The Professional Handicappers League Handicapper Tools, Calculators and Glossary

SPORTS PARLAY CALCULATOR
How to use the parlay calculator.
  • Enter the moneyline of your plays
  • Favorites must have a minus in front of line -110
  • Underdogs just enter the number, example 135

POINT SPREAD PARLAYS

If you are betting teams on the point spread (basketball & football parlays), just use the vig/juice you are being offered. An example of standard juice is -110.

For example if you wanted to know what a $100 2 team parlay bet on the Eagles -3/-110 and the Bears +7/-110 would pay, you would enter (-110) in the lines column for team 1 and 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

Enter the moneyline of your plays into the lines column. Favorites must have a minus in front of line, such as -120, -200, etc. If you are playing an underdogs, just enter the price, such as 160. 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.