Calculate potential payouts for parlay bets with multiple selections. Add legs to your parlay and see how each selection affects your potential winnings.
Build Your Parlay
Parlay Selections
Selection 1
Selection 2
What is a Parlay Bet?
A parlay is a single bet that combines two or more individual wagers for a potentially higher payout. The catch is that all selections must win for the parlay to pay out.
Parlay Benefits
- • Higher potential payouts than individual bets
- • Exciting way to combine multiple games/events
- • Small stakes can lead to large returns
Parlay Risks
- • Higher variance - one loss means the entire bet loses
- • Bookmakers typically build in higher margins
- • Not generally recommended for serious bettors
Calculating Odds
Parlay odds are calculated by multiplying the decimal odds of each selection together. The more selections you add, the higher your potential payout — but also the lower your chances of winning.
Parlay Strategy Tips
Keep It Small
Limit the number of selections in your parlay. Each additional leg significantly decreases your chances of winning.
Correlation is Key
Look for bets that are correlated. If one leg is likely to win, it should increase the chances of other legs winning too.
Manage Expectations
Use parlays for entertainment, not as your primary betting strategy. Small stakes can still provide excitement without risking too much.