The minus represents the favorite, while the plus symbol tells you which team is the underdog. These are the three most important elements to moneyline betting. In this case, the online casino has Liverpool to win the game at -4,000 and Leeds at +3,800.Īs you can see, odds are made up of a plus sign, minus sign, and numbers. Your favorite sportsbook offers similar odds on both sides, so it makes sense to bet on a Liverpool victory as they’re the better team. Say, for instance, you plan to bet on a soccer game involving Liverpool and Leeds United. By putting multiple moneyline bets together, you get the parlay bet. A moneyline bet is where the bettor chooses a specific outcome, like a win. The first thing to understand is single moneyline bets. There’s no need to be an expert at math to understand the ins and outs of a moneyline parlay calculator. Understanding The Parlay Bet – How to Calculate Your Profit There are some simple formulas to keep in mind when putting your parlay together, and we’ll go through them now. To do so, we recommend using a parlay calculator app or a website that offers a free parlay calc. You may be wondering how you can calculate a parlay or an accumulator yourself. Doing so will require that you wager more money and add more selections to win the big bucks, which actually decreases your chances of being rewarded a profitable return. With this information in mind, it’s usually not worth creating a parlay bet jam-packed with favorites. Even if you’ve chosen 15 bets and 14 of those end up winning, that single loss will prevent you from securing the win. To win a parlay bet, each of your selections must come good. Parlay bets are beneficial to bettors as they often save money and can be far more profitable than standard single bets, albeit with a greater risk of losing.
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