For those unfamiliar with the concept, parlay betting allows you to combine multiple bets together in order to drastically increase the payouts. If you know what you’re doing, it can crank your excitement up to 11. While placing single bets every week is fun, a parlay bet can really be the cherry on top. However, it starts getting a little more complicated when it comes to a two-team parlay, three-team parlay, four-team parlay or higher! Why Make a Parlay Bet? You just need the odds, the bet amount and you can work out the entire parlay payouts quickly and easily.Ī single bet – or straight bet -is simple – you can work out what you will get pretty easily, in all different odds formats – especially Moneyline odds format. This is where a free parlay calculator comes in handy – you can work out your parlay payout with ease – without the need to register for a sportsbook account or sit there and do the math.
However, at first glance, it isn’t always easy to see how much your parlay bet will make you This can be a problem if you want to compare different bookmakers and see whether they are offering fair odds for the risk without having to register a new account and add your parlay picks onto a bet slip so it is worked out for you. Parlay bets are popular because this is a way to combine your bets to get even bigger rewards for your wager.
