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Parlay calculator: combined odds and potential payout

Add the odds of each selection and see the combined odds, potential payout and implied probability of your parlay. Free, no registration.

e.g. -110 or +150

Local calculation; nothing is sent or stored. A parlay pays only if every selection wins.

YOUR PARLAY

Potential payout
721.64
Potential profit
621.64
Combined odds
+622 · 7.216
Implied probability
13.86%

How a parlay is calculated

A parlay combines several selections into one bet. Its odds are the product of the decimal odds of every selection, so the payout grows quickly. It only pays if every selection wins; if one loses, the whole parlay loses. Most books remove a void selection and recalculate with the rest.

Combined decimal odds = odds 1 × odds 2 × … × odds n
Payout = stake × combined odds
Implied probability = 100 / combined odds

Example: 3 selections, stake of 100
SelectionAmericanDecimal
1−1101.909
2−1251.800
3+1102.100
Parlay+6227.216 → payout 721.64

More selections, much lower probability

Each selection you add multiplies the payout, but also multiplies the chances against you. In the example, the implied probability of the parlay is about 13.9%, well below any of its selections on its own. The book's margin also multiplies with every leg. This calculator only does the arithmetic; it does not recommend selections.

Educational content for adults aged 18 and over. Past results do not guarantee future outcomes. These tools describe arithmetic, not betting strategies or investment advice.

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