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Betting Calculators

Free tools for parlay payouts, EV, Kelly sizing, and more.

Parlay Calculator

Enter each leg in American odds. The payout updates as you type.

Parlay odds+264
Book's implied probability27.44%
Potential payout$36.45

Profit: $26.45

How it works

A parlay multiplies the decimal odds of each leg together. To convert American odds to decimal: positive odds like +150 become 1 + (150/100) = 2.5. Negative odds like -110 become 1 + (100/110) = 1.909.

The final payout is your stake multiplied by the combined decimal. A 2-leg parlay at -110/-110 gives 1.909 x 1.909 = 3.64x your stake, or +264 in American odds. The book's implied probability is what the line says your chances are, including their vig.

For entertainment purposes only. Not financial advice. 21+ where available. If you or someone you know has a gambling problem, call 1-800-GAMBLER.