Welcome to NFL Parlays, the only blog dedicated to the art of parlay. If you’re looking for expert picks and analysis, you’ve come to the right place. We’ll give you the inside scoop on all the Week 1 games so that you can get started on your winning streak right away. Stay tuned for more!
Payouts on Correlated Parlays are 1.5 Times as much as Standard Payouts
Correlated parlays are two or more events that are likely to happen together. For example, a correlated parlay could be picking the Ravens to win and the Under in the same game. Since these two events are likely to happen together, the payout is 1.5 times as much as a standard parlay.
The other advantage of correlated NFL parlays is that you can make multiple wagers with a single bet. For instance, you can combine two games that have different start times. This creates new opportunities for you to hedge your bets later in the game and still earn a guaranteed payout. In addition, you can also hedge your bets by placing them as straight wagers if you lose one.
You Can Bet on Multiple Teams in a Same-Game Parlay
A game parlay is different from a regular parlay in that you’re only betting on one game, not multiple games. The beauty of a game parlay is that the payouts can be much higher than a regular parlay since you’re only dealing with one game. The downside is that it can be very difficult to win a game parlay, especially if you’re betting on multiple teams.
You Can Bet on Multiple Teams in a Money-Line Parlay
You probably know that you can bet on multiple games in a parlay. But what you may not know is that you can also bet on multiple teams in a money-line parlay. Here’s how it works: let’s say you want to bet on the New England Patriots, the Green Bay Packers, and the New Orleans Saints to win their respective games. Then, you would go to a sportsbook and tell them that you want to bet on a three-team money-line parlay.
The sportsbook will then give you odds on that parlay. For example, let’s say the Patriots are -200, the Packers are -300, and the Saints are -400. The sportsbook might give you odds of +600 on that three-team parlay, which means that if you bet $100 and all three teams win, you would win $600.
Of course, the downside is that if any of those teams lose, your whole bet is a loss. That’s why money-line parlays are generally considered to be high-risk/high-reward bets.