2 Team Parlay
DraftKings announced via Twitter that a bettor hit a smooth $24,707.07 on a $2 parlay. If that isn’t wild enough, it was the player’s first-ever bet with the sportsbook too.
The most incredible part of the nine-team parlay that jacked up the odds were the bettor’s predictions on the Saints, Lions, Vikings, and Browns all to win by 1-6 points. Following those bets were a few prop bets mixed in that consisted of Aaron Rodgers to throw for more than 2.5 touchdowns, Drew Lock throwing over 1.5 touchdowns, and Derek Carr to throw for over 259.5 total passing yards which he has done just once in his previous five games.
Winning both bets will get you about $28 in profit, but combining both bets into a $50 two-team NBA parlay will get you more than double that, paying $69.46 plus your $50 bet back. MLB parlays Like the NBA, with multiple games on most days and nights throughout the season, MLB parlays are quite popular as well. You make a two team parlay on Pittsburgh and Oakland. If Pittsburgh and Oakland cover the spread, you win the parlay. A 2-team parlay generally pays 2.6/1. So if you made a $10 parlay on Pittsburgh and Oakland, you would win $26 if both of them covered. Of course, you would also get your bet amount returned if you won. In Team #1 I enter -110, Team #2 -110, Team #3 -120 and Team #4 -115. Leave the rest at 0. Then in the wager amount enter 100. Once you hit calculate the payout should display 1149.21. This means that your $100 4-team parlay on those teams should earn you $1,149.21 when it hits! Parlay Payouts & House Edge Depending on Number of Games.
$2 ➡ $24,767.07
AND
It was the bettor's FIRST bet 🤯 pic.twitter.com/qJrRliZXwE
— DraftKings Sportsbook (@DKSportsbook) December 7, 2020
Every single gambler out there is looking at this parlay thinking “why not me?” Here I am just begging to break my recent 0-5 streak and this guy just comes waltzing into a new sportsbook account and walks away with $24k and change.
The truth is, nobody can predict something as wild as this and it’s the reason it is the headline story that it is now. I would love to ask this person whether or not they actually watched every one of their bets closely or just happened to check their account at the end of football Sunday and see an extra $24,000 in their account. I would like to think that covered the beers and chicken wing bill at whatever bar this bettor was watching the games at.
Good for them though right? It is like a beginner golfer making a hole in one during his first-ever golf round, you have to be happy for them, yet you are so mad it wasn’t you.
Using the Parlay Calculator for How Much Does a Number of Teams Pay
Our free parlay calculator above will help you figure out the payouts you should be receiving once you enter the odds on each one of your bets. Using the parlay calculator is extremely easy.
All you have to do is type in the money lines for each one of your wagers (most spread bets will be -110) and then enter the amount you want to bet on the parlay. Once you hit Calculate the payout field will populate with how much you are going to win if every leg of your parlay hits.
For example. Let’s say you want to be a $100 4-team parlay on the Packers -7 -110, Patriots -8 -110, Steelers +3 -120, and the Lions +3 -115. In Team #1 I enter -110, Team #2 -110, Team #3 -120 and Team #4 -115. Leave the rest at 0. Then in the wager amount enter 100.
Once you hit calculate the payout should display 1149.21. This means that your $100 4-team parlay on those teams should earn you $1,149.21 when it hits!
Parlay Payouts & House Edge Depending on Number of Games
| # of Teams | Actual Odds | Las Vegas Payout | Online Payout |
|---|---|---|---|
| 2 | 3/1 | 2.6/1 | 13/5 |
| 3 | 7/1 | 6/1 | 6/1 |
| 4 | 15/1 | 10/1 | 12.28/1 |
| 5 | 31/1 | 20/1 | 24.35/1 |
| 6 | 63/1 | 40/1 | 47.41/1 |
| 7 | 127/1 | 75/1 | 91.42/1 |
| 8 | 255/1 | 150/1 | 175.44/1 |
| 9 | 511/1 | 300/1 | 335.85/1 |
| 10 | 1027/1 | 700/1 | 642.08/1 |
What is a Parlay?
A parlay is a single bet that links together multiple events for a higher payout. The more teams that you tie together the higher your payout is going to be, but the risk also grows since if just one of your legs loses, the bet is a loser. It doesn’t matter what happens in the other games.
2 Team Parlay Payouts Chart
If one leg of your parlay ties, pushes, is cancelled due to postponement, cancellation, rescheduling, then the wager reverts to the next lowest number. For example a 3-team parlay with a push gets graded as a 2-team parlay with the other two legs.