– Rules and How to Calculate Parlay Bets in Football
If you’re new to football betting, you might be wondering: What exactly is parlay betting? How does it work, and how do you calculate your potential winnings from a parlay bet? These are common questions that beginners ask when they start exploring the exciting world of football betting. To help you understand accurate football prediction everything clearly about parlay bets, we have put together this detailed guide for you. Let’s dive in!
What Are the Rules of Parlay Betting?
The rules of parlay betting are quite straightforward. You are allowed to place bets on multiple matches or outcomes simultaneously. You then select the odds for each individual bet, which must be clearly displayed and transparent for verification at any time.
Once you have chosen your what is the most accurate nfl football prediction site desired bets, you enter the amount of money you want to wager, and the betting system will automatically calculate your total potential payout if all your selections win. Beginners can also customize their wager amounts according to their budget, as there is usually no minimum or maximum limit imposed by the bookmaker for each bet.
How to Calculate Parlay Bets Correctly in Football
The method for calculating parlay bets depends on the type of bet you choose. Below are the detailed explanations for the most common betting types:
Calculating Parlay Bets with Asian Handicap Odds
For Asian Handicap bets, the parlay odds calculation follows this formula:
Parlay Odd = Winning odds × [(Half-win odds – 1)/2] × ½ (half-loss odds) × 1 (draw odds) × ... For all bets included.
Here’s what each term means:
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Winning odds: The multiplier representing your profit from winning the bet.
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Half-win odds: If the bet is half won, the calculation is ((Odds–1)/2)+1((Odds – 1) / 2) + 1((Odds–1)/2)+1.
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Half-loss odds: If the bet is half lost, it is calculated as half the parlay odds.
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Draw odds: If the bet results in a draw, your profit remains the same (multiplied by 1).
Asian Handicap bets are one of the easiest types to calculate when dealing with parlay bets.
Calculating Parlay Bets with Over/Under (Total Goals)
The calculation for Over/Under bets is very similar to the Asian Handicap formula:
Parlay Odd = Winning odds × [(Half-win odds – 1)/2] × ½ (half-loss odds) × 1 (draw odds) × ... For all bets included.
The interpretation of each factor remains the same as in Asian Handicap bets.
Calculating Parlay Bets with European Odds
European odds are simpler to football prediction best app calculate when combined in a parlay bet. The formula is straightforward:
Parlay Odd = Odd 1 × Odd 2 × Odd 3 × ... × Odd n