Parlay On Fanduel
I'm sure we've all been in a situation before where we stare at the list of games and think to ourselves -- if only I could hit a nice 10-team parlay. Now, depending on the odds of the games you selected, or the amount of money actually wagered on the parlay, this bet won't necessarily make you rich, but it could offer up a very nice four- or five-digit return. The problem with hitting a parlay that size is that it's damn near impossible to do. Most experienced bettors refrain from ever making parlay bets. Thankfully, for sportsbooks, parlays will always be a staple of the betting game since there is always the potential of that one big payout every square bettor chases.
Introducing same game parlays! Now, you can combine multiple bets from one matchup or team into a single parlay to go for an even bigger win. Think your favorite team is going to dominate their next matchup? Bet on them to win, the total to go over, and their QB to throw over 3 TDs — all in one parlay. A parlay bet consists of a number of legs. A leg is defined as one or more chosen selections in any individual event market. FanDuel Sportsbook reserves the right in its sole discretion not to accept certain multiple bets or to scale back stakes. A parlay is a bet that is dependent on the combined outcomes of two or more wagers. The wagers can be a mixture of multiple bet types, including spreads, moneylines, and over/unders. A parlay only pays out if each wager within it covers. For that reason, parlays tend to have higher payouts than each wager would if placed separately. FanDuel Sportsbook offers the best odds on your favorite sports and online in-game betting year-around. Join today and claim your $500 Risk Free Bet! If you or someone you know has a gambling problem and wants help, call 1‑800‑522‑4700. Oct 21, 2020 FanDuel Parlay Calculator. Build, calculate, and analyze FanDuel sportsbook parlay bets. Placing a $100 parlay on these bets would pay $-if you were to win.
In case you are new to the industry, a parlay is a type of bet that involves two or more teams. In order for a parlay bet to be successful, each team involved must win, or cover the spread - depending on how you bet them. A parlay can also be called an accumulator or a combo bet. Parlays are the most popular bet amongst amateur bettors since it has the potential for the biggest payout.
Different Types of Parlays
A parlay can have a combination of moneyline bets , point spread wagers and even include the 'over/under' option. Some sportsbooks allow bettors to include different kinds of prop bets, half-time wagers, different sports and sometimes even futures bets .
Depending on the type or parlay you make, the payout could be minimal or significant. A lot of things go into determining the odds, but the main thing you need to know is that not all sportsbooks offer up the same odds.
Generally speaking, a two-team point spread parlay will pay about 2.5/1, while a three-team parlay pays 6/1, a four-team parlay pays 10/1 and a five-team parlay pays 20-1. Obviously, the more teams you decide to put in your parlay, the higher the odds go.
If you decided to go the parlay route with your money, you must be completely educated on the rules. Do you know what happens if one of the games in your parlay is canceled or pushes on the total or point spread? If you're reading this, I'm assuming you don't, so let me give you a better understanding.
What Happens to My Bet If My Parlay Has a Canceled Game?
Whether you are playing a point spread parlay on football Sunday, or a moneyline parlay on Tuesday's baseball card, the answer to this question remains the same; 'it depends'.
It all depends on which sportsbook you are using and what their rules are for parlays. Most sportsbooks do not punish bettors for having a canceled game on their parlay ticket. The ticket will go on as if that canceled game never existed.
For example, if you put together a five-team parlay and the fourth game on your ticket between the New York Mets and Washington Nationals gets canceled due to rain, your parlay is still live, but it just reduces to a four-team parlay and the payout is adjusted accordingly.
What Happens to My Bet if My Parlay Has a Push On it?
This is where it gets a little bit dicey, but as I said above the answer still depends on which sportsbook you use. Most sportsbooks try to avoid setting full-point point spreads such as -3 or -7 in order to be able to declare a winning and losing side. If by the off chance you can get a whole number and that game happens to fall right on that number, most sportsbooks just void that leg of the parlay and reduce the payout to the next number - which is the same procedure as above. A five-team parlay would then turn into a four-team parlay and the odds would adjust.
However, it should be noted that some sportsbooks treat pushes as losses. That means that just because you got a great number of -3 instead of -3.5, you are still needing to win by four in order to avoid losing your parlay. These parlays increase the difficulty of the wager and should be avoided at all costs.
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If you have been on FanDuel Sportsbook in New Jersey recently, you may have noticed a new parlay betting option — the Same Game Parlay.
The lure of any parlay bet is the potential for a big payout. That big payout comes at a cost, though. In this case, the cost is a parlay bet that is difficult to win.
It is not easy to pick several winning bets from different games to combine into a parlay and have them all win.
Same Game Parlays are different, though. A Same Game Parlay combines bets from, well, the same game.
The big question is whether the Same Game Parlays are a good bet. Like with most things related to sports betting in New Jersey, the answer isn’t a simple “yes” or “no.”
What is a Same Game Parlay?
Before you can decide if Same Game Parlays are something you want to try, you should understand what they are.
The Same Game Parlay links individual game outcomes into one bet. For instance, a bettor can create a parlay from one matchup that includes:
- Point spread
- Over/Under
- Half-time result
- Home team points
- QB passing yards
Because the bets are correlated, the odds are adjusted to avoid too much of an edge for the bettor.
Correlated odds are simply when the outcome of one bet impacts the outcome of another.
The Same Game Parlay is designed for the bettor with the knowledge and focused interest on one team.
And, at the very least, the Same Game Parlay will liven up any game-day watch party.
How to place a Same Game Parlay at FanDuel
FanDuel Sportsbook makes placing a Same Game Parlay bet easy.
- Find your matchup and click on the Same Game Parlay tab.
- Evaluate your options and select your bets.
- Track your bets on the “Live Bets” tab.
Are Same Game Parlays a smart bet?
Same Game Parlays sound like fun, but are they a smart bet? Well, they can be.
Same Game Parlays may give the illusion of benefiting the bettor with a lot of background on a specific team. But like all bets, if it is offered on a New Jersey sportsbook app, such as FanDuel, it is because the book believes it has an edge.
Fanduel Sportsbook Nj
This doesn’t mean an adept bettor can’t use their knowledge about a team and create a Same Game Parlay that produces a winning ticket.
Why bet on Same Game Parlays?
Fanduel Parlay Bet
If you are hoping to pay your mortgage with your winnings, then a good rule of thumb is don’t bet on Same Game Parlays.
But if you are looking for some entertainment value from a specific game, then a Same Game Parlay may be just the ticket.
There is no denying watching a game is a lot more fun with some skin in it. If you look at a Same Game Parlay as an entertainment cost instead of income, you will win either way.
Fanduel Parlay Rules
You can reduce some of the risks of a Same Game Parlay bet by looking for bonus bet and promotional opportunities. When an online sportsbook perceives it has an edge, they often encourage bettors to try their luck with promotions that can include:
- A form of insurance
- Bonus bets
- Cash back
How To Do Parlay On Fanduel
The bottom line is it comes down to doing your homework.
Studying the team that you are betting on and looking for promos will certainly help move that house advantage a little closer to your side of the ticket.