To create a parlay online, log into your chosen sportsbook. Above are my recommendations for the best online sportsbooks for Parlay betting go to the sports events you wish to bet on and begin selecting your picks.You can choose moneyline, totals, or any combination of wagers to combine. The larger the odds of each selection, the higher the overall price of the parlay. Parlay challenges give players a chance to earn up to 20% more than they normally would on regular parlay bets. We build your parlay card for you to save you time and get you betting faster. Weekly football parlay challenges will be posted every Tuesday. To bet, simply pick a challenge from below, choose your teams and hit enter. 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.

1. Best Parlay Betting Sites
2. Parlay Bets Online For Cash

Once you’ve mastered the single bet, it’s time to expand your NFL betting horizons. The parlay is an incredibly popular way to bet on NFL games while increasing your potential payout at the end of the day. Instead of betting on the outcome of a single game or event, you’re now betting on two or more outcomes up to a maximum of 12.

Betting Two-Team Parlay

• Houston Texans -4
• OVER 48

Here we’re combining two bets: we’re taking the Texans -4 in their game against the Philadelphia Eagles, and we’re taking over 48 in the same game. We could place two single bets of $11 instead, in which case we’d win $20 if both outcomes came true. But if we parlay the two wagers, our payout gets multiplied by a set rate – in this case, by 2.645. That’s $58.19 if you combine the two $11 single bets into a $22 parlay, or $36.19 in profit instead of just $20.

Best Parlay Betting Sites

Parlay Bets Online For Cash

Your payout gets multiplied by a bigger number for every team you add to your parlay. A three-team parlay pays out at nearly 6/1, while nailing a 12-team parlay would deliver a massive payout at over 2340/1. The risk is that you won’t win anything if you only get 11 out of your 12 picks correct. That’s why many professional handicappers stick with two-team parlays – often combining the spread and the total from the same game, as in the above example. Understanding risk management is just as important as understanding football when you bet on the NFL.