports bet. Especially in football and basketball, because a football teaser bet allows you to adjust the point spread in your favor. Teasers allow you to have an advantageous point spread while selecting 2 to 8 teams or more depending on the sportsbook. You may tease a side or a total of a football game and also cross sports by teasing football games with basketball games.A teaser bet is kind of like a parlay, but you are buying points in your favor as it relates to the point spread. For instance, let's say that you wanted a three team 4 point teaser for Sunday's football games.

• Let's say that you picked these three teams to win:
• Washington Redskins to win
• Pittsburgh Steelers to win
• Detroit Lions to win

Vegas Parlay Calculator

Now let's say that all three of these teams were 6 point underdogs. So, in the three team, 4 point teaser, you would get an extra 4 points in each game, meaning that instead of a 6 point spread, it would be a ten point spread. A teaser bet is a lot like a parlay bet, all of the games you picked must win in order for you to win. As well because you are 'buying' points, the win return is smaller.
Use our Teaser Calculator to determine the outcome of any particular teaser combination. Our Teaser Calculator allows you to select up to 12 teams in a teaser bet.