A parlay is a multi-proposition bet, stringing together multiple point spread bets, total score bets, money line bets, or any combination of the those in order to increase the pay off odds/picks.

Rules

All wagers included in parlay must win for the parlay to win and pay off. A tie or push of any of the contests included in the parlay removes that wager from the parlay, leaving only remaining games in parlay (3 wager parlay becomes 2 wager parlay or 2 wager parlay become straight bet).

This also applies to a canceled or postponed contest. Note that when a two-team parlay becomes a straight bet, the original amount of the parlay is risked on the straight bet.

The payout of the wager is calculated with the odds of the remaining team.

Parlaying wagers from different sports is allowed (when technically possible). Pay off odds increase as number of wagers parlayed increase Minimum of 2 wagers, maximum of 10.

Circled contests may not be included in a parlay.

Up to one point may be bought on a two and a three-team parlay only.

Limits cannot be exceeded by betting the same parlay multiple times (we reserve the right to void all bets if this is found to be the case)

Example

Let's say you’ve got $100 to wager with and want to bet on the Nebraska Cornhuskers of college football, the Dallas Cowboys of the NFL, and the Over on the Green Bay Packers game in the NFL. After doing your homework, you are very confident that all these wagers are winners.

To take advantage of this situation and maximize your profitability you would want to parlay all three wagers together. By doing this you increase you potential winnings from $90.90 to $600 on the same $100 wagered. Now, let’s illustrate the difference in wagering your $100 on each individual contest and the same $100 on parlaying all 3 games together.

Sports Betting Strategy

How to win at sports betting online: (Strategy, plan, tactics, method, system, technique.)

The challenge of sports betting is to collect and analyze information and then make a sound judgement on what to bet on, what type of bet to place and how much. To create an opportunity to be a winner, you need to take into account three main factors, analyze them and act on your findings accordingly. These are:

1. The odds offer (Price)
2. The value of the odds (overpriced or underpriced?)
3. The type of bet (single, multiple, combination, etc.)

The odds offer has to be at least 2:1 to make it worthwhile. If necessary, choose a selection with a slightly higher risk to prop up the price.

The value of the odds must be such that the sportsbook's commission is to a minimum, if at all. Some lines get 'steamed' unnecessarily. When this happens, the 'favorite' price lengthens. Take advantage of those situations.

Three type of bets seem to stand out as a sensible combination to use because they are simple, not too difficult to win and have good winning potential: the Straight bet, the Doubles and the Future.

Sports betting is one area where skillful players can win out. But it is important to understand that the skillful players are not "beating the bookies" so much as beating unskillful sports bettors. This becomes most clear when you look at one of the most common ways to win at sportsbetting: bet against popular teams. Bookies aren't sentimental, but people are.

The ideal world for a bookie would be for X number of people betting Y dollars on a team to win, while X number of people bet Y dollars on the opposing team. The bookies then just take 10% of the money that changes hands, with zero risk. Teams like the San Francisco 49ers, Dallas Cowboys, and Green Bay Packers get a lot of emotional money bet on them by fans.

So, games featuring these teams seldom show the "true odds". Instead bookmakers set the odds so that they can attract enough betting to the anti-popular side to counteract the "fan" money. There are many other sports betting tactics that can also be effective.