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Parlay bets are paid out at odds higher than the typical single game bet, but still below the "true" odds. For instance, a common two-team NFL parlay based entirely on the spread generally has a payout of 2.64:1. In reality, however, if one assumes that each single game bet is 50/50, the true payout should instead be 3:1.
Green Bay Pittsburgh (+2.5) Over/under (45.5) Normally, if these bets are played together as a parlay, a bettor will win $260 on a $100 bet. However, with a teaser, the bettor will win $100 on a $110 bet, 10 to 11 odds. The reasoning is that one will get 6 points to adjust the spread (in either direction).
This makes it possible to bet, for instance, team A and the over, and be paid if both. team A "covers" the point spread (wins by that amount or more) and. the total score is higher than the book's prediction. (Such parlays usually pay off at odds of 13:5 with no commission charge, just as a standard two-team parlay would.)
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This parlay is the perfect way to take advantage of how the Browns should successfully attack the Bengals defense. Per Clevanalytics, Nick Chubb has averaged 7.1 yards per carry in his last three ...
She also shares an interesting strategy for laying parlay bets against a full NHL slate. Minty Bets goes through four key NHL matchups tonight and tells you which way to bet on each of them. A ...
A parlay is at least two bets, but can be as many as the bookmaker will allow. The possible payout of the parlay is determined by the combined likelihood of all bets placed. A parlay of riskier bets (more underdogs) will pay greater than a parlay of more likely bets (more favorites). In a parlay, all bets need to win in order for the parlay to win.
Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets.
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