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  • ARTICLES
  • ODDS COMPARISON
  • SPORTS BETTING TOOLS
    • Parlay Optimizer
    • Hedge Calculator
    • Odds Converter
    • Parlay Calculator
    • Line Calculator
    • Hold Calculator
  • GETTING STARTED
    • Community Highlights
    • FAQ
    • About Us
    • How it works
Join Us
ODDS FORMAT
PARLAY OPTIMIZER HEDGE CALCULATOR ODDS CONVERTER PARLAY CALCULATOR LINE CALCULATOR HOLD CALCULATOR

Parlay Betting Odds Calculator

Calculate the odds of any parlay and more importantly understand how those odds convert to a probability!

Our parlay calculator shows you not only the payout for any kind of parlay but also the implied probability. This % is so important because you see sports books and handicappers advertising parlays with crazy odds and calling them "locks", but when you look at the odds as probabilities you can see why so few hit and why the sports books love advertising them. 

It is important to understand that betting on only parlays is almost always a -EV (Expected Value) strategy. In our community we rarely bet parlays with more than 2 legs. If we do they are often just sprinkles with pocket change for fun or we use a free bet to maximize our EV. 




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IMPLIED PROBABILITY
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Obligatory legal stuff: We do not provide financial counsel of any kind. We make recreational sports pick recommendations with no guarantees of outcome. All payments are final. You can cancel at anytime.

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