The most common types of parlays are built using straightforward lines. These can be over/unders, moneylines, or spread bets, and they can come from a variety of sports. For example, you can bet an NFL over/under, an NBA spread, and an MLB moneyline all in the same parlay. The otakparlay overall odds for each bet will ultimately determine the payout.
As always, you need to win each individual wager in order for your parlay to be a winner. The only exception would be if you push on one of the legs.
Let’s go back to our hypothetical example. Let’s say the NFL over/under lands exactly on the total, but your NBA spread and MLB moneyline are both winners. In that situation, the NFL portion of your wager would be removed from the equation and your parlay would drop from three teams to two.
There are other types of combination bets that can be considered a part of the parlay family.
Teasers
Teasers are reserved for NFL and NBA betting because they relate specifically to point spreads and totals. You also can’t mix-and-match with teasers the same way you can with traditional parlays: all bets for each teaser are focused either on football or basketball. Teasers work by assigning extra points to each spread or over/under. Let’s look at an example.
Let’s say that you like three different bets for a specific NFL Sunday: Kansas City -7, Green Bay -3, and Miami/Buffalo over 42.5. If you bet those three outcomes in a parlay, you would get approximately +600 odds on that wager. That said, if just one bet fails to cover, you lose your entire parlay.
If you’re looking for a little more safety, a teaser allows you to adjust the spreads in your favor for each of those individual bets. A seven-point teaser would leave you with Kansas City pk, Green Bay +4, and Miami/Buffalo over 35.5. This is clearly a much easier bet to win than our original example.
But of course, all of those points are going to cost you. Instead of the traditional +600 payout on a three-team parlay, a three-team seven-point teaser drops the odds down to +150.
Just like parlays, your potential payout increases with each wager you add to your teaser bet. Teaser betting can definitely result in profitability, but there are some clear dos and don’ts to keep in mind.
Feb 28, 2020; Raleigh, North Carolina, USA; Colorado Avalanche center Nathan MacKinnon (29) skates with the puck against the Carolina Hurricanes at PNC Arena. Colorado won 3-2. Mandatory Credit: James Guillory-USA TODAY Sports
Pleasers
Pleasers aren’t a very popular form of betting because they’re among the hardest bets to win. In fact, it wouldn’t be a huge surprise if your sportsbook doesn’t even offer them. If they are available at your sportsbook, a pleaser works in the exact opposite way of a teaser.
In our teaser example, we were able to drop the spreads from Kansas City -7 to Kansas City pk, Green Bay -3 to Green Bay +4, and Miami/Buffalo over 42.5 to over 35.5. In a seven-point pleaser, those spreads would actually adjust by seven points in the other direction, leaving us with Kansas City -14, Green Bay -10, and Miami/Buffalo over 49.5. Like I said, these are tough bets to win.
Site Title 