Parlay Sports Club

Taking the Action to the Next Level

Sports betting is a lot easier today in the United States than it has been in a really long time. Daily fantasy sites like FanDuel and DraftKings now have the ability to offer this exciting way to enjoy sports, depending on where you’re located. Either way, sports betting is a ton of fun if you’re already a sports fan. It helps you to make some money off of your knowledge of the games you love, and it can even help you to take a greater interest in the game as you follow your bets.

Sports parlays can be a lot of fun, and they can be quite lucrative if you do them right. Here’s we’ve compiled everything you need to get started.

What is a Parlay Bet?

Basically, a parlay bet consists of two or more parts. All parts of the bet must be predicted correctly in order for that bet to have a payout.

Parlay bets are some of the hardest and most rewarding types of bets there are, and they are well worth the effort. They’re harder to win, which means you won’t win these bets as often as some of the other bets you might make. But when you do win one of these bets, the payout will make up for those extra losses.

That’s the big draw of the parlay, and it’s why sportsbooks continue to offer them.  Sportsbook promo codes are offered all the time for these types of bets. After all, the books want people to be placing bets—that’s how they make their money. The trick for you is to win often enough on these that they make up for your losses. This is a lot easier said than done, but it is possible. If you’re interested in learning how to make these types of bets with greater accuracy, you’re in the right place.

What Makes Up a Parlay?

A parlay typically consists of a combination of three main types of bets. These include the over/under, the point spread, and the money line. Most books allow you to mix and match these types of bets if you want.

A parlay must have at least two separate bets. You can bet two separate over/unders, or an over/under and a point spread, or so on. The main idea is that whatever components you add to your parlay are accurate. If you nail each portion of your parlay, then you will receive the payout agreed on before finalizing your bet.

Can I Be Profitable Betting Parlays?

Yes, but it’s not easy. A lot of people see the bigger payouts and think that this means easy money. Unfortunately, that’s not quite true. Betting parlays is harder than making individual bets, just because of the simultaneous multiple win conditions.

Parlay bets tend to pay out an exponential amount of cash depending on how many events are linked together. A bet that relies on six things going your way is going to pay out a ton more than just having two events go your way. Of course, getting six events in a row correct is quite difficult, while getting two is a lot easier.

Parlays are made even more difficult by the fact that most books do not allow correlated bets. That means if you are betting the money line on one game, you probably won’t be able to bet the spread on that same game. This adds an extra element of difficult to parlay betting, but it doesn’t mean that they are not possible to win.

Sports Betting… And More!

Parlays are just one way to make sports betting more enjoyable. There are multiple different types of sports bets out there, only a handful of which you can experience through a parlay. Event bets, for one, are another one of the more exciting ways to enjoy sports. If you think that Cam Newton will rush for over 100 yards in one game, for example, you can probably find a book that will allow you to make this bet. These bets are also very difficult to hit, but can be very worthwhile when you do.

If you’re a sports fan, you might also be interested in playing daily fantasy sports. This isn’t exactly betting, and it requires a bit of a different skill, but true sports fans tend to have an easy transition from sports betting to fantasy sports. Rather than making a bet on a whole team’s performance or one type of event, you are drafting an entire team of athletes, and then compete against other fantasy sports players to see whether you can score more points than they do.

FanDuel and DraftKings are considered the two big DFS sites in the U.S., but there are a handful of other sites that have a good product and a reputable playing platform. DFS is a lot of fun, and it might just be your new favorite way to enjoy sports and risk your money for a chance at even more earnings.