Parlay Calculator

Selection 1: Decimal odds of 1.80
Selection 2: Decimal odds of 2.20

Parlay odds: 1.80 × 2.20 = 3.96
With $10 stake:
Potential return: $10 × 3.96 = $39.60
Potential profit: $39.60 - $10 = $29.60

Selection 1: Decimal odds of 1.50
Selection 2: Decimal odds of 1.75
Selection 3: Decimal odds of 2.00
Selection 4: Decimal odds of 1.90

Parlay odds: 1.50 × 1.75 × 2.00 × 1.90 = 9.98
With $10 stake:
Potential return: $10 × 9.98 = $99.80
Potential profit: $99.80 - $10 = $89.80

Use parlays for small stakes that you're comfortable losing. The appeal is the potential for a large return from a small investment.

Look for bets that might be correlated (when one outcome increases the likelihood of another). Some bookmakers allow these, while others don't.

Instead of one large parlay, consider breaking your selections into multiple smaller parlays to increase your chances of winning something.

Limit parlay bets to a small percentage of your bankroll (1-2% maximum). Their high-risk nature means you should expect to lose more often than you win.

The more selections in your parlay, the less likely it is to win. Consider limiting parlays to 2-4 selections for a better balance of risk and reward.

Only include selections that you believe offer value individually. A parlay of value bets can sometimes offer positive expected value overall.

Many bookmakers offer cash out options for parlays. If most of your selections have won, consider securing a profit rather than risking it all on the final leg.

The basic parlay where all selections must win for the bet to pay out. This is the most common type.

Popular in football and basketball, teasers allow you to adjust the point spread or total in your favor, but with reduced odds.

The opposite of a teaser. You adjust the point spread or total against your favor for increased odds.

Creates multiple smaller parlays from a set of selections. For example, a round robin with 3 teams might create three 2-team parlays.

Combines multiple bets from the same game. These are popular but often have reduced odds due to correlation between outcomes.

Offers reduced payouts if one or more selections lose, rather than losing the entire bet. This provides some insurance but with lower potential returns.

A series of bets where each bet is only active if the previous bet wins. This differs from a parlay as each winning bet returns stake plus winnings.

Some bookmakers offer parlays with conditions, such as "Push on Loss" where if one selection loses, the stake is returned rather than losing the entire bet.