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3 Leg Parlay Calculator: 3 Team Parlay Payout & Odds

The most searched parlay size. Three legs at -110 pay close to 6 to 1, and here is the math behind it.

Odds format
Leg 1
Leg 2
Leg 3
Total payout
$69.58
$59.58 profit · +596 odds
Real chance it hits
14.4%

All 3 legs have to hit. This is the bet the house is counting on.

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This calculator is set to 3 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 3 legs win.

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The breakdown

How the 3-Leg Parlay Calculator works

01

What does a 3 team parlay pay?

A 3 team parlay with every leg at -110 pays +596: $69.58 back on a $10 bet ($59.58 profit) and $696 on $100. To get there, convert each leg to decimal odds (-110 is 1.909), multiply all 3 together for 6.96, then multiply by your stake.

02

True odds of a 3 leg parlay

A -110 line on both sides is a coin flip once the vig comes out, so the fair chance all 3 legs win is 0.5 to the power of 3: 12.5%, or 1 in 8. The price you pay implies a higher 14.4%, because each -110 leg charges you as if it wins 52.4% of the time.

03

How much the book holds on a 3 leg parlay

If every leg is a true coin flip, the book expects to keep 13.0% of every dollar bet on a 3 leg parlay at -110, compared with 4.5% on one straight bet. Add a 4th leg and that rises to 17.0%. The vig compounds with each leg, which is why books promote parlays so heavily.

04

How often a 3 leg parlay loses by one leg

With three coin-flip legs, the chance of going exactly 2 for 3 is 37.5%, about three times the 12.5% chance of going 3 for 3. That is why a 3 team parlay so often feels close: missing by one leg is the single most likely outcome. If you want partial credit for a 2 out of 3 result, a round robin of two-leg parlays is the tool for that.

3 leg payouts

3 team parlay payout table

What a 3 leg parlay pays on $10 and $100 at common prices. The last column is the chance of all 3 legs winning that the odds themselves imply.

3 legs atParlay odds$10 pays$100 paysImplied chance
All 3 at -110 (standard spread or total)+596$69.58$69614.4%
All 3 at even money (+100)+700$80.00$80012.5%
2 favorites at -150, 1 at -110+430$53.03$53018.9%
All 3 favorites at -150+363$46.30$46321.6%
All 3 heavy favorites at -200+238$33.75$33829.6%
One +150 underdog, 2 at -110+811$91.12$91111.0%

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

Fair chance all hit
12.5%
1 in 8, each leg a 50% coin flip
Chance the price implies
14.4%
each -110 leg priced at 52.4%
Book's expected hold
13.0%
vs 4.5% on one -110 straight bet

Need a different number of legs? Use the full parlay calculator, step down to a 2 leg parlay or step up to a 4 leg parlay.

Frequently asked questions

What does a 3 team parlay pay?+

A 3 team parlay pays +596 when every leg is -110, so a $10 bet returns $69.58 and a $100 bet returns $696. Different prices change the payout; enter yours in the calculator above.

What are the odds of winning a 3 leg parlay?+

About 1 in 8 (12.5%) if each leg is a fair coin flip. The -110 prices imply 14.4%.

What happens if 2 out of 3 legs win on a parlay?+

The parlay loses. Every leg has to win. With three -110 legs, going exactly 2 for 3 happens about 37.5% of the time, which is more often than hitting all three (12.5%).

Can I bet a 3 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.