Calculate Parlay Winnings

Posted : admin On 7/13/2022
Calculate Parlay Winnings Rating: 3,5/5 9724 votes
Bet Amount

A parlay is a single bet that links together two or more individual wagers for a high payout. For Fixed Odds Parlay, where the Standard Money Line is '-110', a 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, a five team parlay might pay 20/1 and a six team parlay might pay 40/1 and so forth, with the payouts getting higher with more teams. The Parlay Calculator will help you determine the expected payout for a given moneyline parlay bet. Parlay bets are a single bet that links together two or more individual wagers and are dependent.

  • $100
  • $200
  • $500
  • $1000
  • Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. Find out how much you'll win on any parlay.
  • The “To Win” output yields the profit produced if the Rays win. A $50 winning bet on the Rays yields $70 in profit and a $120 total return to the bettor ($70 profit plus the $50 original bet). Looking for other calculators to use when sports betting? Check out: Moneyline Calculator. Parlay Calculator. Kelly Criterion Calculator.

Winning a parlay. There are two instances when a parlay can be a winning bet. A parlay only wins if none of the sides, totals or moneylines selected is a loser. The parlay can still be a winner if a game is canceled or ends in a tie. The pay schedule will simply more down to the lesser payment.

Odds
If betting a favorite, enter the line with a minus (-) sign at the beginning
Payout
  • Big Game Special
  • Chiefs @ Bucs
  • NJ/PA/IN/TN/CO/WV/MI
  • Boosted from +333
  • Chiefs @ Bucs
  • PA/NJ/CO
  • 2 per week
  • Paid in Free Bet
  • Available in CO
  • Chiefs @ Bucs
  • Super Bowl
  • NJ/IL/IN/IA/CO
  • Boosted From +200
  • Super Bowl LV
  • NJ/PA/CO/IN/WV/TN
  • Boosted From +1100
  • Chiefs @ Bucs
  • IL/NJ/WV/IN/CO/TN/IA
  • Super Bowl Special
  • Plus Signup Bonus
  • PA/IN/IL/CO/MI
  • Free $30
  • NCAA Football
  • NJ/IN/PA

What is a Parlay?

A parlay is a bet that combines two or more picks for a larger payout than normal wagers at U.S. sportsbooks. All picks in a single parlay must cover in order to win the parlay bet. Covering five of six games in a six-team parlay counts the same as losing six of six games. Put simply, a parlay requires perfection.

With more risk comes more reward. Two-team parlays (or two-teamers) typically pay 2.6-to-1 and three-team parlays pay 6-to-1. You can add more picks for larger payouts. The payouts above are based on normal-juiced spreads (-110). However, not all spreads are juiced -110. For example, sometimes you will find a side or total -/+105 or -/+120, making parlay calculations a little more difficult. (Learn how to read lines here.)

Moreover, payouts are different when you parlay moneylines, which are particularly common when it comes to betting on the MLB, NHL, and MMA.

For example, look at this hypothetical $10 MLB parlay:

  • New York Yankees -210
  • Boston Red Sox -165
  • Over 8 -120 (Washington Nationals vs. Atlanta Braves)

Enter the price of each pick above (-210, -165 & -120) into the parlay calculator along with the wager size. If you entered everything correctly the payout should read $33.46. The heavy favorites in the parlay decrease the size of the payout.

Now look at this $10 parlay of NFL underdogs:

  • Philadelphia Eagles +180
  • Indianapolis Colts +250
  • New York Giants +365

Again, enter the parlay prices and the wager amount. This time the payout is $445.7 since the parlay consists of big underdogs.

Keep in mind, most sportsbooks do not allow correlated parlays. So you would not be able to parlay the Eagles moneyline and the Eagles spread together, since the Eagles covering the spread increases the odds of the Eagles winning the moneyline. You can often parlay an over/under bet with a spread or moneyline bet from the same game, but there are occasional restrictions depending on the numbers.

The parlay calculator, along with other sports betting tools for NFL, MLB, NBA & more, will help serious and recreational sports bettors alike save time and money as they navigate legal US sportsbooks.

A parlay is a single bet that links together two or more individual wagers for a high payout.

For Fixed Odds Parlay, where the Standard Money Line is '-110', a 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, a five team parlay might pay 20/1 and a six team parlay might pay 40/1 and so forth, with the payouts getting higher with more teams or totals selected.

No. of TeamsLas Vegas Payout Global Book Payout
213/513/5
36/16/1
410/112.28/1
520/124.35/1
640/147.41/1
775/191.42/1
8150/1175.44/1

How do you calculate Fixed Odds Parlay Bets Payout:

Let's assume that a patron would like to bet 100.00 for a 2 team parlay. The fixed odds for it would be 13/5.

Calculate

Standard / Fixed Odds Parlay Calculator based on Las Vegas Payout!

True Odds Parlay Calculator based on Global Sportsbook Odds!

Parlay

Don Parlay Calculator

Useful for both Negative '-' and/or Positive '+' Money Lines, including Single Straight Bets!

NOTE:Parlay

If betting a favorite, you must enter the line with a minus (-) sign at the beginning. If betting the underdog, money line with a plus (+) sign at the beginning is not required.

Teaser Bet Calculator!

Football parlay calculator A teaser bet is a bit of a parlay bet, which allows players to reduce their risk. A teaser bet offers the opportunity to bet on point spreads or game totals, and then “tease” or adjust the line to give them a better chance of winning.

.:: Need To Know ::.

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.

Calculate Parlay Winnings Value

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.