You can place parlay bets on all manner of markets including moneylines as well as points spreads and totals. A two-team combination is a parlay at its most basic but all of the top rated NY sportsbooks will let you add 10 to 15 legs or more. All of the single wagers must win for a parlay to be successful. What is a Parlay Bet?Ī parlay bet is a wager on two or more outcomes with the odds rising the more picks that are added. Understanding how parlays work and adopting some wise combo betting strategies can increase your prospects of a prosperous payout. The chances of reaching those heights are about as low as winning the NY Lotto but there are still healthy profits to be had.

Sports betting folklore tells of legendary parlay winners with hundreds of thousands returned on just a few dollars.

Whether you’re a ‘go big or go home’ gambler or a ‘building on a budget’ bettor, parlays can be a great way to boost your bankroll. In return, you’ll get bigger odds than on a straight wager but with that comes greater risk.

Parlays are combined bets that can almost be as colossal as you like.

Sports betting parlay guide