Betting Calculators
Parlay Calculator
Calculate combined odds and payouts for multi-leg parlay bets. Popular in US sports betting. Supports win, lose, and push outcomes for each leg.
How to Use This Calculator
- Select your odds format (Decimal, Fractional, or American)
- Enter your total wager
- Enter the odds for each leg of your parlay
- Set the outcome for each leg (Win, Loss, or Push)
- Click Calculate to see combined odds, total payout, and profit
Use the “+ Add Leg” button to add more selections to your parlay.
Formula
Combined Odds = Leg 1 × Leg 2 × … × Leg N (in decimal format)
Total Payout = Wager × Combined Odds
Profit = Total Payout - Wager
A push (tie) removes that leg from the parlay and reduces it by one leg.
Frequently Asked Questions
What is a parlay bet?
A parlay (also called an accumulator) combines multiple selections into one bet. All selections must win for the bet to pay out. The odds multiply together, creating higher potential payouts.
What happens if one leg pushes?
A push (tie) removes that leg from the parlay. A 4-leg parlay with one push becomes a 3-leg parlay. The pushed leg is treated as odds of 1.0.
What happens if one leg loses?
If any leg of the parlay loses, the entire bet loses. That is the risk of parlays — all legs must win (or push) for any payout.
Are parlays profitable long-term?
Parlays generally have a higher house edge than individual bets because the bookmaker margin compounds with each leg. They are high-risk, high-reward bets best used selectively.