Sports Parlay Calculator
How does the arbitrage calculator work?
- Sports Bet Parlay Calculator
- Maddux Sports Parlay Calculator
- Sports Betting Parlay Calculator
- Sports Odds Parlay Calculator
- Doc Sports Parlay Calculator
A teaser bet is a lot like a parlay bet, all of the games you picked must win in order for you to win. As well because you are 'buying' points, the win return is smaller. Use our Teaser Calculator to determine the outcome of any particular teaser combination. Our Teaser Calculator allows you to select up to 12 teams in a teaser bet. Parlay Calculator Parlay calculator will determine what the payout should be on a sports betting wager. Knowing the odds for the parlay know how much money you will win.-How to use the Parlay Calculator: Enter the price, you do not have to enter the plus sign. ( Enter favorite prices with the minus sign Example (-110) ) Do not enter a factor.
Our arbitrage calculator allows you to enter the odds of two (or more) different bets to determine how much you should stake on each to guarantee a profit.
Use the Arbitrage Calculator here
Enter Odds & Stake
Sports Bet Parlay Calculator
Stake
Stake Bet 1
Stake Bet 2
Payout
Payout Bet 1
Payout Bet 2
What is an arbitrage bet?
An arbitrage (or arb for short) also known as 'surebets', 'surewins' and 'miraclebets' are bet types whereby a bettor wagers on a series of events that guarantees a profit no matter the outcome of a given event, or at worst, guarantees that no money can be lost but money can still be won depending on the result of an event.
Arbitrage bets work by taking advantage of discrepancy in prices of the same event with different Sportsbooks in a way that can ensure the bettor can't lose money no matter the outcome of the event.
What is a sports arbitrage betting example?
Arbitrage opportunities can pop-up in betting markets for a variety of reasons, most commonly being a disagreement in Sportsbook opinions on a certain event.
Maddux Sports Parlay Calculator
For example, say an NBA game was being played between the Houston Rockets and the Cleveland Cavaliers. 'Sportsbook A' may open up their market at:
Houston Rockets $1.50 (e.g -200)
Cleveland Cavaliers $2.50 (e.g +150)
And 'Sportsbook B' may open up their market at:
Sports Betting Parlay Calculator
Houston Rockets $1.80 (e.g -125)
Cleveland Cavaliers $2.20 (e.g +120)
You can see here, that there a discrepancy in the odds, or a disagreement between the sportsbooks over the winning chances of each team. In this scenario, the bettor could place $55.55 on the Houston Rockets with Sportsbook B, to receive a payout of $100 if Houston win and the bettor can place $40.00 on the Cleveland Cavaliers with Sportsbook A, to also receive a payout of $100 if Cleveland win.
In this scenario, no matter who wins the game, the bettor has outlaid $95.55, but will receive back $100 no matter what the outcome. This a sports betting arbitrage, an opportunity to guarantee yourself a profit no matter the result (e.g + to your bankroll!)
What are the risks associated with arbitrage betting?
Arbitrage betting can be very profitable as long as you demonstrate patience and capitalise on the many opportunities that arise every day. Where you can lose big amounts with online Sportsbooks is if you outlay large sums on a bet that potentially could be a sportsbook error. That is, imagine there is a bet that is $51 when it should be $1.01 and all other Sportsbooks have it as $1.01. You may then feel the urge to place an arbitrage on the $51 and their opponent at big odds as well on another Sportbook, and outlay large amounts assuming you are in for a massive payday. That is until the Sportsbook cancels the market that had an error (Sportsbooks may be able to do this even after the event has started, read their terms and conditions). You are then stuck in a situation where you have a large amount of money on a huge underdog. Stick to non-error arbitrage opportunties where there is generally a 1-5% guaranteed return. You can however place single bets on the sportsbook errors, because if they get cancelled, you get your money back.
Calculates parlay payouts based on your bet. Parlay Calculator is a handy and reliable application designed to calculate winnings for various sports bets.All you have to do is enter the bet amount, together with the odds and the application will instantly compute the parlay payout.
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