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Sports Parlay Calculator

Introduction

In gambling terms, "parlay" means to bet on at least two events, letting the winnings ride after each win. Usually you lose, but when you win, and depending in part on how many events were parlayed, you can win big.

To use this calculator, enter a bet amount and the odds on every leg of the parlay, up to 12 legs. For even money, put in 100 or -100. Do not enter anything other than numbers, including the dollar sign.

Bet Amount: $  

Leg 1:  

Leg 2:  

Leg 3:  

Leg 4:  

Leg 5:  

Leg 6:  

Leg 7:  

Leg 8:  

Leg 9:  

Leg 10:

Leg 11:

Leg 12:

To win = $
To return = $

Please be aware that if the odds on every leg are -110, then the sports book will likely use a predetermined pay table, which seems to always pay worse than if a direct calculation is made, except for a 3-leg parlay.

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Written by: Michael Shackleford