Our free parlay calculator lets you quickly input each leg of your sports betting parlay to calculate your profit and payout. To calculate your parlay odds you must multiply the individual odds of your parlay calculator together and to then calculate the winnings you combine those odds with. Use the parlay calculator to work out your winnings online for all sports. It supports moneyline odds, decimal odds, and you can enter up to 20 selections. How to Calculate a Parlay ; Wager = how much money you bet ; Moneyline = the value of the moneyline ; Payout = profit plus the amount you wager ; Wager = how much.
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Rewards subject to expiry. Must be 21 to participate. A parlay is a wager type in which multiple bets are linked together as one. A parlay is treated as one big bet, and every bet or selection within a parlay must-win for the parlay bet to payout.
If even one game loses, the parlay loses. Sportsbooks give you bigger and bigger payouts for adding more games to a parlay, but the probability of losing increases as well. It's more difficult to be right 5 times than 1. Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. So if you're parlaying three NBA Warriors , Lakers , and Miami Heat teams at - in American odds, your formula looks like this, since - in decimal odds is 1.
So you bet Packers against the Lions , Patriots vs. Because this parlay is somewhat likely to cash -- 3 favorite teams -- the payout ratio is lower. Sports betting operators have no influence over nor are any such revenues in any way dependent on or linked to the newsrooms or news coverage. Terms apply, see operator site for Terms and Conditions.
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