What Is An NBA Parlay Bet?

what is an nba parlay

An NBA parlay bet combines multiple selections into a single wager. For the bet to be successful and yield a payout, each included selection must win. The odds for each pick are multiplied together, offering significantly higher potential returns compared to individual bets.

Parlay bets can include various NBA picks from different betting markets, such as moneylines, spreads, and total points. This flexibility allows you to tailor your strategy and potentially increase your returns, especially when betting on favorites. Normally, favorites have lower standalone odds, requiring a higher stake for a smaller return.

By bundling these picks into a parlay, you can roll your stake over each selection. However, the risk is that all picks must win, otherwise, the entire bet fails.

For example, in fixed odds markets like spreads and totals, typically priced around +/-110, a three-team parlay could offer around +600 odds. This means a $100 stake could return $700, including your initial stake, with a four-team parlay potentially returning around $1300 for the same stake.


How To Win An NBA Parlay Bet

Winning an NBA parlay bet is challenging due to the unpredictability of the games and the requirement for all selections to win. It’s advisable to review expert NBA predictions and best bets when considering your picks. Here are essential tips for winning NBA parlays:

  • Limit the Number of Teams: The more teams added to a parlay, the higher the difficulty of winning. It’s best to stick to parlays with 2, 3, or 4 teams, as this strikes a balance between manageable risk and potential return.
  • Combine Strong Favorites: Utilize parlays to boost the odds of strong favorites. For instance, if the Bucks are a heavy favorite with -250 odds, and you are reluctant to wager $250 for a $100 return, you could combine them with other favorites like the Lakers and Clippers in a three-team parlay for more attractive odds.
  • Shop for the Best Odds: Odds can vary slightly between sportsbooks; even small differences can impact your returns. Comparing odds and choosing the most favorable ones is crucial.
  • Manage Your Bankroll: Keeping a consistent stake on parlays and understanding the odds are essential for long-term profitability. For example, with 6/1 odds on a three-team parlay, winning one out of every seven bets breaks even, anything more is profit.

How To Bet On NBA Picks And Parlays

Betting on NBA parlays is easy with the best online sportsbooks. Simply navigate to the NBA section, select the upcoming games, add your picks to the bet slip, choose the parlay option, enter your stake, and place the bet. The sportsbook automatically calculates the odds and potential payout.

If you’re unsure where to place NBA parlay bets, explore guides on how to bet on the NBA, review top betting sites, or read sportsbook reviews that detail key features and promotional codes.


Expert NBA Teaser Predictions

NBA teasers allow you to adjust the point spreads or totals, increasing the likelihood of winning each selection in the parlay. Common teaser points are 4, 4.5, and 5, with some options extending to 7 points.

This flexibility can be applied across 2 to 14 games, with increasing odds for each added selection. For a teaser to be successful, all adjusted bets must win.


What Is An NBA Same Game Parlay?

An NBA Same Game Parlay is similar to a regular parlay but confined to a single game. This type of parlay increases the odds as more selections are added, focusing on the specific dynamics of one match. It’s popular for betting on correlated outcomes, such as a team’s win influencing performance props like player points or assists.

For instance, if a team has been prolific in three-point shooting and faces a weak defensive team, a Same Game Parlay could combine the team’s victory with over performances on specific player props.


How Do I Bet On An NBA Same Game Parlay?

To bet on an NBA Same Game Parlay, visit sportsbooks like BetOnline, MyBookie, or Jazz Sports, which offer this option under various names. Navigate to the NBA section, select a game, and access the Same Game Parlay feature to start adding picks.

Once your selections are made, the bet slip will show the combined odds. Enter your stake, place the bet, and you’re set.