Sports Parlay Calculator

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.

In order for the parlay bet to win, every one of the wagers must win or push (tie). If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number. For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet.

The resulting wager will have the same risk amount with the win being calculated to reflect the odds of the remaining team (Example: On a two team $100 parlay with team A +110 and team B -110 if A ties and B wins the resulting wager will be a straight play on B risking $100 to win $91).

• Parlays with spreads and totals at standard -110 odds, use the Fixed Odds Table.
• Parlays with spreads and totals with odds not at the standard -110 value, use the True Odds Calculator.

How to Use the Parlay Calculator

Step 1: Enter the price, you do not have to enter the plus sign. ( Enter favorite prices with the minus sign Example (-110) )
Step 2: Do not enter a factor.
Step 3: Enter the amount of your bet.
Step 4: Hit the Calculate parlay button

The Underdogs are a bit easier

The parlay factor is: (money line + 100) / 100. That is, if you also like Cincinnati with Q starting at +115, then Cincinnati parlay factor would be (115+100)/100 = 2.15.

If, however, one of the individual plays is a “push,” then the parlay is still on for the remaining plays. A three play parlay would become a two play parlay; a two play parlay would become a straight bet, with corresponding reductions of the payoff.

Why bet on a sports parlay and not make several individual bets? The payouts for parlays are significantly higher than for individual bets. But remember, since every one of the individual plays must win, it’s an all-or-nothing bet. If you win two out of three plays, the parlay still loses, whereas you would have won those two plays as individual straight bets. You are given better odds because predicting the outcomes of several plays together is significantly more difficult than predicting any individual play.

To make it even simpler, use our Sportsbook Parlay Calculator above.

Enter the amount of your bet and the money line for each team. If betting a favorite, you must enter the line with a minus (-) sign at the beginning. When ready, press the “Calculate” button to see your winnings.

FIXED ODDS PARLAY TABLE