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Sports betting combination generator

What is parlay bet? Parlay bets are very popular, especially with novice bettors, as they have the potential for a high parley bet payout on a low bet amount since you get higher payouts than if you were to bet them individually as your bet accumulates like compound interest. The reason the parlay bet payout is high is because these bets lower your odds of winning. If any leg of the bet loses, you lose your original stake. If one pushes, the parlay bet payout gets reduced to the next lower number, so a 5 team parlay bet would become a 4 team parlay bet, a 4 team parlay bet becomes a 3 team parlay bet, a 3-team parlay bet becomes a 2-team parlay bet and a 2-team parlay bet gets converted to a straight bet.

The more bets you include, and the longer the odds on each bet, the more potential for your parlay bet payout Use the parlay calculator above to see the parlay payout work for the bets you are considering, and remember that the sportbook has a much bigger advantage when you place a parlay bet.

How do you calculate a parlay? This is the case of soccer games. In other cases, such as the American football, there are only 2 outcomes. The favorite team is required to win by more than the point spread. The outcome can be symbolized by 1. If the underdog loses by less than the point spread, Teams uses 0 as the outcome.

The software also calculates the winning chance for each case. For example, the chance to win an 8-game ticket in the American football is 1 in

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