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Parlay

A parlay is a wager in which you pick from 2-8 teams or totals to win in order to receive a larger payout for risking less money. For a parlay to be considered a winner all selections must win. In the event of a tie the parlay will revert to the next lowest number of winning teams and payoff accordingly (a 2 team parlay reverts to a straight bet). You can mix different Sports into your parlays and even create parlays from one game. You cannot parlay money lines to the same side of the game or 1st half to 2nd half or the same side of the game.

The parlay odds are the following:

When a money line is used in the parlay it has the potential to alter the payout amount in either direction depending on the line. The absolute maximum parlay payoffs in this case are the following:

Money Line Parlays: (most often associated with baseball)

Money line parlays occur when the lines selected differ from -110. The formula is: Risk multiplied by factor 1, multiplied by factor 2 (like that with the number of choices made) and then subtracts the risk amount.

Here is the list of the factors for you to calculate:

If one or more of the selections is an underdog simply add 1 to the line to get the line factor, i.e., +155 would be 2.55.