Parlays and Teasers involve betting on more than one game. If you are certain a team will win and want to increase your winnings, Parlays allow you to do this whilst including additional games. This method is harder to predict correctly, but if successful can be used to make huge profits.
How To Bet A Parlay In Sports Betting
A parlay is a wager that combines multiple sports events outcomes into one single bet. You must win all of the selections on the wager slip to win the parlay. For example, you could combine the betting market options Over 2.5, Under 2.5, Moneyline Win and Asian Handicap into one single stake.
We enjoy betting on the Canadian Premier League, and sometimes we come up with creative ways to get more bang for our buck. For example, if Forge, Pacific and Cavalry are all playing at home on the same day against teams that they are expected to beat easily, we might put money on all three teams to win their games.
Why Can’t You Bet On The Same Team In Multiple Games For The Same Event
Sportsbooks tend to have certain restrictions. One of the most common restrictions is that you can’t wager on more than one market in the same game. Certain sportsbooks also disallow betting on both sides of a spread. In general, connected markets are usually unavailable for parlay bets.
How To Find The Payout For Parlays
The process of creating a sports betting parlay has been touted as complicated by some pundits, but in reality, the process is straightforward. Essentially, the odds for each game are multiplied and added to the betslip. When scrolling through markets or teams or games, it may look overwhelming at first, but a good way to narrow the list down would be to find valuable lines in one market and include these on a parlay with two or more additional games.
Teasers are a type of parlay bet in which the payout is based on the result of a single game. Teasers allow players to adjust the spread of an event before placing a wager, and it is not uncommon for sportsbooks to offer this type of wager.
Take Advantage of Parlays to Increase Your Chances of Winning
Effective parlays have a greater payout than simple bets, which makes them appealing. However, they can be risky, so you should carefully manage your bankroll and make sure the chances of winning are good enough to justify the risk. If you are going to bet on parlays, keep the total volume of your bets low.
How to pick winners in Parlay betting
There are four things to remember when constructing a parlay: research, patience, odds calculation and monitoring the lines. The odds for each event in your parlay must be good enough for you to make a profit.
More Betting Postes & Guides
Our experts have written about other topics that will help you win more on any type of bet.
- What Is And How To Win With A Parlay?
- Fastest Withdrawal Options Available At Sportsbooks
- How To Use Online Banking To Finance Your Sports Bets?
- What Is & How To Make Single Bets In Canada?
- 1 How To Bet A Parlay In Sports Betting
- 2 Why Can’t You Bet On The Same Team In Multiple Games For The Same Event
- 3 How To Find The Payout For Parlays
- 4 Teaser Betting Explained
- 5 Take Advantage of Parlays to Increase Your Chances of Winning
- 6 How to pick winners in Parlay betting
- 7 More Betting Postes & Guides