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Favorites must have a minus in front of line, such as , , etc. Don't enter anything into factor boxes. That is the math portion that the calculator figures out on its own. Click, calculate parlay to display the net win amount. The net is the total amount returned for a winning bet, which is the actual bet amount plus winnings. Looking for sports picks to parlay with your bookmaker? Check out Maddux's Daily Picks Page for free and premium winning sports selections.
We have plenty of sports betting information at madduxsports. Read up on all you can so you have the greatest advantage over the bookmaker this season! We have recently started to offer tennis, nascar, and golf wagering guides so we are currently working on writing up more articles on those small market sports and will include them to this section.
Sports Picks on basketball, football, and baseball! For years the sports handicappers at Maddux Sports have been making money for us and our clients betting the strongest sports picks on the Internet.
Maddux Sports feels that in this industry the best sports handicappers can charge less for their picks than the big name scamdicappers. Using this option, the payout is greater and the risk is less, but you need all teams selected to win. That bet will be taken out of the parlay and the payout will be reduced as if there were one fewer team in the parlay. So if you had a 4 team parlay and you got three picks cocrrect and the other was a push, you would be paid out the odds of a 3 team parlay.
Parlay bets can be very tempting as they can offer some big payouts. See a recent parlay Kevin made at 5Dimes. There is a general misconception in sports betting that all parlays are sucker bets. This is simply because most sports bettors are not familiar with how they work, or how to bet them properly.
The potential win is as follows:. The reason parlays are often sucker bets shows up in this middle column. Essentially, a parlay is no different than betting all in each time, only parlays generally pay much worse. Two teams pay a smidgen worse than the manual parlay all in each time option, where three team parlays pay a smidgen better. Rarely ever is a 2 or 3 team parlay a true suckers bet.
As I mentioned earlier, fixed parlay odds vary greatly between online sportsbooks. Here is some info on which sites offer the best fixed parlay odds:. This is the area where betting sites generally hurt the sports bettor, paying only 10 to 1, which gives them a This can be avoided when betting at Bookmaker. Generally speaking, parlaying 5 teams or more teams is not a good idea; however, for sports gamblers looking for a lotto ticket, 5dimes.
How much does a 15 team parlay pay? Good luck hitting on that! To calculate true odd parlays, each bet first needs to be converted into a multiplier. To do this, take what a winning ticket would return and divide it by the amount risked.
A trick of the trade here is to include one bet that is priced differently than in order to force the bookmaker to use true odds. A true parlay calculates by multiplying each modifier together. The math is 1. This bet returns Notice this is significantly better than the fixed odds payout of 1 to win on an 8 team parlay. In short, the trick of the trade when dealing with poor fixed odds is to simply add one team to the parlay that is priced differently than the standard As you can now see, if you know how to bet parlays properly, they are not always sucker bets.
There are, however, a few reasons that parlays are generally not a good move. Professional bettors make wagers based on their quantified edge per game.