Parlays
How to bet on Parlays:
The most profitable wager in the sportsbook is the parlay.
The parlay allows the sports bettor to turn a huge profit off a minimal bet.
For example,
if you bet $10 on an 8 team parlay and hit all 8 teams. you would win $1000.
All a parlay is, is two or more teams or propositions
tied together to make one wager. All teams
must win by the listed point spread. Even though all teams must win in your parlay, the
payout is much higher.
Hint: To increase the profitability on a parlay, try putting money line underdogs into your wager.
Football & Basketball Parlays Payoffs
2 team .......... 13 - 5
3 team .......... 6 - 1
4 team .......... 11 - 1
5 team .......... 21 - 1
6 team .......... 40 - 1
7 team .......... 60 - 1
8 team .......... 100 - 1
9 team .......... 150 - 1
10 team ..........300 - 1
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In case of "No Action" or a "Tie", the parlay is reduced to the next lowest number of plays. Two team parlays become a straight bet.