What is Mix Parlay Betting? How to Calculate Soccer Mix Parlay

Football betting not only includes simple betting forms such as European odds, Asian odds, or over/under, but also more advanced forms of betting for professional players. Mix parlay betting is considered an attractive form of betting; players win large amounts of money with a small amount of capital. However, if you do not understand the rules of the game and how to calculate the odds, players may face high risks when participating in this type of betting. In the article below, EZJILI will help you learn in detail about mix parlay betting.

What is Mix Parlay Betting Soccer?

Mix Parlay Betting is a form of betting in which players combine multiple matches into a single bet. Each bet in the parlay must win for the player to receive a bonus. If only one match in the parlay loses, the bet will be invalid, and the player will lose the bet amount.

Advantages of parlay bets:

• High payout ratio: With only a small amount of capital, if the player wins, he can receive many times more money than a single bet.
• Flexibility in choosing bets: Players can combine types of bets, such as Asian bets, European bets, and over/under bets.

Disadvantages of parlay bets:

High risk: If only one bet loses, the entire parlay ticket will be lost.
Requires a lot of experience: Players must have the skills to analyze bets and reasonable tactics to increase the winning rate.

Mix Parlay Betting Rules in Soccer

How to Calculate Parlay Bets for Asian Handicap and Over/Under

When placing a parlay bet with Asian Handicap and Over/Under, players need to understand the calculation formula as follows:

Odd parlay = Goal odds coefficient x [(odds coefficient won ½ – 1)/2] x ½ (if the bet loses half) x 1 (if the bet is a draw) x … odds coefficient value n.

In which:

• If a bet in the parlay wins ½, the calculation formula will be: [(Odds ratio -1)/ 2] + 1.
• If any bet in the parlay loses ½, the entire parlay coefficient will be divided in half.
• If a bet is a draw, that coefficient will be equal to 1 and will not affect the remaining bets.

How to Calculate Parlay Bets for European Handicap

European odds are easier to calculate than Asian parlay bets. Players need to multiply all the odds together to get the final result:

Odd odds = Betting odds 1 x betting odds 2 x betting odds 3x … x betting odds value n.

For example:

You bet on 3 matches with European odds 2.0, 2.5, 3.0
The calculation formula will be: 2.0×2.5×3.0=15.0
This means that if you bet 100 USD, the winning amount will be 1500 USD if all three bets win.

Mix Parlay Betting Experience

Have a firm grasp of the rules of the game as well as the rules of parlay betting

• Understand how to calculate parlay odds: Many players often confuse the calculation of European and Asian parlay odds. Before participating, make sure you know how the bookmaker calculates the winnings to avoid unnecessary mistakes.
• Choose a reasonable number of matches: You should not parlay too many matches; the more matches, the lower the winning rate. Advice from experts is to choose 2-4 with high winning rates to combine into parlays.
• Prioritize choosing European odds over Asian odds: European odds have a simpler calculation and are less risky; Asian odds are easily affected by factors such as winning half the money or losing half the money, causing the parlay odds to decrease.

Make an effort to improve your sports betting knowledge

• Learn about the teams carefully: Don’t just look at the rankings, consider the form, head-to-head record, tactics, and lineups of the two teams.
• Follow the latest news: Factors such as weather, injuries to key players, and tight schedules can affect the outcome of a match.
• Learn from the experts: Follow the odds analysis from football experts or reputable betting forums for more objective perspectives.

Only bet on parlays in 1 match

Instead of combining many different matches into one parlay, try parlays in the same way by combining bets such as:

• Asian handicap + over/under
• European handicap + total number of corners
• Handicap + number of cards

This way of betting helps you reduce risks and makes it easier to analyze. You only need to focus on a single match.

Choose the right time to place a parlay bet

If you find that a bet in a parlay is at risk of losing, run the parlay by placing the opposite bet to minimize the risk.

The best time to run a cross bet is after about the first 30 minutes of the match, when the game is clear and the odds have fluctuated reasonably.