In the case of a push on your parlay ticket, you wouldn’t lose your bet, but you would reduce your odds – pushes just eliminate that bet from your wager, because you didn’t technically lose that bet. You can choose between two and 20 picks and see if you can correctly pick the outcome of all selections.Īt BetUS, the largest parlay payout you can receive is $200,000. When you bet a parlay, you’re combining the odds together, pooling those odds so that if you correctly predict all outcomes you can expect a big payout. When you place a single game wager, you will be able to view the odds for that specific game outcome. That’s just three games, imagine cashing in on a 10-game parlay! How to Calculate Parlay Odds It’s pretty amazing what some sports bettors can win by correcting a few games correctly. If you combine those odds and all of those outcomes occur, you would walk away with $1,852.52 in winnings plus your initial stake – so a payout of $2,152.52. If you took those three games and combined them into a $300 parlay, you would be looking at quite a different scenario. If you bet all of these games you would win a little over $279.24. Toronto Raptors versus Boston Celtics (225 total, under, with -120 odds) A $100 wager would pay out $83.33 A $100 wager would pay out $90.91Ĭolorado Avalanche (moneyline +105 odds) A $100 wager would payout $105 New England Patriots (-5.5 point spread, -110 odds). Let’s look at an example of the difference between betting on three single games individually and combining them into a parlay. Parlays are appealing to sports bettors because you can win some big money by betting on multiple games at once – you just have to do your research and ensure you are making smart betting decisions because you can’t make a single mistake or your bet won’t cash. You could bet on the NFL, NBA and NHL all at the same time, spreading your wagers out across different leagues. It’s common on any given night for there to be multiple sports being played, so not only can you mix different betting types, you can bet on different sports on the same ticket. Usually sportsbooks prevent you from adding more than one bet from the same game, so you can pick a few different games and mix and match betting types if you so desire. Your parlay bet can consist of two or more moneyline bets, point spreads, totals and even prop bets. We repeat all legs of your parlay must be correct or you lose. To place a parlay bet, you can combine the odds for three or more events and if all legs of your wager are correct, you will win a much larger payout than a simple single-game wager. Any names, logos, or images are trademarks™ or registered® trademarks of their respective holders.Parlay betting is a common way to bet on sports that allows you to raise the stakes for larger payouts. We are not affiliated, associated, authorized, endorsed by, or in any way officially connected with the NFL, MLB, NBA, NHL, PGA, UFC, or any other league or team. Please be aware of and respect the laws regarding sports betting for your jurisdiction. © Copyright 2023 ® Cookie Settings The content of this website is intended to be used for entertainment purposes only.
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