How To Use the PFSN Parlay Calculator
PFSN’s FREE Parlay Calculator allows you to build your parlay for as many different legs as you want, and our calculator will do the math for you. The calculator is simple to use, as you just add the odds of each leg of your potential parlay into the boxes, and the calculator will tell you the odds for that parlay. You can also add a stake, and the calculator will tell you both the potential winnings and the total payout you would receive if all of the legs of the parlay win.
Why Use a Parlay Calculator?
When considering making a parlay, it’s essential to understand the odds and the potential payout before placing your bet. By knowing this information, you can decide whether the potential return on investment is worth it before placing the bet with a sportsbook.
FAQ
What is a Parlay?
A parlay is when at least two bets are linked together in a single wager. Each bet, also known as a “leg” in a parlay, has to win for your parlay to cash. The more legs you add to a parlay, the greater the payout if you win.
Should I Bet Parlays?
Parlays are very risky, so you should only bet them at your own risk. Every bet in your parlay needs to win to cash, so if you’re betting a parlay, you should carefully consider how many legs you want to add to it. Don’t fall into the trap of a high payout by adding a ton of legs, and keep it to four or fewer.
The upside of a parlay is certainly enticing, as the returns on a parlay are higher than placing each leg as an individual bet. However, they are an all-or-nothing proposition. For example, if you were to place four individual -110 wagers and three of them win, you would make a small profit, but if you do a four-leg parlay and only three of them win, you lose your entire stake and have nothing to show for it.