Forget about the 3-1 and even discard the idea of 2-1 parlay payouts. Parlaying point spreads is a no-no, but that doesn't mean you should throw seven (-300) betting favorites in a parlay to get comparable value. That's a good-looking apple, but you know better. Picking three correct point spreads at (-110) each pays out at 6-1. The conscious mind eyes a big payday, while the subconscious imagines catching the dragon of thrill and suspense. When bettors parlay multiple point spreads together, the potential payouts soar. Moneyline Parlay Betting Strategies Forget About Big Payouts Get sports picks for every league and nearly every matchup on Doc’s free picks page.

It is just one strategy we can use to profit on moneyline parlays. Keep your parlays to two, maybe three legs, and no more. The answer is somewhere between two and three. When does a parlay go from a potentially valuable bet to a lottery ticket? These bets are generally a lot of fun, until they aren’t.ĭoc's Sports does not promote or endorse parlay betting, but there is value to be had, in some instances, when parlaying two or three moneyline bets together. All the selections must win for the bet to cash. By definition, there is no point spread or point total involved.Ī parlay is a wager type in which two or more bets are linked together to create one bet with a higher payout. A moneyline bet is simply a straight bet placed on the winner of a game or competition.

3 way moneyline parlay