Understanding Football Parlays and Teasers|en
There is another betting choice known as a parlay, allowing you to wager on multiple teams, however, every team you choose must win its respective games for your parlay bet to pay out. A common form of parlay is called a teaser.
You do not need a parlay card to place a parlay bet, nevertheless. Most sports books provide 13 to 5 on two-team parlays. You can give the employee at the counter $5, and seletc two teams, either side or totals. The employee gives you a piece paper in exchange. Try not to lose it! It is the only envidence that you placed your bet. That piece of paper is valued $18 if both your teams win. On the other hand, one or both your teams might lose. If it happens, your piece of paper will at least let you show a tax auditor you suffered a gambling loss this year. However, let’s say one of your teams tie. If that happens, your bet will play as a straight $5 bet on the second team. Your piece of paper is valued at $11.50 if the second team wins. The paper is only $5 if both teams tie.
If you would like to bet a parlay card, your wager depends on the results of 3 games. Always try to check the card for details, since you will not given additional points on any of the teams you are betting on. Sometimes, a parlay card specifies that ties lose the bet, other times that they win. Occasionally, cards do not offer rules on ties. That is because the spreads end in halfs.
Tips for you:
For instance, let’s say you would like to place bets on 3 teams. With a parlay card, you can bet $10 on team A, possibly winning $9. If team A wins, you will want to take the whole payoff and bet at 11 to 10 that team B wins next. That bet win, too, so you take that entire payoff and place another 11 to 10 bet that team C wins the final game.
With your 3 teams winnings their respective games, your initial $10 bet has grown to almost $70 by the 3rd game’s end. If one of your teams loses, the house will get your $10 bet. A parlay-card bet allows you to bet $10, and with a little luck, get $70 once all 3 games are done. This, of course, depends on the sports books which takes your bets.
All 3 teams winning their games have true odds of 7 to 1, meaning that without a house edge, your $10 will pay out $80, but then the house earns no money! The edge for the house comes out to about 12.5% on a 3-team parlay. Parlay is a good choice for somebody picking winners at more than 52.8%. If you are betting for fun, you are likely to pick winners only 50% of the time. In this case, a straight bet is your best choice because you lose a bigger percentage to the casino on parlays.
Another choice is a teaser. This sportsbook casino allows you to pick 3 or more teams, but they must all beat a specific spread to win your bet. Sports books give extra points over the regular spread for teasers. Air Force may be favored by 9 points, but a teaser offers you Air Force -3 or Wyoming +15 instead.
Teaser cards pay off at lower odds due to the more appealing spreads they give bettors. Like parlay cards, teaser cards usually specify rules: that ties win, that ties lose, or that there are no ties since the spread ends in ½. Sports books might even offer some different teaser cards, so try to check the rules printed on them!
Parlays offer a massive potential payout for a small bet, but all your chosen teams must win. Three straight bets means you would still win money if one of your teams loses their games.