ParlayAPI Calculators API

The Calculators API from ParlayAPI — 8 operation(s) for calculators.

Operations 8

GET /v1/calc/kelly Calc Kelly #
GET /v1/calc/hedge Calc Hedge #
GET /v1/calc/edge Calc Edge #
GET /v1/calc/free-bet Calc Free Bet #
POST /v1/parlay/verdict Parlay Verdict #
POST /v1/parlay/price Price Parlay #
POST /v1/clv Grade Clv #
POST /v1/clv/history Clv History #

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OpenAPI Specification

parlay-api-calculators-api-openapi.yml Raw ↑
openapi: 3.2.0
info:
  title: Parlay Calculators API
  description: Real-time sports odds aggregation from **33 books and data sources** updated every 2-120 seconds depending on source cadence.
  version: 3.2.0
  x-credit-currency: credits
  x-credit-cost-catalogue-url: /v1/meta/credit-costs
  x-pricing-url: /v1/pricing
  x-usage-url: /v1/usage
  contact:
    name: ParlayAPI support
    url: https://parlay-api.com/support
    email: support@parlay-api.com
  license:
    name: ParlayAPI Terms of Service
    url: https://parlay-api.com/terms
  termsOfService: https://parlay-api.com/terms
servers:
- url: https://parlay-api.com
  description: Production (primary; HTTP/2, TLS 1.3).
- url: https://api.parlay-api.com
  description: Production (high-volume; bypasses Cloudflare edge for trading bots above 30 req/min). Same origin, same auth, same endpoints.
tags:
- name: Calculators
  description: Parlay pricing, CLV grading, Kelly / hedge / edge / free-bet math.
paths:
  /v1/calc/kelly:
    get:
      summary: Calc Kelly
      description: 'Fractional Kelly stake. FREE. iter-75 deploy / #456.


        Returns the optimal stake size given a bankroll, the price you can

        bet at, your estimated win probability, and a fraction-of-Kelly

        multiplier (most bettors use 0.25-0.5 Kelly to avoid overbetting

        on noisy win-prob estimates).


        `expected_value_usd` is the +EV in dollars (positive means the bet

        is +EV at your win_prob; negative means -EV). If the Kelly stake

        is negative, the math says don''t bet.'
      operationId: calc_kelly_v1_calc_kelly_get
      parameters:
      - name: bankroll
        in: query
        required: true
        schema:
          type: number
          exclusiveMinimum: 0
          description: Total bankroll in USD
          title: Bankroll
        description: Total bankroll in USD
      - name: odds
        in: query
        required: true
        schema:
          type: string
          description: Bet price (American or decimal, e.g. '-110' or '1.91')
          title: Odds
        description: Bet price (American or decimal, e.g. '-110' or '1.91')
      - name: win_prob
        in: query
        required: true
        schema:
          type: number
          exclusiveMaximum: 1
          exclusiveMinimum: 0
          description: Your estimated win probability (0 < p < 1)
          title: Win Prob
        description: Your estimated win probability (0 < p < 1)
      - name: fraction
        in: query
        required: false
        schema:
          type: number
          maximum: 1.0
          exclusiveMinimum: 0
          description: Kelly fraction multiplier (0.25 = quarter Kelly)
          default: 0.25
          title: Fraction
        description: Kelly fraction multiplier (0.25 = quarter Kelly)
      responses:
        '200':
          description: Successful Response
          content:
            application/json:
              schema: {}
        '422':
          description: Validation Error
          content:
            application/json:
              schema:
                $ref: '#/components/schemas/HTTPValidationError'
      tags:
      - Calculators
  /v1/calc/hedge:
    get:
      summary: Calc Hedge
      description: 'Compute the hedge stake. FREE. iter-75 deploy / #456.


        Two-outcome hedge against an existing position. `original_stake` is

        what you placed on side A at `original_odds`. `hedge_odds` is what

        the OTHER side is currently quoted at. Returns the hedge stake +

        profit-if-A-wins and profit-if-B-wins.'
      operationId: calc_hedge_v1_calc_hedge_get
      parameters:
      - name: original_stake
        in: query
        required: true
        schema:
          type: number
          exclusiveMinimum: 0
          description: Stake you already placed
          title: Original Stake
        description: Stake you already placed
      - name: original_odds
        in: query
        required: true
        schema:
          type: string
          description: Odds you took (American or decimal)
          title: Original Odds
        description: Odds you took (American or decimal)
      - name: hedge_odds
        in: query
        required: true
        schema:
          type: string
          description: Current available odds on the other side
          title: Hedge Odds
        description: Current available odds on the other side
      - name: target
        in: query
        required: false
        schema:
          type: string
          description: 'One of: equal_profit (lock in identical profit either side), guaranteed_minimum (max guaranteed return), free_roll (bet just enough to recover original_stake)'
          default: equal_profit
          title: Target
        description: 'One of: equal_profit (lock in identical profit either side), guaranteed_minimum (max guaranteed return), free_roll (bet just enough to recover original_stake)'
      responses:
        '200':
          description: Successful Response
          content:
            application/json:
              schema: {}
        '422':
          description: Validation Error
          content:
            application/json:
              schema:
                $ref: '#/components/schemas/HTTPValidationError'
      tags:
      - Calculators
  /v1/calc/edge:
    get:
      summary: Calc Edge
      description: '+EV / fair-line / no-vig calculator. FREE. iter-75 deploy / #456.


        Two modes:

        1. Pass `true_prob` directly: returns EV vs your stated win prob.

        2. Pass `sharp_over_odds` + `sharp_under_odds`: derives the no-vig

        fair probability from the two-sided sharp market, then computes

        EV against that fair line. This is the canonical EV-scan formula.


        `edge_pct` is in percent (positive = +EV).'
      operationId: calc_edge_v1_calc_edge_get
      parameters:
      - name: odds
        in: query
        required: true
        schema:
          type: string
          description: The price you can bet at (American or decimal)
          title: Odds
        description: The price you can bet at (American or decimal)
      - name: true_prob
        in: query
        required: false
        schema:
          anyOf:
          - type: number
            exclusiveMaximum: 1
            exclusiveMinimum: 0
          - type: 'null'
          description: Your estimated true win probability. Either this OR (sharp_over_odds + sharp_under_odds) required.
          title: True Prob
        description: Your estimated true win probability. Either this OR (sharp_over_odds + sharp_under_odds) required.
      - name: sharp_over_odds
        in: query
        required: false
        schema:
          anyOf:
          - type: string
          - type: 'null'
          description: Sharp book's price on the SAME side as `odds`. Used with sharp_under_odds for no-vig fair-line derivation.
          title: Sharp Over Odds
        description: Sharp book's price on the SAME side as `odds`. Used with sharp_under_odds for no-vig fair-line derivation.
      - name: sharp_under_odds
        in: query
        required: false
        schema:
          anyOf:
          - type: string
          - type: 'null'
          description: Sharp book's price on the OPPOSITE side. Used with sharp_over_odds for no-vig.
          title: Sharp Under Odds
        description: Sharp book's price on the OPPOSITE side. Used with sharp_over_odds for no-vig.
      - name: stake
        in: query
        required: false
        schema:
          type: number
          exclusiveMinimum: 0
          description: Stake to compute EV-in-dollars (default $100)
          default: 100
          title: Stake
        description: Stake to compute EV-in-dollars (default $100)
      responses:
        '200':
          description: Successful Response
          content:
            application/json:
              schema: {}
        '422':
          description: Validation Error
          content:
            application/json:
              schema:
                $ref: '#/components/schemas/HTTPValidationError'
      tags:
      - Calculators
  /v1/calc/free-bet:
    get:
      summary: Calc Free Bet
      description: 'Convert a sportsbook free-bet promo to guaranteed cash. FREE.

        iter-75 deploy / #456.


        The free-bet pays out as STAKE-FREE-WINNINGS (the original stake is

        NOT returned). So on a $50 free bet at +200, win → $100 returned

        (not $150). Hedge math accounts for this: hedge_stake = free_bet * b

        where b = bet_odds_decimal - 1.'
      operationId: calc_free_bet_v1_calc_free_bet_get
      parameters:
      - name: free_bet_usd
        in: query
        required: true
        schema:
          type: number
          exclusiveMinimum: 0
          description: Face value of the free bet
          title: Free Bet Usd
        description: Face value of the free bet
      - name: bet_odds
        in: query
        required: true
        schema:
          type: string
          description: Odds you'd take on side A using the free bet
          title: Bet Odds
        description: Odds you'd take on side A using the free bet
      - name: hedge_odds
        in: query
        required: true
        schema:
          type: string
          description: Odds on side B at a different book for the hedge
          title: Hedge Odds
        description: Odds on side B at a different book for the hedge
      responses:
        '200':
          description: Successful Response
          content:
            application/json:
              schema: {}
        '422':
          description: Validation Error
          content:
            application/json:
              schema:
                $ref: '#/components/schemas/HTTPValidationError'
      tags:
      - Calculators
  /v1/parlay/verdict:
    post:
      summary: Parlay Verdict
      description: 'Grade a multi-leg parlay in one call. 10 credits.


        POST body:

        {"legs": [ {sport, market, side, home, away | team, player, line}, ... ],

        "region"?, "books"?, "book"?, "stake"?, "sharpBook"?}


        Returns each leg''s fair-vs-best, the combined no-vig fair price, the single

        BEST BOOK to place the whole parlay at (a real parlay is one slip at one

        book, not best-of-each), the parlay''s EV, the weakest leg, same-game

        correlation warnings, and (with `stake`) the payout. Reuses the /v1/verdict

        engine so single-bet and parlay verdicts agree, and scopes to the books you

        can bet at (region/books, same as /v1/verdict).'
      operationId: parlay_verdict_v1_parlay_verdict_post
      responses:
        '200':
          description: Successful Response
          content:
            application/json:
              schema: {}
      tags:
      - Calculators
  /v1/parlay/price:
    post:
      summary: Price Parlay
      description: 'Combine multiple legs into a parlay and return per-bookmaker

        combined odds. iteration_022 #209: in a product called ParlayAPI,

        callers had to client-side multiply decimal odds across N /odds

        calls themselves; this endpoint does that work server-side.


        Cost: 2 credits per leg (min 4).


        Request body:

        ```

        {

        "legs": [

        {"sport_key":"basketball_nba","event_id":"",

        "market":"h2h","outcome":"Cleveland Cavaliers"},

        {"sport_key":"soccer_epl","event_id":"",

        "market":"h2h","outcome":"Tottenham Hotspur"},

        {"sport_key":"baseball_mlb","event_id":"",

        "market":"totals","outcome":"Over","point":9.0}

        ],

        "bookmakers": ["fanduel","draftkings","betmgm"]

        }

        ```

        Returns one entry per bookmaker that prices ALL legs, sorted by

        combined decimal odds DESCending (best to worst). Books missing

        even one leg appear in `missing_books` with which legs they couldn''t

        price. SGP flag set when 2+ legs share the same event_id; raw

        multiplication is the LOWER bound for SGP (real books apply a

        correlation discount we don''t replicate).'
      operationId: price_parlay_v1_parlay_price_post
      responses:
        '200':
          description: Successful Response
          content:
            application/json:
              schema: {}
      x-credit-cost-formula: max(4, 2 x len(legs))
      x-credit-cost-floor: 4
      x-credit-cost-type: variable
      x-credit-cost-example: 3-leg parlay = max(4, 6) = 6 credits
      x-credit-cost-description: Multi-leg parlay pricing
      security:
      - apiKeyHeader: []
      - apiKeyQuery: []
      - bearerAuth: []
      tags:
      - Calculators
  /v1/clv:
    post:
      summary: Grade Clv
      description: 'Closing-line-value scoring for a list of bets.


        Accepts a bet slip and returns per-bet CLV vs the closing line at a

        sharp book (default pinnacle, falls back to novig if pinnacle didn''t

        price the market). CLV is the +EV-volume bettor''s primary validation

        metric: positive CLV means you beat the closing line, which over a

        large sample size is the most reliable signal that your strategy is

        actually +EV regardless of individual-bet win/loss outcomes.


        Cost: 2 credits per bet (min 5).


        Request body:

        ```

        {

        "bets": [

        {

        "sport_key": "baseball_mlb",

        "game_date": "2026-05-12",

        "player": "Nico Hoerner", // omit for game-line bets

        "home_team": "Atlanta Braves", // required for game-line bets

        "away_team": "Chicago Cubs",

        "market": "player_runs", // or h2h, spreads, totals

        "outcome": "over", // over/under for props/totals;

        // team name for h2h/spreads

        "line": 0.5, // null for h2h

        "taken_odds": -110, // your fill in American odds

        "taken_at": "2026-05-12T18:00:00Z" // optional

        }

        ],

        "sharp_book": "pinnacle" // optional; defaults to pinnacle

        }

        ```


        Response: per-bet `clv_cents`, `clv_pct`, no-vig adjusted CLV when both

        sides have a closing price, plus a `summary` with aggregate stats.'
      operationId: grade_clv_v1_clv_post
      responses:
        '200':
          description: Successful Response
          content:
            application/json:
              schema: {}
      x-credit-cost-formula: max(5, 2 x len(bets))
      x-credit-cost-floor: 5
      x-credit-cost-type: variable
      x-credit-cost-example: 10-bet batch = max(5, 20) = 20 credits
      x-credit-cost-description: Closing-line-value batch grader
      security:
      - apiKeyHeader: []
      - apiKeyQuery: []
      - bearerAuth: []
      tags:
      - Calculators
  /v1/clv/history:
    post:
      summary: Clv History
      description: 'Batch CLV history grader with date-range + period-market coverage.


        Body:

        ```

        {

        "bets": [, ...], # same shape as /v1/clv

        "date_from": "YYYY-MM-DD", # optional, inclusive

        "date_to": "YYYY-MM-DD", # optional, inclusive

        "sharp_book": "pinnacle", # optional, default pinnacle

        "include_period_archive": false, # optional, default false

        "period_key": "Q1", # required when include_period_archive

        # AND any bet''s market is a period market

        }

        ```


        Cost: max(15, 10 + 3 * len(bets)).


        Gated by `CLV_HISTORY_ENABLED=1`. Default OFF; returns 503

        with explanatory body when disabled.'
      operationId: clv_history_v1_clv_history_post
      responses:
        '200':
          description: Successful Response
          content:
            application/json:
              schema: {}
      x-credit-cost-formula: max(15, 10 + 3 x len(bets))
      x-credit-cost-floor: 15
      x-credit-cost-type: variable
      x-credit-cost-example: 50-bet history grade = max(15, 160) = 160 credits
      x-credit-cost-description: Batch CLV grader with date-range + period-market coverage
      security:
      - apiKeyHeader: []
      - apiKeyQuery: []
      - bearerAuth: []
      tags:
      - Calculators
components:
  schemas:
    ValidationError:
      properties:
        loc:
          items:
            anyOf:
            - type: string
            - type: integer
          type: array
          title: Location
        msg:
          type: string
          title: Message
        type:
          type: string
          title: Error Type
        input:
          title: Input
        ctx:
          type: object
          title: Context
      type: object
      required:
      - loc
      - msg
      - type
      title: ValidationError
    HTTPValidationError:
      properties:
        detail:
          items:
            $ref: '#/components/schemas/ValidationError'
          type: array
          title: Detail
      type: object
      title: HTTPValidationError
  securitySchemes:
    apiKeyHeader:
      type: apiKey
      in: header
      name: X-API-Key
      description: API key passed in the X-API-Key header. Recommended.
    apiKeyQuery:
      type: apiKey
      in: query
      name: apiKey
      description: API key passed as the ?apiKey= query parameter. Useful for browser fetch() and webhooks where header control is limited. Equivalent to X-API-Key.
    bearerAuth:
      type: http
      scheme: bearer
      bearerFormat: APIKey
      description: 'API key passed via Authorization: Bearer <key>. Equivalent to X-API-Key for compatibility with auth libraries that expect bearer tokens.'