A parlay is a single bet that links together two or more individual wagers for a high payout.
For Fixed Odds Parlay, where the Standard Money Line is '-110', a 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, a five team parlay might pay 20/1 and a six team parlay might pay 40/1 and so forth, with the payouts getting higher with more teams or totals selected.
A teaser bet is a lot like a parlay bet, all of the games you picked must win in order for you to win. As well because you are 'buying' points, the win return is smaller. Use our Teaser Calculator to determine the outcome of any particular teaser combination. Our Teaser Calculator allows. How to Use the Parlay Calculator Enter your wager amount and odds (yellow fields) for each leg of the parlay and you will see your potential profit, equivalent American and Decimal odds, as well as the implied win probability of your parlay bet. For a single bet, enter odds in American format. Ignore the boxes that are not included in your parlay (leave '0' in each box; they will not be factored into the parlay). Enter the amount of your wager in the box next to 'Amount($)' and click on 'Calculate'. The amount of a winning parlay wager will appear in the box next to 'Payout'. Note: The 'Payout' does not include the amount wagered.
| No. of Teams | Las Vegas Payout | Global Book Payout |
|---|---|---|
| 2 | 13/5 | 13/5 |
| 3 | 6/1 | 6/1 |
| 4 | 10/1 | 12.28/1 |
| 5 | 20/1 | 24.35/1 |
| 6 | 40/1 | 47.41/1 |
| 7 | 75/1 | 91.42/1 |
| 8 | 150/1 | 175.44/1 |
How do you calculate Fixed Odds Parlay Bets Payout:
Let's assume that a patron would like to bet 100.00 for a 2 team parlay. The fixed odds for it would be 13/5.
- The Parlay Calculator indicates how much money sports bettors can win if they placed a bet on a certain number of games. For example; if I were to place a $20 wager on 3-teams football parlay at -110 money line odds, my parlay payout would be $119.16.
- How to Use the Parlay Calculator Enter your wager amount and odds (yellow fields) for each leg of the parlay and you will see your potential profit, equivalent American and Decimal odds, as well as the implied win probability of your parlay bet. For a single bet, enter odds in American format.
Standard / Fixed Odds Parlay Calculator based on Las Vegas Payout!
True Odds Parlay Calculator based on Global Sportsbook Odds!
Useful for both Negative '-' and/or Positive '+' Money Lines, including Single Straight Bets!
NOTE:If betting a favorite, you must enter the line with a minus (-) sign at the beginning. If betting the underdog, money line with a plus (+) sign at the beginning is not required.
Teaser Bet Calculator!
A teaser bet is a bit of a parlay bet, which allows players to reduce their risk. A teaser bet offers the opportunity to bet on point spreads or game totals, and then “tease” or adjust the line to give them a better chance of winning..:: Need To Know ::.
In order for the parlay bet to win, every one of the wagers must win or push (tie).
If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number.
For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet.
A parlay is a single bet involving two or more teams in which all teams (individual wagers placed) must win. If one team fails to win, the parlay bet automatically loses.
If one of the wagers in your parlay card pushes or ties, it would revert to the next lowest payout odds. An example would be a four-team parlay becomes a 3-team parlay. The push is simply thrown out.
The more teams you place in a parlay bet, the better payout odds you will receive. Use the parlay calculator below to easily calculate the odds you would receive of up to ten teams or players.
How to Use the Parlay Calculator
Calculate Parlay Winnings Value
Calculate Parlay Winnings
Baseball Parlay Calculator
5. This parlay calculator is for money lines only.
Parlay bets are difficult to win with the more teams you play. Make sure to keep them to a minimum as high payout odds are unlikely and offered by sportsbooks for this reason.
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