📉 No Partial Wins: Every parlay bettor knows the feeling of hitting on multiple individual bets, only to have their parlay lose because of one or two legs.

While this is the name of the game with parlays, casual bettors and even veterans might get tired of watching their wagers lose time and time again. Creating a single bet out of multiple wagers drastically decreases your chances of winning your bet.

📉 Lower Probability of Winning: High odds are great for winning stacks of cash without a huge investment, but they also mean that your bet will be more likely to lose.

The odds of your parlay wagers winning are low, and you can't always create your parlay bet exactly how you want it. While parlays bring some unique advantages, they can also carry frustrations for sports bettors. With a parlay that has high odds, you could see a parlay payout of thousands of dollars after a wager of only a few dollars! Not only can you win higher payouts, but you also only need to invest a small bet to potentially win big.

📈 Smaller Investments: High odds bring two distinct benefits.

Now imagine you've already hit on 3 legs of a 4-leg moneyline parlay bet and you are watching the final minutes of a close game on your last leg-now THAT'S excitement!

📈 Increased Excitement: Sports betting can make watching games a lot more fun.

Because parlay odds tend to be so high, you can see huge payouts if all your individual bets win.

📈 Higher Potential Payouts: When it comes down to it, sports betting is all about winning money.

Becuase of the higher odds, your parlay payout can be huge compared to your investment. Parlay bets offer some unique advantages that separate them from individual wagers placed by sports bettors.

✅ Subtract your stake to see the parlay odds.

✅ Multiply this number by the amount of money you are betting.

✅ Multiply the decimal odds of each bet together.

✅ Convert American odds of each bet to decimal odds.

Here's a step by step guide to calculating parlay odds: It's a good idea to know how to calculate your parlay odds so you can determine whether the line offered by the sportsbook is fair. Unique user identity verification required.

Bonus issued in non-withdrawable bonus bets that expires 30 days after FanDuel accepts its first real money sports wager in KY (“9/28”).

Baseball moneyline parlay system