12 Team Parlay Calculator
- Parlay Payout Table
- 12 Team Parlay Calculator Chart
- 12 Team Parlay Calculator 2019
- 12 Team Parlay Calculator Texas
Find the odds of winning your sports bet parlay with the free parlay calculator (with push) below.
How to Use the Parlay Calculator
Enter your wager amount and odds (yellow fields) for each leg of the parlay and you will see your potential profit, equivalent American and Decimal odds, as well as the implied win probability of your parlay bet.
Our parlay calculator is the quick and simple way to measure your potential winnings from your parlay picks, from two-teamers all the way to those ambitious 15-team parlays.
For a single bet, enter odds in American format. A minus sign (-) indicates a favorite while a plus sign (+) indicates an underdog.
Parlay Payout Example: Let’s take a look at an example with a parlay that includes three bets. You plan on making a $50 wager. The first game you want to include in the parlay is Game 1 with a moneyline odd of -135, the second game is Game 2 with a moneyline odd of +155, and the third game is Game 3 with a moneyline odd of -220. Our parlay calculator is the quick and simple way to measure your potential winnings from your parlay picks, from two-teamers all the way to those ambitious 15-team parlays. Parlay Payout Example: Let’s take a look at an example with a parlay that includes three bets. You plan on making a $50 wager. The first game you want to include in the parlay is Game 1 with a moneyline odd of -135, the second game is Game 2 with a moneyline odd of +155, and the third game is Game 3 with a moneyline odd of -220.
Moneyline odds are the most common bets in a parlay, however you can select any type of bet. A money line bet is a wager on which team you think will win. Therefore money line bets are the most straight forward and easiest to interpret, especially when there are multiple in a parlay.
See Your Parlay Odds with Bets that Push
You can also check the Push boxes if your bet has pushed. Checking this box will adjust the parlay odds to account for the fact that you have pushed a given bet.
A “push” or tie, means that your bet will not cause your parlay to be graded as a loss. Instead that leg of the parlay will basically be ignored when calculating the payout of your parlay.
A bet could push if you bet on a point spread or total that hit exactly. For example, if the New York Knicks were +8 against the Los Angeles Lakers and lost by exactly 8 points, that would be a push.
Parlay Payouts Chart
| Number of Bets in Parlay | Fair Payout (-110 Odds) | Fractional Odds | Fair Payout on a $10 Bet | Implied Win Probability |
|---|---|---|---|---|
| 2 Team Parlay | 3.64 | 2.64/1 | $36.45 | 27.4% |
| 3 Team Parlay | 6.96 | 5.96/1 | $69.58 | 14.4% |
| 4 Team Parlay | 13.28 | 12.28/1 | $132.83 | 7.5% |
| 5 Team Parlay | 25.36 | 24.36/1 | $253.59 | 3.9% |
| 6 Team Parlay | 48.41 | 47.41/1 | $484.13 | 2.1% |
| 7 Team Parlay | 92.42 | 91.42/1 | $924.24 | 1.1% |
| 8 Team Parlay | 176.45 | 175.45/1 | $1,764.46 | 0.6% |
| 9 Team Parlay | 336.85 | 335.85/1 | $3,368.52 | 0.3% |
| 10 Team Parlay | 643.08 | 642.08/1 | $6,430.82 | 0.2% |
Parlay Betting FAQ
How do you calculate parlay odds?
1. Convert all bets to decimal odds
2. Multiply the decimal odds of each bet together
3. Convert combined decimal odds back to American odds
How much will my parlay pay?
Your parlay pay out will depend on the odds and bet amount of each leg of your parlay. You can use the parlay calculator above to see exactly how much your parlay will pay given the odds of each bet in the parlay.
How much does a 10 team parlay pay?
Parlay Payout Table
A 10 team parlay will pay out 643 times your wager amount assuming each leg of the parlay has -110 odds. For example, if you place a $10 bet on a 10 team parlay, your pay out would be $6,430.
What does a $20 two team parlay pay?
12 Team Parlay Calculator Chart
A $20 two team parlay pays $72.89 assuming both legs of the parlay were bet at -110 odds. This would result in a profit of $52.89.
What happens when a bet in a parlay pushes?
12 Team Parlay Calculator 2019
When one leg of a parlay pushes (“ties”), then that bet is essentially excluded from the parlay without making the whole bet a loss. When calculating the parlay odds, that bet will essentially be removed from the equation.
Do you need to bet the money line to bet a parlay?
No, you can parlay almost any bet type. Money line bets are the most common, however you can also include point spreads, totals, props, etc.