A parlay is a bet that combines multiple selections into a single wager that has a payout only when all parts win. Should a single wager lose, the payout is zero. The calculator supports moneyline odds that are popular in the US and decimal odds for customers in Canada. Enter odds for up to 20 teams to see the potential payout and the implied probability that your bet is successful. Work for all sports, including baseball, NFL, MMA and more. Visit Bet365.com to check out their Soccer parlay builder, remembering to enter the Bet365 bonus code if joining for the first time. For experienced users, we provide a Round Robin Parlay Calculator to help with advanced combination betting.
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Larger parlays are less likely to win but generate larger payouts when they do. The table below gives typical values of what you can expect when placing a parlay. For simplicity, it is assumed both teams have an equal chance of winnings and that the paid odds are -110 for each selection. The difference between the paid odds and the true odds is how the bookmaker earns a profit.
|Parlay Size||True Implied Probability||True Odds||Paid Implied Probability||Paid Odds|
A push, or tie, in a parlay means that leg will not count when your payout is calculated. It is counted as neither a loss nor a win. The odds for that leg will be calculated as 1.0 when working out your returns.
Multiple types of wager can be combined into a single bet with a Parlay, including Moneyline, spread bets, game total, and under/over bets. You can't combine bets on the same game with an outcome closely related at most bookmakers. These are called Correlated Parlays.
Accumulator Calculator - In the UK, the parlay bet is known as an accumulator. The calculations are the same, except the UK calculator has a few more advanced options, such as fold betting.
Single Bet Calculator - In Canada and America, the most popular bet types are singles and parlays. Use this calculator to work out the payout when you have only a single selection.
What is a Parlay (Accumulator)? - Learn more about the maths behind the parlay, complete with annotated winning and losing examples. Read about the advantages and disadvantages of this style of gambling.
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