Home > Learn to Bet > Sports Betting > Betting on Parlays

Betting on Parlays

A parlay is a single bet that combines two or more individual bets and depends on all those bets winning together to be considered a winning bet.

When you place a parlay, you can combine 2 or more teams or totals into the same bet, and the winnings would be greater than if the exact same bets are placed in the form of a separate direct bet. The more selections, the greater the amount to be earned.

In a parlay all selected bets must be winners: if one of the bet selections is considered lost, the bet ends up being considered a losing bet. There will be cases in which a forecast is left without effect; this will not count towards the parlay and will have an updated payout according to the forecasts that are still valid.

The more events you bet within a parlay, the greater the difficulty of success; therefore, the greater the amount of the profit.

Calculating a Parlay payout

Restrictions

  1. Circled or restricted games cannot be used on parlays.
  2. Propositions and future bets cannot be used on parlays.
  3. The maximum payout for any parlay is $150.000 or its equivalent in local currency.
  4. The maximum parlay payment will be applied when you duplicate the same parlays.
  5. It is not allowed to place more than one bet on the same event or combine in parlay the same team with the spread and the money line. Multiple bets are not accepted when the outcome of one part of the bet contributes to the outcome of another (correlated plays).
  6. All your selections must be correct to win. If a single selection is incorrect, you lose the bet.
  7. In the event of a tie or no action, the parlay will return to the previous level payout, except for a two-team parlay, where a tie reverts to a straight bet.

Open spots

These are selections that are left ’empty’ and then completed with other games, which may not be available at the time of placing the bet.

Open spaces can be kept for up to 90 days. Any open bet that is not filled or that is pending for more than 90 days will be classified as a lost bet.

The following table illustrates payments for each combination level in case all chosen teams have the -110 line*:

Parlay Dividends
2 teams 2.645
3 teams 5.958
4 teams 12.283
5 teams 24.359
6 teams 47.413
7 teams 91.424
8 teams 175.446
9 teams 335.852
10 teams 642.082
11 teams 1226.701
12 teams 2342.793
13 teams 4473.514
14 teams 8541.254
15 teams 16306.940

You can always see the weekly balance of your account, as well as keep track of deposits, withdrawals  and bets in your Betcris account history.

Continue to enjoy the best sports lines with Betcris.