Parlays (also known as Multiples or Combos)
gtbets.ag is proud to offer the most comprehensive Parlay selection available today. Parlays, also known as Multiples or Combos, are a very exciting way for the sports betting enthusiast to WIN VERY LARGE AMOUNTS OF MONEY WITH VERY LIMITED RISK!.
Simply put, a parlay is a bet of 2 or more teams (selections) 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. For 2 team parlays, a tie and win becomes a straight bet payout.
At gtbets.ag, you may include up to 12 Selections in your parlays, all sports included. This means that you can make one parlay card with a combination of all your favorite sports! These wagers can be placed very easily online at gtbets.ag.
Please Note: No parlay bets will be accepted where individual 'selections' are connected. For example, one leg of a parlay is for Sampras to beat Henman in the 4th round of Wimbledon and the second or additional part of the parlay is for Sampras to win the overall Wimbledon title. The match forms part of the overall tournament and is therefore 'connected'. In the same way, you cannot parlay the over of the first half of a football game with the over of the total game, because the two are 'connected'.
For NBA and NCAA, first half sides may not be parlayed with the full game side in the same game, and first half totals may not be parlayed with full game total in the same game.
Football and Basketball Parlay Payoffs
A parlay is a collection of two or more teams, in which you must win all of the games to win the game. The problem with a parlay is just that you must win ALL of the games to get paid. So, even if you win three out of four, it will be the same as losing all four; you lose. A 3-team parlay usually pays 6 to 1. If you made a $100 parlay and all three teams covered the spread, you would win $600. All of them need to cover the spread for you to win. If San Diego lost by exactly 6 (push/tie) and you won the other two games, the 3-team parlay would just be knocked down to a 2-teamer. Here are the general payouts for. Winning both bets will get you about $28 in profit, but combining both bets into a $50 two-team NBA parlay will get you more than double that, paying $69.46 plus your $50 bet back. MLB parlays Like the NBA, with multiple games on most days and nights throughout the season, MLB parlays are quite popular as well. A parlay is a single sports wager that involves two or more bets combined into one. This can include point spreads, moneylines, totals, futures, or even prop bets, as long as the bets are on different games. The allure of these bets has always been a larger payout than choosing a single team to win.
Selections | Payout Odds |
2 | 13 to 5 |
3 | 6 to 1 |
4 | 11.5 to 1 |
5 | 22 to 1 |
6 | 40 to 1 |
7 | 80 to 1 |
8 | 150 to 1 |
9 | 300 to 1 |
10 | 500 to 1 |
11 | 1000 to 1 |
12 | 2000 to 1 |
Baseball (moneyline) Parlay Payoffs
Because of the moneyline used in baseball, there are no set payoffs for tying a number of teams together in parlays. Payoffs are determined by a simple formula that changes the moneyline into a decimal number and combines it with the other lines in the parlay. The first step is to change the moneyline into a decimal value. Use the chart below for this purpose.
Values are equivalent to one dollar.
-1.05 | = | .95 | -1.85 | = | .54 |
-1.10 | = | .91 | -1.90 | = | .53 |
-1.15 | = | .87 | -1.95 | = | .51 |
-1.20 | = | .83 | -2.00 | = | .50 |
-1.25 | = | .80 | -2.10 | = | .48 |
-1.30 | = | .77 | -2.20 | = | .45 |
-1.35 | = | .74 | -2.30 | = | .43 |
-1.40 | = | -2.40 | = | .42 | |
-1.45 | = | .69 | -2.50 | = | .40 |
-1.50 | = | .66 | -2.60 | = | .38 |
-1.55 | = | .64 | -2.70 | = | .37 |
-1.60 | = | .62 | -2.80 | = | .36 |
-1.65 | = | .61 | -3.00 | = | .33 |
-1.70 | = | .59 | -3.25 | = | .31 |
-1.75 | = | .57 | -3.50 | = | .29 |
-1.80 | = | .55 | -4.00 | = | .25 |
How to Figure Baseball Parlays
Multiply your bet times the products of these payoffs (+$1) for your parlay return.
Example
A Player bet $50 on the Cardinals (-150) parlayed to the Tigers (-130)
Bet | Cardinals | Tigers | Return | |||
(-150) | (-130) | |||||
$50 | X | 1.67 | X | 1.77 | = | $147.80 |
The return includes the $50 bet.
Use the same method for any number of teams.
Example
2 Team Parlay Definition
Bet $75 on the Cubs (+120) to the Reds (-135) to the Mets (Even) for a 3 team parlay
Bet | Cubs | Reds | Mets | Return | ||||
(+120) | (-135) | (Even) | ||||||
$75 | X | 2.20 | X | 1.74 | X | 2.00 | = | $574.20 |
(1.00 + 1.20) | (1.00 + .74) | (1.00 + 1.00) |
The return includes the $75 bet.
Remember to always add $1 to the payoff price to figure all parlays.
Please Note: All Baseball Side Parlays are 'action.' Run Line & Total selections within your parlay will be voided should there be a pitching change. Round Robin Parlays
gtbets.ag is proud to offer Round Robin parlays. A Round Robin is simply a nickname for parlay wagering on a group of selections (at least three or more) that are to be included in a combination of individual parlays. These wagers can be placed very easily online at gtbets.ag.
For instance, if a player asked for a $100, three-team Round Robin with teams A, B, and C, he/she is simply requesting a two-team parlay with teams A and B, another parlay with teams A and C, and another with teams B and C, for a total of 3 individual parlays, each for $100. The total amount risked would be $300.
Round Robins get more complex as the number of teams increases. A four-team Round Robin 'by twos' for $100 would mean that the bettor wants four teams to be included in a combination of two-team parlays. This would be a total of six individual two-team parlays, for a total risk of $600. If the request is for a Round Robin 'by threes', it would include a total of four possible combinations, for a risk of $400.
Example
A player requests a $100 four team Round Robin 'by twos', with teams A, B, C and D. The possible combinations would be as follows:
Teams AB $100 to win $260
Teams AC $100 to win $260
Teams AD $100 to win $260
Teams BC $100 to win $260
Teams BD $100 to win $260
Teams CD $100 to win $260
If all four teams win, the player wins $1240, while risking only $600! If one game loses, there is still a profit, even though three of the parlays would lose. The three winners get back $780, plus the $100 laid for each parlay, for a total of $1080. After subtracting $300 for the 3 losers, the player profits $480!
Just like in our standard parlays, selections from every league and sport can be included!
Please Note: The maximum parley payoff for any one parlay wager shall be $50,000, whatever the stake, or theoretical payout displayed elsewhere on the gtbets.ag system.
A parlay is a single sports wager that involves two or more bets combined into one. This can include point spreads, moneylines, totals, futures, or even prop bets, as long as the bets are on different games.
The allure of these bets has always been a larger payout than choosing a single team to win. But there's more gamble to these types of wagers because every 'leg' of the parlay needs to not lose in order to win. If one leg loses, the whole parlay loses.
The flexibility of a parlay bet also makes it attractive to gamblers. You can combine multiple sports into your parlay bet; for example, you can include the Cowboys from the NFL, the Celtics from the NBA and the Coyotes from the NHL into a single bet. If they all win, you win.
Test out the parlay calculator above and compare odds at different sportsbooks to see how it works!
A parlay is a collection of two or more teams, in which you must win all of the games to win the game. The problem with a parlay is just that you must win ALL of the games to get paid. So, even if you win three out of four, it will be the same as losing all four; you lose. A 3-team parlay usually pays 6 to 1. If you made a $100 parlay and all three teams covered the spread, you would win $600. All of them need to cover the spread for you to win. If San Diego lost by exactly 6 (push/tie) and you won the other two games, the 3-team parlay would just be knocked down to a 2-teamer. Here are the general payouts for. Winning both bets will get you about $28 in profit, but combining both bets into a $50 two-team NBA parlay will get you more than double that, paying $69.46 plus your $50 bet back. MLB parlays Like the NBA, with multiple games on most days and nights throughout the season, MLB parlays are quite popular as well. A parlay is a single sports wager that involves two or more bets combined into one. This can include point spreads, moneylines, totals, futures, or even prop bets, as long as the bets are on different games. The allure of these bets has always been a larger payout than choosing a single team to win.
Selections | Payout Odds |
2 | 13 to 5 |
3 | 6 to 1 |
4 | 11.5 to 1 |
5 | 22 to 1 |
6 | 40 to 1 |
7 | 80 to 1 |
8 | 150 to 1 |
9 | 300 to 1 |
10 | 500 to 1 |
11 | 1000 to 1 |
12 | 2000 to 1 |
Baseball (moneyline) Parlay Payoffs
Because of the moneyline used in baseball, there are no set payoffs for tying a number of teams together in parlays. Payoffs are determined by a simple formula that changes the moneyline into a decimal number and combines it with the other lines in the parlay. The first step is to change the moneyline into a decimal value. Use the chart below for this purpose.
Values are equivalent to one dollar.
-1.05 | = | .95 | -1.85 | = | .54 |
-1.10 | = | .91 | -1.90 | = | .53 |
-1.15 | = | .87 | -1.95 | = | .51 |
-1.20 | = | .83 | -2.00 | = | .50 |
-1.25 | = | .80 | -2.10 | = | .48 |
-1.30 | = | .77 | -2.20 | = | .45 |
-1.35 | = | .74 | -2.30 | = | .43 |
-1.40 | = | -2.40 | = | .42 | |
-1.45 | = | .69 | -2.50 | = | .40 |
-1.50 | = | .66 | -2.60 | = | .38 |
-1.55 | = | .64 | -2.70 | = | .37 |
-1.60 | = | .62 | -2.80 | = | .36 |
-1.65 | = | .61 | -3.00 | = | .33 |
-1.70 | = | .59 | -3.25 | = | .31 |
-1.75 | = | .57 | -3.50 | = | .29 |
-1.80 | = | .55 | -4.00 | = | .25 |
How to Figure Baseball Parlays
For each price or odds quote on your teams, look at their respective payoffs (to $1) and always add $1 to these payoffs.
Multiply your bet times the products of these payoffs (+$1) for your parlay return.
Example
A Player bet $50 on the Cardinals (-150) parlayed to the Tigers (-130)
Bet | Cardinals | Tigers | Return | |||
(-150) | (-130) | |||||
$50 | X | 1.67 | X | 1.77 | = | $147.80 |
The return includes the $50 bet.
Use the same method for any number of teams.
Example
2 Team Parlay Definition
Bet $75 on the Cubs (+120) to the Reds (-135) to the Mets (Even) for a 3 team parlay
Bet | Cubs | Reds | Mets | Return | ||||
(+120) | (-135) | (Even) | ||||||
$75 | X | 2.20 | X | 1.74 | X | 2.00 | = | $574.20 |
(1.00 + 1.20) | (1.00 + .74) | (1.00 + 1.00) |
The return includes the $75 bet.
Remember to always add $1 to the payoff price to figure all parlays.
Please Note: All Baseball Side Parlays are 'action.' Run Line & Total selections within your parlay will be voided should there be a pitching change. Round Robin Parlays
gtbets.ag is proud to offer Round Robin parlays. A Round Robin is simply a nickname for parlay wagering on a group of selections (at least three or more) that are to be included in a combination of individual parlays. These wagers can be placed very easily online at gtbets.ag.
For instance, if a player asked for a $100, three-team Round Robin with teams A, B, and C, he/she is simply requesting a two-team parlay with teams A and B, another parlay with teams A and C, and another with teams B and C, for a total of 3 individual parlays, each for $100. The total amount risked would be $300.
Round Robins get more complex as the number of teams increases. A four-team Round Robin 'by twos' for $100 would mean that the bettor wants four teams to be included in a combination of two-team parlays. This would be a total of six individual two-team parlays, for a total risk of $600. If the request is for a Round Robin 'by threes', it would include a total of four possible combinations, for a risk of $400.
Example
A player requests a $100 four team Round Robin 'by twos', with teams A, B, C and D. The possible combinations would be as follows:
Teams AB $100 to win $260
Teams AC $100 to win $260
Teams AD $100 to win $260
Teams BC $100 to win $260
Teams BD $100 to win $260
Teams CD $100 to win $260
If all four teams win, the player wins $1240, while risking only $600! If one game loses, there is still a profit, even though three of the parlays would lose. The three winners get back $780, plus the $100 laid for each parlay, for a total of $1080. After subtracting $300 for the 3 losers, the player profits $480!
Just like in our standard parlays, selections from every league and sport can be included!
Please Note: The maximum parley payoff for any one parlay wager shall be $50,000, whatever the stake, or theoretical payout displayed elsewhere on the gtbets.ag system.
A parlay is a single sports wager that involves two or more bets combined into one. This can include point spreads, moneylines, totals, futures, or even prop bets, as long as the bets are on different games.
The allure of these bets has always been a larger payout than choosing a single team to win. But there's more gamble to these types of wagers because every 'leg' of the parlay needs to not lose in order to win. If one leg loses, the whole parlay loses.
The flexibility of a parlay bet also makes it attractive to gamblers. You can combine multiple sports into your parlay bet; for example, you can include the Cowboys from the NFL, the Celtics from the NBA and the Coyotes from the NHL into a single bet. If they all win, you win.
Test out the parlay calculator above and compare odds at different sportsbooks to see how it works!
Placing a parlay bet
There are two ways to place a parlay bet and both are quite simple. Bettors can either tell the ticket writer directly which teams and totals they'd like to bet on and how much they'd like to risk on the bet. Filling out a parlay card is the other option for placing this kind of bet. Once the card is filled in, the bettor simply needs to visit the sportsbook desk to place the bet.
Some mobile sports wagering apps offer both types of parlay bets.
Get the best parlay deal at online sportsbooks with Parlay Insurance here:
Winning a parlay
There are two instances when a parlay can be a winning bet. A parlay only wins if none of the sides, totals or moneylines selected is a loser. The parlay can still be a winner if a game is canceled or ends in a tie. The pay schedule will simply more down to the lesser payment. For example, the bettor will win if a baseball parlay for four teams has three winners and one game is canceled because of rain. The bet will only pay based on the schedule for three winners instead of four as originally planned. The bet is a loser if one pick for a parlay is wrong. 1xbet sign up promo code 2019.
Parlay odds
Not all parlay payouts are the same. Sportsbooks may have different odds for the number of teams bet in a parlay. This can be very confusing when looking at online sports that have different odds and payouts for the same parlay. Further, these odds may change at any time so bettors should check with the ticket writer in sportsbook before placing a parlay.
Parlay payouts
Payouts for a parlay are fixed by the time the bet is placed. Even if the lines and odds for an individual game move, the parlay lines and odds won't change from when the parlay bet was placed. The parlay bet won't be changed whether the lines change for or against the bettor.
If the lines change for a game, or games, in the favor of the bettor another parlay may be bet with the new line. The original bet cannot be changed and the bet will stand. The good news is that the bettor has two live parlay bets.
Types of parlays
A parlay is a type of sports bet and there are different variations of this kind of wager. The most common types of parlays are Round Robin parlays and Teasers.
Round Robin
A Round Robin bet is placing multiple parlay wagers at once. It's just that simple. Round Robin bets are just a way to simplify making multiple parlays. When a bettor 'Round Robin's' teams in sports betting it's similar to a horse bettor 'boxing' horses for an exacta or trifecta bet in a race.
The bettor will select anywhere from 3 to 8 teams or totals to be in the Round Robin. They will then choose how many teams or totals they'd like to tie together for the Round Robin. For example, a bettor may select eight teams and totals for a Round Robin and tie the parlays to as many three-team combinations as possible.
The combination of teams will dictate how many different parlays the bettor has. Continuing the example, if a bettor wants to Round Robin eight teams they will have 28 different parlays if they choose two teams. If the bettor chooses to make three-team parlays they will have 56 different parlay tickets.
The ticket will cost the amount chosen for each parlay. If the bettor only has $300 they might choose to Round Robin the teams by two, so they have 28 different parlays for $10 each. The payout for each winning parlay is the same as it would be if the parlay bets were each made individually.
Teaser
A teaser is similar to a traditional parlay where the bettor can select multiple teams or totals. However, there are no moneylines allowed with a teaser. Unlike a parlay, the bettor may move each point spread or total plus or minus a certain number of points. The additional points on the spread or total make these bets easier to win and thus they pay less than a traditional parlay.
Teaser bets can change the point spreads or totals anywhere from six to 10 points. However, each leg of the teaser must use the same number of points. Those legs of the teaser may go in different directions.
- For example, the New England Patriots -7 can be teased down six points to -1. Meanwhile, the Cleveland Browns can be teased up six points from +4 to +10 points.
Much like a traditional parlay, the more teams involved with a teaser the better the payoff. Again, different sportsbooks have different odds and rules so they might have different payouts and teaser options available to bet.
Parlay Cards
The more popular way to bet parlays in casinos today seems to be with a Parlay Card. These are the long narrow cards where bettors fill in the numbered circle of the side or point spread they want to include in their bet. Once the teams and totals are chosen the bettor simply presents the filled in portion on the card to the ticket writer in the sportsbook along with how much they'd like to wager.
2 Team Parlay 10 Bets
Parlay Cards are especially popular during football season. There are many different types of Parlay Cards including a variety of teasers, ties win and reverse teaser cards known as pleasers. These are more popular every year so the mobile sports wagering apps have started to add Parlay Cards for mobile bettors.
