2 Leg Parlay Calculator: 2 Team Parlay Payout & Odds
The smallest parlay there is. See what two legs pay and how it stacks up against two straight bets.
All 2 legs have to hit. Short parlays keep the math closer to fair.
This calculator is set to 2 legs at -110 with a $10 stake. Swap in your own prices and stake to see the combined parlay odds, total payout, and the chance that all 2 legs win.
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How the 2-Leg Parlay Calculator works
What does a 2 team parlay pay?
A 2 team parlay with every leg at -110 pays +264: $36.45 back on a $10 bet ($26.45 profit) and $364 on $100. To get there, convert each leg to decimal odds (-110 is 1.909), multiply all 2 together for 3.64, then multiply by your stake.
True odds of a 2 leg parlay
A -110 line on both sides is a coin flip once the vig comes out, so the fair chance all 2 legs win is 0.5 to the power of 2: 25.0%, or 1 in 4. The price you pay implies a higher 27.4%, because each -110 leg charges you as if it wins 52.4% of the time.
How much the book holds on a 2 leg parlay
If every leg is a true coin flip, the book expects to keep 8.9% of every dollar bet on a 2 leg parlay at -110, compared with 4.5% on one straight bet. Add a 3rd leg and that rises to 13.0%. The vig compounds with each leg, which is why books promote parlays so heavily.
2 leg parlay vs two straight bets
Put $10 on each of two -110 sides as straight bets and two wins profit $18.18. Put the same $10 on a 2 team parlay and two wins profit $26.45, while risking half as much. The catch is that one loss ends the parlay, where two straight bets split 1-1 only cost you the vig. A two-leg parlay has the lowest hold of any parlay, about 8.9%, which is why it is the most common way to start.
2 team parlay payout table
What a 2 leg parlay pays on $10 and $100 at common prices. The last column is the chance of all 2 legs winning that the odds themselves imply.
| 2 legs at | Parlay odds | $10 pays | $100 pays | Implied chance |
|---|---|---|---|---|
| All 2 at -110 (standard spread or total) | +264 | $36.45 | $364 | 27.4% |
| All 2 at even money (+100) | +300 | $40.00 | $400 | 25.0% |
| 1 favorites at -150, 1 at -110 | +218 | $31.82 | $318 | 31.4% |
| All 2 favorites at -150 | +178 | $27.78 | $278 | 36.0% |
| All 2 heavy favorites at -200 | +125 | $22.50 | $225 | 44.4% |
| One +150 underdog, 1 at -110 | +377 | $47.73 | $477 | 21.0% |
Payouts are total return (stake plus profit), legs assumed independent. Many sportsbooks cap the total payout on a single parlay.
True win probability at -110, and the book's hold
Need a different number of legs? Use the full parlay calculator, step up to a 3 leg parlay.
Frequently asked questions
What does a 2 team parlay pay?+
A 2 team parlay pays +264 when every leg is -110, so a $10 bet returns $36.45 and a $100 bet returns $364. Different prices change the payout; enter yours in the calculator above.
What are the odds of winning a 2 leg parlay?+
About 1 in 4 (25.0%) if each leg is a fair coin flip. The -110 prices imply 27.4%.
Is a 2 team parlay better than two straight bets?+
It pays more when both win ($26.45 profit on $10 versus $18.18 from two $10 straight bets), but it loses everything if either leg loses. The book keeps about 8.9% on a two-leg parlay at -110, roughly double the 4.5% on one straight bet.
Can I bet a 2 leg parlay on BettorEdge?+
Yes. BettorEdge offers community parlays at prices set by other bettors, so you keep more of the upside instead of paying a sportsbook's stacked parlay hold.