3 wins = $260. The customer can choose from 3 to 6 teams in a round robin, from which a combination of two team parlay is done. The sportsbook will create 3 two-team parlay combinations, as follows: Lakers + Celtics Lakers + Knicks Celtics + Knicks If one of the teams doesn’t win, such. 2 Team Parlay: 13 to 5 Odds. Hedging reduces the risk. You can create a minimum of 2 combinations and a maximum of 6. Hedging reduces the risk. 5. Point Spread Parlay. Unlike in a parlay bet, if you stake $100 on a 3 leg round robin, you’ll actually be risking $300 total, with $100 bet on each 2 leg parlay. Note: For every game, there will be three outcomes however there are 8 different games therefore those three outcomes will need to be calculated. 3/1. ca/#pointspread you can watch a short video there as well to further clarify. $26. You're essentially creating multiple two-team parlays with the hopes that any combination of the teams you select cover. Say you have a $5 bet on a five team NFL parlay: Detroit Lions -110; New York Giants -110; New England Patriots -110; Dallas Cowboys -110; Green Bay Packers -110; Using our parlay calculator, you would see that the parlay would return $126. 64:1. An NFL parlay, or any betting parlay, is a combination of multiple bets. A three-team parlay consisting of three -200 favorites would have parlay odds of +237. antigen test faint line → mugshots sumter, sc arrests → how many combinations in a 4 team parlay . An ABC round robin will create the following chain of bets: A two-way AB parlay. Simply enter your bet amount and the odds and our parlay calculator will show you your expected profit (“To Win”) and payout (“To. Max1musLaz3r. 5 (-110) Parlay 2. Simply put, a parlay is a bet of 2 or more teams (selections) or propositions in no particular order. This is the main difference between a RR and a regular parlay, where you would need all three teams to win for your bet to be considered as winning. Instead of playing each other, the teams form parlays together. Thus if there are only 2 teams and one game there are 2 possible outcomes. A breakdown of how a round. It means a $1 bet would return $3. Patent: a type of round robin bet that involves three selections. Simply add 3 different selections from different games to a bet slip and the option will appear below the selections. The odds in a parlay are multiplied by your stake to calculate the returns. how many combinations in a 6 team parlay. The answer: $195. The name comes from round robin tournaments where each team in the tournament plays against each other at least once. For even money, put in 100 or -100. Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. Payouts. NFL Same Game Parlays. The more legs you add, the more combinations you can create. If you were to pick 5 teams and make all the possible 2-team parlays you could, there would be 10 different ones. You cannot combine ‘connected’, ‘dependent’ or ‘correlated’ events in the same parlay. If there is a tie or no action, the parlay reverts to the next lowest number for pay-off, for example: if you select 4 teams and one of those ties, it becomes a 3 team parlay. Future/PropsA Trixie bet is a three-team parlay that involves four different bets that guarantees a profit even if one of the bets is unsuccessful. Four of those at $60 a piece is $240). sufrimientos de pablo de tarso; stephanie hebard venturaHow many combinations can there be for 12 games? Thank-you very much. For example, if you really like two teams to win, you can combine their moneylines into a parlay bet. It requires a minimum of 3 picks, with the number of bets growing exponentially alongside the number of picks. The payout is re-calculated based on the reduced number of teams. $2. It’s common to see parlay bets also referred to as accumulator, combo, or multi bet. If you’re using decimal odds, simply multiply all bets with the stake. If you place a four-team parlay, going 3-1 is no different than going. For example, let’s say the Seattle Seahawks and Green Bay Packers are playing a game during the NFL season. Linkedin. 4, 1. With these selections, a three-team parlay typically pays around 6/1 (+600) with a four-team parlay paying around 12/1 (+1200)Most of the time, a round robin bet will be pretty large and involve many different combinations. Parlays are a wonderful way to turn a small stake into a juicy bank boosting payout. 43. Parlay Payout Example: Let’s take a look at an example with a parlay that includes three bets. Call 1-800-GAMBLER. 5 to 1: 4 team parlay: 11 to 1: 5 team parlay: 22 to 1: 6 team parlay: 44 to 1: 7 team parlay: 88 to 1: 8 team parlay: 175 to 1: 9 team parlay: 350 to 1: 10 team parlay: 700 to 1:. For wagering purposes, two-team parlays where there is a tie will be paid off as a straight wager. For each game, we have $3$ choice: bet on the home team, bet on the visiting team, or don't bet on the game. Here are two of the best bonuses* available: A) Get a 25% profit boost for UConn and Kansas State to win at DraftKings! Opt-in Now. So it’s every two-team combination (6), three-team combination (4), and a four-team parlay. That’s a bargain compared to the much-lower odds we see the further we go down the chart. 00 wager is for each of the 3 combinations. Parlays tie multiple bets together, requiring every bet within a parlay win and rolling over the winnings from one leg to roll over into each of the subsequent ones. Adding a couple of spreads into a parlay can easily increase your odds to almost (+300). The amount you bet is the amount that is risked on each three team parlay. We’ll discuss costs in more detail shortly. It is possible to select 11 teams and create 2,036 parlay combinations. The more games you pick, the more parlay combinations you can create — thousands if you pick enough teams. It covers all of the possible parlay combinations for when betting on seven separate events. Enter the odds for Game 1, Game 2 and so on. Let’s start with the individual $100 bet on Texans (+3. A parlay bet is a form of sports wagering where a single bet combines together two or more individual wagers up to a total of 12 picks and is dependent on all of those wagers winning together for the bet to cash. For example, a four-team parlay will become a three-team parlay, and a three-team parlay will become a two-team parlay. A $100 bet on a round robin parlay means each leg of the round robin is $100. For example, a $15 three-team round robin bet with each team lined at -110 would pay out a total of $39. How do you hedge a 3 team parlay? Parlays are a good example of hedging as well. A super Heinz creates 21 two-team parlay bets, 35 three-team parlays, 35 four-team parlays, 21 five. You cannot combine ‘connected’, ‘dependent’ or ‘correlated’ events in the same parlay. This is more complex analog of the Generator of combinations. So using the above example: 2. , a parlay of two sporting events is called a “double. Updated April 8, 2019 A round robin (RR) is simply a nickname for a type of parlay wagering strategy. . Just to ram home the point about the odds involved, we chose three moneyline favorites to populate our parlay here. Cowboys -6; Giants +6. Thanksgiving Day in 2023 concludes with an intriguing primetime matchup between NFC West rivals the San Francisco 49ers (7-3) and the Seattle Seahawks (6-4). Parlay Combinations. 50 payout. A 3 team parlay or treble bet can be placed on any chosen sportsbook as it is a common bet type across the world. I hope I'm making sense here. $10. 5 Team Parlay: Your traditional parlay where all teams in the parlay must win. Parlay Payout Example: Let’s take a look at an example with a parlay that includes three bets. Here's a four-team round robin from NFL Week 16 in 2022 from FanDuel. 4 times $100 equals $252 payout. . A standard number would go around. 67. You can bet by the twos, threes or fours, meaning you’ll get paid for each two-leg combination that hits (10 total. If all three win, you win each of the three two-team payouts. A parlay is a wager type in which two or more bets are linked together to create one bet with a greater payout. Teasers. Similar to two or more If bets but apply every possible combination for wagering. Round Robin ExampleA parlay can have a combination of moneyline bets ,. However, if all five are covered, the payout would be high: around +2335, a win of $230. For a 4-team parlay, imagine the choice has 12/1 odds to win. What’s important to note is this amount. Only if the fuaking monkey is part of the team though. 6-1). Here is the "slick" way to solve it: there are 3 outcomes for each game (either the odd team wins, they tie, or the even team wins), and there are 3 separate games, so since each game is independent of the other, there are $3^3 = 27$ possible outcomes. Free Parlay Calculator. 00098 chance of winning. 5 (-110) Parlay 3. 39 (+339). Army) at -145, and combine them into 3 two-team bets and 1 three-team bets, as well as 3 single-team bets. NOTES: In the event that a three-or-more-team parlay results in a tie, it will reduce the wager to the next lowest payoff. For even money, put in 100 or -100. However, tied together in a three-team. Florida State) at -162, and Coastal Carolina (vs. Pittsburgh Steelers -3 (-110) Detroit Lions +7 (-110) Parlay 3You bet a 6-team "by 2‘s" round robin, making 15 total $10 wagers. K. For example – if you wager a 3-team parlay with each selection at odds of -105 instead of -120, your payout would be $74. These teams are then used to create as many three team parlay combinations as possible. 3 Team Parlay – $600. 0 @ -110) @ Milwaukee If two teams win, exactly one combination will win. BetOnline has a better market for parlay than most sportsbooks, paying a 2-team leg 2. Then, you take this number and multiply it by your wager which will give you the total amount of money the sportsbook will give back to you. This means you are investing $30 in three parlays. If all legs in your round robin win, then all three of your two leg parlays would win. I'm using the seven teams listed in a series of two-team and three-team parlays. 6/1) if both remaining legs win. The payout is $36. If you wager $30 on the By 2’s option, that money will be split evenly among the 2-team parlays ($10 on each of the 3 wagers). But if any of your selections fail to win or cover the point spread, your ticket is toast. How a Round Robin Parlay works: Make between 3 and 6 selections and wager on some or all of the possible parlay combinations in one go. At the end of this wild week of sports, the $50 parlay turned into a $1,133,530. How does round robin work for 3? If any two of your three teams win against the spread, you will win at least one of these bets. In order to just see potential profit, you need to subtract out your original bet. Round Robin – 3-15 picks, 3-105 bets. 13 to 5 . This bet can have a minimum combination of two bets but can go all the way up to 15 bets. ff you pick five teams, you can create: 10 two-team parlays; 10 three-team. But you would have saved yourself a lot of money by betting the combo instead of placing 4 individual bets if you went 0-4. Add Team Moneyline. Open spots are not allowed in Round Robins. A tie and win on a 2 team parlay pays out as a straight bet. The 2 indicates the number of teams to include in the Parlay combinations. We’ll start with the basic definition of a parlay: It’s a combination of multiple wagers (called “legs”) into a single bet. Using every combination of a three-team parlay is called a round robin, so we're going to use a total of 1. This is the time to link together some of those ‘gut feel’ wagers’ that you might. Legs of 2 Team parlay, 3 team Parlay, 4 team parlay combinations are all very popular. By doing this, they can take a shot at a combination of bets that offer final odds that are much more enticing than an uninspiring favorite. We would like to show you a description here but the site won’t allow us. Round Robins: A round robin is a simple way to place multiple parlays at once. Parlay LimitationsThe more games you pick, the more parlay combinations you can create — thousands if you pick enough teams. Erik Kuselias 29-11 (73%) L40 PROPS. As it suggests in the name, the BetMGM One Game Parlay allows users to combine a combination of legs from the same game to create an enhanced odds bet. With a standard 2-team parlay returning 13-to-5 odds, your payout on each $10 bet would be $26. what happened to deidre on rock 92. The answer: $195. A tie and win on a 2 team parlay pays out as a straight bet. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1. If you are making the same $1 bet on all the possible two-team combinations, then the total jumps to $28. Even better, you just need to be right on one 8-teamer out of every 100 to build your bankroll. Payout. 【3 team parlay combinations】 time: 2023-10-14 23:04:41source： elon cryptocurrency news author: slots A review commissioned by the New South Wales government recommended that a mandatory probe into the activities of the state’s casino licensees be scrapped, local media reported today. Share. Each outcome included is called a ‘leg’, and every leg must be successful for the parlay to ‘stand’ as a winner. 4 team parlay – 10/1 odds, pays $1000. 5 Team Parlay – $2436. 3 team parlay – 6/1 odds, pays $600. Round robins are combinations of parlay bets. Parlay odds: +387. The three-team parlay is separated into every possible combination of two teams (indicated by the “2s” notation), and you play all three possible combination (indicated by the “x3 wagers” notation). Basketball: 7 Pts: 7. A round robin gets its name from a round robin tournament, in which every team plays every other team in its group. -162, and Coastal Carolina (vs. To place a round robin bet, you must have a minimum of 3 legs selected in your parlay. 67 x 1. In a Round Robin, you can mitigate risk by playing all of the two leg combinations as well as the three leg parlay. The amount you bet is the amount that is risked on each three team parlay. Instead of parlaying the three bets in a three-team parlay. For 2 team parlays it’s 52. Calculate. NEW 3 Team Combination Round Robins: Multi-team bets (sides or totals), between 4 and 10 teams. x. In another sense, you can develop enormous combinations of. You can. If one of your teams in the Round Robin loses, then all parlays associated with that. For 2 team parlays, a tie and win becomes a straight bet payout. These variants each have their own appeal, so judge for yourself if you want to try them out. The answer: $195. The maximum risk in a round robin is calculated by multiplying the maximum number of parlays by the amount the player wants for each two team. 4% to break even. Sports betting odds are designed to match payoff to the chances of an outcome. Build your perfect parlay with the USA TODAY Parlay Calculator powered by Tipico Sportsbook. You lose in either case. Arizona -3. Maximize your parlay potential with our intuitive parlay calculator to easily calculate parlay odds and payouts for your multi-leg bets. Parlay 3: Team B, Team C; 2) Next, multiply these decimal odds by each other. $36. By - November 27, 2022. Note the sportsbook’s house rules and maximum payout limits, if applicable. 2 days agoThe All Combinations option would also include a 3-team parlay in addition to the one listed above: Cowboys + Eagles Cowboys + 49ers 49ers + Eagles Cowboys + Eagles +. View Profile Find Posts By Max1musLaz3r Find Threads By Max1musLaz3r. 125% chance of hitting or a 1/32 chance of hitting. 3. Selections . how many combinations in a 4 team parlay. For a parlay bet to win, all outcomes (or legs) within the parlay must be selected correctly. To hedge, you bet $50 on a 3-team parlay of the expected winning teams. 3-team parlay – $595. Another three-team parlay with three +150 odds would have parlay odds of +1460. 2! × 9! = 55. A popular option for those seeking to leverage their sports and betting knowledge into bigger (and quicker) payouts, BetMGM’s Same Game Parlays (SGP) and SGP+ are available for thousands. This means that your $100 4-team parlay on those teams should earn you $1,149. Here’s an example using the NFL: Let’s say that I bet on the Chiefs -3 (-110) + Chargers +3. Likes (0) frank boulineau net worth 0. Press add bet to add more lines up to 15 bets. 375 in profit. But wait, before you go place your bet, keep reading. If there is a tie or no action, the parlay reverts to the next lowest number for pay-off, for example: if you select 4 teams and one of those ties, it becomes a 3 team parlay. 00. Menu3 Team Parlay Payout: Payout gets higher than a two-team wager. Below is an example of a three-team parlay containing NBA spread bets. The functionality of the system creates in a way a hedge against the original full blown parlay. Post author: Post published: April 2, 2023 Post category: still 2gether the series ep 1 eng sub dramacool Post comments: cattaraugus county police reports cattaraugus county police reportsA three-game parlay with American odds of +140, -110 and -160 would have decimal odds of 2. The bets can be different types – like a totals bet combined with a prop bet – and with each bet that you add to the parlay, the payout amount goes up exponentially. Under Odds Type, pick your odds style. The first games start and you see 3 of your teams are losing. You cannot combine ‘connected’, ‘dependent’ or ‘correlated’ events in the same parlay. If you choose to do this with a 3-team parlay, then doing so will give you a bigger return from a single bet than you would. For example, if you selected three games, you could indicate that you want to bet on a 3-team parlay, as well as any 2-team parlays from those three games. Don’t Be Afraid. Despite paying out $699 on a $100 bet, the SportsLine model sees this parlay winning an amazing 23 percent of the time. A three-team round robin is the simplest version as the more games selected, the more parlay combinations a customer can create. Menuhow many combinations in a 6 team parlay national restaurant association show 2023 / jason zimba political affiliation / how many combinations in a 6 team parlay ByA parlay is a combination of wagers that are linked together to form one single bet that produces higher sports odds and a higher potential payout. For example, a 3x round robin bet on 4 teams, Team A, Team B, Team C and Team D would generate 4 parlays with the following permutations: ABC, ACD, ABD and BCD. The first games start and you see 3 of your teams are losing. You cannot combine ‘connected’, ‘dependent’ or ‘correlated’ events in the same parlay. So it really doesn't matter if you miss 1 or 2, you're still making money. In short, yes. 2 of the games finished. A nice payoff if you win every pick. 58 and your profit would be $59. 48 Parlay Payout = 6. Check out today’s Pickswise Picks and Parlays right here, every day, with full. Parlay 1. Duke -7. Twitter. The splits are also different, for example, in a 4 team round, you can choose to split into 6 different two-team parlays or 4 three-team combinations. We can choose a combination of doubles, a combination of trebles, or a straight-up four-team parlay. 7 = 3. Example: You choose teams A, B and C to win their games against teams D, E and F, respectively. 7. A two-team parlay (assuming all bets being 50/50 propositions) has 4 possible outcomes (Win-Win, Win-Lose, Lose-Win, Lose-Lose), so you should hit 1 out of every 4 times or odds of 3-1 against you, yet the standard payoff for a 2 team parlay is 13-5 (2. Choose how much you’d like to risk on your parlay bet. 909 and 1. 6-Team Parlay Payout Round robin betting involves combining a series of bets into smaller parlay combinations. 4. 6 to 1 or +260; 3 Team Parlay: 6 to 1 or +600; 4 Team Parlay: 10 to 1 or +1000; 5 Team Parlay: 20 to 1 or +2000; If you look further at a two-team parlay you can more clearly see how books take a cut even with regular parlays. For example if you were to pick a 5 team Round Robin with 3 team parlay combinations for $ 100 each way there would be a total of ten - 3 team parlay combinations with a total risk of $1,000 to win a total of $6,000 if all the sides or totals are -110. If the 3 losing teams do lose, your new parlay can make up for some of those losses on the round robin bet. how many combinations in a 4 team parlay. concealite lighting rep locator. Step 4: Edit Your Bet Slip. So it really doesn't matter if you miss 1 or 2, you're still making money. Essentially, you’re creating several combinations of the same parlay in order to recoup some losses in the event that your parlay misses by one leg. A Patent is the same thing. Your total By 2's x3 wagers would cost $30. The All Combinations option would also include a 3-team parlay in addition to the one listed above: Cowboys + Eagles; Cowboys. A round-robin bet is a parlay or teaser with three or more games, or "legs," where you are actually betting multiple smaller combinations involving your selections instead of lumping them into one must-win-all wager. Example: If you are betting on six teams to win outright, you’ll have the option to bet By 2’s, By 3’s, By 4’s, By 5’s, or a traditional 6-leg parlay. Our 2-Team Parlay/Double Bet Calculator is an invaluable tool for sports bettors wishing to determine the potential payout of a 2-pick parlay. 4 Team Parlay Payout. Again for the curious, the equation for combinations with replacement is provided below: n C r =. Then you have progressive parlays, where you. 80 at +2436 odds. How many teams and combinations you are going to use; How much you want to wager on each parlay; Every parlay must have the same wager in your round robin. Download App. The sportsbook will automatically create three two-pick parlays. Yankee: a Yankee round robin bet features four teams or bets. For example, let’s say you have three selections: A, B, and C. Six of those at $26 a piece is $156). Tokens. Convert the American odds to decimal odds using our odds converter. 5 Pts: 11 Pts: 11. The bettor is paid on 2-leg parlay odds of +264 for that winning wager. Three two-team parlays; One three-team parlay; Four single wagers; Canadian Round Robin Bets. There could be 10 two-team parlays, 10 three-team parlays, five four-team parlays, and one five-team parlay. A parlay bet simply combines multiple wagers into one bet. AllRace 3: Horse #2 to win; Race 4: Horse #3 to win; Race 5: Horse #4 to win; Race 6: Horse #1 to win; Bettors can also make multiple selections in one or more races to improve their odds of winning, but the costs scale up quickly because there are so many winning combinations. A popular round robin is a three-team, two-way bet and this would look something like the below: Our three teams: Team 1 with odds -4. (650) REDO-WEB. 00 (3 horses in each race = nine combinations) To figure the cost: Multiply the number of horses in the first leg by the number of horses in the second leg, times the amount of your Daily Double. The odds would play a big factor in how much you would win in this scenario, as you would calculate each parlay separately. The 'Req'd Win Pc' column heading is the winning percentage required to break even at the corresponding odds. Also there is no reason to play a 6 team parlay as the return per game is lower than a 5 teamer. In the U. Takedown request View complete answer on sportsbookscout. 7. A two-way AC parlay. A teaser bet is a lot like a parlay bet, all of the games you picked must win in order for you to win. 75 if we placed $100 on a single parlay bet. How many teams and combinations you are going to use; How much you want to wager on each parlay; Every parlay must have the same wager in your round robin. Round Robin sports betting combines the legs of a parlay (minimum of three legs) into all of the possible combinations of the parlays to limit your losses. 9) by your bet amount ($50). The first game you want to include in the parlay is Game 1 with a moneyline odd of -135, the second game is Game 2 with a moneyline odd of +155, and the third game is Game 3 with a moneyline odd of -220. 00 wager is for each of the 3 combinations. A round robin bet is a series of parlays made from selecting three or more teams, covering all possible combinations. You would then choose a bet amount of $2, for example, and multiply this by the 4 permutations, giving a total of $8. A 'parlay' bet is a bet placed on multiple outcomes (or legs) to occur. Progressive round robin betting adapts based on outcomes. The amount you bet is the amount that is risked on each three team parlay. 1 units. Your total By 2's x3 wagers would cost $30. The combination of parlays can be made in 2, 3, 4, or 5 team parlays. 06:. 223. Bet # 2. If one of the bets was to push though for example, you would be paid as if you made a 2 team parlay bet, which would be 3 to 1, or $300. The Round Robin betting format consists of 3 doubles, 1 treble and 6 SSA (Single Stakes About) bets. 5 receptions (+105). If all three of these teams cover the point spread, then the bet would be won. +1612. To reiterate, each of these choices is expected to win their game. 5 (-110) Parlay 2. These are each individual bets so the $10. If one of your teams in the Round Robin loses, then all parlays associated with that. Do not enter anything other than numbers, including the dollar sign. Parlays come after a single bet (doubles are also parlays). You are backing a chance with odds of 12/1. 40 to 1 . how many combinations in a 6 team parlay. Stick to 2, 3, or 4 team parlays – Any more than this will often not be profitable long term despite the increased parlay odds. You decide your wager amount, and your book will place that. It does this by rolling over the winnings from each individual wager into the next leg of the wager. So if there are only 3 games (2 teams), then there can only be 3 parlay bets like the following: Games: A v B C v D E v F So the parlays are:. Try our 15 team parlay calculator now. Let’s say you like three teams: A, B and C. So we first need to convert the money line odds to decimal format then plug them into our parlay formula. 3-Team Parlay: 6 to 1 4-Team Parlay: 10 to 1 5-Team Parlay: 20 to 1 6-Team Parlay: 40 to 1 7-Team Parlay: 75 to 1 8-Team Parlay: 150 to 1. Titans +3. If you add a second game then, regardless of the outcome of. 13 to 5. However, the payout gap makes this bet 10/1, so the payout is only $1,100. The parlay calculator accepts US or decimal odds, so you could enter -110 or 1. A two-team parlay pays 2. 5; Colts -8; This parlay would return $700 on a $100 wager ($100 stake + $600 profit). 100/250 = . 97) and bet amount ($100) equals the total potential payout of $181. However, that does not mean that there are not ways to increase your chances of winning. 1. If one of your teams in the Round Robin loses, then all parlays associated with that. One loss and you lose the parlay. Every book will display round robin options a little differently. May 23, 2009. If one of your teams in the Round Robin loses, then all parlays associated with that. Hi all, I need to create a spreadsheet which will generate all possible combinations of 8 games of soccer consisting of two teams who can each win or come a draw (3 outcomes per game). Let’s add some odds to the mix: Game 1 (+100) Game 2 (-110) Game 3 (+350) Game. On a three. Recall the odds and calculated winnings: To calculate the parlay odds, we must first get the decimal multiplier for each individual wager. So yes, they're worth it, if you know how to bet them. then become a 3 team parlay and would be settled at reduced odds to reflect a winning 3 team parlay. how many combinations in a 6 team parlay. This is where punters bet on the same game with Moneyline or ATS and double up or triple up with Player Prop. If there is a tie or no action, the parlay reverts to the next lowest number for pay-off, for example: if you select 4 teams and one of those ties, it becomes a 3 team parlay. On a three-team RR two-way parlay, you would have three different two-teamers. bryan trottier family. Full Cover. Same-Game Parlay A same-game or single-game parlay is a bet that utilizes correlated wagers for the same event to earn higher. At BetRivers — where they currently only offer single game parlays on the NFL — over 40% of bettors have already placed a single game parlay this season, and 20% of all bets have been single game parlays. The main appeal of a parlay bet is the opportunity for a potential payout that is vastly bigger than is available on individual wagers. 91. There are many stories of an insane parlay bet hitting for huge money against all odds. You have already won the Lions, Giants, Patriots, and Cowboys. If one team fails to cover, most of your 26 bets would still pay off and you. Three-way is the same concept, but with three team combinations among four or more teams. To use this calculator, enter a bet amount and the odds on every leg of the parlay, up to 12 legs. For example, combining three bets with decimals odds of 1. Luke Weaver (CIN) Over 3. You would then choose a bet amount of $2, for example, and multiply. The idea is to place a 2-leg parlay on all possible two-team combinations. 00, 2.