The more selections added to your NFL parlay, the greater the potential payout and the greater the risk.Ī single bet on the spread or total typically carries odds of -110 (win $1 for every $1.10 wagered) with an implied probability of 52.38 percent. How does football parlay betting work?Ī football parlay bet requires two or more picks and allows the bettor to place a single wager on those selections.įor the overall parlay bet to win, all the picks involved must win – and that’s where the risk lies. Parlay betting NFL odds is riskier than single wagers, but while some consider them sucker bets, there is some NFL parlay betting strategy and tips to follow to help cash in those accumulators. The challenge is that each of those parlay picks must be correct for the parlay to be a winner, and just one wrong selection will blow up your parlay bet. Parlay betting requires multiple bets to be strung together under one wager with the promise of a sizable payout. NFL parlay betting is a guilty pleasure for football fans each Sunday, with bettors trying to win a lot by risking a little.

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