10.03.2021

Parlay Payout

Best Parlay Odds

A parlay bet is where you combine multiple individual bets (2 or more) into one bet (“parlay”). The odds to win the parlay bet are worse than the individual bets because you have to be correct on all the individual bets to win the bet. However, the more individual bets included in a parlay bet, the larger the payout.

  • Parlay bets are paid out at odds higher than the typical single game bet, but still below the 'true' odds. For instance, a common 2-team NFL parlay based entirely on the spread generally has a payout of 2.6:1.
  • A 10-team parlay can make for a huge payout, by the way. A payout of 825 to 1 wouldn’t be unusual for such a bet, but the probability of winning that bet are bigger than that—1023 to 1. Bet $100 on a 10-parlay, and you’re looking at winnings of $82,500. This is a profitable.

It’s always important to get good odds and prices no matter what type of bettor you are. But let’s keep things in perspective when talking parlay odds. Getting better payout odds on your 15 team parlay is like getting your powerball ticket at 25% off. Sure, you were a little smarter in both scenarios, but Warren Buffett isn’t about to send you an invitation to be an intern.

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 sportsbooks with the best parlay odds.

(No. 1) You lose the ability to line shop. If one of your betting sites is offering a great line on game A and the other has a juicy line in game B, the only thing you can do is straight bet each of them. The more legs in your parlay, the more likely you will have poor odds since you must fill the parlay with odds from a single sportsbook.

Parlay Payout With A Push

(No. 2) This should really be 1a because it’s also about getting, or not getting, the best line. If the Patriots line finally moves down to -2.5 but the Colts line has not yet moved as you’d hoped, you have to place the parlay now or risk losing the favorable Pats line. If you are betting a small parlay, you stand a better chance of getting the lines in range of what you want. Parlay payouts need to make up for these disadvantages in order to be successful. That’s why parlay bettors must use our payout chart or the chart from their individual sportsbook before betting.

(No. 3) One advantage parlay betting does have is you can forecast how one game will play out and fill two legs of a two team parlay with the spread and total, making it a correlated parlay. Correlated parlays can work to the bettor’s advantage. The most common correlated parlay is betting the underdog and the under or the favorite and the over. But beware, the more additional legs that are added to the parlay the less the advantage with the correlation.

For these reasons Predictem has focused on the most popular three parlays. If you are primarily a parlay bettor, don’t blindly join the sportsbooks that straight bettors recommend. Not all books have good parlay odds.

Parlay Odds Payout Chart

Sportsbook2-team parlay3-team parlay4-team parlay15 Team Parlay
BetAnySports2.64/16/112.28/116307/1
Betonline2.64/16/112.28/116307/1
BetNow2.64/16/112.28/1N/A
Sportsbetting2.64/16/112.28/116307/1
WagerWeb 2.64/15.95/112.28/116331/1
Bookmaker2.64/15.95/112.28/116307/1
Bovada2.64/15.95/112.28/1n/a
MyBookie2.64/16/112/1n/a
Parlay

Note: Bet online casino download.

You may also hear these bets referred to as “Accumulators”. An accumulator is the same exact thing as a parlay. This is the terminology used across the pond in Europe. You may also hear the word “Parlay Card”. This term derives from the old days, back when you would grab a pre-printed card at your favorite sportsbook, circle your bets and then give it to the ticket writer at the sportsbook. Local bookies also used to operate this way as well. Lastly, you may also hear these wagers referred to as combo bets or multi bets.

Best Teasers

Parlay Payout
3 Team:6 pt Teasers6.5 pt Teasers 7 pt Teasers
1.8/11.65/11.5/1
1.65/11.5/11.35/1
1.6/11.5/11.35/1

Parlay Payout Formula

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