Parlay Estimator

What Is a Parlay? A parlay is a wager type in which multiple bets are linked together to create a greater payout. But since it’s treated as one big bet, every game in a parlay must win for the bet to win. If even one game loses, the parlay loses. A Parlay C alculator is a tool that works out your parlay wagers payout. It’s not an easy task to work out a two team parlay never mind 15! So a parlay calculator is an essential tool for all bettors. What is a Parlay? Follow the steps below to calculate your parlay bet: Enter your total stake in the Bet Amount field. Enter the odds of the first leg of your parlay bet in American format. Hit enter or click the plus icon to add the bet to your parlays. Using our parlay calculator, you would see that the parlay would return $126.80 at +2436 odds. You have already won the Lions, Giants, Patriots, and Cowboys bets. The Green Bay Packers play the Chicago Bears on Monday Night Football and you have two options: Let the parlay ride and hope the Packers win.

A parlay calculator is a betting tool that aids gaming investors find out the odds and results of a parlay bet. A parlay, also known as an accumulator, is 1 bet whose results are usually determined by 2 or even more underlying bets.

When successful, it offers greater returns to the investor since it links up many events for a higher payout. If the parlay is to win, each of the bets must win. If one happens to lose, then the whole bet ends up in a loss, regardless of the outcome of all the other games.

Parlay Calculator By Don Best

How Do Other Results Affect Parlay Results?

There are other results that can affect the parlay results such as:

  • A tie
  • Game postponement
  • Cancellation
  • An incomplete game
  • Rescheduling.

As long as there is no loss, the wagers typically revert to the next lowest number.

How to Use a Betting Odds Calculator

There are different options of the calculator found online. A majority is available free of charge. An example of a simple one is shown in the table below.

Team Odds
Team #10
Team #20
Team #30
Team #40
Team #50



Wager Amount

Payout $0

Ml Parlay Calculator


Reset All

When using a parlay odds calculator like the one above, all you need to do is enter the correct figure of odds in the table. In most cases, you are only allowed to enter numbers and nothing else.

Parlay Estimator Tool

From here, you will be required to type in the money lines for each bet you place as well as the total amount you would like to wager. Once everything is in place, just hit the calculate button. The payout field will give you the results of the amount that you will end up getting if each of the parlay games wins. If there are other parlay odds that you would like to calculate, just click on the reset all button and start the process all over again.

Parlay Estimator Meaning

There are some calculators that will give you choices on how to display all the odds such as:

  • Decimal odds
  • American odds
  • Fractional odds.

Parlay Estimator Calculator

It can be very confusing trying to calculate parlay payouts on your own mainly because you are dealing with multiple teams. There is no need trying to wreck your brain over this because you can simply use the beneficial calculators that will give you the total to expect in no time. Armed with these results, you can confidently head over to your preferred sportsbook to place a parlay bet.

1895 indian head penny error. If betting a favorite you must enter the line with a minus (-) sign at the beginning. If playing the dog, just enter the price, no + is necessary.

Do nothing with the boxes that are not included in your money line 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 Bet Amount, and click on 'Calculate Parlay'. The amount of a winning parlay wager will appear in the box next to Parlay Payout. Most NFL, NBA and NCAA College games are at -110.

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