Parlay Calculator

Combine leg prices to see the true parlay odds, implied probability, profit, and payout.

Parlay legs

Combined price

American odds

+826

Decimal odds

9.261

Implied probability

10.80%

Profit

$826.10

Total payout

$926.10

How to use the Parlay Calculator

Parlay odds multiply the decimal prices of every leg. The payout grows quickly, but the ticket loses when any required leg fails.

  1. 1Add each parlay leg and enter its odds.
  2. 2Enter your total stake.
  3. 3Review combined odds, implied probability, profit, and payout.

Formula and assumptions

Combined decimal odds = decimal odds leg 1 × leg 2 × every additional leg.

The result assumes every leg is accepted and independent. Sportsbooks may adjust correlated parlays or restrict certain combinations.

Parlay calculator FAQ

Answers about this free parlay calculator, sports betting odds, payouts, and the math behind each result.

How are parlay odds calculated?

Convert each leg to decimal odds, multiply the decimal values, then convert the result back to your preferred format.

Why do correlated parlays price differently?

Related outcomes are not independent, so multiplying their standalone prices can overstate or understate the true combined probability.