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Sports Betting 101: Understanding Parlay Betting

13/04/202240 Comments

Betting parlays is one of the most popular ways to bet on sports, an approach used by recreational and professional bettors alike. Professional sports betting analysts Mike Brenner and Peter Loshak give a brief introduction to parlay betting on sports for beginners.

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In this video, I’m going to show you the odds you have of hitting a 2, 3, 4, 5 & 6 team parlay and the results might shock you. So if you like betting parlays this video might make you reconsider your parlay strategies…

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40 Comments

  1. 504Trader
    13/04/2022,

    I hit 9 of 10 on a parlay do I win anything

  2. Good Stuff
    13/04/2022,

    so in his example, you would only pay $2 for the parlay but win $6?

  3. pay
    13/04/2022,

    I learned about parlays playing keno at Lake Tahoe. It's fun. I never bet big though.

  4. Familyties007 Entertainment
    13/04/2022,

    That 18games $7 guy is me. They call me young bookie at borgota lol

  5. Wesley Blisard
    13/04/2022,

    Have had great luck with parlys. I placed a 12 game parlay two weeks ago and won. I have several up coming week, college football.

  6. TOMMIE
    13/04/2022,

    YouTube if you don’t have my shit together what time I’ll get home from motherfucking work I’m gonna fuck up

  7. ANNA
    13/04/2022,

    “you wont be betting large amounts on a parlay” howie shouldve watched this :,(

  8. Mike
    13/04/2022,

    So a parlay is just several bets, if one loses you don't get anything.

  9. Lowkeyass Character
    13/04/2022,

    Looks like the guy on Parks and Rec lmao

  10. donut outdoors
    13/04/2022,

    So can you place a parlay with the spreed

  11. sebastian serna
    13/04/2022,

    Just wonderful, I've been looking for "where can i place sports bets online" for a while now, and I think this has helped. Have you heard people talk about – Dondiviar Tiylena Booster – (do a search on google ) ? Ive heard some pretty good things about it and my cousin got amazing results with it.

  12. DuelLinksRebel
    13/04/2022,

    I won 5,000 on a 6 games parley

  13. TSquared52
    13/04/2022,

    So if one of my teams loses do I still get the money for the team that wins?

  14. justsaviorbreath
    13/04/2022,

    Only bet parlays individually. Like Singles tell matchups, or UFC matchups.

  15. Norman Hill
    13/04/2022,

    Appreciate Video! Forgive me for chiming in, I am interested in your opinion. Have you ever tried – Tarbbatigan Spreadsheet Improvement Tip (Have a quick look on google cant remember the place now)? It is an awesome one of a kind guide for discovering the secrets to football trading minus the headache. Ive heard some awesome things about it and my good mate called Gray finally got excellent success with it.

  16. Joe Boomer Audio Extravaganza
    13/04/2022,

    So… what's a parlay bet? 🙂
    Not exactly a 101 course

  17. Eric
    13/04/2022,

    im a master on parlays i hit two 14 and one 13 just my first year doing it. biggest payout $1 bet paid 3800

  18. Jonah Ghost
    13/04/2022,

    one more point i would like to make is that you can hit less than 50% and still make a killing.

  19. Daniel K. Demick
    13/04/2022,

    Nice series guys! Keep up the good work! The more information novice betters have out there, the better! #beatthatbookie

  20. Jack Hovatter
    13/04/2022,

    I wish you guys would have had these last year but I think it's brilliant with more and more bettors coming to the alter of sports betting to make it more accessible. Excellent series and excellent mustache.

  21. LINEMAKER SPORTS
    13/04/2022,

    Comment below if this changes the way you look at parlays!

  22. max parsons
    14/04/2022,

    I hit a 10 leg 2 $ bet for 136$

  23. VIO-CHAIR
    14/04/2022,

    What I do is make 15 to 20 parlays for an event. I bet a dollar per parlay and I make about 200-500 all the time.

  24. Be What You want to be
    14/04/2022,

    You will be surprised how may people said yes hahaha

  25. atlas gunther8
    14/04/2022,

    Also, the payouts are often pathetically underwhelming.

  26. Maurice Ross
    14/04/2022,

    Just hit a 5 leg parlay last night and I'm mad af I didn't put more money on it

  27. Johhnies16
    14/04/2022,

    college basketball buy the three points , 4 team parlay, easy.

  28. mqmoreno23
    14/04/2022,

    I bet on parley as a lottery ticket if it hits it hits is good to play parley just to be in it

  29. Kevin Siok
    14/04/2022,

    Good one…..

  30. TampaBoy James
    14/04/2022,

    I hit a 9 team parlay in baseball last year I only put 1$ won 103$ I was shocked I haven't hit A Parlay since 😂

  31. marlon marinez
    14/04/2022,

    💯💯💯💯 🔥

  32. TheG man
    14/04/2022,

    How often do bettors get banned or get limited on wagers by the bookie? Assuming one only uses 1 bookie only

  33. kevin overholtzer
    14/04/2022,

    so if the chart i read is correct the odds of hitting a 11 team parlay if you only win 50% of your bets is 2000 to 1 and the vegas payout is 1200 to 1 if you win 55% of your bets the odd are 716 to 1 and the pay out is the same. so even if your a good bettor you could go years before hitting a 11 team winner. I know it is a suckers bet but i dream of putting 2,000 on a 12 team parlay making 6 bets on who is going to win the game and 6 picks on the over under for a 6 million dollar payout.

  34. kevin overholtzer
    14/04/2022,

    your leaving out half the equation here. What do they pay you when you win a 3 team parlay. i think it is like 6 to 1 . 14.37 goes into 100 7 times so if it takes you 7 times to win you lost 100. I would like to know what the odds are of winning a 12 pick parlay the house pays around 3000 to one but i would guess the odds of winning that would be like 1 in 3500

  35. Irving Mata
    14/04/2022,

    Do not bet parlay unless you do your research. Money lines all day.

  36. Joseph Ross
    14/04/2022,

    Could you make follow-up video about the books payout versus true odds anything over three teams I feel your giving the book to much and not a fair payout. Also could you go over the only parlays worth taking in a two team 6pt NFL teaser.

  37. Ronie Ochoa
    14/04/2022,

    On paper, yes the odds are shit. The numbers don't lie but I've made $1200 this week alone mostly on NBA and last night I hit a 2 and 3 leg parlay with some NFL as well. Wednesday comes to mind. Cleveland played the Rockets who were down their 2 best offensive weapons, The Hawks played the Magic and the Jazz played the clippers with out Paul George. Easy 3 team on paper and they all covered the spread. I would say there's times where it may make more sense based off of stuff like this but yes, generally you're right. The odds for parlays are bad.

  38. Truth888
    14/04/2022,

    A bettor won 14 leg parlay in the NFL last weekend(Caesars)! They picked 10/14 favorites. 50 dollars cashed into almost half a million dollars! I will always do some parlay bets. It's just too tempting for a red blooded gambler.

  39. Nicholas Ikwueme
    14/04/2022,

    Well I make a living of parlays and it very possible. It depends on the odds. If the odd are low and your betting on the favours your have more chance of winnings. I have a friend that does 15/16 parlays all the time and wins them like once every 2/3 month. $1 parlay on 15/16 teams, when he win, he makes like 5/6k on it. But you will lose alot and have to be patient

  40. Tone
    14/04/2022,

    Parlay the stat bets instead of games .

Comments are closed