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Parlay calculator: odds, payout and chance
A parlay multiplies the odds of every leg. Enter two to four legs and a stake to see the payout and the probability the price implies.
No. 1 Our pick
Prime Sports Funded One step, not a chain of phases
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1 Game time
Your legs, your payout
Enter at least two legs. Odds can be American (-110) or decimal (1.91); leave legs 3 and 4 blank if you do not need them.
Other calculators: risk of ruin, Kelly, hedge and odds.
2 The stat sheet
Why the legs multiply
Unrelated legs Parlay odds = odds of leg 1 × odds of leg 2 × …
Three legs at -110 (1.909 each) multiply to about 6.96: $10 returns $69.58. The price implies a 14.4% chance. If you win each pick 55% of the time, your real chance is 0.55 × 0.55 × 0.55, or 16.6%.
Each leg also carries the sportsbook's margin, and the margins compound. The parlay betting guide works out how much.
Every leg you add multiplies the payout and the risk.
The turning point
Phases chain like legs
A challenge with several phases works like a parlay: every phase has to pass, and the chances multiply. Prime Sports Funded asks for one step at +35%, with no time limit.
Prime Sports Funded +35% in one step, no time limit
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Frequently asked questions
How are parlay odds calculated?
Convert each leg to decimal odds and multiply them. Three legs at -110 (1.909 each) give about 6.96, or +596 in American odds.
What does the implied probability of a parlay mean?
It is 1 ÷ the combined decimal odds: the chance the price assumes, margin included. Your real chance is the product of each leg's chance, if the legs are unrelated.
What happens if one leg pushes?
At most sportsbooks, the leg is dropped and the parlay pays on the remaining legs. Check your sportsbook's rules before you bet.
The verdict
One leg to get funded
The 5,000 challenge costs €81.75 with code PROMO25, down from €109.
Prime Sports Funded No. 1 in our standings
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