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• Generate optimal FanDuel NBA sportsbook parlay bets. Specify the type of bet you want in the optimal parlay. Choose up to 3 games to include in the optimal parlay. Too many locks Unlock a game or increase the parlay size. Too many locks Unlock a game or increase the parlay.

A parlay is a bet that is dependent on the combined outcomes of two or more wagers. The wagers can be a mixture of multiple bet types, including spreads, moneylines, and over/unders. A parlay only pays out if each wager within it covers. For that reason, parlays tend to have higher payouts than each wager would if placed separately.

A parlay is a single sports wager that involves two or more bets combined into one. This can include point spreads, moneylines, totals, futures, or even prop bets, as long as the bets are on different games.

The allure of these bets has always been a larger payout than choosing a single team to win. But there’s more gamble to these types of wagers because every “leg” of the parlay needs to not lose in order to win. If one leg loses, the whole parlay loses.

The flexibility of a parlay bet also makes it attractive to gamblers. You can combine multiple sports into your parlay bet; for example, you can include the Cowboys from the NFL, the Celtics from the NBA and the Coyotes from the NHL into a single bet. If they all win, you win.

Test out the parlay calculator above and compare odds at different sportsbooks to see how it works!

Placing a parlay bet

There are two ways to place a parlay bet and both are quite simple. Bettors can either tell the ticket writer directly which teams and totals they’d like to bet on and how much they’d like to risk on the bet. Filling out a parlay card is the other option for placing this kind of bet. Once the card is filled in, the bettor simply needs to visit the sportsbook desk to place the bet.

Some mobile sports wagering apps offer both types of parlay bets.

Get the best parlay deal at online sportsbooks with Parlay Insurance here:

Winning a parlay

There are two instances when a parlay can be a winning bet. A parlay only wins if none of the sides, totals or moneylines selected is a loser. The parlay can still be a winner if a game is canceled or ends in a tie. The pay schedule will simply more down to the lesser payment. For example, the bettor will win if a baseball parlay for four teams has three winners and one game is canceled because of rain. The bet will only pay based on the schedule for three winners instead of four as originally planned. The bet is a loser if one pick for a parlay is wrong.

Parlay odds

Not all parlay payouts are the same. Sportsbooks may have different odds for the number of teams bet in a parlay. This can be very confusing when looking at online sports that have different odds and payouts for the same parlay. Further, these odds may change at any time so bettors should check with the ticket writer in sportsbook before placing a parlay.

Parlay payouts

Payouts for a parlay are fixed by the time the bet is placed. Even if the lines and odds for an individual game move, the parlay lines and odds won’t change from when the parlay bet was placed. The parlay bet won’t be changed whether the lines change for or against the bettor.

If the lines change for a game, or games, in the favor of the bettor another parlay may be bet with the new line. The original bet cannot be changed and the bet will stand. The good news is that the bettor has two live parlay bets.

Types of parlays

A parlay is a type of sports bet and there are different variations of this kind of wager. The most common types of parlays are Round Robin parlays and Teasers.

Round Robin

A Round Robin bet is placing multiple parlay wagers at once. It’s just that simple. Round Robin bets are just a way to simplify making multiple parlays. When a bettor “Round Robin’s” teams in sports betting it’s similar to a horse bettor “boxing” horses for an exacta or trifecta bet in a race.

The bettor will select anywhere from 3 to 8 teams or totals to be in the Round Robin. They will then choose how many teams or totals they’d like to tie together for the Round Robin. For example, a bettor may select eight teams and totals for a Round Robin and tie the parlays to as many three-team combinations as possible.

The combination of teams will dictate how many different parlays the bettor has. Continuing the example, if a bettor wants to Round Robin eight teams they will have 28 different parlays if they choose two teams. If the bettor chooses to make three-team parlays they will have 56 different parlay tickets.

The ticket will cost the amount chosen for each parlay. If the bettor only has $300 they might choose to Round Robin the teams by two, so they have 28 different parlays for $10 each. The payout for each winning parlay is the same as it would be if the parlay bets were each made individually.

Teaser

A teaser is similar to a traditional parlay where the bettor can select multiple teams or totals. However, there are no moneylines allowed with a teaser. Unlike a parlay, the bettor may move each point spread or total plus or minus a certain number of points. The additional points on the spread or total make these bets easier to win and thus they pay less than a traditional parlay.

Teaser bets can change the point spreads or totals anywhere from six to 10 points. However, each leg of the teaser must use the same number of points. Those legs of the teaser may go in different directions.

• For example, the New England Patriots -7 can be teased down six points to -1. Meanwhile, the Cleveland Browns can be teased up six points from +4 to +10 points.

Much like a traditional parlay, the more teams involved with a teaser the better the payoff. Again, different sportsbooks have different odds and rules so they might have different payouts and teaser options available to bet.

Parlay Cards

The more popular way to bet parlays in casinos today seems to be with a Parlay Card. These are the long narrow cards where bettors fill in the numbered circle of the side or point spread they want to include in their bet. Once the teams and totals are chosen the bettor simply presents the filled in portion on the card to the ticket writer in the sportsbook along with how much they’d like to wager.

Parlay Cards are especially popular during football season. There are many different types of Parlay Cards including a variety of teasers, ties win and reverse teaser cards known as pleasers. These are more popular every year so the mobile sports wagering apps have started to add Parlay Cards for mobile bettors.

If you have been on FanDuel Sportsbook in New Jersey recently, you may have noticed a new parlay betting option — the Same Game Parlay.

The lure of any parlay bet is the potential for a big payout. That big payout comes at a cost, though. In this case, the cost is a parlay bet that is difficult to win.

It is not easy to pick several winning bets from different games to combine into a parlay and have them all win.

Same Game Parlays are different, though. A Same Game Parlay combines bets from, well, the same game.

The big question is whether the Same Game Parlays are a good bet. Like with most things related to sports betting in New Jersey, the answer isn’t a simple “yes” or “no.”

What is a Same Game Parlay?

Before you can decide if Same Game Parlays are something you want to try, you should understand what they are.
The Same Game Parlay links individual game outcomes into one bet. For instance, a bettor can create a parlay from one matchup that includes:

• Point spread
• Over/Under
• Half-time result
• Home team points
• QB passing yards

Because the bets are correlated, the odds are adjusted to avoid too much of an edge for the bettor.

Correlated odds are simply when the outcome of one bet impacts the outcome of another.

The Same Game Parlay is designed for the bettor with the knowledge and focused interest on one team.

And, at the very least, the Same Game Parlay will liven up any game-day watch party.

How to place a Same Game Parlay at FanDuel

FanDuel Sportsbook makes placing a Same Game Parlay bet easy.

1. Find your matchup and click on the Same Game Parlay tab.
2. Evaluate your options and select your bets.
3. Track your bets on the “Live Bets” tab.

Are Same Game Parlays a smart bet?

Fanduel Sportsbook Parlay Rules Yahoo

Same Game Parlays sound like fun, but are they a smart bet? Well, they can be.

Fanduel Sportsbook Parlay Rules Poker

Same Game Parlays may give the illusion of benefiting the bettor with a lot of background on a specific team. But like all bets, if it is offered on a New Jersey sportsbook app, such as FanDuel, it is because the book believes it has an edge.

This doesn’t mean an adept bettor can’t use their knowledge about a team and create a Same Game Parlay that produces a winning ticket.

Why bet on Same Game Parlays?

If you are hoping to pay your mortgage with your winnings, then a good rule of thumb is don’t bet on Same Game Parlays.

But if you are looking for some entertainment value from a specific game, then a Same Game Parlay may be just the ticket.

There is no denying watching a game is a lot more fun with some skin in it. If you look at a Same Game Parlay as an entertainment cost instead of income, you will win either way.

You can reduce some of the risks of a Same Game Parlay bet by looking for bonus bet and promotional opportunities. When an online sportsbook perceives it has an edge, they often encourage bettors to try their luck with promotions that can include:

• A form of insurance
• Bonus bets
• Cash back

The bottom line is it comes down to doing your homework.

Fanduel Parlay

Studying the team that you are betting on and looking for promos will certainly help move that house advantage a little closer to your side of the ticket.