Betting On Parlays - How To Make A Parlay Wager
BettingOnParlays.com.com warmly welcomes new as well as seasoned bettors who want to learn more about the secrets and strategies of placing parlay bets at online sportsbooks. We aim at covering almost every aspect of parlay betting and educating bettors on how to place parlay bets successfully. Parlay betting is challenging, but we can show you how to rake in profits from your parlay bets, and you can get all this information free of charge at this website.
The aim of BettingOnParlays.com.com is to provide those who want to wager on parlays—beginners, intermediates, as well as seasoned bettors—to get the most out of their parlay betting activities. We strive to present almost every bit of information related to parlay betting, including parlay rules, tips, restrictions, and the best online sportsbooks to place parlay bets at.
What Are Parlay Wagers?
A parlay wager is a combination of straight bets involving money lines, point spreads, or totals and has a larger payout. Types of sports bets such as proposition bets on a wide range of games can be parlayed. Besides, players can create a parlay bet encompassing a wide range of sports, such as football, hockey, golf, baseball, basketball, soccer, cricket and others.
In case of football, players can parlay money lines and point spreads, provided the spread to total ratio is over 3 – 1. In hockey and baseball, players can create parlay bets out of totals and money lines. Parlaying totals and spreads is not permitted in sports such as soccer, hockey, baseball, and others. Bettors should note that parlay rules vary from sportsbook to sportsbook.
Where Can I Bet On Parlays Online?
Those that already have an online sports gambling account can make parlay wagers on a wide range of sports events at licensed and regulated online sportsbooks, such as the ones listed here. These are top-rated online sports betting sites as they feature quick payouts, excellent customer care service, great bonuses and offers, lucrative promotions, and a wide range of reliable deposit options.
Bovada Sportsbook - Allows U.S. Residents From 47 States
Bovada, an online sports betting brand operated by Meadway Leisure Limited, is an exciting online venue for parlay betting, especially considering the fact that it offers true odds for all parlay bets. Players can put money on a parlay wager at Bovada using a wide range of bet types across a wide range of sports such as league football and hockey, collegiate games, soccer, golf, and others.
Bovada offers irresistible sports betting service such as mobile betting and live in-play betting. Players need not worry about the safety of their winnings and private financial details because the online sportsbook adheres to the best industry standards. Licensed and regulated by the Kahnawake Gaming Commission, Bovada is US friendly, accepts deposits via a wide range of US friendly payment options, and processes payout requests quickly.
BetOnline Sportsbook - Friendly Parlay Rules + Betting Limits
As long as users avoid making mistakes such as including dependent or correlated bets within a single parlay, they can have a fun time parlay betting at BetOnline Sportsbook, a licensed and regulated US friendly offshore online sportsbook. The online sportsbook attracts a number of parlay bettors as it pays a maximum of $150,000 on parlay bets.
BetOnline is ideal for US sports gamblers because it offers top odds on popular US sports such as professional and college football, basketball, and baseball as well as golf, soccer, and tennis. Besides, BetOnline is one of the best bookies for bonuses. Besides claiming a lifetime bonus of 50 percent up to $2,500 on every qualifying deposit, players can claim a free live betting bonus of $25.
SportsBetting - Get Paid Quickly When You Hit That BIG Parlay Here!
Sportsbetting is another ideal offshore online sportsbook for USA residents interested in parlay betting, especially as it challenges bettors to win as much as $150,000 on their parlay bets in one working day. Although bettors can parlay a wide range of sports, they cannot include sports such as Mixed Martial Arts, boxing, and auto racing in their parlay bets. The online sportsbook at SportsBetting.ag also does not accept parlays with futures and props.
Newly registered users at Sportsbetting.ag can claim a grand welcome bonus of 50 percent up to $2,500, but the online sportsbook’s list of bonuses and offers does not end here. Sportsbetting offers alluring features such as live betting and mobile betting besides allowing players to claim a live betting bonus of $25 and a mobile betting bonus of $50.
5Dimes Sportsbook - Best Website For Euro Football + Soccer Parlay Wagering
5Dimes is one of the best US friendly offshore online bookies for parlay betting. Smart bettors can actually win as much as $250,000 on their parlay bets in 24 hours. Users can parlay several bet types based on several varieties of sports; however, 5Dimes Sportsbook cancels parlays containing line errors. 5Dimes also offers live in-play parlay betting facilities.
An online bookie belonging to the prestigious 5Dimes Group, 5Dimes Sportsbook offers the best odds on a wide range of collegiate and professional sports. In fact, there is hardly any sport under the sun left uncovered by 5Dimes Sportsbook. Licensed in Costa Rica, 5Dimes Sportsbook allows account holders to place parlays, if bets, pleasers, teasers, progressive bets, futures, and props on any sports of their choice. Besides, the sportsbook accepts deposits through convenient and reliable payment options, processes payout requests quickly, and offers excellent customer service.
Sports betting beginners who are interested in placing parlay wagers at their favorite online sportsbooks should first learn as much as possible about parlays. Making parlay bets is not a joke as players could lose the entire bet if they lose even one of their bet selections. Anyone that wants to bet money in a parlay wager should, therefore, do their homework well and conduct a lot of research before attempting to place parlay bets.
Is It Legal to Bet on Parlays?
The US has several laws preventing operators from running unlicensed bookie businesses. The most important of these is the Professional and Amateur Sports Protection Act (PASPA) of 1992, which prevents all states except Montana, Nevada, Delaware, and Oregon from legalizing sports betting. Despite this exemption, only Nevada and Delaware offer legal sports betting services, and players can place parlay bets in a safe, secure, and well-regulated environment in these states. Owing to the absence of proper online sports betting laws, it is safe for US residents to place parlay bets at offshore online sports betting sites.
Rules, Restrictions + Limitations When Betting Parlays
Parlay rules are different at different sportsbooks although most sportsbooks agree on the following rules. A parlay is a combination of several bets, and players will lose the entire parlay bet if they lose even one of the bets it comprises. In case a tie or a push in a winning parlay, the parlay is reduced to the next lowest number; thus a 2-team parlay becomes a straight bet while a 3-team parlay becomes a 2-team parlay.
All types of wagers cannot be parlayed. Bettors cannot parlay futures bets, proposition bets, and circled games. Online sportsbooks do not accept parlays with correlated bets. For instance, one parlay cannot have an over/under bet and favorite/underdog bet on the same game. Similarly, players cannot parlay a bet on the initial half of a football match with a money line for the entire game as these bets are correlated or interdependent.
Online sportsbooks also permit users to sell or purchase points in order to better their chances of winning. Besides, most sportsbooks cancel or reject parlays containing dependant or correlated bets. The maximum that players can win from parlay bets per 24-hour period depends on the sportsbook’s policies.
Which Sports Can Be Included In Parlay Bets?
Almost all sports can be included in parlay bets, although some sportsbook do not allow parlays on certain sports. Players can generally place parlay bets on a wide range of professional and collegiate sports such as NFL football, CFL football, NCAA football and basketball, Olympics and European basketball, NBA basketball, NHL hockey, AL baseball, golf, soccer, tennis, boxing, motor racing, rugby, cricket, table tennis, volleyball, beach volleyball, handball, winter sports, cycling, and many more.
There is no hard and fast rule that parlays must comprise single-sport selections. Although it is true that some sportsbooks require account holders to choose only from an existing list, some sportsbooks do permit bettors to get adventurous and parlay games ranging from NHL hockey to NFL football and from golf to cricket.
