These fun, but risky bets are hard to win, so they often assist sportsbook services and bookies with lining their coffers. Because parlay bets are entertaining, many sports betting fans choose to try their luck, regardless of the odds.
If you’re interested in NBA basketball parlays, but you’re not quite sure how this type of betting works, you’ve come to the right place. We have the vital information that you need. Now, let’s look at what parlays have to offer, along with their benefits and drawbacks.
What are Parlay Bets in NBA Basketball?
With parlays, you’re not just betting on a single game. You’ll need to choose five or ten games in order to win, although you may be able to find parlays which are correlated. These correlated wager types will allow you to bet on a 2-teamer for the same game side/total. Correlated parlay bets will probably be easier to win, although there are never any guarantees.
When you choose a parlay, you’ll need to pick two games (or more) against the point spread. Every pick will need to be a winner, or you’ll lose out. A tie will bring your parlay down to one lesser match. If you go for a two-teamer bet with one tie, it will move your bet down to a single-action, straight wager. If your sports book calls a tie a loss in terms of parlay rules, it’s best to find a new bookie.
Here is a payout chart which will assist you in finding the right sports book betting service for this type of wager. Because it is possible to bet a small amount of cash and then enjoy a big payout, these wagers have potential. However, it is very safe to say that the odds will not be in your favor. For this reason, you’re almost always better off choosing straight bets, rather than trying to choose a bunch of winners.
  Parlay Odds Chart   
No of teams
Parlay Payoff
1 to 1
2.6 to 1
6 to 1
10 to 1
20 to 1
40 to 1
75 to 1
100 to 1
150 to 1
300 to 1
450 to 1
600 to 1
750 to 1
900 to 1
1500 to 1
Another type of betting is progressive parlay betting. These types of bets are par bets which permit betters to have a few losers in their wagers and still win a bit of money.

 Filed under: Sportsbook, NBA