• Sports Betting Calculator Parlay Picks
• Sports Betting Calculator Parlay Bet
• Sports Betting Calculator Parlay Numbers

Parlay Calculator If you landed here most likely you already know that a parlay is a cumlative series of bets in which winnings accure from each winning bet to the next bet. In other words, a series of two or more wagers made in advance that the orginal stake plus it's winnnigs are risked on the successive bet. A parlay can combine different bet types across a range of markets as long as they are not conditional (such as Team A to Win the 1st Quarter and Team A to clear the 1st Quarter Spread). How does the parlay calculator work? Our parlay calculator quickly calculates the total odds for your parlay. 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. 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.

How to use the DonBest.com Parlay Calculator

In the boxes under 'Odds' enter the moneyline odds of each game in your parlay.

If you choose a favorite, you must enter the moneyline with a minus (-) sign at the beginning (e.g. -120). Note: Most standard pointspread and total wagers have -110 moneyline odds.

If you choose an underdog, simply enter the moneyline odds; no plus sign (+) is necessary (e.g. 120).

Do not include decimal points.

Ignore the boxes that are not included in your parlay (leave '0' in each box; they will not be factored into the parlay).

Sports Betting Calculator Parlay Picks

Enter the amount of your wager in the box next to 'Amount($)' and click on 'Calculate'. The amount of a winning parlay wager will appear in the box next to 'Payout'. Note: The 'Payout' does not include the amount wagered.

Sports Betting Calculator Parlay Bet

To calculate another parlay, click 'Clear' and start again.

Sports Betting Calculator Parlay Numbers

Good luck!