Parlays (Football, Basketball, Hockey, and Baseball)

A parlay is a group of straight bets or totals combined into one bet. For the parlay to win all of the individual parts of the parlay need to win for the parlay to be a winner. You can mix different sports on the same parlay.  Parlay payoffs depend on how many teams are in your wager.  Payoffs for football and basketball are shown in the table below.  If there is a tie in one or more of your individual parts then the wager steps down to the next lower number of teams.  If a 2 team parlay has a tie and a winner then the parlay pays 90% of the straight bet payoff except.  However, when the winner is a baseball bet the payoff is 100% of the straight bet payoff.

Example

You can bet parlays in Football, Basketball, Baseball and Hockey. You can combine multiple sports to make up your 2-6 teams.

Example

Customer Bet example

3 team parlay

S.F. 49ers -2½ - S.F. 49ers over 35 - Houston -3½

  Risking $100. to win $600.

Gamblers Palace Handy Baseball Parlay Calculator

A parlay, as you know, is simply a payout based on the probability of two or more things happening. For baseball, what the bookie does is apply a factor to each game and then he can mix and match whatever games his players want and easily calculate the payouts.

Click here to use our Baseball parlay calculator.