NFL parlays are the most popular in US sports betting. The weekly NFL schedule allows you to make up to 13-game parlays almost every single Sunday. Taking a look at the NFL 2020-21 Season Week 1 odds at FanDuel Sportsbook App you can easily see what makes NFL parlay betting so popular. If you’re new to parlay betting, starting with a two or three-team parlay is a good way to go. Keep in mind, just because the term for the multiple lines in a parlay is a “team”, doesn’t mean that you can only include football teams. For example, a common two-team parlay is betting the point spread and the total. The OddsChecker team analyzes every team and outcome at the start of the NFL season and delivers industry leading NFL predictions for football fans everywhere. This is a great way to keep things interesting all season long around your game to game NFL picks and parlays. Parlay betting is one of the favorite forms of wager for NFL gamblers and is the most popular form of wagering besides sides and totals narrowly beating out teasers.For years bettors have tried to hit big against the sportsbooks betting parlays. An NFL parlay is a series of connected bets that must all win for the bet to pay out. You can put as few as two teams together in your combo bet teams in this case refers to both spreads and totals, as well as moneylines, props and futures where available. The fewer teams you have in your NFL parlays, the smaller the payout.
One of the most lucrative sports bets you can make is a parlay, but unless you employ some kind of betting strategy it can also be one of the toughest bets to actually cash-in on. In simple terms, a parlay is when you combine two or more picks into one single wager. The plus side is that the top online sportsbooks as featured on SportsBettingStats.com offer some very attractive odds for groupings of two to even 16 teams. Our favorites are Bet365 for non Americans and 5Dimes for US players. The down side is that the more teams you add to a parlay play the higher the odds are stacked against you to win.
Sometimes it can be hard to pick even a single winner so the catch to winning a parlay is that you have to win every one of your picks. The only exception is in the case of a PUSH when two teams tie with the closing point spread. In that case, you total parlay is reduced by one team.
For example, if you put together a four-team parlay at 12.28/1 betting odds and one of your plays ends as a PUSH, it would be reduced to a three-team play at 6/1 odds.
The betting odds for parlays using point spreads is fixed and based on the total number of teams you group into one bet. Betting parlays for MLB games is an attractive option since you will be working off money line odds as opposed to a point spread that is commonly used in sports such as football and basketball. When betting money lines you only have to pick the straight-up winners, but keep in mind that your payout odds will be based on the actual money line odds for each of your picks. The top online sportsbooks should have a parlay calculator on their website where you can enter the actual money line for each of your individual picks to provide a projected payout of that particular parlay if you win.
Whether you are betting money line parlays for baseball and hockey or point spread parlays for football and basketball, there are a few betting tips and strategies that you should always employ to give yourself the best chance to win. First and foremost, you need to properly handicap each game as an individual pick before grouping them together in a parlay bet.
For example, if you decide to go with a two-team NFL parlay at 13/5 odds, you should probably take the time to breakdown three or four games to come up with your top two plays. Winning parlays is all about your overall confidence level for each one of the picks you decide to group together. If you are not absolutely in love with each one of your picks individually, then do not risk your money by grouping them together in a parlay.
Nfl Parlay Betting Strategy
A second tip is to avoid the temptation of parlay picks of three or more teams. You may get excited over the 91.42/1 return you would get if you hit a seven-team parlay, but this is nothing more than lottery ticket when you start calculating your true odds of actually winning all seven games.
Nfl Parlay Betting Odds
Football Parlay Payouts
Nfl Parlay Bets Today
Finally, make sure you have some kind of set money management system in place if you are going to be betting parlays. There is a reason why sportsbooks are willing to give you such a generous return on multiple team parlays. The odds are already stacked in their favor that you are going to lose one of your picks even in a two-team wager. Parlays should always be reasonable unit plays that will not break the bank if you lose.