Betting Advice Guide From Cappers Picks – Ways To Make Money Betting In Sportsbooks on Parlays
Sports Betting 101 – Parlays
Ever wondered – How do you place a bet on a sports betting parlay in an online sportsbook?
This is a selection of 2 or more teams (up to 12 teams) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, it reverts down to the next lowest number for payoff.
Player wants to make a 5 team parlay:
Miami -7 New York +3 Seattle -4 Denver -10 San Francisco -8
If all these games win then the player would have won at 20-1 odds. If only 1 team loses then the entire parlay loses.
Placing a Wager
After you have determined the amount of teams that you want in your parlay bet, click on the small box beside each of the teams and/or totals that make up the total amount of teams in your parlay wager.
Note: * Most books have a a $500 maximum bet on parlays.
Need more info on parlays? Try our Parlay Calculator >>
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