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A parlay bet is a popular kind of sport wagering most gamblers are knowledgeable about. In case you’re not, this wager is quite simple to comprehend. A parlay is simply a combo bet where, instead of betting several teams separately, you group them into a single wager. Using this option, the payout is greater and the risk is significantly less, but you want all teams selected to win.
To provide an example, say you are interested this week in betting Jets -4, Patriots +3, Dolphins +2.5 and Colts -7. If your bankroll is limited to just $100, using straight wagers you would make four different bets of $25 to win $22.73. If you we’re feeling equally blessed and in the mood to gamble, you might rather bet them all together as a four team parlay. Beneath the parlay option, the stakes would be $100 to acquire at least $1,000. To win, you’ll need to go 4-0; in case one or more games push while all others winthe payout is reduced, and also with any other result, the bet is a reduction.
What happens if there’s a push in a parlay? That wager will be taken from this parlay and the payout will be reduced as though there were just one fewer group in the parlay. Therefore, if you had a 4 team parlay and you got three picks cocrrect and the other was a push, you would be paid out the odds of a 3 team parlay.
Parlay bets can be very tempting since they may provide some huge payouts. Watch a recent parlay Kevin created at 5Dimes. Eu and cashed in on!
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