Wager Mage
Wager Mage
Photo: Breno Santos
For example, if you bet $10 on 4.0 odds, the total amount returned on a winning wager would be $40 ($10x4). The potential profit is $30, or $10x4 minus the $10 stake.
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If a bet has gone south and the bettor doesn't feel there's a good chance of winning, electing to Cash Out of the wager can cut the loss to a...
Read More »TwinSpires Sports Betting Odds Calculator Take the guesswork out of sports betting with our TwinSpires Sports odds calculator. Quickly figure out how much money you can win on a potential bet by inputting the amount you want to wager, along with specific odds on a single or multi-leg parlay event. Odds Calculator Reset Bet Amount Bet Type Single Bet Single Bet Parlay American Odds Decimal Odds Fractional Odds Implied Odds To win $ 0.00 Payout $ 0.00 BET NOW How to use the TwinSpires Sports odds calculator The TwinSpires Sports odds calculator can compute several types of odds, including American odds, decimal odds, fractional odds, and implied probability. To use the calculator, simply type in your bet amount and select your bet type — whether a single bet or a parlay — and insert the odds you want to calculate. For example, if you want to bet $100 on the Cincinnati Bengals’ moneyline odds and know their American odds (+285), insert those odds into the calculator. The calculator will automatically update to show you the decimal odds (3.85), fractional odds (57/20), and implied probability (25.97%). If you are satisfied with the calculation and would like to place a real money wager, simply click on the blue "BET NOW" button and select your state from the dropdown menu. You will then be taken directly to the main page of the corresponding sportsbook where you can browse multiple sports and markets. How to calculate a parlay A parlay is a type of wager in which you can link two or more bets into a single wager to boost your potential payout. To calculate a parlay, click the dropdown menu under bet type and select "Parlay." You can then type in the odds of each leg you want to bet to find the total potential payout. For example, let’s say you want to wager $50 on the Houston Rockets’ +130 moneyline odds and the Los Angeles Lakers’ +270 moneyline odds in a two-leg parlay.
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Read More »An unnamed FanDuel user might now be the world's biggest Coke Zero fan. The person submitted a $13.49 free bet parlay on FanDuel from a promotion on the Coke Zero 400 Nascar Race on Sunday that won, netting the user nearly $1 million.
An unnamed FanDuel user might now be the world’s biggest Coke Zero fan. The person submitted a $13.49 free bet parlay on FanDuel from a promotion on the Coke Zero 400 Nascar Race on Sunday that won, netting the user nearly $1 million. Most sites like FanDuel, Draftkings Inc DKNG, MGM Resorts International MGM and Caesars Entertainment Inc CZR will offer free bets to users to capture market share. Ben Fawkes, a content producer at VSiN, shared a screenshot of the bet slip and confirmed the bet is legitimate. Other Twitter accounts claimed the bettor is from Michigan, but at press time it does not look like the winner has been identified. The bet was a four-leg parlay, meaning all four bets needed to hit for the bet to win. If just one of the four bets would have lost, the whole bet would have been worthless. All the bettor’s picks were for different drivers to finish in the top 10. He had Cody Ware +2000, B.J. McLeod +2000, Landon Cassill +1500 and David Ragan +950. The total payout on the bet was $999,433.63. Of course, the bettor will be taxed on the winnings, but that’s a good problem to have.
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For example, pairs of twos, threes, and sevens should be split when the dealer shows a relatively low card. If the dealer has an eight or better...
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