Step-by-Step Guide to Placing a Parlay
- Select Your Legs: Navigate to your chosen sport and click on the odds for the individual outcomes you want to include. Each selection is known as a "leg".
- Access the Bet Slip: As you select multiple bets, they will automatically populate your digital bet slip, usually located on the right side or bottom of your screen.
- Choose the "Parlay" Option: Look for a specific tab or section in the bet slip labeled "Parlay," "Accumulator," or "Multiple". Most apps will automatically show the combined parlay odds once you have at least two eligible picks.
- Enter Your Stake: Type the amount you wish to wager in the parlay box. The app will immediately calculate and display your potential payout based on the multiplied odds.
- Confirm and Place: Review your selections to ensure there are no conflicting bets (e.g., betting on both teams to win the same game). Once satisfied, tap the "Place Bet" button to lock it in.
Key Parlay Rules to Remember
- All or Nothing: For a parlay to win, every single leg on the ticket must be correct. If even one leg loses, the entire wager is lost.
- Multiplied Odds: The potential payout is much higher than individual bets because the odds of each leg are multiplied together, compounding your potential return.
- Pushes: If one leg of your parlay ends in a "push" (a tie), that leg is typically removed from the parlay. The bet remains active, but the odds are recalculated as if that leg never existed (e.g., a 4-leg parlay becomes a 3-leg parlay).
- Correlated Bets: Sportsbooks often restrict certain combinations, like betting on a team to win the game and that same team to cover the spread, unless you are using a specific Same-Game Parlay (SGP) feature.