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Parlays

Parlays
by Predictem.com Staff

Ever wondered why bookies drive cadillacs? It's because many of their clients play parlays (aka: Accumulators). We'll admit, parlay bets are great fun but their the quickest way to the poorhouse as your just stacking enormous odds against yourself when you wager on them. Look at it this way... It's hard enough to pick one game much less 5 or 10!

*Note: This is not to say that correlated parlays are not good. Their great if you can find a book that accepts them! (2 teamer on same game side/total)

The way a parlay works is that you have to pick 2 or more games against the pointspread and they all have to win in order for your betting ticket to cash. A tie bumps your parlay down to one lesser game and if you have a two teamer with one tie it bumps you down to a single action straight bet. If your bookie calls ties a loss in parlays, you need to tell him to get lost and find a new book!

We'll show you a parlay odds payout chart below and you'll see why so many bettors get suckered into playing them... Because you can bet very little money and have a huge payout but do you realize how bad the odds are? Our advice is to stick to straight bets!

  Parlay Odds Chart  
No of teams
Parlay Payoff
1
1 to 1
2
2.6 to 1
3
6 to 1
4
10 to 1
5
20 to 1
6
40 to 1
7
75 to 1
8
100 to 1
9
150 to 1
10
300 to 1
11
450 to 1
12
600 to 1
13
750 to 1
14
900 to 1
15
1500 to 1

 

Ever heard of progressive parlays? These are par bets that allow you to have some losers in your bet but still allow you to win some cash. Check them out at 5Dimes, home of reduced juice -105 sports betting!

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