Dec 16, 2020 The parlay odds for 2 teams usually pay out 13/5. That means a successful $25 parlay pays out $65. Here's the question: what would happen if we were doing the equivalent of a parlay bet in single bets? Imagine we bet $25 at -110 on the first team. 2 Team Parlay Payouts - Betting Parlays Explained Payouts on a 2 team parlay are standard throughout the industry at 13/5. Sportsbooks will pay $2.64 for every $1.00 wagered.
Bet Amount
- $100
- $200
- $500
- $1000
- Big Game Special
- Chiefs @ Bucs
- NJ/PA/IN/TN/CO/WV/MI
What Does A Two Team Parlay Payout
- Boosted from +333
- Chiefs @ Bucs
- PA/NJ/CO
- 2 per week
- Paid in Free Bet
- Available in CO
- Chiefs @ Bucs
- Super Bowl
- NJ/IL/IN/IA/CO
- Boosted From +200
- Super Bowl LV
- NJ/PA/CO/IN/WV/TN
- Boosted From +1100
- Chiefs @ Bucs
- IL/NJ/WV/IN/CO/TN/IA
- Super Bowl Special
- Plus Signup Bonus
- PA/IN/IL/CO/MI
- Free $30
- NCAA Football
- NJ/IN/PA
What is a Parlay?
A parlay is a bet that combines two or more picks for a larger payout than normal wagers at U.S. sportsbooks. All picks in a single parlay must cover in order to win the parlay bet. Covering five of six games in a six-team parlay counts the same as losing six of six games. Put simply, a parlay requires perfection.
With more risk comes more reward. Two-team parlays (or two-teamers) typically pay 2.6-to-1 and three-team parlays pay 6-to-1. You can add more picks for larger payouts. The payouts above are based on normal-juiced spreads (-110). However, not all spreads are juiced -110. For example, sometimes you will find a side or total -/+105 or -/+120, making parlay calculations a little more difficult. (Learn how to read lines here.)
Moreover, payouts are different when you parlay moneylines, which are particularly common when it comes to betting on the MLB, NHL, and MMA.
For example, look at this hypothetical $10 MLB parlay:
- New York Yankees -210
- Boston Red Sox -165
- Over 8 -120 (Washington Nationals vs. Atlanta Braves)
Enter the price of each pick above (-210, -165 & -120) into the parlay calculator along with the wager size. If you entered everything correctly the payout should read $33.46. The heavy favorites in the parlay decrease the size of the payout.
Now look at this $10 parlay of NFL underdogs:
- Philadelphia Eagles +180
- Indianapolis Colts +250
- New York Giants +365
Again, enter the parlay prices and the wager amount. This time the payout is $445.7 since the parlay consists of big underdogs.
Keep in mind, most sportsbooks do not allow correlated parlays. So you would not be able to parlay the Eagles moneyline and the Eagles spread together, since the Eagles covering the spread increases the odds of the Eagles winning the moneyline. You can often parlay an over/under bet with a spread or moneyline bet from the same game, but there are occasional restrictions depending on the numbers.
The parlay calculator, along with other sports betting tools for NFL, MLB, NBA & more, will help serious and recreational sports bettors alike save time and money as they navigate legal US sportsbooks.
- $100
- $200
- $500
- $1000
- Big Game Special
- Chiefs @ Bucs
- NJ/PA/IN/TN/CO/WV/MI
What Does A Two Team Parlay Payout
- Boosted from +333
- Chiefs @ Bucs
- PA/NJ/CO
- 2 per week
- Paid in Free Bet
- Available in CO
- Chiefs @ Bucs
- Super Bowl
- NJ/IL/IN/IA/CO
- Boosted From +200
- Super Bowl LV
- NJ/PA/CO/IN/WV/TN
- Boosted From +1100
- Chiefs @ Bucs
- IL/NJ/WV/IN/CO/TN/IA
- Super Bowl Special
- Plus Signup Bonus
- PA/IN/IL/CO/MI
- Free $30
- NCAA Football
- NJ/IN/PA
What is a Parlay?
A parlay is a bet that combines two or more picks for a larger payout than normal wagers at U.S. sportsbooks. All picks in a single parlay must cover in order to win the parlay bet. Covering five of six games in a six-team parlay counts the same as losing six of six games. Put simply, a parlay requires perfection.
With more risk comes more reward. Two-team parlays (or two-teamers) typically pay 2.6-to-1 and three-team parlays pay 6-to-1. You can add more picks for larger payouts. The payouts above are based on normal-juiced spreads (-110). However, not all spreads are juiced -110. For example, sometimes you will find a side or total -/+105 or -/+120, making parlay calculations a little more difficult. (Learn how to read lines here.)
Moreover, payouts are different when you parlay moneylines, which are particularly common when it comes to betting on the MLB, NHL, and MMA.
For example, look at this hypothetical $10 MLB parlay:
- New York Yankees -210
- Boston Red Sox -165
- Over 8 -120 (Washington Nationals vs. Atlanta Braves)
Enter the price of each pick above (-210, -165 & -120) into the parlay calculator along with the wager size. If you entered everything correctly the payout should read $33.46. The heavy favorites in the parlay decrease the size of the payout.
Now look at this $10 parlay of NFL underdogs:
- Philadelphia Eagles +180
- Indianapolis Colts +250
- New York Giants +365
Again, enter the parlay prices and the wager amount. This time the payout is $445.7 since the parlay consists of big underdogs.
Keep in mind, most sportsbooks do not allow correlated parlays. So you would not be able to parlay the Eagles moneyline and the Eagles spread together, since the Eagles covering the spread increases the odds of the Eagles winning the moneyline. You can often parlay an over/under bet with a spread or moneyline bet from the same game, but there are occasional restrictions depending on the numbers.
The parlay calculator, along with other sports betting tools for NFL, MLB, NBA & more, will help serious and recreational sports bettors alike save time and money as they navigate legal US sportsbooks.
Two Team Parlay Odds
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.
10 Team Parlay Payout
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).
