{"id":3957,"date":"2019-09-26T14:56:14","date_gmt":"2019-09-26T14:56:14","guid":{"rendered":"https:\/\/www.americasbookie.com\/?p=3957"},"modified":"2019-09-26T14:56:14","modified_gmt":"2019-09-26T14:56:14","slug":"betting-strategies-for-parlays-at-online-sportsbooks","status":"publish","type":"post","link":"https:\/\/www.americasbookie.com\/sports-betting-blog\/betting-strategies-for-parlays-at-online-sportsbooks\/","title":{"rendered":"Betting Strategies for Parlays at Online Sportsbooks"},"content":{"rendered":"

Playing parlays for any sports bet is the ultimate risk\/reward proposition. In order to cash in on a parlay bet, all the games included must be winners or at the very least end as a PUSH. The payout odds are enhanced for a parlay<\/a> as opposed to betting each game on its own, but the degree of difficulty is dialed up with every team you add to the list.<\/p>\n

The sweet spot for any parlay play is two to three games. The payout odds for a two-team parlay are 13 to 5 or +260. By increasing that parlay to three teams, the payout odds jump to 6 to 1 or +640. Once you go four teams or higher, the overall edge leans more and more towards the books. Anything higher than four requires much more luck than skill to cash in.<\/p>\n

Most online sportsbooks<\/a> will allow up to 15 teams in one parlay bet<\/a>. The payout odds for this many teams can vary from book-to-book with an upper range of 10,000 to 1.<\/p>\n

Some online bookies<\/a> will offer progressive parlays that adjust the odds based on one, two or three losses within that play. The lone caveat is lower odds for a perfect ticket. For example, the payout on a four-team parlay with four correct plays is only 5 to 1, but you would still earn even money with one loss.<\/p>\n

The three basic parings for progressive parlays offer a payout on:<\/p>\n