Parlay Calculator

Calculate your parlay payout instantly. Add legs with American odds to see your total payout, profit, and combined odds.

Parlay Legs

Results

Total Payout
Profit
Combined Odds
Implied Probability

How Parlay Bets Work

A parlay combines two or more individual bets into a single wager. All legs must win for the parlay to pay out. The advantage is a much higher potential payout than betting each leg individually — but the risk is also higher, since one loss means the entire parlay loses.

How We Calculate It

Each leg's American odds are converted to decimal odds. All decimal odds are multiplied together to get the combined decimal odds. Your payout equals your stake multiplied by the combined decimal odds.

  • Positive odds (+150): Decimal = (odds / 100) + 1 = 2.50
  • Negative odds (-110): Decimal = (100 / |odds|) + 1 = 1.909

Get the Edge with Optimal Bet

Our app scans sportsbook pricing across the market to expose inefficiencies and uncover +EV edges. We compare odds, surface high-value opportunities, and deliver precision alerts so you can move with conviction.