Calculating Parlay Payouts (Ganancia)
2 Team Parlay | Amount |
---|---|
Giants -125 | 100 |
Padres +130 |
Payoffs are determined by a simple formula that changes the money line into decimal form:
STEP 1: Converting Money Line To Decimal
For each team in the Parlay Calculator, the money line is converted into decimal form using the following formula:
- For a negative money line (-125) you divide 100 by 125 -> 100/125 = 0.8
- For a positive money line (+130) you divide 130 by 100 -> 130/100 = 1.3
STEP 2: Add 1 to each of these values.
STEP 3: Find out the amount to be wagered (risked)
Now we can calculate the Parley Calculator payout with the following formula:
(Risk Amount | X | Price 1 | X | Price 2) | - | Risk amount | = | PAYOUT |
Example: For a $100 parley with:
GIANTS -125 PADRES +130 | ||||||||
---|---|---|---|---|---|---|---|---|
$ 100 | X | (1+100/125) | X | (1+130/100) | - | $ 100 | = | PAYOUT |
$ 100 | X | 1.8 | X | 2.3 | - | $ 100 | = | $ 314 |
(Hay que restar la inversión para obtener la ganacia)
Use the same method for any number of teams.
Use the same method for any number of teams.
waoh excelente......muchas gracias muy buen aporte felicidades
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