Half Point Parlay

Before we go any further, we need to explain what a parlay is fully.

  • Aug 16, 2018 Example: a spread of -5 (-110) with a half-point bought will now be (-120) or a full point (-130) with a 10 percent price. At a 25 percent premium, that same -5 (-110) will now be (-135) at half a point bought.
  • Half-Point card The Half-Point parlay card is the most popular type of card in Las Vegas, and will offer payoffs ranging from 6.1 for 1 on a 3-selection parlay to 2,500for 1 on a 12-selection parlay. All point spreads use half points, eliminating the possibility of a tie.
  • College Basketball 1st Half Correlated Parlay. Look for large spread to small total ratios. Example: 25% correlation means 15 point spread to 60 point total (15/60 = 0.25). Bet 2 first half parlays: 1) Favorite and Over, 2) Underdog and Under. These are rare occurrences. Many sportsbooks prohibit correlated parlay betting. Parlay Bet History.

A parlay bet is a common way for sports bettors to increase their odds and payoffs. Instead of making multiple, single bets, a parlay bet combines 2 or more bets into one bet. Each bet within the parlay must win in order for the parlay to win. If any bet within the parlay loses, the bet loses. The more teams put into a parlay bet, the higher. A parlay bet is one of the most popular forms of sports betting. What's great about parlays is that sports bettors can bet on two or more point spreads, OVER/UNDERs or Moneyline Bets, earning a higher payout if all of their picks win as opposed to making a single bet on each one individually. What Is A Parlay Bet?

Half Point Parlay Card

By definition, a parlay is a group of multiple individual bets (two or more) that are connected together and treated as one big wager.

Half Point Parlay Cards

In order to win the entire bet, you have to win each of the individual bets on your parlay. If you lose one individual bet, then you lose the entire parlay bet.

Half Point Parlay
Why would you ever want to group bets together and force them to be dependent on each other?

The reason is that the sportsbook will pay you out much more money for correctly picking multiple individual bets together.There is more risk in this type of bet so it should be expected that we are offered a higher reward for making this wager.

Let’s compare betting three games individually versus betting them as a parlay.

Let’s assume that each game is -110 moneyline odds.

Let’s also assume that our bankroll for these three games is $300. We’re going to look at the scenarios if we picked all three games correctly and if we only picked two of the games correctly.

Half Point Parlay Card Delaware

If we bet the games individually, we would bet $100 per game.

GameBet AmountOddsOutcomeProfit/Loss
Game 1$100-110Win$90.91
Game 2$100-110Win$90.91
Game 3$100-110Win$90.91

Delaware Lottery Half Point Parlay Card

Our total profit would be $272.73 if we bet all three of these games individually.
Half point parlay delaware

Now, what would happen if we picked all three games as a parlay bet? This time, we would place a single bet of $300. We will go over how to calculate parlay payouts in the section below here, but for now, we have done the calculations for you.

The profit on this bet as a parlay would be $1787.40! Even if we only bet $100 total, we would see a profit of $595.80. As you can see, you can bet 1/3 of the amount you bet total in the individual games and still make more than double what you would betting the games individually.

At this point, a lot of people are wondering why you would ever bet anything but parlays. You can bet less and make so much more! Well, as you are probably guessing, there is more to the story.

Let’s look at what happens in our same example, except this time we only pick two out of the three games correctly. We bet the same games again for $100 each individually, and we are correct on two out of the three games.

GameBet AmountOddsOutcomeProfit/Loss
Game 1$100-110Win$90.91
Game 2$100-110Win$90.91
Game 3$100-110Loss($100.00)

If we bet all three of the games as a parlay for $300 (or $100), our profit is negative $300 or negative $100. If you get even one game wrong in a parlay, you lose the entire bet. You’ve now seen the downside to parlays.

You have to be perfect to cash in, or you lose.

Half Point Parlay Card Payouts

Even if you only get one game correct betting them individually, you’re only going to lose $109. If you bet the same $300 on a parlay, though, you lose the entire $300. The risk is higher for parlays, but the associated reward is also higher.