How Do You Do a Parlay Bet – All You Need To Know

Are you new to the betting game? Want to know what a parlay bet is? Parlays are a great way to your excitement and a bigger payday. It gives you that Vegas feel no matter where you are playing at. It is a type of wager connected to many multiple bets that, in turn, result in a bigger payout. You can treat Parlay as ONE BIG BET.

This is just to give you a gist on what a parlay bet is, how you can make these of it and get a higher payout. It’s not something to be ashamed of; it is a choice, and if played smart enough. It is a game-changer.

Don’t be Shy and Make a Parlay Bet

One of the greatest ways to double your wager and transform it into something excitingly huge is through a parlay. Try to be ambitious and do what your gut tells you; set aside some money and the small stake that is multiplied through the bigger payout odds starts working in your favor. Go through sportsbooks and websites as they can be your best guide to parlay betting.

Placing Parlay Bets

You can place it in two different ways. As a bettor, you can convey directly to the ticket writer that you want to bet on a certain team and are open to risking a specific sum of money. Another option you have is that you fill out a “parlay card” and then go to the sportsbook desk to place your bet.

Payouts for a Parley

You should expect fixing in parlay payouts by the time you place a bet. The parlay odds and lines won’t go through any change from the time you place a bet, even if the lines and odds move for an individual game.

The line starts changing for a game or many games if a new parlay bet comes along with a new line. This causes the original bet to remain the same, and the bet stands. In the end, the bettor is left with 2 parlay bets, so that’s some good news for you.

Cards of Parley

Partly cards are more popular nowadays when you want to bet in casinos. These long narrow cards come with numbered circles, and these are filled out by bettors.

Winning Your Parlay Bet

The easiest way to win a parlay is also the most boring way; the game either ends in a tie or might as well be canceled. But this will cause you to get lesser payment because, let’s just say you bet on 5 games, and 4 are already won, and the fifth one gets canceled due to a storm; then you will get paid only based on those 4 games in total.

Odds in Parley

This is confusing for bettors as understanding the odds becomes a hectic job. Parlay payouts are not all the same; sportsbooks present different odds for a parley, whereas online sports come with different payouts and odds for it. Don’t expect the odds to stay the same; they can change anytime anywhere, so do keep up with your ticket writer in the sportsbook before you place your bet.

Conclusion

Parlay bets are popular not only in gambling but in sports as well. Normally in casino’s you need the card for bettors to fill in on, but in sports, it isn’t that easy.