A parlay is a collection of two or more teams (sides) or events (over/under) that you place a wager on and ALL must win in order for you to win. One loss is all it takes for you to lose.
Parlay payouts vary from sportsbook to sportsbook, but typical Las Vegas parlay cards involving point spreads and totals are similar to these:
During your next trip to Las Vegas, put your NCAA and NFL football handicapping skills to the test and play a $2.00 – 10 team ‘ties win’ parlay card at your favorite casino for a chance to win $1,200 (or more).
3 teams 6-1 (read as 6-TO-1)
4 teams 10-1
5 teams 20-1
6 teams 40-1
7 teams 75-1
8 teams 150-1
9 teams 300-1
10 teams 600-1. Good Luck!
Using this table, a sports bettor making a wager on a five-team parlay would win $20 for every $1 bet if all of the games or totals win. They offer the potential for a big payoff from a very small wager. For a beginner’s guide to football betting and an introduction to totals and point spreads read this article: How to place your first football bet at a Las Vegas sportsbook like a pro .
Watch for payouts shown as 10-for-1 as opposed to 10-to-1. So why not combine the two for twice the fun and excitement?
What is a parlay?
Parlays are an extremely popular type of sports bet. Not to mention adding an additional level of excitement to the weekend’s college and NFL games.
What to look for when selecting a parlay card:
What are point spread parlays?
Parlay cards offered by most Las Vegas casinos and sportsbooks are point spread parlays. A $10 parlay winner at 10-for-1 odds would receive $100, while at 10-to-1 the payout would be $110.
Look for ties win vs. Not only must your chosen teams win, but they must also beat the spread. As a recreational gambler you are playing parlay cards for fun and risking small amounts of money that you can afford to lose. Can you see why parlays are so popular?
Do you enjoy the thrill of risking the occasional dollar or two on a lottery ticket? Do you like pro and college football? Of course you do. ties lose.
Look for $2.00 minimums