A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected.
In order for the parlay bet to win, every one of the wagers must win or push (tie). If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number. For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet.
The resulting wager will have the same risk amount with the win being calculated to reflect the odds of the remaining team (Example: On a two team $100 parlay with team A +110 and team B -110 if A ties and B wins the resulting wager will be a straight play on B risking $100 to win $91).
A teaser is a type of bet that allows you to combine your bets on two or more different games. You can adjust the point spreads for those games from 4 to 5 points in Basketball and from 6 to 7 points in Football.
Teaser Payout Table:
Let’s assume you decide to place a three team, six point teaser, for a stake of $50. You select the Kansas City Chiefs, the Dallas Cowboys, and the Atlanta Falcons on the spread. You would need the following three results to win this teaser. Kansas City Chiefs to win, or lose by nine points or less.
The Football and Basketball Teaser and Parlay Cards offer you the opportunity to place teasers and parlays on a combination of College and Professional games of the same sport. They do not give the option of buying points on spreads or totals.
The 3 team 10 point teaser (7 points in basketball) is a special type of teaser, also called a 'sweetheart teaser'. Best poker sites.
Because of the extra advantage given in a greater number of points at -120 (10/12) odds, a tie (push) in this type of teaser will result in the wager being graded as a loss. If a selection has no-action due to postponement or cancelation, the whole sweetheart teaser will have no-action.