Betting

5How to calculate potential payouts for parlay football bets?

Parlay betting presents a thrilling opportunity to combine multiple picks across different football games for exponential payouts. But crunching the numbers on possible profits requires a clear understanding of how parlays work. American odds use positive or negative values e.g. +300 or -200. These indicate payout amounts relative to $100 bets. +300 risks $100 to return $400 total including original stake. -200 risks $200 to net $100 in winnings excluding stake. Fractional odds like 3/1 describe returns as fractions of 1 unit bets. Know both formats.

Learn how picks accumulate

Parlays chain two or more picks with payouts accumulating. A basic two-teamer with Bills (-150) and 49ers (+120) pays $3.60 on a $1 bet if both cover the spread. It accumulates each bet’s return rounded down slightly. Building more picks accrues higher payouts but also longer odds of hitting perfectly. Sharper odds boost overall parlay payouts more than minimal differences. If the Packers are -240 on one book but -220 elsewhere, take the -220 line. This better odds pick pushes the parlay payout higher despite being just a 20-cent line difference. Every brighter number counts.

Factor in correlated outcomes

Some parlay legs have risk overlap that cuts the expected value. An interconference parlay backing AFC favorites Patriots and Chiefs seems safer than choosing conference rivals Ravens and Bengals where outcomes may correlate if injuries or bad weather hamper both teams. Build sample parlays spanning likely picks then calculate payouts at both minimum and higher standard bet amounts like $1, $5, or $10 to gauge score potential. Use online parlay calculators to estimate accurately. Getting a feel for hypothetical payout ranges aids in budgeting bankroll and units to risk in the end. We’ll build a small $1 parlay wager across Sunday and Monday night NFL games as follows.

  • Chiefs (-6.5) -110
  • Eagles (+9.5) +100 

While intimidating initially, projecting parlay profits becomes second nature over time with some diligent practice. Start modestly then grow bet sizing as confidence increases. Most importantly, have fun multiplying your football excitement. Those mammoth paydays await.

Maximizing returns long term

  • Correlate game totals – Pairing Over/Under picks in UFABET games with related dynamics like two offenses prone to high-pace, big-play battles prime the probability of shootouts.
  • Fade public bias – Zig when average fans zag by taking unpopular lines or undervalued teams still posing upset threats that could anchor big payout legs. 
  • Smaller is better – Throwing tiny $1 or $0.50 units on long bomb 7+ game NFL parlays makes landing an elusive perfect card life-changing.
  • Let bets ride – Building ongoing parlays across multiple weeks where unsoftened payouts roll over into a new set of picks ratchets up potential with more risk.

Parlays, especially longer ones, appeal most to thrill-seekers. Avoiding reckless lotto-style gambles pays off most seasons. Limit exposure while leveraging select correlated picks and mispriced lines. This crafts smart parlays to generate and grow bankroll steadily in the world’s most exciting sports betting playground.