How to Use Our Parlay Calculator
This matchup report includes odds, betting trends and a free pick against the spread. Milwaukee Bucks vs Cleveland Cavaliers Prediction, 2/5/2021 NBA Pick, Tips and Odds by Parlay's Pundit - 2/4/2021. NBA Two Team Parlay - Friday 2/5/21 - NBA Betting Picks & Predictions The NBA season is underway and we have all your betting needs covered. Picks & Parlays experts Ali Burns and Sean Higgs have the Free Betting Pick and Prediction in this parlay for Jazz at Hornets and Wizards at Bulls. Parlays are also sometimes known as accumulators, combo bets and multi-bets. Parlays increase the amount of money paid out for a winning bet, but it also worsens the odds. A parlay will typically contain 2-10 separate bets together, and as a general rule, the more bets included, the higher the return.
Our betting calculator can be used for single bets or parlays. It’s easy to run and can instantly convert fractions or decimals into more familiar American betting odds. To use the parlay calculator, select parlay bets and enter your preferred odds format. Then enter the amount you’d like to risk in the bet amount.
You can enter as many wagers as you want. Just click the plus symbol when entering betting odds to generate another spot. Let’s say you wanted to use the parlay calculator to view the payout on a $50, four-team NBA parlay with both moneyline and spread wagers. The individual odds would look like this:
Los Angeles Clippers -10, (-110)
Orlando Magic moneyline (+140)
Parlays allow you the chance to use the same free play more than once, because a parlay really is only a wager that continues to place stake+win on the next selection. Remember, fixed odd three team parlays pay a little better than true odds. There are also plenty of free parlay odds calculators that you can use to figure out parlay odds using American odds, fractional odds, or decimal odds. Step 1: Convert American Odds into Decimal Odds. For those who want to calculate their parlay odds by themselves, the easiest way begins with converting American odds into decimal odds. Use the following formula for “+” odds.
Philadelphia 76ers -9 (-108)
Phoenix Suns moneyline (+295)
Ignore the point spread when using the parlay calculator. For this NBA betting parlay you would fill out four spots with odds of -110, +140, -108 and +295. The results field will immediately show that the four-team parlay would win $1,692.78 on a successful $50 wager.
Why Bet Parlays
As you can see from the above example, payouts can be lucrative. Parlays give bettors the chance to get action on multiple contests without having to individually bet every game or match. They’re also customizable. You can put $10 on an eight-team parlay or $100 on a two-team parlay. Big moneyline parlays can lead to four and five-figure payouts on relatively small wagers. Something like a two-team parlay provides the chance to string your two favorite bets of the night together for a bigger profit.
If entertainment is what you’re after with the online sportsbooks, parlays offer the best bang for your buck. 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.
Bettors can also hedge out of parlays to guarantee a profit in the later stages. 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. Choosing when and if to pull the trigger on a hedge is all part of the parlay betting experience.
Single Bet vs Parlay Bets
Single bets are a one-shot deal. You risk $110 to win $100 on most point spread bets and wait for the result. Parlays drastically improve the odds by stringing bets together, as well as increase the risk. All four games in a four-team parlay must hit for the bet to pay out. But hitting a four-team parlay brings rewards. Correctly betting four -110 games straight up would mean a profit of $400 on four $110 wagers. A four-team parlay would net a bettor $1,228 on a $100 wager. If you’re feeling extremely confident about multiple wagers, a parlay might be the best way to go.
RELATED: Check out our betting odds calculator to calculate payouts and convert odds.
How to Calculate Parlay Odds
Things can get a little hairy with multiple wagers and different odds formats. Our free parlay calculator does the math instantly. Even serious numbers gurus can use it to check their work or compare odds based on the standard parlay betting formula, which uses several steps.
Step 1: Convert Betting Odds
It’s easiest to convert American odds into decimal odds in order to calculate parlay payouts. Our single-bet calculator will do all the work for you. Simply enter American odds such as +140 into the calculator and it will automatically convert to 2.4.
Step 2: Use the Parlay Formula
The actual formula works like this:
(140/100) +1 = 1.4
1.4 +1 = 2.4
Convert the odds for each game of the parlay into decimal format like above. A three-game parlay with American odds of +140, -110 and -160 would have decimal odds of 2.4, 1.909 and 1.625. Multiply all three to get the decimal odds for the entire parlay, like so:
2.4 X 1.909 X 1.625 = 7.44
Step 3: Calculate Total Parlay Payout
Multiply your planned wager by 7.44 to see the payout. A $100 wager, for example, would pay $744 total on the above three-team parlay. You can use the same formula for any number of games or odds type.
Using Our Calculator to Make Sports Betting Decisions
Our parlay bet calculator can be used to convert odds and view potential payouts. But it’s really a tool to help bettors make smart choices. If you are thinking about wagering on three games, you can instantly view the risk/reward of parlaying the three or betting them straight up. The hard numbers let bettors make their own decisions on value and bankroll management without the guesswork.
The parlay calculator is just one of the many resources available at Bookies.com. After consulting our free expert NBA picks or NFL picks and finding the best value on point spreads at various online sportsbooks, the odds calculator offers a quick summary of the numbers to bring it all home and help savvy sports bettors make consistently profitable online gambling decisions.
The NFL Divisional Round slate features the future of the quarterback position in the AFC with the reigning MVP, a former MVP, the 2018 No. 1 overall pick and a 2020 MVP candidate while the NFC has three future Hall of Fame QBs and a generational defensive force taking the field. Let’s make this NFL weekend even sweeter by cashing a three-bet parlay. Below, we make our NFL Divisional Round parlay predictions.
NFL Divisional Round parlay picks and predictions
Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Friday at 3:50 p.m. ET.
Leg 1: Los Angeles Rams at Green Bay Packers: UNDER 45.5 (-110)
The Rams defense is all-world this season, ranking first in opponent’s points per game and yards per play, and sack rate. I don’t expect them to completely shut down the Packers like the Tampa Bay Buccaneers did earlier this season but I expect Los Angeles to minimize the damage QB Aaron Rodgers and Co. can do.
Also, Green Bay ranks first in net time of possession and Los Angeles second so both teams are good at controlling the flow of the game.
As for the Rams offense, I could give you rankings and metrics but let’s just settle on Los Angeles has the worst offense of all the remaining playoff teams. There’s no secret to the Rams’ recipe for a Super Bowl run. It’s 90% defense, 8% offense and 2% P Johnny Hekker.
Also see:Los Angeles Rams at Green Bay Packers odds, picks and prediction
Leg 2: Baltimore Ravens at Buffalo Bills: BUF Money line (-155)
Forgo 3 points with Buffalo’s spread and BET BILLS (-155) to win outright because we’re are still going to get a fat payout if our parlay cashes. These teams are the most evenly matched in the NFL Divisional Round Weekend.
Personally, I like the Bills here because they’ve played the most consistently in the NFL this season. Buffalo has the second-best cover percentage and best spread margin.
Naysayers will point to the Bills’ below-average rush defense as a reason to back the Ravens but my counter is Buffalo head coach Sean McDermott is a defensive tactician that will coach up his D vs. a one-dimensional Baltimore attack.
Most things being equal, I’ll take the home team with more momentum and circle the wagons with the Bills.
Also see:Baltimore Ravens at Buffalo Bills odds, picks and prediction
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Leg 3: Tampa Bay Buccaneers at New Orleans Saints: NOS ML (-165)
Copy and paste the same logic as the section above here. I’m more worried about landing this parlay plane than I am maxing out the payout.
New Orleans’ 38-3 Week 9 victory over Tampa Bay on Sunday Night Football was possibly the most lopsided outcome this season and Saints beat the Bucs by 11 in the first week of the season.
Tampa Bay’s defense is overrated hence its 10-7 Over/Under record. The Buccaneers allowed the Washington Football Team (with QB Taylor Heinicke making his second career start) to put up 23 points last week.
Coincidentally, the Saints’ two games against the Bucs and the NFC Wild Card Round are the only three games in which New Orleans has had all three of RB Alvin Kamara, QB Drew Brees and WR Michael Thomas in the lineup at the same time.
Free Parlay Odds Game
New Orleans has scored 31 or more points in its last four games against Tampa Bay and the Saints will roll the Bucs for a third straight game Sunday.
Also see:Tampa Bay Buccaneers at New Orleans Saints odds, picks and prediction
DIVISIONAL ROUND PARLAY Bet $100 to earn a profit of $404.24
Free Parlay Odds Calculator
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