Why wager on a parlay and not make several individual bets?
The payouts for parlays are significantly higher than for individual bets. But remember, since every one of the individual plays must win, it’s an all-or-nothing bet. If you win two out of three plays, the parlay still loses, whereas you would have won those two plays as individual straight bets. You are given better odds because predicting the outcomes of several events together is significantly more difficult than predicting any individual event. Example A player wants to make a 5 team football parlay bet: Miami -7, New York +3, Seattle -4, Denver -10, and San Francisco -8. If all these bets win, then the player would have won at 20-1 odds. If only 1 team loses then the entire parlay loses. Typical Parlay Payouts 2 Teams 13/5 3 Teams 6/1 4 Teams 10/1 5 Teams 20/1 6 Teams 40/1 7 Teams 75/1 8 Teams 150/1 9 Teams 300/1 10 Teams 7000/1 Teasers A teaser is a parlay in which you adjust the point spread or total of each individual bet. Like a parlay, a teaser is a single wager that links to
