This amount goes all the way up to $852 if we placed $100 on a single parlay bet.This article deals primarily with the Ontario (OLG) Pointspread game. The table above shows us that if we had placed eight separate $100 bets on each selection then we would be set to make a $265 profit. OddsĮxamples of eight-team parlay payouts (for a $100 bet). Because the chances of winning a bet with this many selections is unlikely we have decided to choose moderately low odds. The payout for an eight team parlay bet is determined by the odds of eight selections. This amount goes all the way up to $1105 if we placed $100 on a single parlay bet.

The table above shows us that if we had placed seven separate $100 bets on each selection then we would be set to make a $305 profit. OddsĮxamples of seven-team parlay payouts (for a $100 bet). Because the chances of winning a bet with this many selections are unlikely we have decided to choose moderately low odds. The payout for a seven-team parlay bet is determined by the odds of seven selections. This amount goes all the way up to $1700 if we placed $100 on a single parlay bet. The table above shows us that if we had placed six separate $100 bets on each selection then we would be set to make a $295 profit. OddsĮxamples of six-team parlay payouts (for a $100 bet). The payout for a six team parlay bet is determined by the odds of six selections. This amount goes all the way up to $759.38 if we placed $100 on a single parlay bet. The table above shows us that if we had placed five separate $100 bets on each selection then we would be set to make a $250 profit. OddsĮxamples of five-team parlay payouts (for a $100 bet). On this bet we have decided to select odds of 1.5 for all of our selections. The payout for a five team parlay bet is determined by the odds of five selections. This amount goes all the way up to $643.75 if we placed $100 on a single parlay bet. The table above shows us that if we had placed four separate $100 bets on each selection then we would be set to make a $285 profit. OddsĮxamples of four-team parlay payouts (for a $100 bet). For this bet, we have decided to select moderately high odds. The payout for a four team parlay bet is determined by the odds of four selections.

This amount goes all the way up to $900 if we placed $100 on a single parlay bet. The table above shows us that if we had placed three separate $100 bets on each selection then we would be set to make a $350 profit. OddsĮxamples of three-team parlay payouts (for a $100 bet). The payout for a three-team parlay bet is determined by the odds of three selections. We will provide the odds for each selection and tell you what the bet would payout if you grouped them together as a parlay bet compared to if you bet on them individually. In the examples below we are going to presume we have wagered $100 every time. On the other hand, you could choose astronomical odds and become rich from just a $1 stake. The truth is you could add selections to your bet slips where the odds are extremely low meaning that you would only return a small percentage of your stake. Once you are familiar with the concept of parlay bets you will understand why this question can be flipantly answered with 'how long is a piece of string'? This step will be repeated for every selection.Ī simple way of working this out is by converting all the odds into decimals and multiplying all of these odds together. Meaning that if we are successful with one selection this money will then move on to the next selection and will be placed at the odds of that chosen selection. The money from each selection accumulates until we know the final payout. The parlay payout formula might not always be easy to calculate manually, especially with multiple floating values, but the concept is actually simple to understand. Total payout = $185.46 (a lot less than with a parlay!)Įxample of a parlay betting slip, compared to the equivalent single straight bets.If you, instead, had staked $100 across the three selections ($33 on each), you would have gotten a total payout of: 🤓 Let's go with an example! You place a $100 parlay bet composed of following selections: Finally, the parlay payout is your own stake multiplied by the parlay odds. If you place a parlay bet with three selections, multiply the odds of these three selections to get the parlay odds. The parlay payout formula is a product of every single selection's decimal odds.

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