- Parlay Betting Odds In Vegas
- Parlay In Vegas We Was In Attendance
- Big Parlay Win In Vegas
- Best Parlay Odds In Vegas
- A parlay, or combo bet, is a selection of 2-12 bets put together in one wager. Winning the parlay needs all of your individual selections to win. If any bet in your parlay is a loss, the entire wager is graded as a loss. But if it hits, the payoff could reach six digits (depending on what you risk).
- Parlay payouts need to make up for these disadvantages in order to be successful. That’s why parlay bettors must use our payout chart or the chart from their individual sportsbook before betting. 3) One advantage parlay betting does have is you can forecast how one game will play out and fill two legs of a two team parlay with the spread.
$100 Parlay to win $250 on the Patriots -3.5 (1st Half)/Patriots -7 (Game) $100 Parlay to win $250 on the Lions +3.5 (1st Half)/Lions +7 (Game) Now obviously one of these wagers is going to lose, but that’s ok! Our goal here is just to win however many parlays we need to in order to turn a profit.
Best Parlay Odds
It’s always important to get good odds and prices no matter what type of bettor you are. But let’s keep things in perspective when talking parlay odds. Getting better payout odds on your 15 team parlay is like getting your powerball ticket at 25% off. Sure, you were a little smarter in both scenarios, but Warren Buffett isn’t about to send you an invitation to be an intern.
The majority of smart parlay bettors will bet small combinations. A two, three and sometimes four team parlay is usually preferred. There are three main reasons for this, followed by our list of sportsbooks with the best parlay odds.
(No. 1) You lose the ability to line shop. If one of your betting sites is offering a great line on game A and the other has a juicy line in game B, the only thing you can do is straight bet each of them. The more legs in your parlay, the more likely you will have poor odds since you must fill the parlay with odds from a single sportsbook.
Parlay Betting Odds In Vegas
(No. 2) This should really be 1a because it’s also about getting, or not getting, the best line. If the Patriots line finally moves down to -2.5 but the Colts line has not yet moved as you’d hoped, you have to place the parlay now or risk losing the favorable Pats line. If you are betting a small parlay, you stand a better chance of getting the lines in range of what you want. Parlay payouts need to make up for these disadvantages in order to be successful. That’s why parlay bettors must use our payout chart or the chart from their individual sportsbook before betting.
(No. 3) One advantage parlay betting does have is you can forecast how one game will play out and fill two legs of a two team parlay with the spread and total, making it a correlated parlay. Correlated parlays can work to the bettor’s advantage. The most common correlated parlay is betting the underdog and the under or the favorite and the over. But beware, the more additional legs that are added to the parlay the less the advantage with the correlation.
For these reasons Predictem has focused on the most popular three parlays. If you are primarily a parlay bettor, don’t blindly join the sportsbooks that straight bettors recommend. Not all books have good parlay odds.
Parlay Odds Payout Chart
| Sportsbook | 2-team parlay | 3-team parlay | 4-team parlay | 15 Team Parlay |
|---|---|---|---|---|
| BetAnySports | 2.64/1 | 6/1 | 12.28/1 | 16307/1 |
| Betonline | 2.64/1 | 6/1 | 12.28/1 | 16307/1 |
| BetNow | 2.64/1 | 6/1 | 12.28/1 | N/A |
| Sportsbetting | 2.64/1 | 6/1 | 12.28/1 | 16307/1 |
| WagerWeb | 2.64/1 | 5.95/1 | 12.28/1 | 16331/1 |
| Bookmaker | 2.64/1 | 5.95/1 | 12.28/1 | 16307/1 |
| Bovada | 2.64/1 | 5.95/1 | 12.28/1 | n/a |
| MyBookie | 2.64/1 | 6/1 | 12/1 | n/a |
Note:
You may also hear these bets referred to as “Accumulators”. An accumulator is the same exact thing as a parlay. This is the terminology used across the pond in Europe. You may also hear the word “Parlay Card”. This term derives from the old days, back when you would grab a pre-printed card at your favorite sportsbook, circle your bets and then give it to the ticket writer at the sportsbook. Local bookies also used to operate this way as well. Lastly, you may also hear these wagers referred to as combo bets or multi bets.
Best Teasers
| 3 Team: | 6 pt Teasers | 6.5 pt Teasers | 7 pt Teasers |
|---|---|---|---|
| 1.8/1 | 1.65/1 | 1.5/1 | |
| 1.65/1 | 1.5/1 | 1.35/1 | |
| 1.6/1 | 1.5/1 | 1.35/1 |
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One baseball fan in Las Vegas is celebrating this week. According to the Las Vegas Review-Journal, a lucky Las Vegas Parlay on the MLB was cashed out for $38 thousand this week. It’s the kind of win that all fans of parlay betting hope to get someday.
Today, we’re going to take a quick look at how this bettor managed to win so much money. We’ll also look back at some of the biggest sports parlay wins in history. First, let’s look at what exactly a parlay bet actually is.
What is a Parlay Bet?
If you’re a fan of sports betting, there’s a very good chance that you’ve heard of a parlay bet. Essentially, these are single-sport wagers that involve two or more teams winning. The more teams that you bet on at once, the larger and more lucrative your odds will become. As we’ve seen this week, these bets can earn you some serious money.
Parlay betting is also more difficult than traditional one-team betting. If you wager on three teams to win one week and just one of them loses, your entire bet is void. It’s one of the most exciting ways to make sports bets today.
Let’s look at a parlay example from Bovada, one of the most popular sports betting sites in the US. Here, we’ll look at a parlay that involves three teams from the MLB that are playing on August 29th.
- Oakland Athletics win vs. Kansas City Royals: -190
- Chicago White Sox win vs. Minnesota Twins: +150
- Texas Rangers win vs. Seattle Mariners: -175
Parlay In Vegas We Was In Attendance
With this parlay, you could wager just $10 and if each team wins, walk away with almost $50.
It’s that easy! Parlays can be made at almost all US online sportsbooks and inside most sportsbooks in casinos.
Las Vegas Parlay on the MLB Earns Bettor $38K
One MLB bettor in Las Vegas managed to turn a $250 wager into $38 thousand this week. The unnamed sports bettor made his wager at the Cosmopolitan in Las Vegas, one of the most popular hotel-casinos in Las Vegas.
The MLB fan bet on eight different teams to win this week. He bet on the Cardinals, Reds, Phillies, Diamondbacks, and Athletics to win. He also took the under on the Braves-Rockies game, and the over on the Pirates-Phillies game. All of these bets proved to be successful, making it one of the luckiest Las Vegas parlay bets in recent memory.
$38K is a solid amount of money to leave Las Vegas with. Now is the perfect time to look back at some more of the biggest sports parlays to ever take place.
Biggest Sports Parlay Wins in History
Sports betting has never been more popular in the US than it is today. With PASPA now gone, every state in the US has the ability to set its laws on this industry. Many states now have legalized and regulated sports betting markets.
Most of the biggest bets in history have taken place in Las Vegas. For years, Nevada was the only state legally allowed to offer sports odds. Here are some of the biggest parlay bets ever won.
20,000 – 1 NFL Parlay Bet
Just a few years ago, Tayla Polia wagered $5 on an incredible 15-team parlay. Against all the odds, 20,000-1, to be exact, each team managed to win. She walked away from the sportsbook with an astounding $100,005.
2,500 – 1 NCAA and NFL Parlay
In late 2017, an unnamed bettor placed a $25 12-team parlay bet in Reno, Nevada. Each of the teams managed to win, earning the sports gambler $62,475. It was the biggest parlay win in Reno that’s been reported on.
232 – 1 MLB Parlay Bet
Big Parlay Win In Vegas
The recent lucky Las Vegas parlay bet in Las Vegas isn’t the only time that a bettor has cashed out wagering on the MLB. Just a few years ago, a baseball fan bet the under on four MLB games with a $500 parlay. Incredibly, the bets were successful, earning the gambler $115,971.
You don’t have to be in Las Vegas to make parlay bets right now. There are several great online sportsbooks available throughout the country right now. Almost all of them let you make parlay bets on major sports including the NFL, MLB, and NBA.
Best Parlay Odds In Vegas
Will you be the next person to make a lucky Las Vegas parlay bet? If so, good luck!