Parlay Calculator

Use this parlay calculator to combine multiple legs with American odds, see total parlay odds, implied probability and potential payout with one parlay odds calculator.
Parlay Bet Inputs
Enter your stake and American odds for each leg of the parlay bet
#1
#2

Enter American odds like -110, +150. The parlay calculator odds engine will combine all legs.

Build your first parlay

Enter your stake and American odds for each leg and let this parlay bet calculator combine all legs into one parlay payout estimate with clear parlay calculator odds.

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About this parlay calculator

This parlay calculator is a simple online parlay odds calculator that lets you input American odds for multiple legs and instantly see combined parlay payout and implied probability. It works as an odds calculator parlay bettors can use to compare different combinations of legs, lines and prices without doing manual math.

1

Enter parlay legs

Start by entering your stake and American odds for each leg. The parlay bet calculator treats each moneyline or spread price as an independent leg and then multiplies them together to get total parlay calculator odds in both American and decimal format.

2

Combine odds and payout

The parlay payout calculator converts each leg's American odds to decimal odds, multiplies them to get total parlay odds, then multiplies by your stake to show parlay payout and profit. That makes this parlay calculator odds tool useful for comparing straight bets to multi-leg parlays.

3

Implied probability

Because the odds parlay calculator shows implied hit rate for the full ticket, you can see how often a parlay would need to win to break even. This makes the parlay odds calculator a useful tool for bankroll management and understanding risk versus reward.

When to use a parlay calculator odds tool

  • Comparing straight bets and parlays: Use the parlay calculator odds view to see how much extra payout you get from combining multiple legs instead of betting them individually.
  • Changing the number of legs: The parlay payout calculator lets you quickly add or remove legs and see how each extra leg changes both payout and implied probability.
  • Testing different prices: Because this parlay odds calculator updates in real time, you can compare odds from different sportsbooks and see how better lines change the expected parlay payout.
  • Understanding risk: An odds calculator parlay tool highlights how fast implied probability drops as you add more legs, which helps you avoid unrealistic long-shot tickets.
Parlay Calculator FAQ

How does this parlay calculator work?

This parlay calculator and parlay odds calculator converts each leg's American odds into decimal odds, multiplies them together, and then applies your stake to show total parlay payout and profit. It works as a quick parlay bet calculator so you can test different combinations before placing a ticket.

What is the difference between this odds parlay calculator and a straight bet calculator?

A straight bet calculator only looks at one game or market, while this odds parlay calculator combines multiple legs. Because all legs must win for a parlay to cash, the parlay calculator odds and implied probability are very different from a single-game odds calculator.

How accurate is the parlay payout calculator?

The parlay payout calculator is mathematically accurate for the odds and stake you enter, but it assumes all legs are independent and that the listed prices are honored by your sportsbook. It cannot predict voided legs, boosted odds, bonuses or settlement rules that may change your final payout.

Can I use this parlay bet calculator for same-game parlays?

You can enter same-game parlay odds into this parlay bet calculator, but remember that true probabilities for correlated legs may be different from what a simple parlay calculator shows. Always treat results from any parlay calculator odds tool as estimates, not guarantees.

Does this parlay odds calculator give betting advice?

No. This parlay odds calculator is for information and education only. It helps you understand how parlay payouts and implied probabilities are derived, but it does not recommend which bets to place or how large your stake should be.