Parlay Bet Bovada
When placing a parlay bet online, the bet slips automatically calculate your combined parlay odds, and the potential payouts once you have entered your stake. Types of parlay bets The most popular types of parlays are Against the Spread Parlays and Teasers but you can parlay many different types of bet and even a mixture of bets in the same parlay. A parlay bet, or accumulator / combo bet, is a wager which contains two or more outcomes in a single ticket. Bovada Heritage Sportsbetting YouWager; 2 teams +264 +264 +264: 264 +264: 3 teams. Popular US friendly betting site www.bovada.lv is a great choice for casual gamblers looking to wager football parlays. Editor’s note: This article provided a decent introduction on “what is a parlay bet” and some basic strategy. In this video guide I showcase the Bovada Sportsbook website and show how to place a sports bet.Click on link to sign up for bovada 50% match!
When it comes to the Super Bowl, if you can think of it, you can probably bet it. There are a ridiculous number of prop bets on the table. Including everything from the coin toss to the color of the beverage, the winning team pours on its coach after the contest. With so much on the table, it’s important to weed out the bad bets and focus on building a strategy that gives you the best chance to earn some money.
One of the most important things to do is make bets that fit with the way you expect the game to go. If you think it’s going to be a high-scoring game, for example, it doesn’t make a lot of sense to bet under for Patrick Mahomes’ or Tom Brady’s yardage totals. If you like a low-scoring contest, you’ll want to bet on a fair amount of running attempts to keep the clock moving.
With that in mind, here are some top prop bets available from Bovada.
Touchdown Before Sack (-145)
Paying a little juice isn’t ideal, but this one makes some sense. There’s little reason to expect a sack to come first here because these two teams just don’t get sacked very often. Both are in the bottom five in the league as far as getting sacked, and although Tom Brady isn’t mobile, he’s experienced enough to know how quickly he needs to get rid of the ball. On the other hand, Mahomes should be quick enough to avoid pres-sure early on, which is why the early score is the big favorite.
First team to Six Points: Tampa Bay (+180)
Kansas City is a notoriously slow starter, and the Buccaneers will want to take advantage of that and try to stave off a Chiefs comeback. The Chiefs also started with a 17-0 lead in the first quarter the last time they faced the Buccaneers, and that’s got to weigh heavily on the minds of Bruce Arians and Tom Brady. The Bucs will almost certainly take a shot early, and they’ll be thinking touchdown. This bet offers a lot of upsides and a solid return.
Tied at Halftime: (+750)
I always like to throw in a reasonable longshot bet if I can, and this one’s got a reasonable shot because of one Andy Reid. This is Reid’s third Super Bowl as a head coach, and in both of his previous two trips to the big game, 2004 with the Eagles and last year with Kansas City, the game was tied at halftime. Only one other time in the past 30 years has the game been tied at halftime, and that was six years ago when Brady and the Patri-ots tied Seattle at the half. Only one other Super Bowl in history (XXIII, between San Francisco and Cincinnati) was tied at the break.
So out of the four Super Bowls that were tied at halftime out of 54 overall, Tom Brady and Andy Reid have each been involved in two, and one of them came when they were facing each other. At +750, this is worth the gamble.
First Score: Chiefs Field Goal (+400)
Las Vegas Nfl Odds
In the past 15 Super Bowls, the first score has been a field goal in eight of them, with two safeties and five touchdowns. Yet the odds of the first score being a touchdown are just +145 for Kansas City and +190 for Tampa Bay.
One tip, though: don’t get cute and try to take both the Chiefs and Bucs (+425) to score a field goal as the first score because you’ll just be hampering your efforts. Taking either team to score a field goal as the first score pays +170, meaning you’d get $34 in profit off a $20 bet playing that way, as opposed to getting a max profit of $32.50, placing $10 on each team (because obviously, at least one bet must lose). If you like the Chiefs scoring first, this is the way to maximize profit.
Game-Winning Liquid Color, Orange (+150)
If you want to make this bet, don’t get sucked into the idea of team colors meaning anything. Only four of the past 20 Super Bowl champions have used their team’s color for their hydration beverage of choice during the game, with two of those being the Patriots. Both the Chiefs and Buccaneers have been here in the past 20 years, and neither used red as their color despite wearing red jerseys, so there’s not enough of a bonus for taking red here.
Plus, orange has history. Not only is it the most popular color used in the big game, but it’s also the color that the Chiefs used last year when they beat San Francisco. Teams don’t like to change up the details of success, so even a detail as small as that is likely to be the same as it was the previous year. With Kansas City almost certain to use orange again, you’ve got a big edge in this bet, and you’re getting plus money with the favorite.
Bets to Avoid
Don’t bother with the coin toss. Just don’t do it. A coin is a true 50/50 shot, yet you’re paying -110 either way to take this bet. At least with the ceremonial sports beverage shower, you can get plus money on the prop bet. Here, there’s no science and no plus money involved with this bet, making it a true shot in the dark.
It’s also a good idea to stay away from the MVP winner’s position because there just isn’t enough of an op-portunity here. The number is -500 for a quarterback because the overwhelming majority of MVPs are quar-terbacks, so you’d be getting a ridiculously low return on a bet that’s essentially got a 60% shot of hitting. If you’re going to make this bet, the best option is to try any defensive player at +750. Ten defensive players have won the MVP, and +750 for about an 18% chance isn’t terrible. The problem is that these teams are very offensive-oriented, and it’s going to be tough for a defender to stand out. DOUBLE your Super Bowl bankroll by taking advantage of a 100% real cash signup bonus on your first deposit of $100 to $300 at MyBookie Sportsbook!
NFL Football Picks
- Super Bowl Proposition Bets – Best Bets at BAS
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- Chiefs vs. Bucs Super Bowl Pick ATS
- Super Bowl 55 Pick: Chiefs vs. Bucs
- Super Bowl LV Total Pick
Football Betting Guide
New to football betting? NFL point spreads can be confusing at first, but our how to bet on football article help you bet like a seasoned pro! You'll also learn how to wager on teasers, parlays, over/unders, prop bets, futures and how point buying works.
A parlay is a wager on multiple games all placed into a single bet. In theory the payout for a 2-team parlay is the same as if you bet one game, collected your winnings plus stake, and then bet the winnings plus stake on a second game. A three 3-team parlay in theory pays the same as if you repeated this process of rolling forward an additional time and a 4-team if you repeated it yet another time… so on and so forth. Some online betting sites allow players to bet up to 25-teams in the same parlay, while most allow a lesser amount such as 10-team max or 8-team max. Now I stated “in theory” because when it comes to football parlays the payouts are often less.
What’s important to note for football betting is many online sportsbooks short-pay point spread selections when adding them to a parlay. In their defense, they get away with this because built deep into their betting rules are terms such as “fixed parlay odds” for football point spreads. Although this might seem unethical, bettors always see the payouts prior to confirming their bet. So, this is more a matter of betting sites taking advantage of recreational bettors who don’t know any better, than it is cheating.
Beware of Fixed Odds Parlays
The image to the right shows the fixed parlay odds for football point spreads offered by popular US betting site BetOnline (review). Now to make sure we’re clear you can wager any number of selections as you’d like in the same football parlay. If each selection wins you’ll get the payouts shown to the left. If any one or more selections lose your entire stake is a lost. Now let me take some time to show what the payout would be if you wagered these individually and then rolled your profit forward each time.
Parlay Bets Bovada
You start with a $100 bet and wager it at -110, this is $100 to win $90.91 so if it wins you end up with $190.91. You then wager that all on the next game at -110, and this is $190.91 to win $173.55 so if it wins you now have $364.46. $100 was your stake, so your profit is $264.46. At BetOnline $100 pays $260. I calculated this by noticing their odds are listed as 13/5 and $100 has 20 parts of 5 so 5*13=$260. As you can see by offering “fixed odds” BetOnline is able to short the payout by $4.64. I’ll save showing the work behind the math, but if you were to keep rolling your $100 initial stake plus winnings forward 6 consecutive times without a loss you’d end up with $4841.27, of which $100 was your stake, and $4741.27 profit. Notice BetOnline only offers 45 to 1 on a 6-team parlay, when the actual odds are over 47.4 to 1. If you think this is small, it’s not; it adds up in a hurry.
Parlay Bet Bovada
When betting sites offer fixed parlay odds on point spreads generally the more teams you bet the worse the odds become. If you were to roll all bets forward 8-times, staking your full return each time, you’d get paid 175.45 to 1 and notice BetOnline only pays 165 to 1 on 8-team parlays. I cover some of this math in my article on football teasers in case you’re interested in how it is calculated, but for now let me state at BetOnline 6-team fixed odds parlays for football give you odds of -111.92 per team and BetOnline 8-team fixed odds parlays for football give you odds of -111.67 per team. For BetOnline parlays it’s fairly consistent and just a matter of rounding. However at sites such as Sportsbook.com and BetUs.com the payouts are even worse on higher number of teams.
How to Get Around Fixed Odds Parlays
There’s a trick you should know about. In Las Vegas, and with many online sportsbooks, fixed odds only apply to point spreads priced -110. If you were to add an alternative selection you can force the sportsbook to give you the true odds. For example an 8 team point spread parlay at BetOnline where 7 teams are -110 and one team is -115 you’ll end up with a payout of 171.8 to 1 instead of the 165 to 1 they offer if all teams were -110. You’re also more likely to win because teams priced -115 win more often than teams priced -110. The golden rule is to never select only teams priced -110 at betting sites that use fixed odds for football parlays.
Another option for parlay bettors is to just turn to sites which don’t short the payouts. Sites I know of that use true odds as opposed to fixed odds include www.bovada.lv and www.bookmaker.eu. Of course there’s another challenge parlays present. The best way to beat sports betting is to line shop for the best price. Forcing yourself to only bet in parlays, instead of straight point spread bets, limits you to using just a single betting site. Truth be told, more times than not parlays are an enemy of football bettors than they are a blessing. There are however times betting parlays does make sense.
Correlated Parlays Are Great
If a betting site allowed you to parlay yes or no for two propositions listed as “will it be rainy today?” and “willing it be cloudy today?” obviously you’d have a huge edge betting parlays instead of straight wagers. Unfortunately online betting sites block parlays for anything too heavily correlated. For example, a college football line from late last season was LSU –49 / NWST +49 with an over/under of 56. Obviously the betting sites did not allow parlays on this game because the results were too heavily correlated. However, there are times where correlations that do make sense are allowed. I recall the opening round of the January 2012 NFL playoffs had a very injured Pittsburgh Steelers team visiting the struggling offense and strong defense of the Denver Broncos. The line was Broncos +7.5 and over/under 33.5. The betting sites did allow me to parlay Denver and the under, which in my opinion was correlated for the reason I thought if Denver did cover the point spread it would most likely be by a low total. This wager didn’t work out as the game turned into a shoot out (go figure eh?) but I’m sure you see the point that betting parlays when there is a correlation does make sense.
Using Parlays for Bonuses
Bookmaker.eu offers a decent free play sign up bonus and then also offers 20% reload bonuses for deposits made on Tuesdays and Wednesdays. These bonuses are issued as free play credits, and it makes great sense to always use these on parlays. The reason is when you bet say $100 cash at +$100 and win you get back $200 (your stake + win). When you bet using free plays you only get back $100. This is because your $100 staked was a free play; it’s now used up and all you get is your return because win or lose that free play is gone. When you instead use Bookmaker free plays as parlays you’re getting to recycle this stake multiple times.
Circumventing Betting Limits
The final good use for parlays is to circumvent betting limits. For example, if you’re wagering with www.bovada.lv and they have a $1000 max bet on a football point spreads (the same they often do) but this bet has such large expected value you want to get a lot of action down on it. You could then bet more by adding this selection to various 2-team parlays. Perhaps you make one bet straight, and also make a $1000 parlay on the moneyline of the largest favorite on the board plus this team.
Final Thoughts
Parlays are mostly lottery type gambles for recreational bettors, but when used on correlated outcomes, or to increase free play value, or to circumvent betting limits they can be smart plays. In most all other cases you’re far better off betting straight using a football betting system over adding the selection to the parlay. However, if you’re just looking to gamble, be reminded to avoid fixed odds by either adding a team priced something other than -110 to your betting ticket, or by using betting websites with favorable parlay odds. Popular US friendly betting site www.bovada.lv is a great choice for casual gamblers looking to wager football parlays.
How To Win Parlay Bets
Editor’s note: This article provided a decent introduction on “what is a parlay bet” and some basic strategy. If you’re interested in taking your game to the next level, read our page on football betting strategy where many articles to advanced topics are linked.