Parlay Payout
Using the Parlay Calculator for How Much Does a Number of Teams Pay
Apr 06, 2020 Calculating parlay payouts is a complicated process that requires figuring out implied odds. To simplify things, let's use two sides that are both priced with (-110) odds. Those lines convert to. Similarly, you multiple the individual odds of the Moneyline selections to find the parlay odds. This is often easier done when using decimal odds, for example, a three-team parlay with each selection at odds of 3.0 would be calculated by 3.0 x 3.0 x 3.0 for 27.0 or 27-1 parlay odds. NFL parlay picks. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. Find out how much you'll win on any parlay.
Our free parlay calculator above will help you figure out the payouts you should be receiving once you enter the odds on each one of your bets. Using the parlay calculator is extremely easy.
All you have to do is type in the money lines for each one of your wagers (most spread bets will be -110) and then enter the amount you want to bet on the parlay. Once you hit Calculate the payout field will populate with how much you are going to win if every leg of your parlay hits.
For example. Let’s say you want to be a $100 4-team parlay on the Packers -7 -110, Patriots -8 -110, Steelers +3 -120, and the Lions +3 -115. In Team #1 I enter -110, Team #2 -110, Team #3 -120 and Team #4 -115. Leave the rest at 0. Then in the wager amount enter 100.
Once you hit calculate the payout should display 1149.21. This means that your $100 4-team parlay on those teams should earn you $1,149.21 when it hits!
Parlay Payouts & House Edge Depending on Number of Games
Parlay Odds Table
| # of Teams | Actual Odds | Las Vegas Payout | Online Payout |
|---|---|---|---|
| 2 | 3/1 | 2.6/1 | 13/5 |
| 3 | 7/1 | 6/1 | 6/1 |
| 4 | 15/1 | 10/1 | 12.28/1 |
| 5 | 31/1 | 20/1 | 24.35/1 |
| 6 | 63/1 | 40/1 | 47.41/1 |
| 7 | 127/1 | 75/1 | 91.42/1 |
| 8 | 255/1 | 150/1 | 175.44/1 |
| 9 | 511/1 | 300/1 | 335.85/1 |
| 10 | 1027/1 | 700/1 | 642.08/1 |
What is a Parlay?
A parlay is a single bet that links together multiple events for a higher payout. The more teams that you tie together the higher your payout is going to be, but the risk also grows since if just one of your legs loses, the bet is a loser. It doesn’t matter what happens in the other games.
Parlay Payout Odds
If one leg of your parlay ties, pushes, is cancelled due to postponement, cancellation, rescheduling, then the wager reverts to the next lowest number. For example a 3-team parlay with a push gets graded as a 2-team parlay with the other two legs.