Parlay calculator
What a parlay pays, how often it has to land, and how much of the payout is the sportsbook's cut.
$264.46 profit at parlay odds +264
about 1 in 4 tickets like this one
8.4% of the payout — with no cut it would pay $398.00 (fair payout, +298)
Parlay payouts per $100
- 2 legs+264
$100 returns $364.46 · must win 27.4% of the time to break even
- 3 legs+596
$100 returns $695.79 · must win 14.4% of the time to break even
- 4 legs+1228
$100 returns $1,328.33 · must win 7.5% of the time to break even
- 5 legs+2436
$100 returns $2,535.91 · must win 3.9% of the time to break even
- 6 legs+4741
$100 returns $4,841.27 · must win 2.1% of the time to break even
- 8 legs+17545
$100 returns $17,644.64 · must win 0.6% of the time to break even
- 10 legs+64208
$100 returns $64,308.16 · must win 0.2% of the time to break even
Why the payout is smaller than it looks
A parlay multiplies everything, including the sportsbook's cut — two legs roughly double what that cut costs you, and ten multiply it ten times over. It also varies by sport: fight prices are among the widest on the board and NFL sides among the tightest. A parlay of badly priced legs is just a bigger badly priced bet.
Common questions
How does a 2 team parlay pay out?
Two -110 legs multiply to 3.64 decimal, which is about +264 in American odds. A $50 two-team parlay returns roughly $182 for $132 profit.
Do parlay odds get worse with more legs?
Yes. Each added leg multiplies the payout but also compounds the sportsbook's cut, so the ticket costs you more with every leg even when each leg on its own looks fairly priced.
Why do UFC parlays cost more than other sports?
Fight prices carry some of the biggest sportsbook cuts in US betting, often 5-7% per fight, so a three-fight parlay can cost 15% or more before a punch is thrown. Price it here first, then compare each fight on its own.