Push On A Parlay
A “push” or tie, means that your bet will not cause your parlay to be graded as a loss. Instead that leg of the parlay will basically be ignored when calculating the payout of your parlay. A bet could push if you bet on a point spread or total that hit exactly. There’s always the possibility of a “push” (aka tie) in one leg of your parlay. For example, if you bet on the Raptors at -8 against the Nets and they win by exactly eight points, this would be a “push.” If this event was part of your parlay, one leg would clearly be unsuccessful. One of three things happens in this scenario.
Before we go any further, we need to explain what a parlay is fully.
In order to win the entire bet, you have to win each of the individual bets on your parlay. If you lose one individual bet, then you lose the entire parlay bet.
The reason is that the sportsbook will pay you out much more money for correctly picking multiple individual bets together.There is more risk in this type of bet so it should be expected that we are offered a higher reward for making this wager.
Let’s compare betting three games individually versus betting them as a parlay.
Let’s assume that each game is -110 moneyline odds.
Let’s also assume that our bankroll for these three games is $300. We’re going to look at the scenarios if we picked all three games correctly and if we only picked two of the games correctly.
If we bet the games individually, we would bet $100 per game.
Game | Bet Amount | Odds | Outcome | Profit/Loss |
Game 1 | $100 | -110 | Win | $90.91 |
Game 2 | $100 | -110 | Win | $90.91 |
Game 3 | $100 | -110 | Win | $90.91 |
If You Push On A Parlay
Now, what would happen if we picked all three games as a parlay bet? This time, we would place a single bet of $300. We will go over how to calculate parlay payouts in the section below here, but for now, we have done the calculations for you.
The profit on this bet as a parlay would be $1787.40! Even if we only bet $100 total, we would see a profit of $595.80. As you can see, you can bet 1/3 of the amount you bet total in the individual games and still make more than double what you would betting the games individually.
At this point, a lot of people are wondering why you would ever bet anything but parlays. You can bet less and make so much more! Well, as you are probably guessing, there is more to the story.
Let’s look at what happens in our same example, except this time we only pick two out of the three games correctly. We bet the same games again for $100 each individually, and we are correct on two out of the three games.
Game | Bet Amount | Odds | Outcome | Profit/Loss |
Game 1 | $100 | -110 | Win | $90.91 |
Game 2 | $100 | -110 | Win | $90.91 |
Game 3 | $100 | -110 | Loss | ($100.00) |
If we bet all three of the games as a parlay for $300 (or $100), our profit is negative $300 or negative $100. If you get even one game wrong in a parlay, you lose the entire bet. You’ve now seen the downside to parlays.
Even if you only get one game correct betting them individually, you’re only going to lose $109. If you bet the same $300 on a parlay, though, you lose the entire $300. The risk is higher for parlays, but the associated reward is also higher.
Find the odds of winning your sports bet parlay with the free parlay calculator (with push) below.
How to Use the Parlay Calculator
Enter your wager amount and odds (yellow fields) for each leg of the parlay and you will see your potential profit, equivalent American and Decimal odds, as well as the implied win probability of your parlay bet.
For a single bet, enter odds in American format. A minus sign (-) indicates a favorite while a plus sign (+) indicates an underdog.
Moneyline odds are the most common bets in a parlay, however you can select any type of bet. A money line bet is a wager on which team you think will win. Therefore money line bets are the most straight forward and easiest to interpret, especially when there are multiple in a parlay.
See Your Parlay Odds with Bets that Push
You can also check the Push boxes if your bet has pushed. Checking this box will adjust the parlay odds to account for the fact that you have pushed a given bet.
A “push” or tie, means that your bet will not cause your parlay to be graded as a loss. Instead that leg of the parlay will basically be ignored when calculating the payout of your parlay.
A bet could push if you bet on a point spread or total that hit exactly. For example, if the New York Knicks were +8 against the Los Angeles Lakers and lost by exactly 8 points, that would be a push.
Parlay Payouts Chart
Number of Bets in Parlay | Fair Payout (-110 Odds) | Fractional Odds | Fair Payout on a $10 Bet | Implied Win Probability |
---|---|---|---|---|
2 Team Parlay | 3.64 | 2.64/1 | $36.45 | 27.4% |
3 Team Parlay | 6.96 | 5.96/1 | $69.58 | 14.4% |
4 Team Parlay | 13.28 | 12.28/1 | $132.83 | 7.5% |
5 Team Parlay | 25.36 | 24.36/1 | $253.59 | 3.9% |
6 Team Parlay | 48.41 | 47.41/1 | $484.13 | 2.1% |
7 Team Parlay | 92.42 | 91.42/1 | $924.24 | 1.1% |
8 Team Parlay | 176.45 | 175.45/1 | $1,764.46 | 0.6% |
9 Team Parlay | 336.85 | 335.85/1 | $3,368.52 | 0.3% |
10 Team Parlay | 643.08 | 642.08/1 | $6,430.82 | 0.2% |
Parlay Betting FAQ
How do you calculate parlay odds?
1. Convert all bets to decimal odds
2. Multiply the decimal odds of each bet together
3. Convert combined decimal odds back to American odds
How much will my parlay pay?
Your parlay pay out will depend on the odds and bet amount of each leg of your parlay. You can use the parlay calculator above to see exactly how much your parlay will pay given the odds of each bet in the parlay.
How much does a 10 team parlay pay?
A 10 team parlay will pay out 643 times your wager amount assuming each leg of the parlay has -110 odds. For example, if you place a $10 bet on a 10 team parlay, your pay out would be $6,430.
What does a $20 two team parlay pay?
A Push On A Parlay
A $20 two team parlay pays $72.89 assuming both legs of the parlay were bet at -110 odds. This would result in a profit of $52.89.
What happens when a bet in a parlay pushes?
When one leg of a parlay pushes (“ties”), then that bet is essentially excluded from the parlay without making the whole bet a loss. When calculating the parlay odds, that bet will essentially be removed from the equation.
Do you need to bet the money line to bet a parlay?
How Does A Push On A Parlay Work
No, you can parlay almost any bet type. Money line bets are the most common, however you can also include point spreads, totals, props, etc.