Parlay Bet
A parlay is a single bet that includes two or more teams on your sports betting ticket. All teams must cover the spread in order to win your parlay bet. A sports betting parlay bet may include different sports, pointspreads, money lines and totals. The payout depends on the number of sports gambling wagers. Here are the payouts:
Parlay Payouts |
|
Number of Teams |
Payout |
2 Teams |
2.6/1 |
3 Teams |
6/1 |
4 Teams |
11/1 |
5 Teams |
21/1 |
6 Teams |
41/1 |
7 Teams |
71/1 |
8 Teams |
101/1 |
9 Teams |
201/1 |
10 Teams |
351/1 |
In the event of a tie in the sports gambling parlay the number of teams in the parlay and its payout will lower. For example, if one team ties in a four team parlay, it will drop to a three team parlay. If one team ties in a two team sports gambling parlay, it will revert to a straight bet. Postponed or cancelled games are considered a tie for all wagering purposes.
*Notes:
Maximum payout is $50,000.
Sports-gambling does not allow these combination parlays:
- Soccer goal line and total of the same game
- Hockey goal line and total of the same game
- Baseball run line and total of the same game
- Football side and total of the same game when ratio between the side and total is less than 3/1
- Basketball side and total of the same game (managers discretion.)
- Also note that any parlay of three or more teams (underdogs) will only give the standard payout.
