Atlantic City Sports Betting
ACSportsbooks.com Parlay Bets
SPORTS BETTING 101
Reading the Spread
Money Line Bets
Over/Under Bets
Proposition Bets
Future Bets
Parlay Bets
Teaser Bets
If Bets
Reverse Bets
Round Robin Bets
More >>
SPORTS BETTING 102
How Bookies Profit
Creating the Spread
Line Movement
Parlay Odds
Teasers Odds
Sports Betting Terms
More >>
SPORTS BETTING 201
How to Profit
Money Management
Keeping a Record
Betting Baseball
Handicappers/Touts
More >>
SPORTS BETTING 301
Fantasy Sports
History/Trends
Home Field Advantage
The Super Bowl
March Madness
More >>

Sports Betting 101 - Parlay Bets


A parlay is a combination of 2 to more straight wagers placed as one wager. In order to win the bet, all your picks must be winners. This higher risk will result in a greater payout, calculated according to the money lines. If there is a tie or 'No Action' among the selections made, the parlay reverts down to the next lowest number for payoff. In the case of a 2-team parlay, it will revert down to a straight wager.


Example:
You want to make a 5 team parlay: Miami -5, New York +3, Seattle -4, New Jersey +7, San Francisco -8

If you bet $10 and all these games win, you win $210 at 21/1 odds. If 4 of the games win and 1 of the games is pushed (or considered "No Action"), you would wins $110 at 11/1 odds. If 1 of the games loses, you only lose $10 because the parlay loses.


Read more about parlay bets at Parlay Odds.




Top of Page