FREE TOOL
A parlay chains multiple bets into one ticket that only cashes if every leg wins. The payout math is simple: convert each leg to decimal odds and multiply them together. Two +100 legs make +300; add a third and you are at +700. Enter your stake and the odds for each leg (add up to fifteen) and this calculator returns the combined odds, profit, and total payout.
Keep in mind that the house edge compounds with every leg you add, which is why books push parlays so hard. Use the calculator to verify the odds your book is quoting you: if their listed parlay price is worse than the multiplied fair price shown here, they are skimming extra margin off the combination.
