Mix Parlay Betting
Mix Parlay betting is also popular with sportsbook operators because they’re very difficult to win and that makes them profitable. In the Sportsbook Gambling game, now many gambling players are trying to play by betting on the type of double bet or commonly known as mix parlay. The parlay mix itself is very much loved by these Sportsbook players due to the multiplication of very large betting prizes and high percentage of pay but only using a small main capital.
Mix parlay betting is most commonly available for popular sports including football, basketball and baseball.
PLACING A PARLAY BET
There are a few ways you can go about figuring what you will win on a parlay. The first and simplest method is to bet online. Online sites will calculate your potential payout in real time as you add games and bets to your parlay slip.
They’ll let you see exactly what you stand to win before you even make your bet. This is hands down the easiest way to play with parlays and see what you want to bet.
The second easiest way to calculate parlay payouts is to use an online calculator. You can input the different lines, and the calculators will spit out the amount you stand to win from correct picks.
Remember to check that the calculator is giving you just profit or is giving you the total money the sportsbook will give you back. The first will be purely profit and the second will include your bet.
The third method for calculating parlay payouts is to look at the parlay payout chart provided by the sportsbook. Most sportsbooks aren’t going to pay out exactly the true odds on a parlay (a little more in their favor), so this is the most accurate way to see what you will get. Most online sportsbooks are going to offer similar payouts on parlays, but they may vary slightly.
Remember, if you lose one bet on your parlay, you lose the entire parlay.
How do calculate odds and winnings for a mix parlay bet?
The final odds for a mix parlay bet is determined by multiplying the individual odds for each selection.
As an example, if you make a mix parlay bet on the following bet selections with the listed odds and a stake of $100.
- Match A: 1.95
- Match B: 2.55
- Match C: 1.90
- Match D: 3.30
|Odds * Odds * Stake = Payout|
|(1.95 x 2.55 x 1.90 x 3.30 ) x $100 = $3117.757|