Good Parlay Bets
From the biggest sportsbook signup bonuses to getting the best return on your 3-team parlay, Predictem outlines what the best sportsbook is for each category. See the full list for the betting site features that matter to you below.
Summary
The best sportsbooks are:
Your Parlay Bets Start choosing wagers for your parlay and your selections will show up here. A parlay is a single sports wager that involves two or more bets combined into one. This can include point spreads, moneylines, totals, futures, or even prop bets, as long as the bets are on different games.
In terms of win probability, a parlay isn’t a good bet when compared to single-game wagers. What does a 3-team parlay pay? A $100 three-team parlay (-110 odds for each game) will pay $595.79. 15-Leg NFL Parlay. Parlays are always tough but sometimes the payouts are too good to pass up. Tayla Polia decided to take a chance on a 15-leg parlay in the NFL that paid out 20,000/1 and it has been reported that this was only her 2 nd ever bet. Her parlay featured 9 favorites, 5 underdogs, and 1 over/under. Circumventing Betting Limits. The final good use for parlays is to circumvent betting limits. For example, if you’re wagering with www.bovada.lv and they have a $1000 max bet on a football point spreads (the same they often do) but this bet has such large expected value you want to get a lot of action down on it.
Updated: October 23, 2020
- Bovada: Bonus
- Wagerweb 30 minute Payouts: Bitcoin Sportsbook
- BAS: Prop Bets
- Sportbet: 2.74 to 1 Payouts: Parlay Sportsbook
- BAS -105 Vig: Reduced Juice
- Bookmaker $50,000 NFL side: High Lmits
- Sportbet 3 to 14 teams: Teaser Sportsbook
- Bookmaker 18 Years: Oldest & Safest
Bovada Sportsbook
- Your credit card will work here!
- No Hold on Funds. Withdraw as soon as play-through is finished
- Up to $250 in FREE bonus cash!
- 10X rollover before withdrawal
- Excellent rewards program! Receive instant rebates on ALL action!
Intertops Sportsbook
- Applies to all deposit method
- No Hold on Funds. Withdraw as soon as play-through is finished.
- $200 Bonus Maximum
- 4X rollover before withdrawal
- Risked Amount Applies
Bovada Sportsbook
- FAST crediting to account!
- No Hold on Funds. Withdraw as soon as play-through is finished.
- $250 Bonus Maximum
- 5X rollover before withdrawal
- Lesser of Risked/Win Counts for Rollover
Sportsbooks are using bonuses to introduce bettors to cheaper and less hassle payout methods. See our full bonus list to see them all. Bovada leads the way on this deposit method-specific bonus. If you are a bitcoin user or can be tempted to be, up to $250 free cash is dangled by Bovada. A 5X rollover on $250 bonus is essentially free money for anyone looking to put in modest action on a $500 deposit. Keep in mind you can get this bonus even AFTER already redeeming the Bovada general bonus if this is your first bitcoin deposit!
Best Bitcoin Sportsbook
Bookmaker Sportsbook
- Bitcoin transactions are free
- Bitcoin deposits converted to USD in balance
- $25,000 max withdrawal
- Offers live in game wagering after game has started
- Same day withdrawals
- Payouts processed Monday - Friday before 7pm
WagerWeb Sportsbook
- Bitcoin transactions are free
- Bitcoin deposits converted to USD in balance
- $3,000 per withdrawal
- $90,000 per month limit or request increase
- Same day when requested before 12:00pm
- Payouts processed Monday - Friday before 7pm
Best Low Vig Sportsbook
BetAnySports
- -105 on sides and totals except soccer
- 5c baseball overnight line
- Largest Betting menu
- Rebet after betting maximum
Best High Limit Sportsbook
Bookmaker Sportsbook
- $50,000 for a single NFL side
- $10,000 for NFL overnight lines
- $10,000 Teaser Limits
- Rebet after betting maximum
- $600 max bonus
- Payout Methods to handle big bettors
BetOnline Sportsbook
- Highest Limits on College Sports
- Bet $10,000 on NCAA 2nd Half
- $2,500 max bonus
- Same day payouts
Best Prop Bet Sportsbook
BetAnySports Sportsbook
- The most player prop wagers
- The most future wagers
- Largest Overall Betting Menu
- -105 Juice for straight wagers
Best Parlay Odds
Sportbet Sportsbook
- 2-Team Parlay: 2.74 to 1
- 3-Team Parlay: 6.24 to 1
- 4-Team Parlay: 13.01 to 1
- Part of the 5Dimes Group
Best Teasers
Sportbet Sportsbook
- 2 Team Teaser: -110
- 3 Team Teaser: +165
- 4 Team Teaser: +265
- 5 Team Teaser: +465
To really understand how valuable Sportbet for Teaser bettors, you must look at our entire sportsbook teaser list to see the side by side comparison. However, one way to look at it is Sportbet essentially offers 6.5 point teasers at the same payout as a standard 6 point teasers.
Oldest & Safest
Bookmaker Sportsbook
- $50,000 for a single NFL side
- $10,000 for NFL overnight line
- $10,000 Teaser Limits
- Rebet after betting maximum
- $600 max bonus
- Payout Methods to handle big bettors
Updated: October 23, 2020
Best Parlay Bets This Week
Best sportsbooks for each category
SPORTSBOOK | BEST FOR: |
---|---|
Bovada 50%: | Bonuses |
Wagerweb 30 minute Payouts: | Bitcoin Sportsbook |
BAS: | Prop Bets |
Sportbet 2.74 to 1 Payouts: | Parlay Sportsbook |
BAS -105 Vig: | Reduced Juice |
Bookmaker $50,000 NFL side: | High Limits |
Sportbet 3 to 14 teams: | Teaser Sportsbook |
Bookmaker 18 Years: | Oldest & Safest |
All reputable sports betting sites offer exciting betting opportunities like parlays one of the most popular and exciting types of wagers. Parlays can result in huge pay outs and are dependent upon the success of multiple events. The best parlay betting sites are listed below.
Parlay Betting Online
Parlays involve wagering on multiple events that are all dependent on each other for the wager to be successful. For example, a parlay might be placed on games that require teams a, b and c each win their games. If just one of those teams loses their game, the entire parlay bet loses.
Online Parlay
Parlays are exciting because they offer huge payout odds to winners. Every additional event that is added to a parlay reduces the chances that the bet will win, but increases the payout odds. Many online bettors are attracted to parlays because pay outs can be many times the amount originally wagered.
What Exactly Are Parlays? Considered “exotic” in the sports betting world – parlays certainly provide entertainment. Parlays are becoming more and more popular. Parlays offer players to get an opportunity to receive a big payout. It gives the bettor a chance to bet on many games, and putting them all together into one.
Odds and Payouts On Parlay Wagers? Here are the odds that are typical on at most parlay betting sites. These odds are for point spread parlays. Of course moneyline odds will be different.
- 2 teams – 13-5
- 3 teams – 6-1
- 4 teams – 10-1
- 5 teams – 25-1
- 6 teams – 40-1
- 7 teams – 75-1
- 8 teams – 150-1
- 9 teams – 300-1
- 10 teams – 600-1
Moneyline Parlay Odds: When you are putting money down on a parlay with moneyline games, your odds certainly will differ. The favorite teams obviously give you a better chance to win, but pay less.
What do these odds mean? With parlays, each game you place on your “card” MUST win for you to win the parlay. As you can see from the odds, your chances get smaller each time you input a result in. These odds will vary depending on what teams you select. For example, a big favorite in a game would help your odds, but most likely decrease your total payout.
Advice For Betting On Parlays – Parlays are fun to play, but sharps often avoid them. It takes a lot of luck to win a big time parlay. Odds of winning a 10-team parlay are around 1000-1, your odds are around 1000-1. This results in a lot of losing money if you continue to place money on big parlays. Certainly if you win a parlay, your bankroll is going to look good for a while.
It’s probably a better idea to pick straight picks instead of parlays. It’s tough enough to win games straight up, let alone pick a whole group of them together accurate. There is a reason many experts in the sports betting consider parlay’s sucker bets.
Choosing Where to Bet on Parlays Online
The best parlay wagering sites share several common attributes we require for listing at BBS. The best parlay betting sites offer all major sports like basketball, hockey, football and baseball. Convenient banking is an important part of reputable parlay betting sites. Members need to be able to make deposits easily to place parlay bets whenever desired, and cashout winning tickets without hassle. High quality support is vital so that any potential issues can be resolved quickly.