Parlays give bettors the chance to get action on multiple contests without having to individually bet every game or match. Why Bet ParlaysĪs you can see from the above example, payouts can be lucrative. The results field will immediately show that the four-team parlay would win $1,692.78 on a successful $50 wager. For this NBA betting parlay you would fill out four spots with odds of -110, +140, -108 and +295. Ignore the point spread when using the parlay calculator. The individual odds would look like this: Let’s say you wanted to use the parlay calculator to view the payout on a $50, four-team NFL parlay with both moneyline and spread wagers. Just click the plus symbol when entering betting odds to generate another spot. You can enter as many wagers as you want. Then enter the amount you’d like to risk in the bet amount. To use the parlay calculator, select parlay bets and enter your preferred odds format. It’s easy to run and can instantly convert fractions or decimals into more familiar American betting odds. Our betting calculator can be used for single bets or parlays.

Sports betting parlay odds calculator