3 Team Parlay Payout Calculator

4/12/2022by admin

A parlay calculator is also known as an accumulator in the United Kingdom. Parlay refers to a single bet whose actual value is determined by two or more concealed bets. What it does to achieve that outcome is it links two or more individual wagers together for a much higher parlay payout. The chances of higher payouts go up when players start to link more bets and teams together. However, risks also go up simultaneously for if even one team loses, then the entire parlay is lost.

In the years before the invention of a parlay calculator players had to rely on bookies of different street corners. The work that the bookies did is now being done by faster, more accurate, and more efficient parlay calculators which calculate payouts and premiums at a much quicker pace and accept even decimal odds.

How to Use a Parlay Calculator

At the very bottom of the page you’ll find a calculator that you can use to see what your payout would be on any amount for a parlay of up to six teams (note that the odds used for the calculator are “typical” and not adjusted for the 5Dimes Friday Special). Typical Parlay Odds. 2 Team Parlay: 13-5 odds. 3 Team Parlay: 6-1. Payouts on a 2 team parlay are standard throughout the industry at 13/5. Sportsbooks will pay $2.64 for every $1.00 wagered.

To use a parlay odds calculator all one needs to do is put in their money line odds of the game they are going for and follow these steps:

  • The odds calculator can be found under the box labelled “Odds”. Opting for a favourite team, the money line must be entered with a (-) symbol. Almost all parlay calculators have a maximum of-110 money line odds.
  • If the player is not opting for a favourite team, then logic dictates the (+) be used, but that is not necessary. In the parlay world, all teams other than favourite ones are known as ‘Underdogs’.
  • After inputting all the bets in their respective boxes, the player has to put in the total amount wagered in the box labelled so and press on ‘Calculate’ for the betting odds calculator to jump into action.

Some calculators do not, however, compute decimal points so the terms and conditions should be given a thorough reading once. If any team withdraws from the parlay, then the bet switches to the lower number. For example, if the parlay started with 4 teams and any one team had to withdraw for whatever reason, then the total number of teams will automatically get reduced to 3.

It is important to keep one critical aspect into consideration. For the parlay bet to win every single bet or wager must win. If anyone wager loses, the entire parlay bet will be as good as lost. The risks here are indeed very high, but the rewards are even higher.

Free Parlay Calculator and Parlay Odds:
A parlay is ONE single bet that combines TWO or more individual bets that result in higher payouts. TWO team parlays should pay 2.6/1 at standard -110 betting odds, THREE team parlays 6/1, and FOUR team parlays 10/1; increasing with higher payouts the more sides and/or totals you select for your parlay bet.

3 Team Parlay Payout Calculator Chart

HowBecause a parlay is considered ONE single bet combining TWO or more individual wagers, for your parlay bet to win, EVERY ONE of the sides or totals incorporated in your parlay bet must win or push (tie) for you to cash your investment. If any of the selections LOSE, your parlay bet loses, regardless of the outcome or cancellation of the other games. If one or more selections end in a tie, is postponed, incomplete, cancelled or rescheduled for another day, then the parlay bet reverts to the next lowest number. For example: if you placed a FIVE-team parlay and have 4 winners and a push (tie), your parlay bet pays out as a FOUR-team parlay. If you place a TWO-team parlay and one of the teams wins and one ties, the wager simply becomes a straight bet.

3 Team Parlay Payout Calculator 2019

In the boxes beside “LEG” enter the money line odds of each game you want to incorporate in your parlay bet. If you choose a favorite, you must enter the money line with a (-) sign at the beginning (EX: -125). NOTE: Most standard point spread sports and total wagers have a standard -110 money line odds. If you enter an underdog, simply enter the money line odds; no plus sign (+) is necessary (EX: 125). NEVER include decimal points or ANY currency signs. Ignore 3 team parlay payout calculator resultsALL boxes not being used in your parlay (leave '0' in each box; they will not be factored into the parlay).

3 Team Parlay Payout Calculator Rules


Enter the amount of your wager in the box labeled “BET AMOUNT” and click on the blue 'CALCULATE' button. The profit amount of a winning parlay bet will appear below in the “

4 Team Parlay Calculator

TO WIN” box. The 'TO RETURN” box includes the total amount of money your sports book gives you back INCLUDING your initial risk amount.
Be aware that if the odds on every '

3 Team Teaser Payout

LEG

Parlay Payout Table

' are -110, then the sports book will likely use a predetermined pay table, which seems to always pay worse than if a direct calculation is made, except on 3-leg parlays.

3 Team Parlay Payout Calculator Results


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