Parlay Bets
A parlay bet is a type of sports betting where two or more bets are combined into one wager, with the condition that all outcomes within the parlay must be selected correctly for the bet to win. The odds for each pick are multiplied by one another to determine the odds for the parlay.
Parlay bets can be made on various types of bets, including point spreads, moneylines, over/unders, and player props.
Parlay bets are riskier than single-game bets since they comprise many individual chances, but they give a bigger payout if all individual wagers win. The more bets added to the parlay, the greater the risk and the bigger the payout
Parlay odds can be calculated by dividing the total return amount (win + wager) by the wager amount to get a decimal multiplier for each bet involved in the parlay. Then, those multipliers are multiplied by each other to get the parlay odds.
Parlay bets can be made at any online or in-person sportsbook, and casinos use a popular option called a parlay card to choose teams and totals. The odds of hitting a parlay depend on the number of bets involved, and the more bets added to the parlay, the slimmer the odds of hitting the parlay
Below are examples of the odds of winning a parlay:
Two-team parlay – 2.6/1
Three-team parlay – 6/1
Four-team parlay – 11/1
Five-team parlay – 22/1
Six-team parlay – 44/1
Seven-team parlay – 88/1
Eight-team parlay – 175/1
Nine-team parlay – 350/1
Ten-team parlay – 700/1
Eleven-team parlay – 1,300/1
Next we showcase the top 3 Sportsbooks for US Players. Each of the Sportsbooks below have been battle testing and have well over a decade online. They offer special bonuses for first time depositors, especially those deposit with Crypto.
Best NFL Betting Sites
BetOnline Sportsbook – 5.0 / 5.0 Rating
MyBookie Sportsbook – 4.5 / 5.0 Rating
BetUS Sportsbook – 4.5 / 5.0 Rating
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#1 BetOnline:
BetOnline.ag is an online gambling platform that offers sports betting, casino games, and poker rooms. The Sportsbook was launched in 2004 and has been one of the top sportsbook and casino gambling destinations since.
BetOnline.ag offers a wide variety of betting options, including sports betting, casino games, and poker rooms. The site has a sleek and contemporary design that makes it easy to navigate. BetOnline.ag offers safe payment options and has a solid reputation in the online betting industry. The site has a mobile app that is user-friendly and offers many betting possibilities for sports and casino activities. BetOnline.ag has a high overall customer satisfaction rating on review platforms and in customer surveys
Newcomers to BetOnline may claim a generous 100% bonus up to $1,000 when depositing via Bitcoin. The platform also boasts an advanced “live betting” feature, allowing real-time wagers on ongoing events. Beyond sports betting, BetOnline features a comprehensive racebook, casino, and poker room, catering to a diverse range of betting enthusiasts.
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#2. MyBookie:
MyBookie, is a seasoned operator in the online betting industry with a decade of experience, provides a comprehensive betting experience. The sportsbook features a multitude of sports, including all the major league sports, international sports, E-sports, and niche markets. The site has a sleek and modern design that makes it easy to navigate and has a high overall customer satisfaction rating on review platforms and in customer surveys.
MyBookie accepts a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and XRP, with a minimum deposit of just $20. Their customer support team stands ready to assist you 24/7 through live chat, email, or phone. For those new to sports betting or those who consider themselves recreational bettors, MyBookie is an essential addition to your betting arsenal. For those that are new to the Sportsbook betting world and may consider themselves recreational (this is your go to Sportsbook).
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#3. BetUS:
BetUS is known as market leader when it comes to working with cryptocurrencies. They also offer a diverse range of deposit options that include Visa, MasterCard, American Express, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Bank Wire. Withdrawals typically take between 24 to 48 hours. Notably, cryptocurrency transactions are free of any fees, and the deposit limit for cryptocurrencies is a generous $50,000.
BetUS offers a multitude of sports, including all the major North American sports, international sports, and niche markets. BetUS also guarantees safe payment options using 256-bit encryption and SSL certification to protect sensitive data. The site has a sleek and intuitive design that makes it easy to navigate. The Sportsbook also gives you instant access to BetUS TV and the Locker Room, where users can stay up-to-date on the latest betting news, picks, trends, and more.
Closing Thoughts
We hope you enjoyed our post covering the parlay bet and the best Sports Betting Sites. Once you register with any of the Sportsbooks above, be sure to check out all the exclusive Crypto Bonuses and take advantage of their special offers. For those of you looking to access our latest sports selections, check out our dedicated NFL Picks Page.
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