Parlays allow you to bet on multiple teams at the same time, with the promise of a very big payout. All the teams you pick must finish as you predicted, or else you lose the bet.

• To place a Parlay bet, select the ' Multiples ' Tab at the top of the Bet Slip. You will see your combined odds for your Parlay displayed above your selections. On the Bet Slip, you can then enter your risk amount in the box under the Parlay field.
• Placing a parlay bet. There are two ways to place a parlay bet and both are quite simple. Bettors can either tell the ticket writer directly which teams and totals they’d like to bet on and how much they’d like to risk on the bet. Filling out a parlay card is the other option for placing this kind of bet.

To create a Parlay simply:

How to Use the Parlay Calculator. Enter your wager amount and odds (yellow fields) for each leg of the parlay and you will see your potential profit, equivalent American and Decimal odds, as well as the implied win probability of your parlay bet. For a single bet, enter odds in American format. A minus sign (-) indicates a favorite while a plus.

1. Add your wager selections to the Bet Slip (displayed on the right side of the homepage).
2. Select the ‘Parlay’ option in the Bet Slip and enter your BetAmount.
3. Click ‘Place bet’ and follow the confirmation process to completion.

Not all wagering options can be combined into a Parlay:

• Proposition plays and future bets can’t be parlayed.
• MyBookie allows a maximum underdog odds of +500 for circled plays included in parlays.
• In case of a tie or no action, the parlay will revert to a lower-level payoff, except in a 2-team parlay (tie reverts to a straight bet).

More articles Related to these Topics how to bet, Parlay

In the 21st Century, long hours and hard work have gone out the windows and everybody is looking for the get-rich-quick scheme. Slot machines have taken over casinos and lottery tickets are selling at the highest rate ever. People are hoping against hope that they will be the one-in-a-billion person to beat the system and wind up with a boatload of money. Parlays fit this mold, as they allow people to invest a minimal amount of money with the chance of a huge payday if they can correctly pick a certain number of winners without any losers. The problem is that one loss is all that it takes to kill a fine looking parlay card. The following examines the best ways to beat the books playing parlays.

One does not need to say any more then what is better to play, straight bets or parlays. The following chart should answer that question for you.

How To Play Parlay Football

As one can see playing each game individually would result in a greater profit for the gambler. But this is not always an option, as games may be going on at the same time and one does not have the ability of reinvesting the money. The keys to look for in winning a parlay card are as follows.

How To Parlay Sports Bets

1) Bet more and keep the teams low. I recommend keeping parlays to 2, 3, or 4 teams. If you go over four teams the advantage shirts greatly to the house, as they hold all of the advantage. Instead of playing a 5-team parlay for $10, play a 3-team parlay for $30. More often then not, you will be happier and winning more.

2) Check the rules of the parlay. Offshore is the best place to play a parlay, as the majority of books push down on all ties. Local parlay cards that can be found at most sports bars do not offer the same benefits. Some allow for one tie, while other cards consider a tie a loss. With the accuracy of the Las Vegas lines, these are great disadvantages to the gambler and need to be avoided if at all possible. If you play cards with this type of format, do your homework when making selections. Avoid selecting a team where the line is 3, since this number decides most football games. Try and select games where the spread has a ½ involved, as this will guarantee you a win or a loss.

3) Hedge your bet whenever possible for large parlays. Say one had an outstanding weekend in football and has hit six selections of your seven-team parlay with the only remaining game taking place on Monday night. One invested $10, and has a chance to win $800 if the Monday night goes as planned. I would take the suspense out of the Monday night game and make a side bet of $418 on the other side. This will guarantee you a profit of $392 if you hit your 7-team parlay. If you would happen to lose the game, you would collect $380 on your side bet. This is the smart move, as you are ensuring yourself a substantial profit and can just enjoy Monday Night Football. However, this should only be applied when you are one game away from winning the parlay, as the odds decrease when you have two or more games left to win.

Be sure to check out our FREE parlay calculator

How To Play Parlay In Las Vegas

These are the techniques that I would recommend when betting parlays. Parlays are a fun way to get started in this form of gambling, as they allow one to keep the amount risked low. Unfortunately, one will suffer more losing day then winning days when betting parlays. Doc's is your place for consistent winners, as we have been in the sports information business for over 35 years.