A parlay bet is a popular kind of sports wagering most gamblers are knowledgeable about. You’re not, this wager is quite easy to comprehend. A parlay is simply a combo wager where, instead of betting several teams you group them into a single wager. Using this option, the payout is higher and the danger is significantly less, but you need all teams chosen to win.
To give an example, say you are interested this week at betting Jets -4, Patriots +3, Dolphins +2.5 and Colts -7. If your bankroll is limited to only $100, using straight wagers you’d make four separate bets of $25 to win $22.73. If you we’re feeling equally blessed and in the mood to gamble, you might rather bet them all together as a four team parlay. Under the choice that is parlay, the stakes would be $100. To win, you’ll need to go 4-0; if one or more games push while others winthe payout is reduced, and also with any other outcome, the wager is a loss.
What happens when there is a push in a parlay? That wager is going to be taken from this playoffs and also the payout will be decreased as though there were just one fewer team in the parlay. So if you had a 4 team parlay and you also have three picks cocrrect and the other was a push, then you’d be paid off the likelihood of a 3 team parlay.
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