Parlay

  1. Parley definition is - to speak with another: confer; specifically: to discuss terms with an enemy. How to use parley in a sentence.
  2. Parlay definition is - to bet in a parlay. How to use parlay in a sentence.

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.

What is parlay betting? 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.

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.

How much does it pay and how do you win a parlay?

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?

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.

Parlay

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!

Do you need parlay betting advice?

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.

Parlay Definition

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.


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par·lay

(pär′lā′, -lē)tr.v.par·layed, par·lay·ing, par·lays
1. To bet (an original wager and its winnings) on a subsequent event.
2. To use to great advantage or transform into something better: parlayed some small investments into a large fortune.
n.
A bet comprising the sum of a prior wager plus its winnings or a series of bets made in such a manner.
[Alteration of paroli, staking of double the sum staked before in faro, from French, from obsolete Italian, probably from Italian parare, to place a bet, from Latin parāre, to prepare; see pare.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

parlay

(ˈpɑːlɪ) vb (tr)
1. (Gambling, except Cards) to stake (winnings from one bet) on a subsequent wager. Brit equivalent: double up
2. to exploit (one's talent) to achieve worldly success
n
(Gambling, except Cards) a bet in which winnings from one wager are staked on another, or a series of such bets
[C19: variant of paroli, via French from Neapolitan Italian parolo, from paro a pair, from Latin pār equal, par]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

par•lay

Parlay (ˈpɑr leɪ, -li)
v.t.
1. to bet or gamble (an original amount and its winnings) on a subsequent contest.
2. to use (assets) to achieve a relatively great gain: to parlay a modest inheritance into a fortune.
n.
3. a bet of an original sum and the subsequent winnings.
[1820–30, Amer.; alter. of earlier paroli < French < Neapolitan Italian, pl. of parolo, perhaps derivative of paro equal < Latin pār; see pair]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

parlay


Past participle: parlayed
Gerund: parlaying
Imperative
parlay
parlay
Present
I parlay
you parlay
he/she/it parlays
we parlay
you parlay
they parlay
Preterite
I parlayed
you parlayed
he/she/it parlayed
we parlayed
you parlayed
they parlayed
Present Continuous
I am parlaying
you are parlaying
he/she/it is parlaying
we are parlaying
you are parlaying
they are parlaying
Present Perfect
I have parlayed
you have parlayed
he/she/it has parlayed
we have parlayed
you have parlayed
they have parlayed
Past Continuous
I was parlaying
you were parlaying
he/she/it was parlaying
we were parlaying
you were parlaying
they were parlaying
Past Perfect
I had parlayed
you had parlayed
he/she/it had parlayed
we had parlayed
you had parlayed
they had parlayed

Https://parlayideas.com/

Future
I will parlay
you will parlay
he/she/it will parlay
we will parlay
you will parlay
they will parlay
Future Perfect
I will have parlayed
you will have parlayed
he/she/it will have parlayed
we will have parlayed
you will have parlayed
they will have parlayed
Future Continuous
I will be parlaying
you will be parlaying
he/she/it will be parlaying
we will be parlaying
you will be parlaying
they will be parlaying
Present Perfect Continuous
I have been parlaying
you have been parlaying
he/she/it has been parlaying
we have been parlaying
you have been parlaying
they have been parlaying

Parlay Meaning

Future Perfect Continuous
I will have been parlaying
you will have been parlaying
he/she/it will have been parlaying
we will have been parlaying
you will have been parlaying
they will have been parlaying
Past Perfect Continuous
I had been parlaying
you had been parlaying
he/she/it had been parlaying
we had been parlaying
you had been parlaying
they had been parlaying
Conditional
I would parlay
you would parlay
he/she/it would parlay
we would parlay
you would parlay
they would parlay

Parlay Bet

Parlay
Past Conditional
I would have parlayed
you would have parlayed
he/she/it would have parlayed
we would have parlayed
you would have parlayed
they would have parlayed
Collins English Verb Tables © HarperCollins Publishers 2011
Noun1.parlay - a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers
wager, bet - the act of gambling; 'he did it on a bet'
Verb1.parlay - stake winnings from one bet on a subsequent wager
bet on, gage, game, stake, punt, back - place a bet on; 'Which horse are you backing?'; 'I'm betting on the new horse'
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.

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