Offered on all major pro and college sports, a two-team combo is the most basic parlay. While the risk rises, with each added leg, bettors can include upwards of 15 teams on a single wager. 2 Team Parlay Payouts - Betting Parlays Explained Payouts on a 2 team parlay are standard throughout the industry at 13/5. Sportsbooks will pay $2.64 for every $1.00 wagered.

1. Team Parler
2. 2 Team Parlay Payout
3. Team Parka
4. 4 Team Parlay Payout
5. Team Parka Jackets
6. 4 Team Parlay Payout

• $100
• $200
• $500
• $1000

• Big Game Special
• Chiefs @ Bucs
• NJ/PA/IN/TN/CO/WV/MI

• Boosted from +333
• Chiefs @ Bucs
• PA/NJ/CO

• 2 per week
• Paid in Free Bet
• Available in CO

• Chiefs @ Bucs
• Super Bowl
• NJ/IL/IN/IA/CO

• Boosted From +200
• Super Bowl LV
• NJ/PA/CO/IN/WV/TN

• Boosted From +1100
• Chiefs @ Bucs
• IL/NJ/WV/IN/CO/TN/IA

• Super Bowl Special
• Plus Signup Bonus
• PA/IN/IL/CO/MI

• 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.

Team Parler

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

• 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.

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.

2 Team Parlay Payout

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.

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.

A parlay calculator is a betting tool that aids gaming investors find out the odds and results of a parlay bet. A parlay, also known as an accumulator, is 1 bet whose results are usually determined by 2 or even more underlying bets.

When successful, it offers greater returns to the investor since it links up many events for a higher payout. If the parlay is to win, each of the bets must win. If one happens to lose, then the whole bet ends up in a loss, regardless of the outcome of all the other games.

How Do Other Results Affect Parlay Results?

Team Parka

There are other results that can affect the parlay results such as:

• A tie
• Game postponement
• Cancellation
• An incomplete game
• Rescheduling.

As long as there is no loss, the wagers typically revert to the next lowest number.

How to Use a Betting Odds Calculator

4 Team Parlay Payout

There are different options of the calculator found online. A majority is available free of charge. An example of a simple one is shown in the table below.

Wager Amount

Payout $0

Team Parka Jackets

When using a parlay odds calculator like the one above, all you need to do is enter the correct figure of odds in the table. In most cases, you are only allowed to enter numbers and nothing else.

From here, you will be required to type in the money lines for each bet you place as well as the total amount you would like to wager. Once everything is in place, just hit the calculate button. The payout field will give you the results of the amount that you will end up getting if each of the parlay games wins. If there are other parlay odds that you would like to calculate, just click on the reset all button and start the process all over again.

4 Team Parlay Payout

There are some calculators that will give you choices on how to display all the odds such as:

• Decimal odds
• American odds
• Fractional odds.

It can be very confusing trying to calculate parlay payouts on your own mainly because you are dealing with multiple teams. There is no need trying to wreck your brain over this because you can simply use the beneficial calculators that will give you the total to expect in no time. Armed with these results, you can confidently head over to your preferred sportsbook to place a parlay bet.