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Theoretical Parlay Price Calculator

Calculate theoretical parlay prices and potential payouts for multiple selections. Combine up to 10 bets to see your potential return with true probabilities.

Odds Format

Selections (2 active of 2 total)

Parlay Information (Multi-selection)

Parlay Odds

American
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Decimal
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Fractional
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Implied Probability

Theoretical Win Chance

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Payout Information

Potential Profit

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Total Return

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Understanding Parlays

What is a Parlay?

A parlay is a single bet that links together two or more individual wagers. To win a parlay, all selections must win (or push). Parlays offer higher payouts than individual bets because they're more difficult to win.

How Are Parlay Odds Calculated?

This calculator uses a theoretical "fair odds" approach, where the implied probability of the parlay is the product of all individual selection probabilities. The actual odds offered by sportsbooks may differ due to built-in margins and house rules.

Parlay Betting Tips

  • Parlays offer high rewards but come with higher risk
  • Consider correlated outcomes carefully as sportsbooks often restrict these
  • Compare parlay odds across different books to find the best value
  • Remember that a single losing selection means the entire parlay loses

Note: This calculator is for educational and research purposes only. OddsBlitz is not affiliated with any sportsbook and does not encourage or facilitate real money wagering.