The parlay odds and pay outs continue to elevate as more events are added to the combination wager, and there's no need for a parlay calculator - the online sportsbook will provide it for you. Meaning, all elements of the parlay must win to win the bet.īecause more than one event needs to occur, the odds increase, thus heightening the cash winnings. If any portion of the wager loses, then you'll lose the entire parlay. Each sportsbook will differ in what they will allow for inclusion into a parlay bet. These combinations can include point spreads, money line bets, or prop bets, and can involve multiple sports, or more than one wager contained within the same game. Parlay Definition: Put quite simply, a parlay bet is a combination of two or more wagers. The beauty of parlay sports betting, it's easy money for the house, and not much risk for the bettor, while also supplying huge payouts when they do win.
Sportsbooks love it when you make a parlay bet because parlay payouts are a rare occurrence. When you bet parlays online, the allure is this - you can hit a 500 foot home run with a toothpick.
