A Parlay Bet Calculator (PBC) assists bettors in estimating the potential payout of parlay bets, which combine multiple selections into a single wager. By inputting the odds for each leg of the parlay, the PBC computes the total possible winnings automatically. This tool is particularly useful for bettors who want to know what to expect if all their picks win. However, it’s important to balance the number of legs in a parlay, as more legs increase potential returns but also reduce the chances of success.