Let's assume you place a $10 parlay on 2 selections, with odds of -180 and +250. This is done by multiplying the prices of the selections together, but remembering to include the stake amount. If the odds in the parlay are not all -110 then the (true) parlay odds are calculated according to the different prices. Variations in the prices will cause variations in the pay-offs. The odds quoted in the pay-off table below only hold true if all selections in the parlay are at the standard price of -110 (football and basketball spreads and totals).
You cannot combine ‘connected’, ‘dependent’ or ‘correlated’ events in the same parlay. A tie and win on a 2 team parlay pays out as a straight bet. If there is a tie or no action, the parlay reverts to the next lowest number for pay-off, for example: if you select 4 teams and one of those ties, it becomes a 3 team parlay. The benefit of the parlay is that it gives a much higher payoff than if you were to place each bet individually since it’s harder to win all your selections. You can combine spreads, totals and moneylines.
All selections must win for your parlay to be successful. Select as few as two or as many as fifteen teams and combine them in one wager.