the Jets, and Eagles -150 at the Washington Football Team. So you bet Packers -300 against the Lions, Patriots -200 vs. Let’s say you want to bet three heavy favorites on the moneyline because you’re confident each team will win, but not sure if they’ll cover the spread. Here’s a slightly more complicated example. In American odds, 5.97 is +597, meaning this parlay pays nearly 6-1.Įxample #2: Betting 3 Favorite NFL Teams on The Moneyline Parlay So if you're parlaying three NBA ( Warriors, Lakers, and Miami Heat) teams at - 110 in American odds, your formula looks like this, since - 110 in decimal odds is 1.91.
Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. It's more difficult to be right 5 times than 1. Parlays are a popular style of betting because of the higher payouts. Below is an example of how parlay cards work and betting with them. Pro and College football are the most popular sports for parlay card betting. Sportsbooks give you bigger and bigger payouts for adding more games to a parlay, but the probability of losing increases as well. People love playing parlay cards and they are very popular in work pools, online sports wagering or just for fun. If even one game loses, the parlay loses. A parlay is treated as one big bet, and every bet or selection within a parlay must-win for the parlay bet to payout. Parlay Calculator, Parlay Betting Odds FAQ & Examples What is a parlay bet?Ī parlay is a wager type in which multiple bets are linked together as one.