Matthew Jones
Author:
Matthew Jones
Last Updated:
November 21, 2020
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This author was thoroughly tested and approved by the experts at BettingBilly.com before joining the editorial board to ensure a high content quality.
Author Bio:
 
Matthew is a former journalist and entrepreneur. Before he turned 18 he'd already started an online-shop, grew it to more than $1m in sales and sold it. Together with Richard he is now in charge of BettigBilly. His specialties are gambling mathematics and creating winning betting strategies.
Matthew is a former journalist and entrepreneur. Before he turned 18 he'd already started an online-shop, grew it to more than $1m in sales and sold it. Together with Richard he is now in charge of BettigBilly. His specialties are gambling mathematics and creating winning betting strategies.

Free Parlay Calculator 2020

Have you been into sports betting for a while but without too much success? If so, we may have just the right thing for you at BettingBilly. Our picks and parlays section offers daily sports betting predictions for regular bets and parlays, suggested by some of the top sports betting experts in the world. On Billy’s List, you will find some of the most valuable betting tips in the world, completely free of charge and available for every registered member to use.

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What is Parlay Betting? Definition

There are many different types of sports betting out there, but parlay betting may just be one of the most common ones. A parlay bet, by definition, is any combination bet that includes several different bets (at least two) combined on a single betting slip. Parlays are also often referred to as accumulator bets or combination bets.

If you are wondering why you should put more than one bet on a single slip, the reason is quite simple. The more bets you combine; the higher your odds get, exponentially. The odds of all the bets you include on your parlay are combined (multiplied) and a final number is gained that shows your overall win.

Our parlay calculator is designed to help players realize what the odds of their parlay bet will be before they actually make the bet with the bookmaker. By entering odds of the different bets you plan to include in your parlay, you can get the final odds of your entire slip without even signing up with any online bookmaker.

How to Calculate Parlay Betting Odds?

Before you can understand how betting odds of a parlay bet are calculated, you should understand that there are different formats of betting odds used around the world. While in the USA we typically use the American Odds format (-110), worldwide the decimal format (1.87) is more common. An easy way to figure out your parlay odds is to multiply the decimal odds of your bets with each other, getting a final number.

However, converting back to American Odds, calculating the odds of a parlay becomes a bit more complicated. This is why the parlay calculator formula used at BettingBilly comes in handy, solving the riddle for you without having to do any math. Simply insert the odds of the various bets you want to include in your parlay and the final odds will pop right up.

You can use our free parlay calculator to experiment and look up what prices you can come up with various odds combinations. This way, you will know what kind of bets to look for at betting sites once you are ready to actually wager real money and you will know the approximate odds of a parlay you may want to bet on before you even set it up.

What is a Player Card?

Setting up a good parlay bet can be difficult work, which is why many bookmakers choose to help players out and actually make the bets for them. Player cards or parlay cards are simple pre-made parlay bets, which usually include bets from a single sport or a single betting market.

Now, you may be thinking that the bookies are giving you the worst possible bets on these cards, but that’s not necessarily the truth. Remember, the bookie should be winning over the long run regardless of how the players bet. This is why player cards will actually consist of some reasonable bets that work well together.

However, you are in even more luck, as BettingBilly gives you access to our very own exclusive parlay cards. You can find dozens of parlays at the site’s parlay section and use this sports betting calculator to figure out the odds of a potential parlay should you make it, according to current odds.

Regardless of the sport you are looking to bet on, the easiest way to make your parlays is to use premade parlay cards. You may choose the ones already provided by bookies, or copy our parlay cards to make the best of the parlay tips and predictions provided at BettingBilly.

How to win a sports bet or parlay?

Winning at sports betting is notoriously difficult as the bookmakers always give themselves an edge if possible. To be able to win, you must act quickly and make your bets at best possible odds as well as know the ins and outs of the sport or league you are betting on.

Fortunately for you, we are here to help. You can find fantastic daily free tips and parlay selection on Billy’s List. Powered by some of the best sports betting experts around, we guarantee your success rate will increase if you sign up today and start following our pundits:

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Types of parlays & predictions

Our parlay bet calculator is designed to calculate odds based on your input, regardless of the market or sport you are betting on. However, before you start using the calculator, you should know what types of predictions you can find at BettingBilly and how they can be combined into parlays. Among others, you can find the following types of predictions and parlays at our site:

NFL Predictions

The most popular football league in the world is the main focus of interest for many of our pundits. Experts who work on our NFL predictions are highly experienced with the game and know exactly what to look for. Moneyline, spread and over/under bets are their specialty and you can expect daily predictions and parlays for NFL matches at BettingBilly.

NFL Predictions

NCAAF Predictions

Many of our NFL pundits also take interest in the youth and the NCAAF, while others focus solely on this particular league. In either case, you can expect to find regular updates to our NCAAF predictions at BettingBilly, with all the main markets covered and every major match fully taken advantage of.

NCAAF Predictions

NBA Predictions

Fans of basketball have plenty to look forward to as our NBA predictions cover the world’s top basketball league through and through. Find moneyline bets, over/under predictions and special prop bets for individual matches as well as powerful parlays that can make you a ton of cash on our dedicated NBA predictions page.

NBA Predictions

NCAAB Predictions

Even more fun and games for all the basketball aficionados out there is available on our dedicated NCAAB page. The NCAAB predictions posted here are your ideal picks for the upcoming games in the college basketball competition. Check out what our pundits have to say about this week’s matches and enjoy the fun and the profit you will get from following the best tipsters out there.

NCAAB Predictions

MLB Predictions

Next up on our list of premium betting picks are our MLB predictions. Put together by the leading pundits in the field of baseball, these picks are the best you could get. Copy picks based on a mix of statistical analysis of players and teams and the insider information available only to the most persistent and knowledgeable of baseball experts.

MLB Predictions

NHL Predictions

If you prefer ice over grass, NHL is the sport you want to watch and bet on. Thankfully, BettingBilly employs a number of successful NHL experts who provide you with daily updates on the NHL progress, with regular NHL predictions and parlays. We cover a host of betting markets for NHL and all the major games without exception, all the way to the Stanley Cup.

NHL Predictions

UFC Predictions

If you prefer fighting sports and martial arts over regular sports, UFC is your ideal competition. While we don’t focus on UFC as much as sports like football or baseball, we do provide regular UFC predictions for all the major fights and preliminary events on big Vegas nights, for your pleasure and profit.

UFC Predictions

Golf Predictions

Golf may not be traditionally a sport that everyone bets on, but punters who do like to bet on golf are often high rollers. Whether you are a high roller or not, our golf predictions cover all the major tournaments during the spring and summer season with some great picks for winners and major upsets in each.

Golf Predictions

Soccer Predictions

Soccer is a sport whose popularity knows no boundaries. American fans of the MLS and other international competitions like the Premier League or La Liga have plenty to look for at BettingBilly. With our soccer predictions, our experts cover a wide range of games and betting markets across the entire world, from our very own MLS to Champions League and more.

Soccer Predictions

NASCAR Predictions

Finally, we also take pride in our motor sports pundits who can give you some fantastic predictions for all sports involving cars and races. Namely, our NASCAR predictions section focuses on each running NASCAR race, giving you a chance to capitalize on our extensive understanding of the sport and our weekly tips and predictions.

NASCAR Predictions

Is it Legal to Bet on Sports in the USA?

The legal outlook of sports betting in the USA is somewhat strange as players in different states have to adhere to different laws. Prior to 2018, sports betting across the board was illegal, apart from Nevada and a few other states that had sports betting in a limited form. However, as times have changed and the critical PASPA law was repealed, players in different states across America can now bet on sports in some way.

Each of the states in the USA now has the chance to regulate its own sports betting market, which has resulted in a number of sports betting bills being passed across the country. Depending on the state you live in, you may be able to bet online or live and may have access to different betting markets.

The truth is that the legal situation for sports bettors in the USA is becoming better every day. New states are introducing critical betting bills and the market is expanding faster than ever before with legal sports betting options.

Tips & Tricks: Top 7 advices from our experts

Before you proceed to start betting on parlays yourself and use our parlay payout calculator, we have prepared a few important tips and tricks that you can use to make better bets and take your parlay betting to the next level:

  • Bet on your favorite sports: Creating parlays out of bets that you know you can make profitably is the best idea. Make sure to bet on sports you know and understand and give yourself the best chance.
  • Try round robin parlays: Round robin parlays are fantastic as they dramatically reduce the variance of your bets. Try making some round robin parlays and you will see yourself show up with more betting slips that are winners.
  • Bet with legal bookmakers: Always make sure to bet with legal online bookmakers. Now that legal options in the USA are growing there is no reason to bet with offshore bookies at all.
  • Use Billy’s List: Billy’s List is here to help you make all the best choices and bets. We offer daily betting parlays in all sports and single bets that you can combine to make some amazing parlays.
  • Find and combine the top odds: Making sure you get the best odds you can is an important thing, especially with parlay betting. Remember, small differences in singles odds can make a massive impact on your parlay.
  • Don’t bet too much: Limit your bets and make sure you are never betting more than you can afford to, especially with your parlays. Long odds combo bets can be trying on your bankroll, so make sure to take it slot.
  • Don’t get into trouble: Sports betting can be difficult both financially and mentally. Don’t put yourself in a situation where it is controlling your life and make bets that won’t get to you on either of these two levels.

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Parlay Calculator FAQ

Conclusion: The best parlay calculator out there
At BettingBilly, we offer free access to a massive amount of betting predictions from leading betting experts, along with our amazing free betting calculator. Get a chance to calculate your parlay calculator odds for free and without signing up to any bookmaker and know what your betting slip stands to make in the long run by registering with BettingBilly today.
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