The implied odds of a -110 bet are 52.38 percent. Or, put more bluntly, they’re suckers bets. They’re harder to win because multiple outcomes need to go your way. Ready to place one yourself? If so, be sure to check out these sportsbook promo codes before you do: That’s because the more outcomes you add to a parlay, the lower chance you have of it winning. A four-team parlay will generally pay out at 10/1. A three-team parlay, all at -110, will generally pay out at 6/1. So if you were to bet $100 on those two games in a single parlay, you would win $260.Īs you add more teams to the parlay, your odds will continue to improve. Jacksonville +10.5 over Indianapolis (-110.)Ī standard parlay with two bets at -110 will pay out at +260 odds (or 13/5). To win, all of the outcomes need to go your way, but you will get better odds, reflective of the combined odds of your selections. What is a parlay bet?Ī parlay bet allows you to add multiple selections into one bet. The Post answers your questions on parlays. It’s a great way to get better odds, and a thrilling way to win.īut before you bet parlays, you need to understand them. Where is sports betting legal? Updates for the USĪ parlay bet can be one of the most exciting ways to gamble. What is over/under betting? Examples of how to bet on totals Your guide to the most common sports betting terms, with examples How to read and calculate sports betting odds
