Parlay Odds Calculator

Parlays

In a parlay, you pick 2 or more teams and/or totals (over/unders) and if one of your picks loses, you lose the entire number of shares risked. If all your picks win, then you win an amount that depends on how many picks are in your parlay and what the odds are on each pick. It works as if you took all the picks in series, one after the other, and put all the winnings (including the risked amount) from the 1st pick on the 2nd pick, and all the winnings from the 2nd pick on the 3rd pick, and so on.

So for example, say you risk 1 share on a 3 pick parlay and each pick is at even odds (+100). You'll win 1 share on the first pick, 2 shares on the 2nd pick and 4 shares on the 3rd pick. Your 1 share plus the 7 shares won, turns into 8 shares. You can confirm this using the calculator above.

Ties

If 1 of your legs ends in a tie, or push, and the rest then the odds on your parlay goes down by 1 pick. For example, if your 3 team parlay includes 2 winners and 1 tie, then you will win based on the odds of a 2 pick parlay. If your 6 pick parlay includes 4 winners and 2 ties, then you win based on the 4 pick odds.