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Football Parlay Calculator

Parlay Calculator. Parlays are low-risk, high-reward wagers and one of the most popular types of sports bets. They can also be difficult to calculate. Parlay payouts change drastically based on odds and number of wagers made. Our free parlay calculator can help bettors as a go-to resource for instantly calculating the payouts and odds before. The free parlay calculator allows you to create a bet that combines multiple games and provides the projected payout. The more games, the higher the risk but the greater the payout. In order for the parlay to win, each game must win or push (tie). If any of the games lose, the entire wager loses.

Bet Amount
  • $100
  • $200
  • $500
  • $1000
If betting a favorite, enter the line with a minus (-) sign at the beginning
  • Big Game Special
  • Chiefs @ Bucs
  • Boosted from +333
  • Chiefs @ Bucs
  • PA/NJ/CO
  • 2 per week
  • Paid in Free Bet
  • Available in CO
  • Chiefs @ Bucs
  • Super Bowl
  • Boosted From +200
  • Super Bowl LV
  • Boosted From +1100
  • Chiefs @ Bucs
  • Super Bowl Special
  • Plus Signup Bonus
  • Free $30
  • NCAA Football
  • NJ/IN/PA

What is a Parlay?

A parlay is a bet that combines two or more picks for a larger payout than normal wagers at U.S. sportsbooks. All picks in a single parlay must cover in order to win the parlay bet. Covering five of six games in a six-team parlay counts the same as losing six of six games. Put simply, a parlay requires perfection.

With more risk comes more reward. Two-team parlays (or two-teamers) typically pay 2.6-to-1 and three-team parlays pay 6-to-1. You can add more picks for larger payouts. The payouts above are based on normal-juiced spreads (-110). However, not all spreads are juiced -110. For example, sometimes you will find a side or total -/+105 or -/+120, making parlay calculations a little more difficult. (Learn how to read lines here.)

Moreover, payouts are different when you parlay moneylines, which are particularly common when it comes to betting on the MLB, NHL, and MMA.

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For example, look at this hypothetical $10 MLB parlay:

Parlay Payout Calculator

  • New York Yankees -210
  • Boston Red Sox -165
  • Over 8 -120 (Washington Nationals vs. Atlanta Braves)

Enter the price of each pick above (-210, -165 & -120) into the parlay calculator along with the wager size. If you entered everything correctly the payout should read $33.46. The heavy favorites in the parlay decrease the size of the payout.

Soccer Parlay Calculator


Now look at this $10 parlay of NFL underdogs:

  • Philadelphia Eagles +180
  • Indianapolis Colts +250
  • New York Giants +365

Again, enter the parlay prices and the wager amount. This time the payout is $445.7 since the parlay consists of big underdogs.

Keep in mind, most sportsbooks do not allow correlated parlays. So you would not be able to parlay the Eagles moneyline and the Eagles spread together, since the Eagles covering the spread increases the odds of the Eagles winning the moneyline. You can often parlay an over/under bet with a spread or moneyline bet from the same game, but there are occasional restrictions depending on the numbers.

Nfl Football Parlay Card Picks

The parlay calculator, along with other sports betting tools for NFL, MLB, NBA & more, will help serious and recreational sports bettors alike save time and money as they navigate legal US sportsbooks.