When it comes to parlay betting, there are a fair share of pros to consider. Having said that, the thrill of a parlay is what keeps bettors coming back for more.

After all, one missed bet will lead to it falling apart. Whether you’re looking at moneyline or spread betting or maybe some prop bets peak your interest, most sportsbooks have options to suit your needs.īettors need each of their legs to hit in order for the parlay to pay off. Parlays can be used across different markets. In fact, some bettors even enjoy combining wagers across multiple sports just to add some variety. Parlays can always be played across every sport at any time of the year.

Anything more than that is an extreme long shot, so expectations should be tempered in that case. Nevertheless, your average parlay better is probably working with anything between three- and five-leg wagers. While you can easily do a two-leg parlay, some bettors enjoy the chaos that comes with linking even seven or eight wagers together.

They also come in different shapes and sizes. What is a Parlay?Īs mentioned above, a parlay is when you link at least two different wagers together in hopes of winning a much bigger payout. Here’s a look at the pros and cons of parlays, as well as how bettors should approach them.

However, are parlays a good idea? Should novices avoid them in favor of safer bets? After all, getting one leg wrong can result in the whole bet falling apart. After all, sportsbooks’ social media accounts are often making posts about bettors who turned a $5 parlay into thousands of dollars.Įven if the odds are extremely improbable, seeing someone strike gold on social media is enough to convince bettors to put their own money down. Novice bettors often flock to parlays because of the idea that they can win big. For those unfamiliar with the term, a parlay is a type of bet that links multiple wagers together for a bigger payout. Whether or not you’re new to sports betting, you’ve likely heard the word “parlay” many times.

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