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How Does a Parlay Bet Works

Parlay BetsI guess this is not the first time you ask yourself ‘How does a parlay bet work?’. A Parlay is a multiple bet, is putting at least two individual wagers into one larger bet.

In order for you to win the bet, every single team that you choose must win. They are a really good way to increase your available balance since a small wager can have a large payout.

However, they can also be frustrating because if you lose one pick you lose the entire wager since one incorrect wager makes the entire bet a loser.

What happens if one of my teams is a push?

In this case the parlay reverts to a lower amount of teams parlay. Example, a 4 team parlay will revert to a 3 team parlay. If you have a two team parlay, it will become a straight wager.

Why do they pay more?

The first reason would be that in order for you to win you need to win all your teams. A regular (-110) straight bet pays about $91 per every $100 that you risk ($182 if both teams win). And a two team parlay will pay $260 if you risk $100 the payout will be 2.6 for every $100 on a two team parlay.

But if one team wins and the other one loses, you are out only $9 on the straight bet, but you will be losing $100 on the parlay.

You can pick up to 10 teams on www.sbgglobal.com. I was doing my net searches and find out that they have the highest payouts for this type of wagers on the industry.

It’s a fact I checked on at least 10 more wagering sites and it was final. They have the highest payouts… I invite you to check it by yourself. Just click on this banner.

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