## Quick Links

- Parlay Calculator
- Acca Calculator
- Arbitrage Calculator
- Bonus Bet Calculator
- Decimal to Fractional Odds
- Dutching Calculator
- Fractional to Decimal Odds
- Hedge Calculator
- Kelly Criterion Calculator
- Lay Bet Calculator
- Middle Calculator
- Multi Calculator
- Odds Converter
- Overround Calculator
- Staking Calculator
- Strike Rate Calculator
- Win Loss Calculator

**Welcome to the parlay calculator website.** We have built all the tools you need to make your sports betting (and specifically your parlay) experience better! Below we have a parlay calculator and also some more information about parlays in general.

## What is a parlay?

A parlay also known as a ‘Multibet’ or ‘Accumulator’, is a bet type that combines a series of single bets (also known as legs within a parlay) into one bet. The odds in the bet multiply for every additional leg you add to the parlay. There has to be a minimum of two legs in your bet to be classified as a parlay. The maximum number of legs in a parlay is dependent on the sportsbook you are placing the bet with. A parlay requires all legs to win to be successful. That is, if one leg loses, your entire parlay loses (that’s why you usually get big odds for adding more legs)! A parlay can combine different bet types across a range of markets as long as they are not conditional (such as Team A to Win the 1st Quarter and Team A to clear the 1st Quarter Spread).

## How does the parlay calculator work?

Our parlay calculator quickly calculates the total odds for your parlay. You can enter the odds of each leg and the calculator will then tell you how much the overall multi is worth; the total value of the odds.