Prompt Title: Soccer Parlay Techniques

Created 1 year ago
Votes 0
Views 284 times
0

Prompt Detail:

Creating a parlay formula in Excel requires gathering odds data and managing your selections to find the best combination. Here's a simple approach to building a parlay calculator using Excel:

  1. Set up the spreadsheet: Create a new Excel spreadsheet and label the columns as follows:

    • Column A: Match
    • Column B: Team 1
    • Column C: Team 2
    • Column D: Odds for Team 1
    • Column E: Odds for Draw
    • Column F: Odds for Team 2
    • Column G: Selection (your choice: 1, X, or 2)
    • Column H: Odds for Selection
  2. Input the data: Fill in the data for each match, including team names and odds for all possible outcomes (Team 1 win, draw, Team 2 win). You can gather this data from your preferred sportsbook or betting website.

  3. Make your selections: In the "Selection" column (Column G), input your choice for each match as either "1" (Team 1 win), "X" (draw), or "2" (Team 2 win).

  4. Calculate the odds for your selections: In Column H, use the following formula to display the odds corresponding to your selection:

    less
    =IF(G2="1", D2, IF(G2="X", E2, IF(G2="2", F2, "")))

    Copy this formula down the column for all your matches.

  5. Calculate the parlay odds: In an empty cell, use the PRODUCT function to multiply the selected odds together:

    scss
    =PRODUCT(H2:H[number of matches])
  6. Calculate the potential payout: In another empty cell, input the following formula to calculate the potential payout based on your wager amount (replace "your_wager" with the amount you want to bet):

    css
    =your_wager * ([parlay_odds_cell] - 1)

    Replace [parlay_odds_cell] with the cell reference where you calculated the parlay odds.

Now you have a simple Excel parlay calculator for football matches. You can input match data, make your selections, and see the potential payout based on the chosen parlay.

avatar
t
Shared 1 prompt
Created 1 year ago

Leave a Comment

Related Tag Prompts

0
0
Goal Betting Analyzer
1 year ago 2023-03-08 22:00:03 Ronny Wessel
0
0
Assessing Bookmakers: Guidelines
1 year ago 2023-03-13 18:26:39 Julia