How To Bet Parlays

The online sports betting world has taken off in recent years, with players choosing the convenience and reliability of the Internet to place all of their wagers. After choosing your sports book destination, players will be prompted to sign up, and once they have and are ready to begin playing, a variety of options become available. There are a multitude of bets players can lay, ranging from straight up, to buying points, to betting the number, but the one that is becoming the most common wager is the parlay bet.

A parlay, or accumulator as it is called in some circles, is a single bet in which two or more individual bets are placed together, with wins across the board being the only possible way for the player to win. While the odds of winning significantly decrease ranging from two wagers grouped together on a single parlay, or six wagers grouped together on a single parlay, the amount that can be won goes in the reverse direction, as the potential to win even more money is increased with every bet included in the parlay. Should any of the bets included in the parlay push, the parlay just becomes smaller, not including the total altogether. For example, if a player chooses MLB betting, and bets on the Yankees, Red Sox, and Rays to win, then only if all three teams win does the player get his money. If even one of those teams loses, the wager is considered lost. If the Rays game is rained out, then the parlay becomes a two-team wager, and the player wins, just lesser money than he would have if the Rays had played and won.