Polytoolhub
What is ParlayIt?
ParlayIt lists its own markets and combines selected outcomes into native parlay positions. Market makers refresh the combined order book through an RFQ process; the betslip shows the current price and fee. A position can be sold before resolution when liquidity is available, or held until all legs settle.
Who it is for
- Users comparing native prediction-market parlays
- Traders who want a quoted combined position
- Researchers examining parlay settlement and pricing
Features and coverage
- Available on
- Web
- Markets & venues
- ParlayIt
- Research topics
- Native parlays, RFQ pricing
- Two to five legs
Combine outcomes from different open markets.
- Correlation checks
Some obviously correlated pairs are blocked.
- YES and NO parlay sides
Review which combined proposition the position represents.
- Refreshing quotes
RFQs update the betslip roughly every five seconds and after material changes.
- Tradable positions
Sell to the parlay order book before resolution if a bid is available.
- Visible fees
Inspect the exact charge before placing the trade.
- Portfolio and leaderboard
Track positions and participation.
- 50/50 resolution
The protocol supports a partial payout when a leg cannot resolve cleanly.
Workflows with ParlayIt
Build a ticket
Choose two to five distinct markets, review each rule, then inspect side, stake, quote and fee.
Exit early
Compare the available bid with the remaining settlement scenarios before selling.
Calculate a partial result
A 50/50 leg multiplies the documented payout by 0.5; two such legs produce a 0.25 factor.
Pricing and total cost
The documentation lists no fees for buying or selling individual-market positions. Parlays have a variable fee shown in the betslip: the lower of the combined-price formula and the sum of per-leg fees after dropping the largest. The documented 2% rate is a worked example, not a universal quoted tariff.
Getting started
Before you start: These are ParlayIt’s own markets, not Polymarket positions.
- Open the markets page.
- Read the rules for each selected event.
- Add two to five outcomes to the betslip.
- Review the combined YES/NO side.
- Wait for a fresh quote and inspect the fee.
- Confirm only after checking the settlement scenarios.
Useful links
What to check
- These are ParlayIt’s own markets, not Polymarket positions.
- The team applies published resolution rules and commits the result on-chain; the docs describe no extended dispute process.
- Trading can continue after the real-world event until on-chain resolution.
- Thin liquidity can produce a wider quote, smaller available size or no quote.
- Automatic oracle resolution is described as expanding by market type.
A closer look
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Frequently asked questions about ParlayIt
How many legs can I combine?
Between two and five.
Can I use the same market twice?
No.
Can I sell before all legs resolve?
The docs allow selling to the parlay order book, subject to liquidity.
What does one 50/50 leg do?
It applies a 0.5 payout multiplier under the documented rules.