how is moneyline parlay payout calculated

This means that your $100 4-team parlay on those teams should earn you $1,149.21 when it hits! Using this tool gives you a better idea on what your break-even percentage needs to be for the wager to be profitable in the long run! Parlay Payouts & House Edge Depending on Number of GamesĪ parlay is a single bet that links together multiple events for a higher payout. Once you hit calculate the payout should display 1149.21. Let’s say you want to be a $100 4-team parlay on the Packers -7 -110, Patriots -8 -110, Steelers +3 -120, and the Lions +3 -115. Once you hit Calculate the payout field will populate with how much you are going to win if every leg of your parlay hits.įor example.

Using the parlay calculator is extremely easy.Īll you have to do is type in the money lines for each one of your wagers (most spread bets will be -110) and then enter the amount you want to bet on the parlay. Our free parlay calculator above will help you figure out the payouts you should be receiving once you enter the odds on each one of your bets.

Using the Parlay Calculator for How Much Does a Number of Teams Pay

How is moneyline parlay payout calculated