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4 Leg Parlay Calculator: 4 Team Parlay Payout & Odds

Four legs pay better than 12 to 1 at -110. See the payout, the real chance, and how a round robin changes it.

Odds format
Leg 1
Leg 2
Leg 3
Leg 4
Total payout
$132.83
$122.83 profit · +1228 odds
Real chance it hits
7.5%

All 4 legs have to hit. This is the bet the house is counting on.

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This calculator is set to 4 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 4 legs win.

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The breakdown

How the 4-Leg Parlay Calculator works

01

What does a 4 team parlay pay?

A 4 team parlay with every leg at -110 pays +1228: $132.83 back on a $10 bet ($122.83 profit) and $1,328 on $100. To get there, convert each leg to decimal odds (-110 is 1.909), multiply all 4 together for 13.28, then multiply by your stake.

02

True odds of a 4 leg parlay

A -110 line on both sides is a coin flip once the vig comes out, so the fair chance all 4 legs win is 0.5 to the power of 4: 6.3%, or 1 in 16. The price you pay implies a higher 7.5%, because each -110 leg charges you as if it wins 52.4% of the time.

03

How much the book holds on a 4 leg parlay

If every leg is a true coin flip, the book expects to keep 17.0% of every dollar bet on a 4 leg parlay at -110, compared with 4.5% on one straight bet. Add a 5th leg and that rises to 20.8%. The vig compounds with each leg, which is why books promote parlays so heavily.

04

4 team parlay or a round robin by 3s?

A 4 team parlay at -110 returns $1,328 on $100 but hits about 1 in 16. A round robin by 3s splits the same four picks into four separate 3-leg parlays, so one losing leg still leaves one ticket alive. You get a smaller top payout in exchange for not needing a perfect 4 for 4. Use the round robin calculator to price that version.

4 leg payouts

4 team parlay payout table

What a 4 leg parlay pays on $10 and $100 at common prices. The last column is the chance of all 4 legs winning that the odds themselves imply.

4 legs atParlay odds$10 pays$100 paysImplied chance
All 4 at -110 (standard spread or total)+1228$132.83$1,3287.5%
All 4 at even money (+100)+1500$160.00$1,6006.3%
2 favorites at -150, 2 at -110+912$101.24$1,0129.9%
All 4 favorites at -150+672$77.16$77213.0%
All 4 heavy favorites at -200+406$50.63$50619.8%
One +150 underdog, 3 at -110+1639$173.95$1,7395.7%

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
6.3%
1 in 16, each leg a 50% coin flip
Chance the price implies
7.5%
each -110 leg priced at 52.4%
Book's expected hold
17.0%
vs 4.5% on one -110 straight bet

Need a different number of legs? Use the full parlay calculator, step down to a 3 leg parlay or step up to a 5 leg parlay.

Frequently asked questions

What does a 4 team parlay pay?+

A 4 team parlay pays +1228 when every leg is -110, so a $10 bet returns $132.83 and a $100 bet returns $1,328. Different prices change the payout; enter yours in the calculator above.

What are the odds of winning a 4 leg parlay?+

About 1 in 16 (6.3%) if each leg is a fair coin flip. The -110 prices imply 7.5%.

What are the odds of hitting a 4 leg parlay?+

With four fair coin-flip legs, about 6.3%, or 1 in 16. The -110 prices imply 7.5%, and the difference is the book's 17.0% hold.

Can I bet a 4 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.