Parlay Bet is a wager placed on several outcomes at once. For example, you expect a home win in the first match, a draw in the second, and lots of goals in the third. If everything lands, the bet settles as a winner and the payout is solid, because the odds aren’t added together they’re multiplied. But if a single leg fails, the entire ticket loses.
How the Parlay Calculator Works
1. Enter the odds.
For instance, type three odds: 1.75, 2.30, 1.60.
2. Enter the stake.
Bet $100: simply input that amount in the stake field.
3. Enter the bookmaker’s commission.
An extra field lets you add the bookmaker’s commission so the result is more precise. Calculate the commission yourself and insert the figure.
4. View the result.
The calculator does the math: it multiplies the odds and then multiplies by the stake.
Example:
- 2.00 × 1.50 × 1.80 = 5.40;
- 100 × 5.40 = $540.
5. Play with the numbers.
It’s useful (and fun) to see how the payout shifts if you remove one match or raise the stake.
Points to Remember
- The calculator shows the full return, not the net profit. To find your profit, subtract the stake from the total.
- One losing leg means the whole parlay is a loss.
- The calculator is only a helper — use your own judgment too.