If betting on a team to win by 10+ points, for example, you can bet on them to win by four or more points. A teaser typically adjusts the line by six points. The teaser is a parlay where you can adjust the money line or point spread in your favor for each selection. Fortunately, you can always find a parlay calculator online to help simplify things.

The odds can be confusing when it comes to parlay betting. Conversely, if you choose multiple favorites, you can expect the odds to be shorter. If you select multiple underdogs, your odds will obviously be longer. When it comes to the money line, parlay betting odds are relative to the odds of each individual pick. You can expect to see odds like those below. Parlay bets that use the point spread are based on fairly standard odds. It’s a great way to add excitement to a weekend of football. With spread betting, you pick multiple teams to beat the spread. The two most popular types of parlay bets are the money line and point spread. This continues until your final selection is made. However, rather than that money being credited to your account, it’s automatically placed on to your next section. All of your initial bets will be placed on your first selection, and if that selection wins, your return is as it would be if you were placing a single bet. This is even more the case when betting on the money line. These can mount up quickly, as eight selections pay out at around 150/1.Ī parlay is more complicated when there are different odds for each selection. A fixed odds chart might show two selections payout at +260 and three selections at +600.

These odds are typically 50/50 chances at odds of -110. This is used when placing a bet on either the totals or the point spread.

One way is by using the fixed odds chart. Your payout can then be calculated in one of two ways. The difference is that you click on the 'Parlay' option. To place a parlay bet, you add each of your selections to your online betting slip, just as you normally would.

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