A parlay odds chart lists the combined price and implied win probability for a given number of equal-priced legs. At the standard price of −110 per leg, a two-leg parlay is +264, a three-leg parlay +596 and a four-leg parlay +1,228. The tables below run from two legs to twelve at ten different per-leg prices.
For a ticket with mixed prices, use the parlay calculator. For the formula behind these numbers, read how to calculate parlay odds.
Parlay odds chart at −110 per leg
−110 is the standard price on a two-way market such as a point spread or a game total. Every row below assumes all legs carry that price and that nothing is boosted, capped or correlated.
| Legs | Decimal odds | American odds | Implied probability | One in | $10 payout | $10 profit |
|---|---|---|---|---|---|---|
| 2 | 3.64 | +264 | 27.44% | 3.6 | $36.45 | $26.45 |
| 3 | 6.96 | +596 | 14.37% | 7 | $69.58 | $59.58 |
| 4 | 13.28 | +1,228 | 7.53% | 13 | $132.83 | $122.83 |
| 5 | 25.36 | +2,436 | 3.94% | 25 | $253.59 | $243.59 |
| 6 | 48.41 | +4,741 | 2.07% | 48 | $484.13 | $474.13 |
| 7 | 92.42 | +9,142 | 1.08% | 92 | $924.24 | $914.24 |
| 8 | 176.45 | +17,545 | 0.57% | 176 | $1,764.46 | $1,754.46 |
| 9 | 336.85 | +33,585 | 0.30% | 337 | $3,368.52 | $3,358.52 |
| 10 | 643.08 | +64,208 | 0.16% | 643 | $6,430.82 | $6,420.82 |
| 11 | 1,227.70 | +122,670 | 0.08% | 1,228 | $12,277.01 | $12,267.01 |
| 12 | 2,343.79 | +234,279 | 0.04% | 2,344 | $23,437.93 | $23,427.93 |
Decimal odds are shown to two places for display. The American, probability and payout columns are all computed from the unrounded 1.909091, so multiplying the rounded decimal column by your stake can differ by a few cents. Sportsbook display and settlement rounding differ again.
Parlay payout chart: what $10 returns
Real tickets are rarely all −110. This grid holds the stake at $10 and varies the per-leg price, from a juiced −130 to a +200 underdog. Read down for leg count, across for price. Every figure is the total return, stake included.
| Legs | −130 | −120 | −115 | −110 | −105 | +100 | +110 | +120 | +150 | +200 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 | $31.30 | $33.61 | $34.95 | $36.45 | $38.12 | $40.00 | $44.10 | $48.40 | $62.50 | $90.00 |
| 3 | $55.38 | $61.62 | $65.35 | $69.58 | $74.42 | $80.00 | $92.61 | $106.48 | $156.25 | $270.00 |
| 4 | $97.98 | $112.97 | $122.17 | $132.83 | $145.30 | $160.00 | $194.48 | $234.26 | $390.63 | $810.00 |
| 5 | $173.35 | $207.11 | $228.40 | $253.59 | $283.68 | $320.00 | $408.41 | $515.36 | $976.56 | $2,430.00 |
| 6 | $306.70 | $379.71 | $427.02 | $484.13 | $553.84 | $640.00 | $857.66 | $1,133.80 | $2,441.41 | $7,290.00 |
| 7 | $542.61 | $696.13 | $798.33 | $924.24 | $1,081.31 | $1,280.00 | $1,801.09 | $2,494.36 | $6,103.52 | $21,870.00 |
| 8 | $960.01 | $1,276.24 | $1,492.54 | $1,764.46 | $2,111.14 | $2,560.00 | $3,782.29 | $5,487.59 | $15,258.79 | $65,610.00 |
| 9 | $1,698.48 | $2,339.77 | $2,790.39 | $3,368.52 | $4,121.74 | $5,120.00 | $7,942.80 | $12,072.69 | $38,146.97 | $196,830.00 |
| 10 | $3,005.00 | $4,289.58 | $5,216.82 | $6,430.82 | $8,047.22 | $10,240.00 | $16,679.88 | $26,559.92 | $95,367.43 | $590,490.00 |
| 11 | $5,316.54 | $7,864.22 | $9,753.19 | $12,277.01 | $15,711.23 | $20,480.00 | $35,027.75 | $58,431.83 | $238,418.58 | $1,771,470.00 |
| 12 | $9,406.19 | $14,417.74 | $18,234.23 | $23,437.93 | $30,674.31 | $40,960.00 | $73,558.28 | $128,550.03 | $596,046.45 | $5,314,410.00 |
Total return on a $10 stake, stake included. Every leg in a given column carries that column's price.
Combined American odds for any per-leg price
The same grid expressed as the price a sportsbook would display on the slip.
| Legs | −130 | −120 | −115 | −110 | −105 | +100 | +110 | +120 | +150 | +200 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 | +213 | +236 | +250 | +264 | +281 | +300 | +341 | +384 | +525 | +800 |
| 3 | +454 | +516 | +553 | +596 | +644 | +700 | +826 | +965 | +1,463 | +2,600 |
| 4 | +880 | +1,030 | +1,122 | +1,228 | +1,353 | +1,500 | +1,845 | +2,243 | +3,806 | +8,000 |
| 5 | +1,633 | +1,971 | +2,184 | +2,436 | +2,737 | +3,100 | +3,984 | +5,054 | +9,666 | +24,200 |
| 6 | +2,967 | +3,697 | +4,170 | +4,741 | +5,438 | +6,300 | +8,477 | +11,238 | +24,314 | +72,800 |
| 7 | +5,326 | +6,861 | +7,883 | +9,142 | +10,713 | +12,700 | +17,911 | +24,844 | +60,935 | +218,600 |
| 8 | +9,500 | +12,662 | +14,825 | +17,545 | +21,011 | +25,500 | +37,723 | +54,776 | +152,488 | +656,000 |
| 9 | +16,885 | +23,298 | +27,804 | +33,585 | +41,117 | +51,100 | +79,328 | +120,627 | +381,370 | +1,968,200 |
| 10 | +29,950 | +42,796 | +52,068 | +64,208 | +80,372 | +102,300 | +166,699 | +265,499 | +953,574 | +5,904,800 |
| 11 | +53,065 | +78,542 | +97,432 | +122,670 | +157,012 | +204,700 | +350,178 | +584,218 | +2,384,086 | +17,714,600 |
| 12 | +93,962 | +144,077 | +182,242 | +234,279 | +306,643 | +409,500 | +735,483 | +1,285,400 | +5,960,364 | +53,144,000 |
Combined American price for the stated number of equal-priced legs. Books round their displayed price in their own way, so a slip can show a figure a few units away from these.
Parlay odds by number of legs
The same −110 rows as the first table, written out one leg count at a time.
2-team parlay odds at −110
A 2-leg parlay with every leg priced at −110 is +264, or 3.64 in decimal odds. A $10 ticket returns $36.45 in total, $26.45 of it profit. The price implies 27.44%, about one in 3.6. Adding one more leg at the same price moves the ticket to +596 and the $10 return to $69.58.
3-team parlay odds at −110
A 3-leg parlay with every leg priced at −110 is +596, or 6.96 in decimal odds. A $10 ticket returns $69.58 in total, $59.58 of it profit. The price implies 14.37%, about one in 7. Adding one more leg at the same price moves the ticket to +1,228 and the $10 return to $132.83.
4-team parlay odds at −110
A 4-leg parlay with every leg priced at −110 is +1,228, or 13.28 in decimal odds. A $10 ticket returns $132.83 in total, $122.83 of it profit. The price implies 7.53%, about one in 13. Adding one more leg at the same price moves the ticket to +2,436 and the $10 return to $253.59.
5-team parlay odds at −110
A 5-leg parlay with every leg priced at −110 is +2,436, or 25.36 in decimal odds. A $10 ticket returns $253.59 in total, $243.59 of it profit. The price implies 3.94%, about one in 25. Adding one more leg at the same price moves the ticket to +4,741 and the $10 return to $484.13.
6-team parlay odds at −110
A 6-leg parlay with every leg priced at −110 is +4,741, or 48.41 in decimal odds. A $10 ticket returns $484.13 in total, $474.13 of it profit. The price implies 2.07%, about one in 48. Adding one more leg at the same price moves the ticket to +9,142 and the $10 return to $924.24.
7-team parlay odds at −110
A 7-leg parlay with every leg priced at −110 is +9,142, or 92.42 in decimal odds. A $10 ticket returns $924.24 in total, $914.24 of it profit. The price implies 1.08%, about one in 92. Adding one more leg at the same price moves the ticket to +17,545 and the $10 return to $1,764.46.
8-team parlay odds at −110
An 8-leg parlay with every leg priced at −110 is +17,545, or 176.45 in decimal odds. A $10 ticket returns $1,764.46 in total, $1,754.46 of it profit. The price implies 0.57%, about one in 176. Adding one more leg at the same price moves the ticket to +33,585 and the $10 return to $3,368.52.
10-team parlay odds at −110
A 10-leg parlay with every leg priced at −110 is +64,208, or 643.08 in decimal odds. A $10 ticket returns $6,430.82 in total, $6,420.82 of it profit. The price implies 0.16%, about one in 643. Adding one more leg at the same price moves the ticket to +122,670 and the $10 return to $12,277.01.
12-team parlay odds at −110
A 12-leg parlay with every leg priced at −110 is +234,279, or 2,343.79 in decimal odds. A $10 ticket returns $23,437.93 in total, $23,427.93 of it profit. The price implies 0.04%, about one in 2,344. The same 12 legs priced at even money instead would be +409,500, returning $40,960.00 on $10.
Even-money (+100) parlay chart
At +100 a winning leg doubles the money, so the decimal price doubles with every leg added and the arithmetic is the cleanest case there is. It is also the reference point for how much the −110 price costs: at twelve legs, even money pays $40,960.00 against $23,437.93.
| Legs | Decimal odds | American odds | Implied probability | $10 payout |
|---|---|---|---|---|
| 2 | 4.00 | +300 | 25.00% | $40.00 |
| 3 | 8.00 | +700 | 12.50% | $80.00 |
| 4 | 16.00 | +1,500 | 6.25% | $160.00 |
| 5 | 32.00 | +3,100 | 3.13% | $320.00 |
| 6 | 64.00 | +6,300 | 1.56% | $640.00 |
| 7 | 128.00 | +12,700 | 0.78% | $1,280.00 |
| 8 | 256.00 | +25,500 | 0.39% | $2,560.00 |
| 9 | 512.00 | +51,100 | 0.20% | $5,120.00 |
| 10 | 1,024.00 | +102,300 | 0.10% | $10,240.00 |
| 11 | 2,048.00 | +204,700 | 0.05% | $20,480.00 |
| 12 | 4,096.00 | +409,500 | 0.02% | $40,960.00 |
How to read the chart
- Decimal odds include the returned stake. A 3.64 ticket returns 3.64 times the stake in total.
- American odds show profit relative to a $100 reference stake.
- Implied probability is
1 ÷ decimal odds. - One in is the same figure written as a frequency.
- Payout includes the original stake; profit does not.
What the implied probability column is not
Implied probability is derived from the posted price, and a posted price carries the sportsbook's margin inside it. So the column is the break-even rate the price demands, not an estimate of how often the ticket wins. Three genuine coin flips win 12.5% of the time; three −110 legs are priced to need 14.372%, which is 1.872 points higher. Our parlay probability page works that gap out for every leg count from 1 to 12.
Mixed-price legs
Nothing in the arithmetic requires the legs to match. A 3-leg parlay at −110, +125 and −135 converts to 1.9091 × 2.2500 × 1.7407, which is 7.477 in decimal terms. That is +648, a $74.77 return on $10 and an implied 13.37%. The parlay calculator takes any set of legs, and how to calculate parlay odds walks the conversions step by step.
Why your sportsbook payout may differ
A slip can show a different number from this chart for any of these reasons:
- the odds moved between selection and submission;
- the legs are mixed prices rather than the single price a chart row assumes;
- a same-game correlation adjustment applies, which is a book's own model rather than a multiplication;
- a boost or a promotional cap changed the price;
- the ticket uses alternate lines priced separately from the main market;
- the book rounds its displayed price differently;
- a leg was voided or pushed, which normally drops it and reprices the ticket as though it had been one leg shorter.
How this was measured
- Source. Closed-form arithmetic, not a sample. There is no data set behind this page, no window and no n: an American price converts to decimal, the decimals multiply, and the product is the parlay's price.
- Conversion. A positive price becomes
1 + price/100; a negative price becomes1 + 100/|price|. So −110 is 1.9091 and +100 is 2.0000. - Precision. Every figure is computed at 40 significant digits and rounded once, at the end. No rounded value is fed back into a calculation, which is why multiplying the displayed decimal column by your stake can land a few cents away from the payout column.
- Assumptions. Legs are independent and are multiplied as posted. No boost, no promotional cap, no alternate-line price and no same-game correlation adjustment is applied. Sportsbooks price correlated legs with their own models rather than by multiplying, so this arithmetic does not describe a same-game ticket.
- Reproducing it. Every table is stamped onto the page from the output of one committed, re-runnable script, which shares its price conversions with our parlay probability page so the two cannot round a price differently. A separate auditor reads the published page back and re-derives every cell in it a second time; the page does not ship if a single figure has moved.
Next steps
Frequently asked questions
What does a 3-leg parlay pay at −110 each?
+596, or $69.58 returned on a $10 stake, of which $59.58 is profit. Sportsbook rounding can move the displayed price slightly.
What does a 4-leg parlay pay at −110 each?
+1,228, or $132.83 returned on a $10 stake.
What are 12 team parlay odds?
With all twelve legs at −110, +234,279. A $10 ticket returns $23,437.93. The price implies 0.04%, about one in 2,344.
What is a 7-team parlay worth at −110?
+9,142, returning $924.24 on $10, with an implied 1.08%.
What are the odds of hitting a 10-leg parlay at −110?
The posted prices imply 0.16%, roughly one in 643, and the ticket prices near +64,208. That is the probability implied by prices that contain the sportsbook's margin, not an estimate of the true probability.
Are parlay odds added together?
No. Convert every leg to decimal odds and multiply them. Adding American prices together produces a number with no meaning.
Does this chart apply to same-game parlays?
No. The legs of a same-game parlay are frequently correlated, and sportsbooks price them with their own models rather than by multiplying the displayed odds. Every table here assumes independent legs.
Related: parlay calculator · how to calculate parlay odds · what percentage of parlays win · odds converter · how sportsbooks price parlays · betting glossary
This guide explains how a betting market works and how the arithmetic is done. It is information, not betting advice: Nebula Insights publishes no picks, no selections and no recommended wagers. Sportsbook rules vary by book and jurisdiction, so always confirm the house rules that apply to your account. You must be of legal gambling age in your jurisdiction.