Parlay Calculator App
Posted : admin On 4/13/2022- 4 Team Parlay Calculator
- Simple Parlay Calculator
- 9 Team Parlay Calculator
- Parlay Calculator App Free
- Parlay Calculator App Math
- Ml Parlay Calculator
- Parlay Calculator App
Parlay Calculator 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. Parlay Payout Example: Let’s take a look at an example with a parlay that includes three bets. You plan on making a $50 wager. The first game you want to include in the parlay is Game 1 with a moneyline odd of -135, the second game is Game 2 with a moneyline odd of +155, and the third game is Game 3 with a moneyline odd of -220.
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Changelog
- Sep 15, 2019Installs 50,000+ installs
- Aug 8, 2019UpdateVersion 2.5
- Aug 5, 2019UpdateVersion 2.4
- Jul 12, 2019UpdateVersion 2.3
- May 11, 2015Installs10,000+ installs
- Jan 28, 2015Installs5,000+ installs
- Sep 22, 2014Installs1,000+ installs
- Sep 1, 2014Installs500+ installs
- Jul 31, 2014Installs100+ installs
- Jul 26, 2014Installs50+ installs
- Jul 14, 2014New AppVersion 1.0 in SPORTS for Free
Developer information
Caracas Venezuela
Description
Best Parlay Calculator. Quick and effective. Very easy to use, enter your achievement in the boxes, then enter the amount of your bet and press calculate. The total bet more profit and net profit will be displayed.Comments
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Use the free hedging calculator (arbitrage) below to find how much to wager to guarantee profits. You can also vary your hedge bet amount and see the resulting profit depending on the results.
Hedge Calculator Examples
There are many examples in sports betting where you may want to hedge (or arbitrage) your original bet. Using this hedging calculator simplifies the math for you. You no longer need to manually figure out how much you need to be laying on each side.
How to Hedge a Parlay Bet
Say you have a $5 bet on a five team NFL parlay:
- Detroit Lions -110
- New York Giants -110
- New England Patriots -110
- Dallas Cowboys -110
- Green Bay Packers -110
Using our parlay calculator, you would see that the parlay would return $126.80 at +2436 odds.
You have already won the Lions, Giants, Patriots, and Cowboys bets. The Green Bay Packers play the Chicago Bears on Monday Night Football and you have two options:
- Let the parlay ride and hope the Packers win
- Hedge your parlay and place a bet on the Chicago Bears (-110)
If you want to hedge the parlay, you would be on the Chicago Bears. Using the hedge calculator, you would plug in the following inputs:
4 Team Parlay Calculator
- Original Bet: $5
- Original Odds: +2436
- Hedge Odds: -110
The calculator shows that if you placed a $66.42 bet on the Chicago Bears at -110 then you would be guaranteed a profit of $55.38.
Simple Parlay Calculator
The Other Way to Hedge a Parlay
Using a round robin is another way to hedge a parlay. While this hedge doesn’t include betting on both sides of the game, it does mean that you don’t need every leg of your parlay to hit.
A round robin is simply a series of smaller parlay bets that create unique combinations of your original parlay. The odds aren’t quite as good for these bets, although they also have a higher likelihood of winning compared to a parlay.
9 Team Parlay Calculator
How to Hedge a Live Bet
Parlay Calculator App Free
Say you bet $10 on the New York Knicks moneyline against the Houston Rockets at odds of +350.
In the 2nd quarter, the Knicks are up 15 points and the Rockets have a live moneyline of -120. If you wanted to hedge your original Knicks bet, you could place a moneyline bet on the Rockets.
If you input these numbers into the hedge calculator, you will get a hedge bet amount of $24.55.
Parlay Calculator App Math
Placing a $10 bet on the Knicks at +350 and another bet of $24.55 on the Rockets at -120 would result in a guaranteed profit of $10.46.
Hedge Calculator Frequently Asked Questions
How do I use the hedge bet calculator?
Simply enter your original bet amount, original bet odds, and your hedge bet odds into the calculator. It will output the bet amount needed in order to guarantee a profit no matter the result of the game.
What if I don’t want a guaranteed profit?
You can use the bottom section of the calculator to vary the hedge bet amount. The box at the very bottom will show you your profit depending on which side of the bet wins.
What is the difference between hedging and arbitrage sports betting?
Ml Parlay Calculator
A hedge will decrease your risk while maintaining some amount of profit. Arbitrage (scalping) guarantees a profit no matter what the result of the bets are.