
NBA betting is extremely popular among fans of the sport. And thanks to our basketball parlay calculator, you can maximise the value of your bets and make parlay betting a hugely enjoyable experience.
In this short guide, I will explain exactly how our basketball parlay calculator works and outline the key benefits of using the tool every time you make an NBA parlay bet. I’ve even got some expert advice to help you use the tool, plus details of some other calculators you can use for placing NBA wagers.
In simple terms, a basketball parlay is a single bet that contains at least two selections. To win your parlay bet, you need all of your selections to be successful. A common NBA parlay will involve betting on the winner (in other words, a moneyline bet) of 2+ games, but you can also place parlays covering spreads, totals and even prop markets. Because a successful parlay bet requires multiple selections winning, you will find they have much longer odds compared to placing single bets.
Using our basketball parlay calculator is quick, easy and extremely user-friendly. Here’s a step-by-step guide to what you need to do:
As you can see, our basketball betting calculator is straightforward to us. So the next big question is - why should you use the tool when placing your parlay bets? Here are three great reasons:
If you put together the same NBA parlay at a selection of different sites, you will find wildly contrasting prices. Naturally, you want to use the site that has the longest odds for your chosen parlay. Our parlay calculator enables you to instantly compare identical parlays across multiple brands. Within seconds you will be able to spot which sportsbook gives you the best value for your bet.
There are a lot of moving parts to parlay bets, and this can make them slightly difficult to interpret. For instance, if you change one leg of the bet, the odds will immediately alter, thus creating an entirely new bet and new potential returns. By using our tool, you can easily adjust your selections, and/or your stake, to instantly see the new potential payout. You can then play around with the fields to identify your ideal wager.
Betting odds can be displayed in American, decimal or fractional formats. Different sites use different formats, which can lead to some confusion when trying to compare prices. To help you out, there is a field on our parlay calculator that allows you to switch between the different formats. You can also use our moneyline calculator to instantly convert odds into the format of your choice.
The below table shows the moneyline prices available for a road win on three upcoming NBA games:
Game | Betting site 1 | Betting site 2 | Betting site 3 |
---|---|---|---|
Lakers vs Jazz | -113 | -108 | -117 |
Kings vs Knicks | +110 | +116 | +106 |
Warriors vs Clippers | +200 | +202 | +191 |
Now let’s look at how you can use our parlay calculator to view the potential returns from these three bets:
Betting site 1
Payout: $119.00
Betting site 2
Payout: $125.25
Betting site 3
Payout: $111.44
Inputting this information into our NBA parlay calculator just takes a few seconds and will instantly be able to see that your potential returns at betting site 2 are around $14 higher than at betting site 3. In other words, a minimal amount of effort can make a big difference to your bottom line.
Using our calculator is simple, but there are a couple of nifty tricks you can use to get the best possible value from the tool:
When using our tool, you can add 10+ selections to your parlay. However, I can highly recommend that you stick to two leg parlays (commonly known as doubles) when you first start using the calculator. Because there are only two legs, doubles are the easiest parlay bets to get to grips with. You should only try out bets with three or more legs once you are confident that you know exactly how the calculator works and you are comfortable adjusting the fields.
As I outlined earlier in this article, different betting sites display their odds in different formats. All of the formats have pros and cons attached to them, and it would be wrong to suggest that one format is the best. However, it is vital that you decide which of the formats works best for you. Which do you find the easiest to understand? Which allows you to instantly assess value and find the best parlays?
Once you have got your answer, stick to that format whenever you are comparing odds. If you encounter sites that do not display odds in your preferred format, use our moneyline calculator to convert the odds before inputting the information into the parlay calculator. Having everything in the same format will make life considerably easier for you when comparing parlay returns and assessing value.
You can bet on basketball in several different ways. Aside from our parlay calculator, we also offer a number of other tools to help you find your ideal basketball wagers:
The basketball parlay calculator is fun to use and will greatly enhance your enjoyment of betting on the NBA. More importantly, it will enable you to easily find the best value NBA parlays, thus maximising your potential returns if you land a winning bet. In short, the parlay calculator needs to be an essential tool in your basketball betting kit. Enjoy!
An NBA parlay is a single basketball bet that incorporates multiple selections. The most popular type of NBA parlay involves placing moneyline bets on at least two games. Our basketball parlay calculator allows you to view your potential returns from these parlay wagers.
Because they combine markets, parlay bets have longer odds than standard single bets. This means that whilst they can be more difficult to win, they do offer much greater returns. If you use our NBA parlay calculator you can identify the parlays that offer the best betting value.
Yes. Whilst some sites charge you for using parlay calculators, all of the betting calculators at Ballislife are entirely free to use.
© 2005-2024 BALLISLIFE.COM - PO BOX 15355. IRVINE, CA 92623
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.