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? This is a MMA moneyline parlay calculator to show you how much you can potentially win. INSTRUCTIONS: First enter in the odds or moneyline into the box. (If your fighter is an Underdog you do not have to enter the + sign, ex: 110) (If your fighter is a favorite you must enter the – sign, ex: -240) Then enter the amount of money you wish to wager. Feb 04, 2021 A parlay takes multiple wagers and combines them into a single ticket. For a parlay to pay off, all bets on the ticket must win. If even one pick on a parlay loses, the entire ticket is a loser.

1. Vegasinsider Parlay Calculator
2. Parlay Estimator Software

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A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. Find out how much you'll win on any parlay.

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Vegasinsider Parlay Calculator

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What is a Parlay?

A parlay is a bet that combines two or more picks for a larger payout than normal wagers at U.S. sportsbooks. All picks in a single parlay must cover in order to win the parlay bet. Covering five of six games in a six-team parlay counts the same as losing six of six games. Put simply, a parlay requires perfection.

With more risk comes more reward. Two-team parlays (or two-teamers) typically pay 2.6-to-1 and three-team parlays pay 6-to-1. You can add more picks for larger payouts. The payouts above are based on normal-juiced spreads (-110). However, not all spreads are juiced -110. For example, sometimes you will find a side or total -/+105 or -/+120, making parlay calculations a little more difficult. (Learn how to read lines here.)

Moreover, payouts are different when you parlay moneylines, which are particularly common when it comes to betting on the MLB, NHL, and MMA.

For example, look at this hypothetical $10 MLB parlay:

• New York Yankees -210
• Boston Red Sox -165
• Over 8 -120 (Washington Nationals vs. Atlanta Braves)

Enter the price of each pick above (-210, -165 & -120) into the parlay calculator along with the wager size. If you entered everything correctly the payout should read $33.46. The heavy favorites in the parlay decrease the size of the payout.

Now look at this $10 parlay of NFL underdogs:

• Philadelphia Eagles +180
• Indianapolis Colts +250
• New York Giants +365

Again, enter the parlay prices and the wager amount. This time the payout is $445.7 since the parlay consists of big underdogs.

Keep in mind, most sportsbooks do not allow correlated parlays. So you would not be able to parlay the Eagles moneyline and the Eagles spread together, since the Eagles covering the spread increases the odds of the Eagles winning the moneyline. You can often parlay an over/under bet with a spread or moneyline bet from the same game, but there are occasional restrictions depending on the numbers.

Parlay Estimator Software

The parlay calculator, along with other sports betting tools for NFL, MLB, NBA & more, will help serious and recreational sports bettors alike save time and money as they navigate legal US sportsbooks.