Football betting is one of the most popular forms of sports betting today, attracting many players. So what are parlay bets? How to calculate odds? In the following analysis, 20Bet will help you better understand this issue.
Explain what parlay bet is?
Parlay bets are the most attractive form of football betting today because of their highly high payout ratio. However, when participating in the parlay bet, the player must choose at least three tables. You will indeed receive a beautiful reward value if you are lucky enough to smile.
Parlay bets are considered a difficult form of betting, and the odds of winning are not high. However, for experienced players, this is an extremely attractive football bet.
Parlay bets are also known by basic names such as parlay bets, pool bets, mixed bets, or line bets.
Explain what parlay bet is?
This is a form of football betting that includes many rafters in a pull code, and it is quite similar to playing skewers in the lottery.
Parlay bet is a series of single markets combined, so the winning rate is quite low. Although the winning rate is low, the reward value is high, so it is beautiful for players to participate.
How do you calculate parlay results?
When playing parlay bets, there are only cases of winning or losing, not cases of drawing or winning half the money or losing half the money.
When playing parlay bets, you have lost the whole bet if you only need to lose one bet.
If the player wins all the dice, then the player will win, and the reward value will be calculated according to the formula by the bet amount multiplied by the payout ratio offered by the house.
If the single markets in the parlay bet win or lose half the money, the parlay calculation formula will be determined as follows:
- If you tie, the dealer will return your bet amount. At this time, the house will apply the odds equal to 1.
- If there is a single bet and you lose half of your money, then in the parlay formula, you will apply the odds of ½.
- If you win half of the amount, inside the calculation formula, you will apply: 1+ (odds ratio -1)/2
- Experience playing parlays easily to win
- After learning what parlay bets are, in the following content, we will share the experience of playing parlay from the house experts as follows:
Monitor the team’s ability and play style
You need to update information related to the match, such as players, lineups, and conditions of participation in the game, to assess whether the odds offered by the house are reasonable or not. Are they not? Then calculate and choose a reasonable door to play.
Find out more about the bets that you intend to catch
When playing parlay bets, you need to calculate the bets carefully you intend to play. Then calculate the odds for each small bet to be able to catch the most effective bet. Thus, the chances of winning the parlay bet will be much higher.
Choose a match with a high win rate to bet on
Holding too many skewers is considered a no-no for inexperienced players. Because the difficulty of the bet will increase a lot when you choose multiple single bets, you should choose matches that are sure to have a high win rate before deciding to bet on a parlay.
Above is some information related to learning what parlay bets are? We hope that our data has helped you better understand this issue.