how much of a payout would this parlay be if...

gilbert91016 · 12-10-12, 01:22 AM

You will get $3957.49

gilbert91016 · 12-10-12, 01:25 AM

Lol. You should get 1041.31

sourtwist · 12-10-12, 01:25 AM

thank you, how do you come to that conclusion? id like to know so i could learn to calculate for myself in the future.

gilbert91016 · 12-10-12, 01:27 AM

I have no idea how I got 3957.49

tto827 · 12-10-12, 01:36 AM

Originally posted by sourtwist

thank you, how do you come to that conclusion? id like to know so i could learn to calculate for myself in the future.

Convert to decimal odds, multiply all bets. Boom.

sourtwist · 12-10-12, 01:40 AM

Originally posted by tto827

Convert to decimal odds, multiply all bets. Boom.

can you be more specific please, id like to have a true example rather than guess whether im doing it right. thanks

gilbert91016 · 12-10-12, 01:40 AM

Or just google parlay calculator.

tto827 · 12-10-12, 01:45 AM

Originally posted by sourtwist

can you be more specific please, id like to have a true example rather than guess whether im doing it right. thanks

Three team parlay with teams A:-200 (1.5), B: -150 (1.75), and C:-110 (1.91)

Three teamer pays out A*B*C= 1.5*1.75*1.91
Two teamer with A*B= 1.5*1.75 etc. Lemme know if that doesn't quite clear it up.

gilbert91016 · 12-10-12, 01:53 AM

Here is how you can calculate a "True Odds" Parlay yourself.

Let's say we want a parlay with the following teams:
New York Giants -150
Miami Dolphins +170
New York Rangers -120

First, we have to determine what the multipliers would be for each game, simply divide what the total payout would be (risk + win) by the risk amount

Giants - 150 to win 100, so the total payout would be $250
250/150 = 1.6666

Dolphins - 100 to win 170, so the total payout would be $270
270/100 = 2.7

Rangers - 120 to win 100, so the total payout would be $220
220/120 = 1.8333

Now that we have the multipliers, we multiply them together to come up with the True odds of the parlay.
1.6666 x 2.7 x 1.8333 = 8.2495

The return on your parlay would be about 8.25 this includes the risk amount so your profit would be approximately 7.25 for every dollar you risk on the above parlay.

Seaweed · 12-10-12, 01:59 AM

Originally posted by gilbert91016

Here is how you can calculate a "True Odds" Parlay yourself.

Let's say we want a parlay with the following teams:
New York Giants -150
Miami Dolphins +170
New York Rangers -120

First, we have to determine what the multipliers would be for each game, simply divide what the total payout would be (risk + win) by the risk amount

Giants - 150 to win 100, so the total payout would be $250
250/150 = 1.6666

Dolphins - 100 to win 170, so the total payout would be $270
270/100 = 2.7

Rangers - 120 to win 100, so the total payout would be $220
220/120 = 1.8333

Now that we have the multipliers, we multiply them together to come up with the True odds of the parlay.
1.6666 x 2.7 x 1.8333 = 8.2495

The return on your parlay would be about 8.25 this includes the risk amount so your profit would be approximately 7.25 for every dollar you risk on the above parlay.

You're cooking what for dinner?

gilbert91016 · 12-10-12, 02:02 AM

Originally posted by Seaweed

You're cooking what for dinner?

Lmfao That's the first article I found online

sourtwist · 12-10-12, 08:00 AM

Thank you gentlemen