Sportsbook parlays are a great and popular way to bet on sports. They offer huge payouts for just a little bit of stake money and have universal appeal ranging from big time gamblers looking to “take down the house” to small time players looking to turn a little into a legitimate gambling bankroll at the offshore.
Sportsbook parlays are a group of plays that are combined into one bet in which all of the plays must win in order for the wager to payoff at increased odds at the offshore sportsbook. For example, a five team parlay that went 4-1 would be a loser at the sportsbook, as that one loss kills the entire parlay. That is the drawback to parlays at an offshore sportsbook. The upside is that when you hit one you will get great payouts. For example, a normal two teamer at a sportsbook pays about 2.6 to 1. A three teamer pays about 6-1 while a four teamer pays about 10-1 at the . The odds go progressively higher with parlays at the offshore as you add more teams but they become much more difficult to hit. Any parlays that have a tie on one of the games simply reduce the parlay down by one level. For example, if a five team parlay had a four wins and a tie, it would revert down to a four team parlay at the sportsbook. You can combine side and totals for your parlays when you bet at the sportsbook. You can even combine other sports if you like on your parlays.
The biggest mistake that gamblers make with parlays when they bet at the sportsbook is that they anchor them with their top play, which if it blows will cause every parlay that it is attached to it to lose. The best way to set up your parlays when you bet at the sportsbook is to choose from as large a pool as possible. If you limit your parlays to just NFL sides for example, that is only around 28 possibilities or so each week. But if you include over/under totals, now you have 56 possibilities and can get the best values available. By choosing from more games you have more options to put on your parlay.
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