How to place a Parlay Bet

Parlays are one of the most popular ways to bet in sports today. Essentially, a parlay wager is multiple bets grouped into a single one. For example, instead of choosing the Cleveland Browns to win on a particular Sunday, you might choose the Browns, the Detroit Lions and the New England Patriots to win.

This means you need all three teams to indeed win – or one could also wager on all three to cover the point spread -- in order to win your bet, and if a single team loses than you lose your bet. This does increase your chance of losing a bet, but it comes with a much higher reward when you do win. This is a popular way to bet because it requires a smaller initial bet to win big.

The more bets you include in your parlay the higher your reward is when you win.

To place a parlay bet, just choose your preferred team in two or more games and then head to your Bet Slip and click on the ‘Parlay’ button. 

Some Sportsbooks don’t even need you to do this step - they just automatically place a parlay bet into your Bet Slip if you select two or more games. 

At this point just select the amount you want to bet and then submit your bet.