Parlay calculator
$100.00 on a −110, +150 and −200 parlay returns $715.91 ($615.91 profit), at parlay odds of +616. At those prices, all 3 legs win 14.0% of the time.
A parlay pays the stake times every leg’s decimal odds multiplied together. Every leg has to win; a pushed leg drops out and the parlay is paid on the legs left. Type each leg’s price to see the payout, the parlay’s odds and how often every leg wins at those prices.
What this parlay pays
- Parlay odds
- +616
- 7.16 in decimal odds
- $100.00 returns
- $715.91
- $615.91 profit
- Chance all 3 legs win
- 14.0%
- 1 in 7.2 at these prices
Leg by leg: the payout grows as the chance shrinks
| Leg | Price | Its chance | Parlay so far | Chance all so far win | $100.00 straight bet profits |
|---|---|---|---|---|---|
| Leg 1 | −1101.91 | 52.4% | 1.91 | 52.4% | $90.91 |
| Leg 2 | +1502.50 | 40.0% | 4.77 | 21.0% | $150.00 |
| Leg 3 | −2001.50 | 66.7% | 7.16 | 14.0% | $50.00 |
| All 3 | +6167.16 | 7.16 | 14.0% | $615.91 |
What a winning ticket returns
- $10.00 ticket$71.59$61.59 profit
- $25.00 ticket$178.98$153.98 profit
- $50.00 ticket$357.95$307.95 profit
- $100.00 ticket$715.91$615.91 profit
Questions about the parlay calculator
How is a parlay payout calculated?
Turn each leg’s price into decimal odds (the odds converter shows any price that way), multiply them together, and multiply by the stake. That is what a winning ticket returns; the profit is the return less the stake. The parlay’s American odds come from the same product.
What happens to a parlay when one leg pushes?
At most books a pushed or voided leg drops out and the parlay is paid on the legs left, so a three-leg parlay with one push pays as a two-leg parlay. Tick Pushed on that leg to see the new payout. House rules differ, especially for same-game parlays, so check your book’s rules.
What are the chances my parlay wins?
At the book’s prices, the chance every leg wins is one divided by the parlay’s decimal odds. That chance still has each leg’s margin in it, so it is the price’s break-even rate, not a fair chance. To see the chance and expected value with your own probabilities, or with the margin taken out, ask Kelly.
Why do parlays pay more than the same bets placed one by one?
Every leg has to win, so the chance of a winning ticket falls with each leg and the payout rises to match. The book’s margin on each leg is multiplied too, so its edge on the ticket is larger than on any single leg. The leg-by-leg table above shows both: the parlay’s odds rising as the chance every leg wins falls.
Does this work for same-game parlays?
It works out what a same-game parlay would pay if its legs were unrelated. Legs from one game often move together, and books price same-game parlays with that in mind, so the book’s price can differ from this product. Kelly can analyse a same-game parlay with its legs’ correlations in chat.