A parlay bet is a single wager that requires two or more outcomes to all win. Parlay bets are calculated by multiplying the odds of each individual selection together, and then multiplying the total by the stake amount. By utilizing the parlay calculator, you can conveniently determine the payout for your bets by inputting your stake and odds in American, Decimal, or Fractional formats.

See how much you can win with your next parlay bet.

Payouts and profits may vary slightly depending on methodology and rounding when converting odds or calculating parlays. All payout and profit numbers here are shown for illustrative purposes only and may vary slightly from actual payouts and profits.

Example Games:

Game 1: Sacramento Kings vs. Milwaukee Bucks

Game 2: Golden State Warriors vs. Brooklyn Nets

Game 3: Chicago Bulls vs. Miami Heat

Game 4: Houston Rockets vs. Philadelphia 76ers

American odds:

Game 1: Sacramento Kings (+120) vs. Milwaukee Bucks (-120)

Game 2: Golden State Warriors (-110) vs. Brooklyn Nets (+110)

Game 3: Chicago Bulls (+145) vs. Miami Heat (-160)

Game 4: Houston Rockets (+200) vs. Philadelphia 76ers (-200)

To calculate parlay odds in American odds, the odds must first be converted into decimal odds. Note that many American odds converted to decimal odds are repeating decimals, so we've listed the step before the final result in the conversion to ensure the final payout is accurate. Therefore, the combined odds for the parlay bet would be (2.2 x (210/110) x 2.45 x 3) = 30.87.

The potential payout for the parlay bet would be ($100 stake x 30.87) = $3,087.00.

Decimal odds:

Game 1: Sacramento Kings (2.2) vs. Milwaukee Bucks (1.83)

Game 2: Golden State Warriors (1.91) vs. Brooklyn Nets (2.1)

Game 3: Chicago Bulls (2.45) vs. Miami Heat (1.63)

Game 4: Houston Rockets (3.0) vs. Philadelphia 76ers (1.5)

The combined odds for the parlay bet would be (2.2 x (210/110) x 2.45 x 3) = 30.87.

The potential payout for the parlay bet would be ($100 stake x 30.87) = $3,087.00.

Fractional odds:

Game 1: Sacramento Kings (6/5) vs. Milwaukee Bucks (5/6)

Game 2: Golden State Warriors (10/11) vs. Brooklyn Nets (11/10)

Game 3: Chicago Bulls (29/20) vs. Miami Heat (5/8)

Game 4: Houston Rockets (2/1) vs. Philadelphia 76ers (1/2)

Just like for American odds, to calculate parlay odds in American odds, the odds must first be converted into decimal odds. Therefore, the combined odds for the parlay bet would be ((6/5 +1) x (10/11 + 1) x (29/20 +1) x (2/1 +1)) = ((1.2 + 1) x ((210/110) + 1) x (1.45 + 1) x (2.0 + 1)) = 30.87.

* 1 must be added to each fraction conversion to get the payout result, otherwise the conversion simply shows the profit amount.

The potential payout for the parlay bet would be ($100 stake x 30.87) = $3,087.00.