To put on a parlay bet, navigate to the sport you want, choose the event and browse all of the available lines. Most also have handy parlay-building tools that you can load selections onto and see at a glance what the potential profits will be. That’s quite the difference in payouts on what is a pretty simple parlay.Īll of the best NY sportsbooks make placing parlay bets straightforward. If said savvy sharp had used their $100 to back both teams in a parlay, they’d have been up by $341. If both ‘win’ bets came in, a happyish bettor would land 2 x $50 in profit plus have their stake returned.

To illustrate this multiplier effect, consider two standard moneyline bets with $50 staked on the New York Rangers and the Buffalo Sabres to win at odds of +110. The winnings from each individual wager in a parlay roll over into the next leg a bit like earning compound interest. Parlays can be constructed out of legs chosen from one game (a single game parlay) or multiple events. Parlays might run throughout an evening, a day, a weekend, a month or even a year. You can place parlay bets on all manner of markets including moneylines as well as points spreads and totals. A two-team combination is a parlay at its most basic but all of the top rated NY sportsbooks will let you add 10 to 15 legs or more. All of the single wagers must win for a parlay to be successful. Understanding how parlays work and adopting some wise combo betting strategies can increase your prospects of a prosperous payout.Ī parlay bet is a wager on two or more outcomes with the odds rising the more picks that are added. The chances of reaching those heights are about as low as winning the NY Lotto, but there are still healthy profits to be had. Sports betting folklore tells of legendary parlay winners with hundreds of thousands returned on just a few dollars. Whether you’re a ‘go big or go home’ gambler or a ‘building on a budget’ bettor, parlays can be a great way to boost your bankroll. In return, you’ll get bigger odds than on a straight wager but with that comes greater risk. Parlays are combined bets that can almost be as colossal as you like.

Can you parlay moneyline bets