Both teams cover the spread and we win $200 (Giants $100 + Seahawks $100 = $200). Scenario 1: We bet the Giants +7 for $100 and the Seahawks -4 for $100.But before we do, let’s talk about how much we could make, or lose, if we bet these separately. Those are our two top plays of the day and we like them so much we want to bundle them together and create a parlay. Let’s talk about a two-team parlay in football using the standard 10 percent vigorish (bookie’s commission) on each of the two bets that comprise the parlay.Īssume our two bets are the Giants +7 and Seahawks -4. Below we will discuss what a parlay is, what you can expect for a return on your investment, and how to bet them at sportsbooks like Bet365 (check our Bet365 Review) and Caesars Sportsbook (check our Caesars Sportsbook Review).Ī sports betting parlay is simply a series of two or more wagers rolled into one bet. Well, that’s why OddsTrader is such an invaluable resource because we’ve all been there but it doesn’t take long to learn your way around the sports betting parlance.
Those who are new to the world of sports betting might have heard about parlays, and any number of other terms peculiar to the sports betting industry, but are too intimidated to ask what they mean.
