3) One advantage parlay betting does have is you can forecast how one game will play out and fill two legs of a two team parlay with the spread and total, making it a correlated parlay. Correlated parlays can work to the bettor’s advantage. The most common correlated parlay is betting the underdog and the under or the favorite and the over. A parlay bet is one of the most popular forms of sports betting. What's great about parlays is that sports bettors can bet on two or more point spreads, OVER/UNDERs or Moneyline Bets, earning a higher payout if all of their picks win as opposed to making a single bet on each one individually. What Is A Parlay.
Find the odds of winning your sports bet parlay with the free parlay calculator (with push) below.
Top Online Parlay Sportsbooks – Best Parlay Sportsbook & Odds. Bettors are always looking for the best bang for their buck. One of the ways to do this is to make a parlay wager. The parlay calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected.
Enter your wager amount and odds (yellow fields) for each leg of the parlay and you will see your potential profit, equivalent American and Decimal odds, as well as the implied win probability of your parlay bet. Easy slots to play free online.
For a single bet, enter odds in American format. A minus sign (-) indicates a favorite while a plus sign (+) indicates an underdog.
Moneyline odds are the most common bets in a parlay, however you can select any type of bet. A money line bet is a wager on which team you think will win. Therefore money line bets are the most straight forward and easiest to interpret, especially when there are multiple in a parlay.
You can also check the Push boxes if your bet has pushed. Checking this box will adjust the parlay odds to account for the fact that you have pushed a given bet.
A “push” or tie, means that your bet will not cause your parlay to be graded as a loss. Instead that leg of the parlay will basically be ignored when calculating the payout of your parlay.
A bet could push if you bet on a point spread or total that hit exactly. For example, if the New York Knicks were +8 against the Los Angeles Lakers and lost by exactly 8 points, that would be a push.
|Number of Bets in Parlay||Fair Payout (-110 Odds)||Fractional Odds||Fair Payout on a $10 Bet||Implied Win Probability|
|2 Team Parlay||3.64||2.64/1||$36.45||27.4%|
|3 Team Parlay||6.96||5.96/1||$69.58||14.4%|
|4 Team Parlay||13.28||12.28/1||$132.83||7.5%|
|5 Team Parlay||25.36||24.36/1||$253.59||3.9%|
|6 Team Parlay||48.41||47.41/1||$484.13||2.1%|
|7 Team Parlay||92.42||91.42/1||$924.24||1.1%|
|8 Team Parlay||176.45||175.45/1||$1,764.46||0.6%|
|9 Team Parlay||336.85||335.85/1||$3,368.52||0.3%|
|10 Team Parlay||643.08||642.08/1||$6,430.82||0.2%|
1. Convert all bets to decimal odds
2. Multiply the decimal odds of each bet together
3. Convert combined decimal odds back to American odds
Your parlay pay out will depend on the odds and bet amount of each leg of your parlay. You can use the parlay calculator above to see exactly how much your parlay will pay given the odds of each bet in the parlay.
A 10 team parlay will pay out 643 times your wager amount assuming each leg of the parlay has -110 odds. For example, if you place a $10 bet on a 10 team parlay, your pay out would be $6,430.
A $20 two team parlay pays $72.89 assuming both legs of the parlay were bet at -110 odds. This would result in a profit of $52.89.
When one leg of a parlay pushes (“ties”), then that bet is essentially excluded from the parlay without making the whole bet a loss. When calculating the parlay odds, that bet will essentially be removed from the equation.
No, you can parlay almost any bet type. Money line bets are the most common, however you can also include point spreads, totals, props, etc.