For example, two -240 moneylines placed into a parlay will turn the bet into even money (+100).ĭon't forget, any bet can miss, whether it is a 5 to 1 favorite or just a regular spread play. Two team parlays are a favorite of many professional bettors because many times when faced with a moneyline that you like a lot but is a little bit too expensive, you can often combine it with another strong moneyline bet and get to a parlay payout that is much more appealing. No bet is an absolute, 100% can't miss, locked in win, but listed below are strategies bettors use to win more money when combining picks into a parlay. Parlays can be a combination of spreads, moneylines, totals, and even props! This allows you to make your parlays even more exotic. Parlays tend to be the bet of choice for new bettors as they get enticed by the big payouts for little risk, but we recommend bettors to keep their parlay legs to 2 or 3 teams, as this ensures an easier path to victory while still capitalizing on the parlay multipliers. You can typically add as many 'legs' to your parlay that you want, while keeping in mind that the more bets you add, the harder the parlay is to hit, but the higher the payout would be. NFL Best Parlay Picks What is a NCAAB Parlay?Ī college basketball parlay is a wager where you have two or more bets that you combine in one bet slip, and the odds of both bets are multiplied to a new odds number that you would win if you hit both bets.