A parlay calculator can be very useful tool when trying to determine the value of a parlay bet.

Point Spread Parlays

If you are betting teams on the point spread (basketball & football parlays), just use the vigorish/juice you are being offered. Standard juice is -110.

Example: If you wanted to know what a $100 2 team parlay bet on Greenbay Packers -3 -110 and the San Diego Chargers +7 -110 would pay, you would type in -110 in the lines column for team 1 and the team 2. Type 100 in the Bet $ and hit calculate parlay. If you are doing it correctly the winnings should come out to $264 and some change.

Money line Parlays work a little Different

Enter the moneyline of your plays into the lines column. Favorites must have a minus in front of line, such as -120, -200, etc. When betting on an underdog, just enter the price, such as 160.

Don't enter anything into factor boxes. That is the math portion that the calculator figures out on its own.

Enter the dollar amount of your bet in Bet ($) box.

Click, calculate parlay to display the net win amount. The net is the total amount returned for a winning bet, which is the actual bet amount plus winnings.