{"id":3822,"date":"2013-09-10T22:18:44","date_gmt":"2013-09-10T22:18:44","guid":{"rendered":"http:\/\/topbet.eu\/news\/?p=3822"},"modified":"2013-09-19T23:43:00","modified_gmt":"2013-09-19T23:43:00","slug":"sportsbook-101-what-are-parlays-and-teasers","status":"publish","type":"post","link":"http:\/\/topbet.eu\/news\/sportsbook-101-what-are-parlays-and-teasers.html","title":{"rendered":"Sportsbook 101: What Are Parlays and Teasers?"},"content":{"rendered":"<p>Parlays and teasers add more excitement to your online sports betting experience. Teaser betting may be slightly more difficult than point spread or moneyline betting to grasp because you are adding or subtracting points to and from lines, but that\u2019s about it.<\/p>\n<h2>What Are Parlays and Teasers?<\/h2>\n<h4>A Parlay (or Parlay Betting) is when you combine multiple bets and make one bet.<b><br \/>\n<\/b><\/h4>\n<p>Although it sounds daunting, a parlay bet is a selection of two to twelve wagers that are linked together. In order to win the parlay bet, however, all of your wagers have to win. If one of your wagers loses, your entire parlay bet is a loss. Adding more wagers, or teams, to your parlay increases your potential payout. If you combine the most basic types of bets in sports betting \u2013 spread bets and moneyline bets, for example \u2013 along with other bet types, you stand to win an even bigger payout at <a href=\"http:\/\/topbet.eu\/sportsbook\/\" target=\"_blank\">Top Bet Sportsbook<\/a>.<\/p>\n<p><a href=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Parlays.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-3823\" alt=\"Parlays\" src=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Parlays.jpg\" width=\"498\" height=\"424\" srcset=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Parlays.jpg 498w, http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Parlays-300x255.jpg 300w\" sizes=\"(max-width: 498px) 100vw, 498px\" \/><\/a><\/p>\n<p>In the above example, this parlay bet is a combination of bets \u2013 moneylines, spreads and totals, among others. The condition is simple: win all of those bets and you win big. The more teams you include in your parlay bet, the bigger your payout.<\/p>\n<p>To learn more parlay betting, check out Top Bet\u2019s top-notch bet ticket.<\/p>\n<p><a href=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Parlay-Option.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-3824\" alt=\"Parlay Option\" src=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Parlay-Option.jpg\" width=\"229\" height=\"490\" srcset=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Parlay-Option.jpg 229w, http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Parlay-Option-140x300.jpg 140w\" sizes=\"(max-width: 229px) 100vw, 229px\" \/><\/a><\/p>\n<p>After selecting the teams you want to pick (spread bets for Minnesota, New England and Indianapolis, for example); you then have the option to choose if you want it to be a straight bet or a parlay bet.<\/p>\n<p>To make a parlay bet, click the Parlay Options button in the bet ticket. Afterwards you\u2019ll be prompted with a choice on where to bet. In this case, the choices are either the 3-Team Parlays or 2-Team Parlays.<\/p>\n<p><a href=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Paray-option-part-2.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-3825\" alt=\"Parlay option part 2\" src=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Paray-option-part-2.jpg\" width=\"268\" height=\"493\" srcset=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Paray-option-part-2.jpg 268w, http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/Paray-option-part-2-163x300.jpg 163w\" sizes=\"(max-width: 268px) 100vw, 268px\" \/><\/a><\/p>\n<p>Clicking the 3-Team Parlays link will show you this:<\/p>\n<p><a href=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/3-team-palays.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-3826\" alt=\"3-team palays\" src=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/3-team-palays.png\" width=\"421\" height=\"172\" srcset=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/3-team-palays.png 421w, http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/3-team-palays-300x122.png 300w\" sizes=\"(max-width: 421px) 100vw, 421px\" \/><\/a><\/p>\n<p>The potential win for this parlay bet is <b>$600<\/b> (at +600 odds for the 3-team parlay bet) with $100 at risk.<\/p>\n<p>Here\u2019s an example for a 2-team parlay with a bet of $100.<\/p>\n<p><a href=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/2-team-parlay.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-3827\" alt=\"2 team parlay\" src=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/2-team-parlay.png\" width=\"238\" height=\"494\" srcset=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/2-team-parlay.png 238w, http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/2-team-parlay-144x300.png 144w\" sizes=\"(max-width: 238px) 100vw, 238px\" \/><\/a><\/p>\n<p>The potential win and wager risked (bet) in the 2-Team Parlays bet are different from the 3-Team Parlays. Clicking the 2-Team Parlays link will show you this:<\/p>\n<p><a href=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/two-team-parlay-part-2.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-3828\" alt=\"two team parlay part 2\" src=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/two-team-parlay-part-2.png\" width=\"516\" height=\"215\" srcset=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/two-team-parlay-part-2.png 516w, http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/two-team-parlay-part-2-300x125.png 300w\" sizes=\"(max-width: 516px) 100vw, 516px\" \/><\/a><\/p>\n<p>To win in a 2-team parlay bet you need to pick correctly on<b> 2 out of 3<\/b> bets. The total wager risked in this example is $300 &#8212; $100 each for each 2-team parlay:<\/p>\n<ul>\n<li>Correct picks on the 1<sup>st<\/sup> (Minnesota) and 2<sup>nd<\/sup> (New England) betting lines will net your $100 wager a $281.81 payout (Odds at +282).<\/li>\n<li>Correct picks on the 1<sup>st<\/sup> (Minnesota) and 3<sup>rd<\/sup> (Indianapolis) betting lines net your $100 wager a $250.00 payout. (Odds at +250)<\/li>\n<li>Correct picks on the 2<sup>nd<\/sup> (New England) and 3<sup>rd<\/sup> (Indianapolis)\u00a0 betting lines net your $100 wager a $266.66 payout (Odds at +267)<\/li>\n<\/ul>\n<h5>Unique to Top Bet are Parlay Challenges: Parlay challenges give players a chance to earn up to 20% more than they normally would on regular parlay bets. Top Bet builds your parlay card for you to save you time and get you betting faster.<\/h5>\n<h3>Difference in Payouts: Parlay Betting vs. Single Bets<\/h3>\n<p>Let\u2019s assume that all the teams you selected covered their respective spreads. Here\u2019s your bet ticket and the potential payout:<\/p>\n<p><a href=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/potential-parlay-payout.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-3829\" alt=\"potential parlay payout\" src=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2013\/09\/potential-parlay-payout.png\" width=\"223\" height=\"472\" \/><\/a><\/p>\n<p>To show you the difference in payouts in betting individually on those same games, here\u2019s a table comparing the payouts between a straight bet and parlay bets:<\/p>\n<div align=\"center\">\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"181\"><\/td>\n<td valign=\"top\" width=\"144\"><b>SPREAD BETTING (SINGLE BETS)<\/b><\/td>\n<td valign=\"top\" width=\"156\">\n<p align=\"center\"><b>PARLAY BETTING<\/b><\/p>\n<p align=\"center\"><b>\u00a0(3-TEAM PARLAYS)<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"157\">\n<p align=\"center\"><b>PARLAY BETTING <\/b><\/p>\n<p align=\"center\"><b>(2-TEAM PARLAYS)<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"181\"><b>WAGER RISKED<\/b><\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\"><b>$300<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"156\">\n<p align=\"center\"><b>$100<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"157\">\n<p align=\"center\"><b>$300<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"181\">Minnesota Vikings (-6.5)<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">$90.90<\/p>\n<\/td>\n<td valign=\"top\" width=\"156\">\n<p align=\"center\">&#8211;<\/p>\n<\/td>\n<td valign=\"top\" width=\"157\">\n<p align=\"center\">&#8211;<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"181\">New England Patriots (-7)<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">$100.00<\/p>\n<\/td>\n<td valign=\"top\" width=\"156\">\n<p align=\"center\">&#8211;<\/p>\n<\/td>\n<td valign=\"top\" width=\"157\">\n<p align=\"center\">&#8211;<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"181\">Indianapolis Colts \u00a0(+3.5)<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">$83.33<\/p>\n<\/td>\n<td valign=\"top\" width=\"156\">\n<p align=\"center\">&#8211;<\/p>\n<\/td>\n<td valign=\"top\" width=\"157\">\n<p align=\"center\">&#8211;<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"181\"><b>TOTAL PAYOUT<\/b><\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\"><b>$274.23<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"156\">\n<p align=\"center\"><b>$600<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"157\">\n<p align=\"center\"><b>$798.47<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Single bets on Minnesota (-6.5), New England (-7), Indianapolis (+3.5) worth <b>$300<\/b> at risk netted a win of <b>$274.23<\/b> but a 3-Team Parlays bet worth <b>$100<\/b> on the same teams earned <b>$600<\/b> and the 2-Team Parlays bet worth <b>$300<\/b> had a $<b>798.47<\/b> payout.<\/p>\n<p>Here\u2019s the standard payout for Top Bet\u2019s parlay betting:<\/p>\n<div align=\"center\">\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\"><b>Number of Teams<\/b><\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\"><b>Payout<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">2<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+260<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">3<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+600<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">4<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+1000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">5<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+2000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">6<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+4000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">7<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+7500<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">8<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+15000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">9<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+30000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">10<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+70000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">11<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+100000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"162\">\n<p align=\"center\">12<\/p>\n<\/td>\n<td valign=\"top\" width=\"144\">\n<p align=\"center\">+180000<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Ready to put your betting skills to the test?\u00a0 Start with 2-Team Parlays and work your way up to Parlay Challenges \u2013 <a href=\"http:\/\/topbet.eu\/sportsbook\/\" target=\"_blank\">only at Top Bet Sportsbook.<\/a><\/p>\n<div class=\"pvc_clear\"><\/div>\n<p class=\"pvc_stats all \" data-element-id=\"3822\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> &nbsp;7,202&nbsp;total views, &nbsp;3&nbsp;views today<\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Parlays and teasers add more excitement to your online sports betting experience. Teaser betting may be slightly more difficult than point spread or moneyline betting to grasp because you are<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p class=\"pvc_stats all \" data-element-id=\"3822\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> &nbsp;7,202&nbsp;total views, &nbsp;3&nbsp;views today<\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":4,"featured_media":3830,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[410,407,460],"tags":[414,116,113,415,152,193,416],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sportsbook 101: What Are Parlays and Teasers? 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