Parlay calculator
Combined odds and potential payout, like all of them. Plus what the others hide: the bookmaker margin compounds with every leg, and here you watch it grow.
Your parlay
- Combined odds
- 6.60
- Implied probability
- 15.1%
- Fair odds (no margin)
- 7.70
This is the expected value of the slip, and it does not depend on which odds you pick: every leg multiplies what you keep by 0.95. That is why bookmakers promote parlays, not singles.
House take by number of legs
At a typical 5% margin per leg. Past 10% it already keeps more than a regulated slot machine.
| Legs | House take |
|---|---|
| 1 | 5.0% |
| 2 | 9.8% |
| 3 | 14.3% |
| 4 | 18.5% |
| 5 | 22.6% |
| 6 | 26.5% |
| 8 | 33.7% |
| 10 | 40.1% |
Odds in another format? Convert them here →How much to stake per pick: the bankroll guide →
Frequently asked questions about parlays
How are parlay odds calculated?
By multiplying the odds of every leg. A parlay at 1.85, 1.70 and 2.10 pays 1.85 × 1.70 × 2.10 = 6.60. Every leg must win: if one loses, the whole slip loses.
Why do bookmakers promote parlays so heavily?
Because their margin multiplies with every leg. If the house keeps 5% on each price, a five-leg parlay hands it 22.6% of the slip value — four times a single. Parlay boosts exist to push you toward exactly the product where your bets leave the most margin.
How much does a parlay lose on average?
At a 5% margin per leg, the expectation is losing 5% on a single, 9.8% on a double, 14.3% on a treble and 22.6% on a five-leg — whatever the odds. The formula is 1-(0.95 to the power of the number of legs).
Are parlays always a bad bet?
Mathematically they only pay off if every leg has value on its own (odds above the true probability), because then the value compounds too. That is exactly the craft this platform verifies: finding value prices, pick by pick, with a sealed track record. If any leg lacks value, adding it only increases the house take.