How to calculate mixed parlay multiplier?

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  • ike2010
    SBR Rookie
    • 02-09-10
    • 1

    #1
    How to calculate mixed parlay multiplier?
    Greetings. First post here. I'm trying to find the formula for calculating mixed parlay odds. By mixed, I mean picking two money lines and one spread. For example:

    X = - lines, Y = + lines

    ((X + 100)/X)*((Y + 100)/100)..... = multiplier

    76ers -300 (money line)
    Rockets +175 (money line)
    Cavaliers -16 (-16-110) (spread)

    ((-300 + 100)/-300) * ((175 + 100)/100) * ? = multiplier

    It is simple if I'm only picking money lines, but the spread throws things off. Any input is appreciated. Thanks.
  • smitch124
    SBR Posting Legend
    • 05-19-08
    • 12566

    #2
    Just treat the spread as a -110 ML
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    • sharpcat
      Restricted User
      • 12-19-09
      • 4516

      #3
      (play 1 profit or loss x % of occurrence) + ( Play 2 profit or loss x % of occurrence) = ( both losses x % of occurrence) =

      so it would look like this if all 3 were 33.3% at $100

      (+54.55 x .33) + (+325 x .33) + ( -200 x .33) =
      18.05 + 107.25 + -66 = +59.30 EV

      of course the cavaliers losing the spread should be more like 50% so it would be

      (+54.55 x .25) + (+325 x .25) + (-200 x .50) =
      13.64 + 81.25 + -100 = -15.11 EV
      Comment
      • pokernut9999
        SBR Posting Legend
        • 07-25-07
        • 12757

        #4
        Use the parlay calculators.
        Comment
        • sharpcat
          Restricted User
          • 12-19-09
          • 4516

          #5
          sorry just realized this play had four out comes, just simply add in the outcome $$$ x % of occurrence of this out come also.
          Comment
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