Parlay Betting

WHAT IS PARLAY BETTING?

• What is a Parlay?
  A parlay involves betting on two or more outcomes at once and combining the bets into a more involved wager with escalating returns. All bets on the parlay must win for the entire bet to be a winner. Parlay betting is available on both pre-game and live events (or a combination of both).

  
  How do I place a Parlay?

  To place a parlay, simply follow the instructions below:

  Step 1: Navigate to an event you wish to bet on and add a selection to your betslip by clicking on it.
  Step 2: Navigate to another event you wish to bet on and add another selection to your betslip by clicking on it. Repeat this process for any additional legs/selections.
  Step 3: Click into your betslip (by clicking the red banner at the bottom of your screen) and review/edit your selections.
  Step 4: If you are happy with your bet, enter your wager amount and place your bet.

  
  Parlay bet example

  Consider a bettor who makes a 3-leg parlay containing the Team X moneyline at -175 odds, the Team Y moneyline at +140 odds, and the Team Z spread at -6 with -110 odds. A $1 bet on this parlay would result in a profit of $6.20 (for a total return of $7.20 — original stake plus winnings). However, that’s assuming all three legs hit; if Team X and Team Y both win but Team Z fails to cover the 6-point spread, the parlay would not be a winner.

  
  What is the maximum amount of legs I can parlay?

  The maximum amount of legs allowed in parlays is 20. You will not be able to enter any more legs once you reach this amount.

  
  Can I place a parlay using live events?

  Yes, we have live parlays available. Simply visit the 'Live' page and add the desired markets to your bet slip to create a parlay as you would with pre-match markets.

  
  What markets are not allowed to be placed in a parlay?

  The below are scenarios or markets that are not allowed to be placed in a parlay.

  • Correlated Parlays (I.e. – Ravens to win a game and Ravens to win the NFL Championship)
  • Booster Odds Markets
  • Name A Bet Markets

  Want to create a parlay with several markets from the same event? Check out Same Game Parlay tab.

  
  Why am I getting an error message saying 'parlay exceeds maximum odds'?

  When you receive this error message it means the odds on your parlay have exceeded the maximum odds we would accept (+500000). You will need to subtract a leg(s) of the parlay in order to get under this maximum and have the bet go through.

• What is a Quick Parlay?
  A Quick Parlay is the fastest way to build a traditional fixed-odds parlay across all your favorite sports. Navigate easily across all available games and leagues to start building your bet slip!

  
  How do I place a Quick Parlay?

  To place a quick parlay, simply follow the instructions below:

  Step 1: Navigate to the Quick Parlay tab in the left-hand side menu.
  Step 2: explore all available fixed-odds bets across NFL, MLB, NHL and more.
  Step 3: Start adding legs to your betslip.
  Step 4: When you're happy with your bet, review your betslip.
  Step 5: Add your wager amount and place your bet.
  
  

  PRO TIP: Select the 'Profit Boost' icon to use your daily Parlay Profit Boost and supercharge your odds (increasing your profits) – eligible clients' tokens will reset every 24 hours. Daily profit boosters do not rollover, so use yours once a day, every day!

• What is a Same Game Parlay?
  Same Game Parlays (SGP) are a type of bet that allows you to combine numerous outcomes (or legs) from the same event. All legs must then be successful for the SGP to be a winner.

  
  Which sports can I place a Same Game Parlay on?

  SGPs are available on all NBA, NCAAB, MLB, ARL & NRL games (with more league options on the way!) SGPs are available in both pre-game and in-play matches.

  
  How do I place a Same Game Parlay?

  To place a same game parlay, simply follow the instructions below:

  Step 1: Navigate to the sport > league > event you are interested in betting on.
  Step 2: Select the 'Same Game Parlay' option in the middle of the top navigation menu.
  Step 3: Locate the markets you wish to include and click on them to start creating your SGP.
  Step 4: Once you are happy with your added legs, review your betslip and enter your wager amount.
  Step 5: Click the Place Bet button and confirm your bet.
  
  PRO TIP: Select the 'Profit Boost' icon to use your daily SGP Profit Boost and supercharge your odds (increasing your profits) – eligible clients' tokens will reset every 24 hours. Daily profit boosters do not rollover, so use yours once a day, every day!
  
  Can bonus bets, boosters, and/or PayBacks be used with Same Game Parlay bets?
  Yes, you can now use Bonus Bets and PayBacks when placing Same Gmae Parlay bets. However, please note that SGM Combos cannot be boosted at this time.
  

Need more help? Get in touch.

Call: 1-833-441-1940

Live Chat: Scroll to the bottom of your PointsBet app and click 'Live Chat'

Email: customercare@pointsbet.ca

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