Mix Parlay sports betting in football is a popular wagering strategy among experienced football bettors due to its potential for high payouts. So, how is a parlay calculated correctly? What are the advantages and disadvantages of parlay betting compared to conventional betting methods?
In the following article, PHWIN will suggest some of the most prominent ways to play at PHWIN sports.
Master Mix Parlay Sports Betting with PHWIN: High Odds, Trusted Casino
What is Mix Parlay sports betting?
Mix Parlay is a type of bet where players wager on multiple matches at once (from 2 matches onwards). The winning odds depend on the odds of each individual match. Players engage in Mix Parlay sports betting by placing bets on multiple matches simultaneously.
The outcomes can include draws, full wins, half wins, or half losses. If one match loses completely, your entire parlay is considered lost, and you lose the money you bet.
Calculating combination bets in football accurately
Many websites provide incorrect formulas for calculating combination bet winnings. It is important to carefully read the method of calculating combination bets from the expert team on PHWIN to avoid losing money unfairly.
Calculation formula for football parlay bets based on Asian Handicap
Odd = Odds of winning x (1 + (Half money line odds – 1) / 2) x 1/2 (Half money line odds) x 1 (Draw odds)
For example: You place a 3-leg parlay bet with a stake of $150
- Man City 1.60
- Arsenal 1.30
- Man United 1.90
If all 3 teams win, then Odd (winnings) = $150 x (1.60 × 1.30 × 1.90) = $592.8
If Man City wins, Arsenal loses half the money line, and Man U wins, then Odd = $150 x 1.6 x 1.3/2 x 1.90) = $296.4
The calculation formula for parlay bets based on Over/Under is similar to the Handicap odds.
Calculation of parlay bet in football based on European odds
Odd = Odds 1 Odds 2 Odds 3 *…
For example: you place a parlay bet with $150 stake
- Real Madrid 1.40
- Barcelona 1.80
- Atletico Madrid @ 1.22
If all 3 teams win, then Odd = $150 x 1.4 x 1.8 x 1.22 = $461.16
If one of the 3 teams loses, you lose the entire bet amount.
Note: Parlay bets have lower winning odds compared to regular bets.
In regular betting (spread betting), the winning odds are 33% as there are 3 outcomes: draw, win, lose.
However, in parlay betting, the more teams you bet on, the lower the winning odds.
It is important to carefully consider before placing your bets.
What should be noted when playing Mix parlay sports betting?
Below, we will summarize the key points to keep in mind when playing combination bets.
- The most important rule for combination bets is to avoid choosing matches that are too common.
- Place combination bets on teams with the highest winning odds.
- Choose reputable bookmakers to place bets and avoid situations where money disappears without a trace.
- Only place combination bets when you are sure of winning over 75%.
- It is advisable to divide your capital into smaller amounts when playing combination bets to minimize the risk of losing all your capital.
- Do not play too many matches as the risk of losing is very high.
- Whether you win or lose in combination bets, do not play recklessly.
- Carefully calculate when placing combination bets on Asian handicap because this type of bet is quite difficult to win.
- Prepare enough capital on your own, absolutely do not borrow or mortgage.
Conclusion
After reading the article, you should have a good understanding of Mix Parlay sports betting. With the amount of information shared by PHWIN, you may feel more confident to engage in the game. It is important to note that while playing parlay can lead to big wins, the risks are also high.
Therefore, it is crucial for you to always be cautious and make careful choices. If you need further clarification, feel free to leave a comment below the article.
Kayden Jade has over 9 years of experience working as an agent for well-known online casinos in the Philippines. I am the owner of the website www-phwin.com.ph, which is a gambling website featuring casinos and online slot machines. This site regularly updates links to phwin.com and provides the latest promotions to all members.