A three-leg parlay with 1.01, 1.6, 1.5 odds, and a $100 stake can lead to a $242.4 payout. If sports bettors can stake $100 on each selection and win, they can get a total of $411, assuming they have the necessary bankroll. However, many gamblers will likely have a limited budget and split the hundred, and they’ll only potentially win $135.63. The payout of multiple single bets is significantly lower than a single parlay bet.