Parlays Explained

There are 2 different kinds of parlay. You can wager against the point spread, or against the money line. When wagering against the spread, the payoff is fixed, with the payout increasing the more teams you bet on. The payoff can range from 13-5 on a 2 team parlay to 600-1 on a 10 team parlay. This means that if you bet on two teams, you can win $13 for each $5 you bet. If you bet on 10 teams and win, then you will get $600 for every $1 you had wagered.

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What is a Parlay

For those that are new in the world of parlay betting. When we talk about a parlay we mean just a combination bet. Instead of making five or more separate bets on five different games, bettors places a single parlay bet, hoping they can predict the outcome of all five games.

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Parlay Your Parlay

Many of sports bettors play parlay cards. And many play higher parlays than they should. Why? It's mainly a lotto type thing. Many people just can't get excited about winning $60 for a $10 bet. Therefore, rather than betting the three-team parlay card, they add more teams and try to hit a home run by loading up on teams.

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How to Bet Parlays

Parlays are by far the most popular of the exotic wagers, as they offer the potential for a big payoff from a small wager. Simply stated, a parlay is a collection of a couple teams that you place a wager on and all of them must win in order for you to win your bet. If you place a four team parlay, going 3-1 isn't different than going 0-4. All of your bets must win, or at least tie, for you to win.

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The Advantages of Parlay Betting

The advantage of parlay betting is winnings are be getting more winnings. Let’s see an example of four sixes being thrown in a row at the dice table. If you had a place bet of $6 dollars on the six you could take down your winnings each time. You would end up with a profit of $7 dollars four times or $28.

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College Football Parlay Cards

College football. It’s one of the most anticipated sports season among sports bettors. If you are like most sports bettors, the words college football parlay makes you salivate. Step into any Las Vegas sportsbook on Saturday during the college football season and you will see lines of people frantically filling out hopefully soon-to-be winning college football parlay cards.

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