![]() DON'T bet the parlay if you wouldn't bet each leg individually.Ĭalculations aside, it's not wise to bet a parlay if you wouldn't make each leg of the bet individually, assuming the bets aren't correlated. If a book is offering less than this number, they are holding more than they already do on each of the individual bets. So if a book is offering fair odds, we'd expect them to pay this parlay out at +3500. Each bet that's offered at 5-to-1 odds needs to hit one in six times to break even. We can see, in this situation, the parlay in this example should pay out $3500 and return our $100 bet. The Action Network parlay calculator is a great tool to help you run the numbers. ![]() What are the fair odds of the full parlay in this situation? Let's say you are parlaying two props whose odds are offered individually at +500 apiece.
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