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Tool · Parlays

Most parlays are -⁠EV. Some aren't.

Most parlays lose to the book's margin. Whet's parlay board shows which book prices your whole ticket, and what it pays, before you place it.

The parlay board

Every game
Every game in every league on the board for the next three days, and every bet in the game you pick.
Your legs
Tap any + to start a parlay. Your legs land in the slip.
The book
The slip shows which book prices every leg and what the ticket pays there. Then place it at your book.
Why most parlays lose

Compound vig.

Each leg of a parlay carries the book's margin. A single bet at -110 has ~4.5% vig. A 3-leg parlay at -110 per leg compounds that: the price implies a better chance of cashing all three than you have, and that gap is the vig, taken three times over. Books love parlays because the structure favors the house.

Holding a slip and want the number? The parlay calculator multiplies the legs and, with the other side of each market, shows the fair payout and what the book keeps.

FAQ

Common questions.

Can a parlay ever be +EV?
Yes, when every leg is priced better than its real chance. It is uncommon, because the book's margin compounds with every leg you add.
How many legs should a parlay have?
Fewer than you want it to. Each leg multiplies both the book's margin and the size of the swings.
Which plan includes parlays?
Whet, at $24.99 a month.
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Comes with Whet: every bet in every game, and the book that prices your whole ticket.