20 Team Parlay Odds
Best Parlay Odds
It’s always important to get good odds and prices no matter what type of bettor you are. But let’s keep things in perspective when talking parlay odds. Getting better payout odds on your 15 team parlay is like getting your powerball ticket at 25% off. Sure, you were a little smarter in both scenarios, but Warren Buffett isn’t about to send you an invitation to be an intern.
The majority of smart parlay bettors will bet small combinations. A two, three and sometimes four team parlay is usually preferred. There are three main reasons for this, followed by our list of sportsbooks with the best parlay odds.
(No. 1) You lose the ability to line shop. If one of your betting sites is offering a great line on game A and the other has a juicy line in game B, the only thing you can do is straight bet each of them. The more legs in your parlay, the more likely you will have poor odds since you must fill the parlay with odds from a single sportsbook.
(No. 2) This should really be 1a because it’s also about getting, or not getting, the best line. If the Patriots line finally moves down to -2.5 but the Colts line has not yet moved as you’d hoped, you have to place the parlay now or risk losing the favorable Pats line. If you are betting a small parlay, you stand a better chance of getting the lines in range of what you want. Parlay payouts need to make up for these disadvantages in order to be successful. That’s why parlay bettors must use our payout chart or the chart from their individual sportsbook before betting.
A 10 team parlay will pay out 643 times your wager amount assuming each leg of the parlay has -110 odds. For example, if you place a $10 bet on a 10 team parlay, your pay out would be $6,430. What does a $20 two team parlay pay? The majority of smart parlay bettors will bet small combinations. A two, three and sometimes four team parlay is usually preferred. There are three main reasons for this, followed by our list of sportsbooks with the best parlay odds. 1) You lose the ability to line shop. If one of your betting sites is offering a great line on game A. To get the parlay odds for our three-leg wager we now need to multiply these odds together. 3.00 x 3.50 x 1.63 = 17.12. To discover what the American odds for this parlay would be we need to convert it back by multiplying by 100 and then subtracting 100.
(No. 3) One advantage parlay betting does have is you can forecast how one game will play out and fill two legs of a two team parlay with the spread and total, making it a correlated parlay. Correlated parlays can work to the bettor’s advantage. The most common correlated parlay is betting the underdog and the under or the favorite and the over. But beware, the more additional legs that are added to the parlay the less the advantage with the correlation.
For these reasons Predictem has focused on the most popular three parlays. If you are primarily a parlay bettor, don’t blindly join the sportsbooks that straight bettors recommend. Not all books have good parlay odds.
Parlay Odds Payout Chart
| Sportsbook | 2-team parlay | 3-team parlay | 4-team parlay | 15 Team Parlay |
|---|---|---|---|---|
| BetAnySports | 2.64/1 | 6/1 | 12.28/1 | 16307/1 |
| Betonline | 2.64/1 | 6/1 | 12.28/1 | 16307/1 |
| BetNow | 2.64/1 | 6/1 | 12.28/1 | N/A |
| Sportsbetting | 2.64/1 | 6/1 | 12.28/1 | 16307/1 |
| WagerWeb | 2.64/1 | 5.95/1 | 12.28/1 | 16331/1 |
| Bookmaker | 2.64/1 | 5.95/1 | 12.28/1 | 16307/1 |
| Bovada | 2.64/1 | 5.95/1 | 12.28/1 | n/a |
| MyBookie | 2.64/1 | 6/1 | 12/1 | n/a |
Note:
You may also hear these bets referred to as “Accumulators”. An accumulator is the same exact thing as a parlay. This is the terminology used across the pond in Europe. You may also hear the word “Parlay Card”. This term derives from the old days, back when you would grab a pre-printed card at your favorite sportsbook, circle your bets and then give it to the ticket writer at the sportsbook. Local bookies also used to operate this way as well. Lastly, you may also hear these wagers referred to as combo bets or multi bets.
Best Teasers
| 3 Team: | 6 pt Teasers | 6.5 pt Teasers | 7 pt Teasers |
|---|---|---|---|
| 1.8/1 | 1.65/1 | 1.5/1 | |
| 1.65/1 | 1.5/1 | 1.35/1 | |
| 1.6/1 | 1.5/1 | 1.35/1 |
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20 Team Parlay Odds Calculator
The Washington Redskins were terrible at football on Monday night during their loss to the Chicago Bears.
And that might have broken the heart of one bettor who had an incredible parlay that could have paid out had the Skins won.
Parlays — in which you get discounted spreads, money lines and over/unders by grouping a bunch of bets together — can pay out in big ways, as our Steven Ruiz proves week after week with his “how to turn $10 into $100” post. And in this one, the gambler nailed 19 OF 20 PICKS! All he needed was the Redskins to win outright, which was a daunting task considering how good the Bears’ defense was. But maybe Washington — who kept a game close against the Eagles in Week 1 — could pull out a miracle on Monday night if Mitchell Trubisky struggled.
20 Team Parlay Odds Chart
Nope. Heartbreak!
And some reaction:
3 Parlays Of 2 Teams
Just brutal.