Who do you think will win? If you want a simple way to bet on basketball, bet the moneyline.
NBA Parlay Betting Explained
Bet small, win big, that’s the beauty of NBA Parlay betting. With up to 15 NBA games tipping off every day, the chances to capitalize are plentiful. Don’t be fooled, they’re harder to win than a standard single bet, but expect a much higher return from a small stake if your NBA parlay betting picks do land.
An NBA parlay bet online is any bet that involves wagering on the outcome of more than one event or proposition. As you pick more legs, sometimes called selections, for your bet, the odds of each are multiplied together to offer a bigger overall price. However, in order to cash in on a parlay bet, all of the legs need to be successful.
NBA parlay bets are great because they often return higher potential payouts than single bets. Placing a bet on multiple markets, over multiple games, can require a large bankroll, but with an NBA parlay strategy, it’s a great way to make your original stake go further. Bigger odds mean you can risk less and win more, but importantly for any fan, it also means you can still have skin in multiple NBA games.
What happens if one or more legs is a tie, postponed, incomplete, or cancelled? Your NBA parlay reverts to the next lowest number. A five-team parlay, for example, which has four winners and a tie, will pay out as a four-team parlay. A two-team parlay, where one team wins and one ties, becomes a single bet.
An NBA parlay bet is multiple wagers (at least two) treated as a single bet. Each part of the bet is called a leg, and if any of those legs lose, the entire parlay loses.
An example of this in an NBA game would be taking the Golden State Warriors moneyline (-110), with the Under 217.5 (-110). A $100 wager would win you $264.46.
When placing NBA parlay picks, you do not have to wager $100. You can bet any amount you want. Our odds calculator can help you determine how much you would win based on the amount you bet.
Think you know how many points a team will win by? Find out how to bet the spread with our guide.
Find out why betting over/unders, AKA totals betting, is an important skill for any online bettor.
Get bigger odds and bigger returns - learn how to make the most of parlays.
Parlay bets are very attractive because you can risk a little for a big payout. They are a high-upside, high-variance way to approach sports betting, so they are much harder to hit.
The easiest way to calculate parlay odds yourself is by multiplying all of the decimal odds together, then taking that number and multiplying that by your amount wagered. But we would also recommend using our odds calculator to make life easier.
Remember to always check what the potential payouts are as they vary from sportsbook to sportsbook, especially with those that offer parlay bonuses which incentivize you to make a particular wager.
Most sportsbooks will allow you to parlay NBA prop bets as long as they are not from the same game. One NBA parlay betting tip is to try and find those players who will make the most of an opportunity of extra playing time when superstars are resting, or out due to an injury. Their totals may be undervalued and could really help with those big parlay payouts.