Parlay Bets

Parlay bets are types of betting wagers that include two or more teams with much larger payouts than a straight bet. All teams must win or cover the point-spread in order to win your parlay bet. Parlay bets may include different sports, point-spreads, money lines and totals. A parlay bet payout depends on the number of teams in the wager. Our sportsbook offers the largest parlay payouts in the sports betting industry.

 
 

Parlay Bet Payout

Number of Teams
in Parlay
Parlay Bet Payout
2 Teams
2.6/1
3 Teams
6/1
*4 Teams
12/1
5 Teams
24/1
6 Teams
47/1
*7 Teams
91/1
*8 Teams
175/1
*9 Teams
335/1
*10 Teams
642/1

*The Best parlay payouts in the industry.

Parlay Bet Tie

In the event of a tie the number of teams in the parlay and its payout will lower. If one team ties in a four team parlay, it will drop to a three team parlay. If one team ties in a two team parlay, it will revert to a straight bet. Postponed or cancelled games are considered a tie for all wagering purposes.


Example of a 3 Team Parlay


3 Team Parlay for $100
Outcome
Teams
Line
Odds
Risk
Win
Push
Patriots/Falcons
OV40-110100600
Win
Baltimore Ravens
+9 ½-110  
Win
Milwaukee Bucks
-4 ½-110  

In the above example, your bet on the Patriots/Falcons resulted in a push. In a parlay bet, a push means that your parlay bet reverts to a lower parlay bet. In this case, you now have a two team parlay. Both your bets on the Baltimore Ravens and the Milwaukee Bucks resulted in a win. You won $260 instead of the $600 you potentially could have won.

*Our maximum combined parlay payout per day is $100,000.

SBG Global does not allow Parlays on any of the following:
· Soccer Favorite goal line and total OVER of the same game
· Soccer Underdog goal line and total UNDER of the same game
· Soccer Draw line and total OVER or UNDER of the same game
· Hockey Favorite goal line and total OVER of the same game
· Hockey Underdog goal line and total UNDER of the same game
· Baseball Favorite Run Line and total OVER of the same game
· Baseball Underdog Run Line and total UNDER of the same game
· Football Favorite side and total OVER of the same game when ratio between the side and total is less than 3/1
· Basketball Favorite side and total OVER of the same game (managers discretion)

New Features:

There are two new and exciting features that make betting parlays with SBG Global the best option in the industry.

NO CAN LOSE PARLAY:

When you play a 7,8,9 or 10 team parlay and you lose every one of your picks you will actually get paid.

Payout:

7 team parlay 7/1
8 team parlay 8/1
9 team parlay 9/1
10 team parlay 10/1

Rules:

  • Only point spreads and totals. NO MONEYLINES
  • ALL picks in the parlay must be losers
  • Only applies for 7-10 team parlays
  • All lines must have a -110 juice
  • Buying points is not allowed for this option
  • All other general parlay rules apply

SECOND CHANCE PARLAY:

If you play a 7,8,9 or 10 team parlay and pick one loser ONLY, you will get your money back.

Payout:

The bet will be considered a push. The risked amount will go back to the account.

Rules:

  • Only point spreads and totals. NO MONEYLINES
  • The parlay must have one loser ONLY
  • Only applies for 7-10 team parlays
  • All lines must have a -110 juice
  • Buying points is not allowed for this option
  • If any of the picks results in a push, the Second Chance Parlay feature no longer applies
  • All other general parlay rules apply