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You can bet on 2 and up to 15 teams on a parlay. The payout will increase as the odds and selections get higher. You can choose multiple sports, spreads, totals or moneylines on a parlay.

Parlays are the most popular of the exotic wagers

On ties, pushes or cancellations, parlays roll back to the next lower number parlay and down to a straight bet where the risk amount of the parlay will be the same as the risk amount of a straight bet. No parlay will be accepted where one or more parts are correlated, as in the 1st half of the game to the game itself, or where there is a 30% ratio within the spread and the total of the same game.

There are special rules for Parlays:

Baseball and Hockey Parlay Special Rules:
Netting the spread and the total on a parlay is not accepted.

Soccer Special Rules:
betting the draw to the under is not accepted.

Basketball and Football Parlay Odds and Payouts

Number of Teams Odds Maximum Payout
Two 13/5 13/1
Three 6/1 30/1
Four 10/1 50/1
Five 20/1 125/1
Six 40/1 200/1
Seven 75/1 375/1
Eight 100/1 500/1
Nine 150/1 750/1
Ten 300/1 1500/1
Eleven 500/1 2500/1
Twelve 750/1 3750/1
Thirteen 1000/1 5000/1
Fourteen 1500/1 7500/1
Fifteen 2000/1 10000/1

* Baseball, Soccer and other sports parlays are determined using a different set formula. Because of the money line used in those sports, there are no set payoffs for tying a number of teams together in parlays.

Payoffs are determined by a simple formula that changes the money line into a decimal number and combines it with the other lines in the parlay.

Just follow these simple steps to get your payoffs:

Step 1: If it is a Negative Moneyline: (100/ml) +1.

Step 2: If it is a Positive Moneyline: (ml/100) +1.

Step 3: Multiply all Decimal Prices times each other.

Step 4: Subtract 1 to the resulting number from Step #3.

Step 5: Multiply the Risk amount times the resulting number on Step #4.

A Round Robin Parlay is all possible combinations of 3 or more selections resulting in multiple parlays. The most common combination of a round robin is A 2 team combination.

The number of resulting 2 team parlays can be calculated with a simple formula:N X (N-1) x (N-2)/6.

Same as in reverses there will be a maximum payout and a max risk for round robins where the max risk is equal to the risk amount times the number of parlays and the max risk is the sum of the payouts of all the resulting parlays.

Back to Bet Type Limits

SportsBettingOnline allows you to take a parlay of up to 15 teams, to learn more, create an account and talk to our wagering department. Sign up here.

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