The benefit of the parlay is that it gives a much higher payoff than if you were to place each bet individually since it's harder to win all your selections. Conditions: If there is a tie or no action, the parlay reverts to the next lowest number for pay-off, for example: if you select 4 teams and one of those ties, it becomes a 3 team parlay. On a three-team RR two-way parlay, you would have three different two-teamers. Let's just give an example to show you how a three-team RR two-way bet would work. You like three teams we'll call the Cowboys -7, Packers -7 and 49ers +4. Let's say you wanted $100 on each pair. Here's how your wagers would look: Parlay 1: Cowboys -7 Packers -7.
Please be aware that if the odds on every leg are -110, then the sports book will likely use a predetermined pay table, which seems to always pay worse than if a direct calculation is made, except for a 3-leg parlay.
One of the best (and most fun) ways to bet on the NFL is by utilizing a parlay bet. A parlay is a multiple team/total bet where all the legs need to win for the bet to cash—because it's the riskiest play to make.
Today, we will be creating a 5-bet NFL parlay for Week 3 using BetMGM‘s odds. This bet includes a few favorites and a few underdogs to increase the odds. Let's take a look our top Week 3 parlay bet, shall we?
Leg 1: Houston Texans at Pittsburgh Steelers -4.5 (-110)
Odds via BetMGM; access USA TODAY Sports' betting odds for a full list. Lines last updated at 9 a.m. ET.
Despite being at home, Pittsburgh finds itself as just a 4-point favorite over the 0-2 Texans. While QB Deshaun Watson is incredible, his offensive line is not. Pittsburgh recorded seven sacks in Week 2 and could easily match that total again in this game.
Look for Pittsburgh's defense to dominate and for the Steelers to walk to an easy victory over the Texans.
New to sports betting? This bet wins if the Steelers beat the Texans by 5 or more points.
Leg 2: Chicago Bears +3 (-110) at Atlanta Falcons
Chicago travels to Atlanta in Week 3 to play the Falcons in what promises to be a high-scoring affair. The Bears have the defensive talent to potentially slow down the Falcons offense and they should be able to keep this game close. While the Bears could certainly win this game outright, they are a great bet at +3 to cover this spread.
Bet Chicago with confidence in this game, especially considering Falcons WR Julio Jones‘ status is in question.
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Leg 3: Detroit Lions (+210) at Arizona Cardinals
Our one surprising upset bet in this parlay to increase our odds is Detroit over 2-0 Arizona. The Lions will be getting back star WR Kenny Golladay and they have the offense to keep up with the Cardinals when they are at full strength. Expect this to be a high-scoring game that likely comes down to the final possession or two.
At +210, the Lions are a great money line bet here to dramatically increase this five-team parlay's odds.
Leg 4: Dallas Cowboys at Seattle Seahawks -4.5 (-110)
Seahawks QB Russell Wilson has been phenomenal to start the season and should continue his hot streak against a Cowboys' defense that allowed 39 points to the Atlanta Falcons last week. Dallas will be playing without two of its top cornerbacks in CB Chidobe Awuzie and CB Anthony Brown, and likely without both of its starting offensive tackles.
Take Seattle to win and cover in Week 3.
Leg 5: Kansas City Chiefs (+145) at Baltimore Ravens
Finally, the last bet of our parlay will come on Monday Night Football. Somehow, QB Patrick Mahomes and the Chiefs are 3.5-point underdogs in this contest. While that is a great bet in itself, the Chiefs to win outright pays +145. Let's take the Super Bowl champions to pull an 'upset' here to win our five-leg parlay in Week 3.
5-TEAM PARLAY | Bet $100 to earn a $5,084.55 profit
3 Leg Round Robin Parlay By 2s
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3 Leg Parlay Meaning
Also see:
Mark Sanchez doesn't understand the Mitchell Trubisky criticism (Bears Wire)Predictions for Chiefs vs. Ravens, Week 3 (Chiefs Wire)Parlay Odds Formula
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3 Leg Parlay Meaning
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