At long last, sports bettors who love parlays but hate the long-term losing trend most of them produce finally have a solution: The new Parlay Generator inside the Portfolio EV tool on the OddsShopper app. If you’re trying to figure out how to win parlays without manual effort, this parlay betting tool is your new secret weapon. Here’s everything you need to know about how it works — and why it’s a game-changer.
NEW Parlay Generator: How to Win Parlays With Our Betting Tool
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1. Set Your Bankroll
In the top right of the Top Bets tool, you’ll find a bankroll input field. This is the first thing you want to set correctly. The tool will default to $1,000, but if your actual bankroll is different, update it accordingly. Bet sizing recommendations for each parlay are directly tied to your bankroll. Staying consistent here ensures that you’re sizing +EV bets correctly and avoiding the classic mistake of overbetting parlays.
2. Select the Book and Portfolio
The Generator only uses bets from the portfolios you’ve activated. So if you only want parlays from, say, DraftKings NBA, just activate that portfolio. This ensures that all legs in the parlay are available on the platform you’re actually betting on.
3. Customize Your Parlay Settings
Once you’re inside the Parlay Generator:
- Tap “Parlays” in the bottom right of the tool.
- Set the number of parlays you want to generate (e.g., 10).
- Choose how many legs each parlay should have (e.g., 3).
- Set a “Place Bet Count” cap. This limits how many times any single leg can appear across all the parlays. For example, setting it to 2 ensures no single leg is used more than twice, which is great for diversification and risk management.
Then just tap “Generate Parlays.”
4. Evaluate and Bet
Each parlay comes back with:
- Total odds (e.g., +1010 or +713)
- Aggregate EV% (e.g., 15–20%+)
- Recommended bet size based on your bankroll, EV and win probability
You’ll also see color-coded indicators on the quality of each leg, helping you quickly assess whether a parlay is built on strong foundations.
If you like what you see, just tap “Bet” and it’ll pre-load the parlay into your bet slip. Match the odds, confirm the book and you’re good to go.
Bonus Feature: Boost Integration
Got a parlay boost from DraftKings or FanDuel? You can add the boost percentage directly into the Parlay Generator and it will re-calculate your odds and updated EV.
For example, a parlay at +1000 might jump to +1308 with a 30% boost, and the tool reflects that value increase in real time.
Follow the Bet Sizing
This feature is powerful, but it still requires discipline.
Do not ignore bet size recommendations. They’re there to keep your risk aligned with your edge. Reckless parlay betting — even on +EV legs — can still sink your bankroll if improperly sized. The tool already does the heavy lifting; your job is to execute smartly.
Final Thoughts
The new Parlay Generator inside Portfolio EV isn’t just another convenience feature; it’s a strategic weapon. Whether you’re fighting limits or just want to win more often while still betting parlays, this is one of the smartest additions we’ve ever rolled out.
Try it with a solid bankroll plan, trust the algorithm and enjoy watching your parlays go from longshots to sharp edges.
