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Parlays
Many players enjoy the thrill of the parlay bet, where a number of bets are placed one after the other, with the potential return (and the associated risk) multiplying after each event. A parlay wager consists of picking two to eight teams or totals and putting them together into a single play or wager.
Rules
All teams must win by the listed point spread or total, if even one of the picks loses, the entire wager is a loss. You can place as many underdogs as you would like.
In the case of a "No Action" or a "Tie," the Parlay is reduced to the next lowest number parlay, example: a 3parlay becomes a 2parlay, a 2parlay becomes a straight bet. The payoff on a parlay is determined by the number of teams and can be changed if any team in the parlay has a moneyline.
Parlaying wagers from different sports is allowed (when technically possible).Pay off odds increase as number of wagers parlayed increase Minimum of 2 wagers, maximum of 10.
Example
In the next example, the bettor has selected Miami to win the AFC East, Cleveland to win the AFC North, and Kansas City to win the AFC West. After doing your homework, you are very confident that all these wagers are winners.
| Selection | Bet |
|---|---|
AFC East Division |
2.50 |
| Miami Dolphins | |
| AFC North Division | 3.00 |
| Cleveland | |
| AFC West Division | 2.81 |
| Kansas City Chiefs | |
| Bet Price: | 21.075 |
Three individual stakes of $10 each would return $25, $30 and $28.10 on each proposition, a return of $83.10 on the $30 wagered. However, the bettor has chosen to combine all three bets into a parlay, and this offers him or her a return of $210.75 on his or her bet of just $10, a considerably improved return. It is important to note, however, that all three individual propositions must win for the bet to win. If one loses, the entire bet is a loser.
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Parlay Calculator
Try out our online Parlay Calculator. Our handy Parlay Calculator allows you to calculate the payoff of parlay bets of up to 8 teams with ease; just input the prices and the amount to see the result.
