{"id":10534,"date":"2023-11-22T12:08:07","date_gmt":"2023-11-22T20:08:07","guid":{"rendered":"https:\/\/wagers.com\/staging\/4285\/?page_id=10534"},"modified":"2024-11-21T20:47:35","modified_gmt":"2024-11-22T04:47:35","slug":"parlays","status":"publish","type":"page","link":"https:\/\/wagers.com\/staging\/4285\/bet-types\/parlays\/","title":{"rendered":"Mastering the Art of Parlay Sports Betting"},"content":{"rendered":"\t\t
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How Sports Betting Futures Work<\/p>

To get started, you’ll want to familiarize yourself with how futures odds work. These odds reflect the probability of an event occurring and are\u00a0set by sportsbooks<\/span>\u00a0based on various factors such as team performance, trades, and injuries.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Do you like making long-shot bets with high payouts? That’s where the thrill of\u00a0parlay betting<\/span>\u00a0comes into play. A parlay is like a\u00a0sports betting combo meal<\/a>\u00a0\u2013 instead of just one pick, you bundle several bets on different games into one package. However, there is a catch. Each bet within your parlay must hit for you to see any return. It’s an all-or-nothing deal that can lead to some serious payouts, as well as bad beats.<\/p>\n

So, how do you place a parlay bet? First, navigate to your desired sport and select\u00a0two or more games<\/span>. Then, add each selection to your bet slip. On most online sportsbooks, there will be an option to combine these into a parlay rather than individual wagers. Enter your stake and your potential winnings will be calculated for you. Remember, while parlays offer larger payouts due to compounded odds, they also come with increased risk since one wrong pick can spoil the entire bet.<\/p>\n

Let’s say you’re eyeing an NFL Sunday lineup and want to create a parlay with three teams: the Baltimore Ravens -7.5 over the\u00a0Miami Dolphins<\/span>\u00a0(-110),\u00a0Jacksonville Jaguars<\/span>\u00a0+10.5 over the\u00a0Indianapolis Colts<\/span>\u00a0(-110), and\u00a0New England Patriots<\/span>\u00a0-3 over the\u00a0New York Jets<\/span>\u00a0(-110). If all three teams cover their spreads, your payout is significantly higher than if you’d placed individual bets on each game. But if even one team fails to cover, the entire parlay is lost.<\/p>\n

Parlays can be across multiple sports. It can include\u00a0point spreads,<\/a>\u00a0moneylines<\/a>,\u00a0totals<\/a>,\u00a0prop bets<\/a>, and in some cases,\u00a0futures<\/a>.\u00a0Same game parlays<\/span>\u00a0often combine several point spreads with an outcome. These are usually correlated, meaning the payout is lower than different events parlayed together.<\/p>\n

Same game parlay tip: Some prefilled\u00a0same game parlays<\/a>\u00a0shown in sports betting app menus offer worse odds than building the ticket yourself.\u00a0Wagers<\/em>\u00a0recommends putting the same card together off the board. You may find that the payout is higher when you build the bet yourself.<\/p>\n\n

Payouts<\/h2>\n

Parlays offer big payouts when they win. It is important to\u00a0bet responsibly<\/span>, as you should expect many will lose before hitting a big ticket. The more teams on a card, the more it is like a lottery ticket. Below are the payouts often found at\u00a0online sportsbooks<\/a>. Many sportsbooks cap at eight or ten leg-parlays. Payouts vary on the larger odds.<\/p>\n2 legs: 13\/5\n\n3: 6\/1\n\n4: 10\/1\n\n5: +2000\n\n6: 40\/1\n\n7: 80\/1\n\n8: 150\/1\n\n9: 300\/1\n\n10: 600\/1\n\n11: 1100\/1\n\n12: 2000\/1\n\n13: 3000\/1\n\n14: 6000\/1\n\n15: 10,000\/1\n

Pushes on a Parlay Card<\/h2>\n

A parlay card or ticket inevitably has a pushed leg. This means it landed on the point spread or the moneyline game ended in a tie. Most parlays\u00a0drop a pushed leg<\/span>\u00a0from the ticket. For example, a four-team parlay with three wins and a push pays out as a three-teamer. However, there are exotic parlay cards where ties win or lose. Always read the parlay rules to ensure you know what happens when a leg pushes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Discover how to amplify your sports betting experience by mastering the parlay. Learn step-by-step how to do it.<\/p>\n","protected":false},"author":34,"featured_media":0,"parent":10529,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"nf_dc_page":"","footnotes":""},"class_list":["post-10534","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/pages\/10534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/comments?post=10534"}],"version-history":[{"count":14,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/pages\/10534\/revisions"}],"predecessor-version":[{"id":17176,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/pages\/10534\/revisions\/17176"}],"up":[{"embeddable":true,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/pages\/10529"}],"wp:attachment":[{"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/media?parent=10534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}