Parlay calculator
Enter the odds on each leg and your stake to see the payout, the combined odds and how often every leg would have to hit.
- Combined odds
- +596 (6.96 decimal)
- Implied chance
- 14.4%
- Each leg needs to win
- 52.4%
Every leg has to win; a push usually drops that leg and reprices the rest. Pick'em apps pay fixed multipliers instead: see the DFS payout calculator.
How it works
A parlay multiplies its legs' decimal odds together. That's why a better price on even one leg moves the whole payout: shopping one leg from -120 to -105 on a 3-leg parlay adds about 6.5% to what it pays.
The combined price also stacks every leg's margin, so a parlay usually holds much more than a single bet. The "each leg needs to win" figure is the average win rate per leg at which the parlay breaks even.
Questions
How is a parlay payout calculated?
Turn each leg's odds into decimal odds and multiply them together; the product times your stake is the payout. Three legs at -110 are 1.909 × 1.909 × 1.909 = 6.96, so a $10 parlay pays $69.58 ($59.58 profit), about +596.
What are the odds of a parlay hitting?
At the book's prices, 1 divided by the combined decimal odds: about 14.4% for three -110 legs. The real chance is a little lower, because every leg's price includes the book's margin and parlays stack it.
What happens if a leg pushes?
Most sportsbooks drop the pushed leg and pay the parlay on the remaining legs, so a 3-leg parlay with one push pays as a 2-leg. Check your book's house rules: some grade a push in a 2-leg parlay as a straight bet.
Is a parlay the same as a PrizePicks entry?
No. A sportsbook parlay pays the product of each leg's odds, so the price on every leg matters. Pick'em apps pay a fixed multiplier for the number of picks; the DFS payout calculator handles those.
Read next
Get the best price on every leg
Betravon shows every book's price on each player prop, so each leg of your parlay is at the best number available.