But the more you add, the risker your bet. You can place 5-, 6-, even 7-leg parlays, and some sportsbooks allow up to 15-20 legs. Keep in mind you are not limited to this many.
We’ll start with a 3-leg parlay, then move on to a 4-leg parlay. But the flipside is a higher potential payout than you’d get on individual bets.īelow, we’ll outline two parlay examples to showcase how the bets work. Additionally, if you combine parlay legs with already-high odds, the payout could potentially be massive.īear in mind this is all very risky, as every single individual bet within your parlay must hit in order to win. The more legs you include in a parlay, the higher the potential payout. Because you’re guessing various outcomes, the odds are much higher than you’d find at a standard moneyline or point spread bet.
With each individual spin at 50/50, a single tails flip could completely botch your three heads in a row bet. But if you choose to bet on heads hitting three times in a row, that is far less likely. If you were to bet on a single coin toss, the odds are always 50/50. This is because you’re wagering that multiple outcomes will all occur, making the wager far less likely to hit. Parlay bets always have higher payouts than the individual bets they contain.
