Whether you are new to betting online or more experienced, one of the many types of wagers you will want to try is that of a parlay. In essence, online betting sites offer their customers the opportunity to make a single wager in which more than one team, and more than one game is involved. For your shandor northbet bet to become a winner, you need every team you chose in the parlay to win their games. A loss by one of those teams, and similar to the exacta at the race track not being in the order you wanted, will result in a losing wager. Here are some examples of how to wager on parlays.
Parlays can be spread out across multiple sports. Meaning to say, if there is college basketball, NBA, and NHL games all being played on the same night, you can include multiple games from each sport into your wager. Essentially, as we mentioned above, every team involved in the parlays need to win their games in order for your bet to be a winner.
What's more, parlay's have different odds from the regular types of bets, such as point spreads, money line, and totals, since more than one team and game is involved in your wager. However, point spread and money line parlays.
In a points spread parlay, the bettor's odds go up depending on how many teams they include. For instance, a two team parlay pays 13 to five odds, meaning for every five dollars you put down, you will get 13 back. Yet for a five team parlay, on the point spread, the odds are 25 to one. This means for every dollar you place on your five team parlay, you can get back $25 if the bet pans out.
Conversely, money line parlays, differ from the point spread parlays, in that there is no fixed odds. In a point spread parlay, the sportsbook or bookie is giving you a 50 - 50 chance of winning or losing. However, on the money line, one team can be favored by much more to beat the team they are against. As a result, the parlay, will take all of the money you wagered on the parlay and put it on the first team in your parlay, then if they win, it will recalculate the winnings to wager on the next team in the parlay and so on. This cycle continues until either one of the teams in your parlay loses, or all of the teams in the parlay win.