■Parlay Calculator | Betting Tools – SBRpicks.com Page


Parlay Calculator | Betting Tools – SBRpicks.com

A parlay (frequently known as an accumulator in the UK) is one bet whose outcome is decided by two or more inherent bets. Every one of the inherent bets must win for the parlay to win. If any of those inherent bets lose, the entire parlay is graded as a reduction (if an underlying bet compels then the parlay is treated as though the pushed leg existed – so a 4-team parlay would become a 3-team, a 3-team a 2-team, and a 2-team a single bet). Parlays offer a bettor a higher possible return for greater risk. In the united kingdom and Ireland 2-team parlays are known as doubles, and 3-team parlays are known as trebles. (Non-parlay bets are called singles, highlighting the fact that those”normal” stakes are really just one-team parlays.)

Back in the old times of street-corner gambling, building a bet sometimes be a difficult process as it might require physically locating the bookie so as to create a bet. In order to partially overcome this problem a player could tell his bookie,”Place $2 on the Brooklyn Dodgers at even odds and if that bet wins it all on tomorrow’s New York Highlanders game at 2/1.” (In this case the participant will be devoting $2 on Brooklyn. IIf that wager won he would have $4 which he would then be risking at 2/1 chances on New York. If that bet won he’d have $12 of that $2 represented his first stake and $10 represented his winnings. If either bet lost, he’d be left with nothing.) This way, the player would not have to wait and see if his first bet won to choose if he could manage to place money on the next bet. It didn’t take long, but for bookies to find out that the matches a participant wanted to parlay did not necessarily need to occur sequentially and could in reality take place concurrently. It didn’t matter which wager was graded at first the result was the same. If some of the underlying bets lost, the entire parlay was rated as a loss, and when all the bets won, the entire parlay was rated as a triumph.
This calculator determines parlay payouts in addition to related premiums awarded a set of underlying bet chances.
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