The Parlay Calculator indicates how much money sports bettors can win if they placed a bet on a certain number of games. For example; if I were to place a $20 wager on 3-teams football parlay at -110 money line odds, my parlay payout would be $119.16.
Therefore, the parlay calculator will count the amount of picks you have chosen (3), times the amount of each money line (-110), times your wager ($20) and then show you how much you would win on that wager ($119.16).
Please notice, when putting in favorites, you need to add the minus sign in front of the number. Example: If the Boston Red Sox are a PK -150 favorite vs. the New York Yankees, enter '-150' in the box.
Same thing with NFL Football, if the New England Patriots are a -7 point favorite, enter (-110). If they are -220 on the money line, enter -220.
Finish Player FedEx Earnings ($) 1. Bryson DeChambeau. Dear Twitpic Community - thank you for all the wonderful photos you have taken over the years. We have now placed Twitpic in an archived state.
In order for a parlay bet to win, every one of your wagers must win or push (tie). If any of the other selections on your ticket loses, your wager loses, regardless of the outcome on the other games. Also, if one or more selections are a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number. For example, if you place a 5-team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2-team parlay and one team wins and one tie; the wager becomes a straight single bet.
Try it out, simply put in the numbers and the parlay calculator will do the rest!
What is a 'Parlay'? Two or more teams or totals can be combined to make one wager. Let's say you bet $100 on the Pirates +150 and the Pirates over 8 at -120 in a two team parlay. Use the following steps to determine your winnings or should we say potential winnings.
Calculate the parlay factor for each piece. If the price of the piece is positive, simply add one to get the factor. If the price of the piece is negative, calculate the reciprocal, multiply by -1, and then add one (1.50 + 1 = 2.50 -1.20). Take the reciprocal or divide one by the negative price (1/1.20 = 0.83 + 1 = 1.83).
Multiply all factors. Multiply this factor times the bet amount. The result is the payoff (including your bet): 2.50 x 1.83 = 4.57. Now multiply the result by 100 (4.57x100). $457 is your total return if both pieces win (including your bet amount).
Subtract your bet from the figure calculated in 2. The result is your winnings $357 ($457 - $100 = $357). Did you get that? Or, go to www.parlaycalculator.com and let the calculator take care of it for you!
If you're a parlay type bettor that likes to bet the total and side of a game, here's a piece of advice.
If you bet on the Favorite, take the OVER. If you like the UNDERDOG, take the UNDER. The logic behind this theory is simple.
For example: when a team is favored by 7 points or more with an OVER of 44.5, all you need is for the underdog to get up ahead or stay in the game as long as they can. Because the favorite is more likely to catch up and put up some points on the board, the percentage is good to cover the over. As for the dog, if they can keep the favorite off the board, the percentage of the UNDER and dog covering is on your side.
Say what you want against parlay betting, I like it! Many experts will discourage their friends from betting on parlays, I'm the opposite. If you buy a lottery ticket, in my view you're buying into the parlay strategy.
Sportsbook managers tell me all the time, 90% of the players end up losing their entire deposit. Get the best casino bonuses that you can get, while shopping for an online casino or sportsbook.
Take that bonus money and take a shot at a 5-team or 8-team parlay to try and get that one big score, go for it!
Don't do it every day and don't wager the farm! Here's what I like to do, come NFL season, I make my 1 or 2 big wagers and then I go 'parlay tripping' with an 8-team to 10-teamer. Let's face it; if you can hit an 8-team or 10-teamer, you're going to cash a nice ticket. Just live within your means and bet what you can afford to lose.
There are nine different ways to win Powerball prizes in every draw, based on how many numbers you match. You can win $4 just for matching the Powerball, while the jackpot is won by matching all five main numbers plus the Powerball. The top prize starts at $20 million (*During the Coronavirus pandemic, the starting jackpot may be lower than this) and increases every time it is not won.
If there are multiple winners of the jackpot, it will be shared equally between them. The eight prizes below the jackpot are fixed amounts, so for these prizes there is a guaranteed payout regardless of how many winning players there are. Go to the Powerball Numbers page to see the latest prize payouts.
The Powerball payout chart below shows how many numbers you need to match to win the different prizes and the odds of winning each. You can also see statistics about past winners in each division.
Prize Level | Payout | Odds | Fewest Ever Winners | Highest Ever Winners | Average Winners Per Draw | Winners in Last Draw |
---|---|---|---|---|---|---|
Match 5 + PB | Jackpot | 1 in 292,201,338 | 0 | 4 | 0.1 | 0 |
Match 5 | $1,000,000 | 1 in 1,688,054 | 0 | 89 | 2.5 | 0 |
Match 4 + PB | $50,000 | 1 in 913,129 | 1 | 827 | 23.4 | 13 |
Match 4 | $100 | 1 in 36,525 | 136 | 20,544 | 705.6 | 288 |
Match 3 + PB | $100 | 1 in 14,494 | 329 | 47,685 | 1,377.6 | 799 |
Match 3 | $7 | 1 in 580 | 9,160 | 1,164,124 | 39,859.1 | 19,559 |
Match 2 + PB | $7 | 1 in 701 | 7,441 | 895,097 | 25,702.0 | 17,147 |
Match 1 + PB | $4 | 1 in 92 | 60,368 | 6,343,237 | 180,689.5 | 133,753 |
Match 0 + PB | $4 | 1 in 38 | 0 | 14,595,721 | 404,038.2 | 322,705 |
The overall odds of winning a Powerball prize are approximately 1 in 24.9 |
Figures calculated using results drawn between April 22nd 1992 and March 6th 2021.
For a small additional fee, you can opt to use the Power Play option which will increase the prize payout for any non-jackpot win by a multiple of 2, 3, 4 or 5 (or possibly 10 when the estimated jackpot is less than $150 million) depending on which Power Play number is drawn. Match 5 winnings are always doubled to $2 million with the Power Play option, no matter which Power Play number is drawn. This option is available in all participating states and jurisdictions except California, where prizes must be pari-mutuel according to state law.
Here are the expected payouts for Power Play prizes:
Prize Level | 2 | 3 | 4 | 5 | 10 |
---|---|---|---|---|---|
Match 5 + PB | Jackpot | Jackpot | Jackpot | Jackpot | Jackpot |
Match 5 | $2 million | $2 million | $2 million | $2 million | $2 million |
Match 4 + PB | $100,000 | $150,000 | $200,000 | $250,000 | $500,000 |
Match 4 | $200 | $300 | $400 | $500 | $1,000 |
Match 3 + PB | $200 | $300 | $400 | $500 | $1,000 |
Match 3 | $14 | $21 | $28 | $35 | $70 |
Match 2 + PB | $14 | $21 | $28 | $35 | $70 |
Match 1 + PB | $8 | $12 | $16 | $20 | $40 |
Match 0 + PB | $8 | $12 | $16 | $20 | $40 |
The following table shows the odds of each Power Play multiplier being randomly selected when the 10x multiplier is in play (jackpot worth $150 million or less):
Power Play Multiplier | Odds |
---|---|
Match 10x | 1 in 43 |
Match 5x | 1 in 21.5 |
Match 4x | 1 in 14.33 |
Match 3x | 1 in 3.31 |
Match 2x | 1 in 1.79 |
The following table shows the odds of each Power Play multiplier being randomly selected when the 10x multiplier is not in play (jackpot worth more than $150 million):
Power Play Multiplier | Odds |
---|---|
Match 5x | 1 in 21 |
Match 4x | 1 in 14 |
Match 3x | 1 in 3.23 |
Match 2x | 1 in 1.75 |
Don't forget to check how much tax you will pay on your powerball prizes
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