Check out 3 Pick Parlay Explicit by Neebs Malawi, B Smoove, and Guru on Amazon Music. Stream ad-free or purchase CD's and MP3s now on Parlay betting is one of the ways that bettors can make that dream a reality. While not easy to hit, the returns can be outstanding. As such, parlay betting is extremely popular, especially with recreational bettors and those looking to build bankroll. A parlay bet is a wager that includes multiple wagers on a single ticket. Play Pick’em Fantasy Sport games with CBS Sports and win cash prizes. Play against your friends and or compete for prizes in various formats and game modes. Expert Handicappers with the Best Premium Picks. Looking for the best sports picks on the planet? Then you’ve come to the right place! Picks and Parlays gives you the best premium picks on the web, with all the winners you need to be a successful sports bettor. NBA Picks & Predictions. For almost a decade, Picks and Parlays has dominated the hardwood, with the winningest NBA picks. If you’re looking to soar above the rim, we are your best source for analysis, insight, information and previews, including daily expert picks for every game in the NBA and NBA Predictions like no other.

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Oct 6, 2019; East Rutherford, NJ, USA; Minnesota Vikings quarterback Kirk Cousins (8) throws a pass against the New York Giants during the first half at MetLife Stadium.

Early in the 2020 NFL schedule, a number of surprising teams are emerging. The 2-0 Chicago Bears (+3) look to keep their positive momentum going against the 0-2 Atlanta Falcons on Sunday in a battle between teams seemingly going in opposite directions. The Los Angeles Rams and Buffalo Bills (-2.5) are off to strong starts, making for difficult NFL picks on Sunday. Play live blackjack online. In addition, the Las Vegas Raiders (+5) put their 2-0 record on the line against the New England Patriots in a classic matchup that could be part of many NFL parlays.

What Is A 3 Pick Parlay

To top off a jam-packed slate, arguably the NFL's game of the year awaits on Monday Night Football between the Kansas City Chiefs and Baltimore Ravens. Which NFL bets should you make in a jam-packed week? Before you make any Week 3 NFL predictions and picks, see the NFL best bets from legendary handicapper Hammerin' Hank Goldberg over at SportsLine.

A beloved national treasure, Hammer enters Week 3 on a major heater: Over the final 10 weeks of last season and through two weeks of this season, he is 26-10 on his NFL best bets, a 72.2 percent cash rate.

What is a 3 pick parlay

This is the same handicapper who enjoyed 15 winning seasons in his 17-year ESPN run. In 2017, Hammer competed against 10 top handicappers in the Las Vegas Review-Journal's NFL Challenge and beat them all, finishing 50-29-6 on NFL picks against the spread.

Now, Hammer has locked in three NFL best bets for Week 3. If you parlay them, you could be looking at a 6-1 payout. You can only see them here.

Top Week 3 NFL expert picks

3 pick parlay payout

Goldberg says the host Cardinals (-5.5) will dismantle the winless Lions and cover the spread. The Cardinals are getting it done on both sides of the ball this season, highlighting optimism for the present and future. Kyler Murray is completing 67 percent of his passes as a sophomore quarterback, with the Heisman Trophy winner also leading the NFL with 7.5 yards per carry as a runner. He is flanked by wide receiver DeAndre Hopkins, who leads the NFL with 22 catches through two weeks, while Kenyan Drake is among the top 15 rushers in the league.

Defensively, the Cardinals have a notable trio of standouts, with Chandler Jones anchoring the pass rush, Budda Baker making plays from the safety position and Patrick Peterson locking down the opposition at cornerback. To this point, the Cardinals are seventh in the NFL in total defense, allowing only 341 yards per game and rank eighth in passing defense, holding opponents to less than 225 yards per contest.

Arizona has also done its best work in stopping opponents on third down and keeping them out of the end zone. The Cardinals rank first in the league on third down, allowing only a 26.1 percent conversion rate, and Arizona ranks second in allowing only 17.5 points per game this season.

How to make Week 3 NFL parlays

Hammer, who has inside sources throughout the league, also jumped on Bears vs. Falcons and Chiefs vs. Ravens, the Monday Night Football showdown to determine AFC supremacy. In one of those games, Hammer sees a complete mismatch, creating a spread that's way off. You can only see his best bets at SportsLine.

What are Hammer's top Week 3 NFL expert picks? Which side of Bears vs. Falcons and Chiefs vs. Ravens do you need to jump on? Visit SportsLine now to see Hammerin' Hank Goldberg's Week 3 NFL best bets, all from the legendary handicapper who's on a 26-10 heater.

A parlay, accumulator (or acca), combo bet or multi is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay is that there are much higher payoffs than placing each individual bet separately, since the difficulty of hitting all of them is much higher. If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or 'pushes', the parlay reverts to a lower number of teams with the odds reducing accordingly.

Odds and payout[edit]

Parlay bets are paid out at odds higher than the typical single game bet, but still below the 'true' odds. For instance, a common 2-team NFL parlay based entirely on the spread generally has a payout of 2.6:1.[citation needed] In reality however, if one assumes that each single game bet is 50/50, the true payout should instead be 3:1 (10% expected value for the house). A house may average 20-30% profit on spread parlays compared to perhaps 4.5% profit on individual sports mix parlay bets.

Aside from 'spread' parlays, another way to parlay is to bet on two or more teams simply winning straight up. In order to calculate the payout of this parlay, one must multiply out the payout for all games. For example, if 3 teams are -385 favorites, a successful parlay on all 3 teams winning would pay out at a ratio of approximately 1/1. This is because (385/485)^3 is approximately 50%.


Typical payouts for up to 10 team parlay bet[edit]

The following is an example of a traditional Las Vegas Parlay Card at William Hill Sports Book, which shows the typical payouts for an up to 10 team parlay bet based on -1.10 prices (amount won is assuming $100 is bet)[citation needed]:

NumberOddsAmount wonPayout
2 Team Parlay2.6 to 1$260$360
3 Team Parlay6 to 1$600$700
4 Team Parlay11 to 1$1,100$1,200
5 Team Parlay22 to 1$2,200$2,300
6 Team Parlay45 to 1$4,500$4,600
7 Team Parlay90 to 1$9,000$9,100
8 Team Parlay180 to 1$18,000$18,100
9 Team Parlay360 to 1$36,000$36,100
10 Team Parlay720 to 1$72,000$72,100

3 Pick Parlay Odds

Profitability of parlays in sports betting[edit]

Many gamblers have mixed feelings as to whether or not parlays are a wise play. The best way to analyze if they are profitable in the long term is by calculating the expected value. The formula for expected value is: E[X] = x1p1 + x2p2 + x3p3…xkpk . Since the probability of all possible events will add up to 1 this can also be looked at as the weighted average of the event. The table below represents odds.[citation needed]

Column 1 = number of individual bets in the parlay

Column 2 = correct odds of winning with 50% chance of winning each individual bet

Column 3 = odds payout of parlay at the sportsbook

Column 4 = correct odds of winning parlay with 55% chance of winning each individual bet

Number of individual betsCorrect odds at 50%Odds payout at sportsbookCorrect odds of winning parlay at 55%
23 to 12.6 to 12.3 to 1
37 to 16 to 15.0 to 1
415 to 112 to 19.9 to 1
531 to 124 to 118.9 to 1
663 to 148 to 135.1 to 1
7127 to 192 to 164.7 to 1
8255 to 1176 to 1118.4 to 1
9511 to 1337 to 1216.1 to 1
101,023 to 1645 to 1393.8 to 1
112,047 to 11,233 to 1716.8 to 1

3 Pick Parlay Payout

The table illustrates that if a 55% chance of winning each individual bet were achievable, parlays would be profitable in the long term. Compare the expected value you receive on an individual bet at a typical price of -110 with a 55% chance of winning: ((100/110+1)*.55)-1 = .05 (exactly 5 cents won for every dollar bet on average), multiplied by 11 = .55, to the expected return on the 11 game parlay ((1234/717.8)-1) = .719 (72 cents won for every dollar bet on average). In this case a parlay has a much higher expected value than individual bets with greatly increased variance in outcomes.

See also[edit]

3 Pick Parlay Payout

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