1 2 Point Parlay Card Odds
- The 11-team parlay hits 1 out of every 2,047 times, and the payout is based on only just over 50% of that ratio. Most of the general betting public doesn’t realize that 55% is an excellent winning percentage when it comes to sports betting.
- Parlay Card Betting explained. Learn how to play a parlay card. Sportsbooks offer 3 types of parlay cards. The ½ Point Parlay Card is the most popular. Ties Win and Ties Lose cards are also available. Pick from game spreads, totals or player props. Know your parlay card's payouts and rules before betting!
- Wynn — 1/2 Point Teaser Card: All point spreads end in a half and the distance between the two spreads is always 11, or 5.5 points per team. South Point — Big Teaser Special: All point spreads are integers, ties lose, and the distance between the spreads is always 12. On integer spreads, a ties lose rule costs the player a half point.
- The 1/2-point card allows you to tie together as many as 12 games at set odds. A 12-for-12 card pays 3,000-for-1 Teaser Card (Pro and college games)- (All William Hill Locations) The odds move in your favor, as you can tease games from our 1/2-point and either get six more points or receive six more points.
A teaser card is very similar to a Parlay card except all selections have been 'teased' in favor of the player by a given number of points (in NBA and NCAA basketball 5 points). The payouts for a winning teaser card range from +160 for a 3 team teaser card, up to +2400 for a 10 team teaser card.
Many sportsbooks in Las Vegas have parlay cards. It is usually the highest profit area in the sportsbook due to the bad odds and the stupid bettors. However, there are ways to beat the parlay cards.
There are many different variations, but I’ll stick with one example to illustrate. With just a few adjustments, you should be able to calculate the numbers for any other variation using this example as a guide.
The example I’ll choose is one that has the least variance, and the highest chance of the player winning – the 3 team parlay. Some casinos will have different parlay cards, so you have to be careful in checking the odds that are offered (see the back of the card). The odds that is usually the best are the ones that offer 6.5 for 1. This means the casino will pay you $6.50 for every $1 that you bet. In other words, it really is 5.5 to 1, since you are only winning $5.50 for every $1 you bet. They are just refunding you the $1 that you wagered to begin with. This is a tricky way to state odds, and is different than the way sportsbooks state their odds for futures bets. It’s similar to how some craps table shows the odds (10 for 1 or 8 for 1 on some hardways bets).
So, 6.5 for 1 = 5.5 to 1 = 1/6.5 = 15.38%
Since there are three teams, we take the cube root of 15.38%. This is not as scary as it sounds. Simply type in =15.38%^(1/3) in excel. This means taking 15.38% to the 1/3rd power. The answer is 53.58%.
So we need to be able to win each game at the rate of 53.58% in order to break even to the parlay card. In order to check the work, multiply 53.58% by itself 3 times:
53.58% x 53.58% x 53.58% = 15.38%
For four or more teams, do a similar analysis. Say a 4 team parlay pays 11 for 1. In percentages, 11 for 1 = 1/11 = 9.09% Take 9.09% to the (1/4) power, and you get: 9.09% ^ (1/4) = 54.9%. These odds are worse than the 3 team 6.5 for 1 payout.
Typically, these odds wouldn’t be exciting. Since betting a team at -110 is a breakeven rate of 52.4%, having to win at 53.58% is a bad bet. However, the difference is that the lines on the parlay cards may not be accurate at the moment. These parlay cards are printed earlier in the week (Tuesday, Wednesday, Thursday), so when the lines move as the week progresses, the lines in the parlay card will be off a touch. The casinos realize this too, and will often post something like “Game #15 is off the parlay card”. So when a game line moves a few points, you won’t get to take advantage of them. However, a line doesn’t have to move all that much for the player to gain some edge. The key is to know what a half point or a point is worth depending on the game (College or NFL) and the value of the point.
So aside from looking for 1 or 2 point differences on the card versus the board, you want to look for parlay cards that show half points only or ties win. And then compare those lines to the current lines. The NFL is typically better for half point differences because the frequency of pushes on certain key points is greater than it’s College counterpart (see Stanford Wong’s Sharp Sports Betting for more info). The most common is when the favorite is a 3 point favorite – in that case the probability of the favorite winning the game is about 10%. So let’s imagine there are 3 games lined at 3 in the NFL. If you can find a parlay card with half points or ties win, then you have a decent wager and can beat the parlay card. Here’s an example.
Current lines show
ATL -3 DAL
PIT -3 NYJ
SD -3 OAK
But the parlay cards show:
ATL -2.5 DAL
PIT -3.5 NYJ
SD -2.5 OAK
In this case, you would consider taking ATL, NYJ and SD in the parlay card, because you are getting the free half point. So how often do you expect to win given the free half point? Here’s some quick math:
ATL -3 DAL
ATL is expected to win by exactly 3 points roughly 10% of the time. If the line is efficient, then that means they should win by more than 3 about 45% of the time, and lose the game (or win by 1 or 2) about 45% of the time.
ATL wins by 4 or more: 45%
ATL wins by 3 : 10%
ATL wins by 1 or 2 or loses the game: 45%
Total: 100%
If you can twist the 3 into a win, then that would make your winning chances go up to 55% (45% + 10%).
So ATL -2.5 is a 55% play.
The same can be show for NYJ +3.5 and SD -2.5….and so you have 3 55% plays.
55% x 55% x 55% = 16.64%
That is greater than the breakeven rate of 15.38% that is on the 6.5 for 1 parlay cards. So we have a winning bet.
Now in practice, it isn’t as easy as this. Often you may find two games that are off, but not a third. Since the minimum number of games needed on the parlay cards is typically three games, you’ll have to find another game. This is when you’ll need to know the push percentages of every key point in the NFL. So say you find:
ATL -2.5 (current line -3)
PIT -2.5 (current line -3)
But no other game that is off by a half point from the 3. But you do find:
IND -6.5 (current line -7)
Then you’ll need to know exactly what the 7 is worth. It is about 6%. So that means IND -6.5 is a 53% winner if the IND -7 is a fair market line. 53% is less than the 53.58% we require to breakeven, but may still be useful to use this game, even though it is less than 53.58% because otherwise we wouldn’t be able to take advantage of the two 55% games.
55% x 55% x 53% = 16.03%
In fact, if we have two 55% games, we need a third game of greater than 50.85% in order to give us an edge in the parlay cards. Knowing this is helpful, you can use a “losing bet” in order to get that 3rd team in.
It gets a bit dicier if there is only one game off by a half point from the 3, but two games off a half point from the 7. Then you get:
55% x 53% x 53% = 15.45%
15.45% is only a smidge greater than 15.38%. If you have an opinion on any of those games and would have bet them anyway, then this may be worthwhile because you are getting into a zero expectancy bet, and don’t have to lay the vig in order to get your action.
Once you start playing these parlay cards, you’ll see some other issues which will become important. For example, how do you adjust a game when the current line is:
ATL -3 -120 NYJ
NYJ +3 +100 ATL
So the line is a bit shaded towards ATL -3, and the fair market line is ATL -3 -110. In that case, if you see ATL -2.5 on the parlay card, then it is greater than a 55% play. But if you see NYJ +3.5, then it is a worse than a 55% play.
So you will have to keep abreast of the current lines, know how to adjust based on the vig on the line.
Profitability:
Let’s use the example where we had 3 teams lined at 3, and we are getting a free half point on each of them on the parlay card. In that case, the expected winning percentage of the 3 team parlay is 16.64%. If the wager was for $100, then the expectancy is:
= ($550 x 16.64%) + (-$100 x (100% - 16.64%))
= ($550 x 16.64%) + (-$100 x 83.36%)
= $91.52 - $83.36
= $8.16
The Return on Investment is very high. 8.16%.
Actually betting:
Casinos and their employees are not the brightest people in the world, but they are not dumb either. Especially after some losses, they will re-think their position and make a few adjustments. As for these parlay cards, they do keep an eye when there are many games lined at 3. And when game lines move away from the posted lines on the parlay cards, they will take them off the card and not allow bettors to take advantage of them. If you try to put too many high dollar wagers, they may stop you and take a small portion or none of them. By a high dollar wager, I mean a $300 bet or higher. Usually this is nothing for an individual game, even in the smaller casinos, but because the payoff is higher (the casino could lose $1650 on a $300 wager), they often have to get approval from the supervisor.
It takes a lot of work to bet these parlay cards profitably. Because of the low dollar amount that most books will take, the way to do it correctly is to stay under the radar and to bet them at many books for low dollar amounts. You can imagine how much work this takes. A ton of driving, a ton of walking. It's a real tough job to do it right for a significant amount of money. But one doesn't have to do it for a living to have fun with it while getting positive expectancy.
With parlays, each game you place on your “card” MUST win for you to win the parlay. As you can see from the odds, your chances get smaller each time you input a result in. These odds will vary depending on what teams you select. For example, a big favorite in a game would help your odds, but most likely decrease your total payout.
Point Spread Basics
If there is a plus next to the team you selected - add those points to the final score for your team.
May 27, 2019 Whether you are playing a point spread parlay on football Sunday, or a moneyline parlay on Tuesday's baseball card, the answer to this question remains the same; 'it depends'. It all depends on. A parlay bet is a form of sports wagering where a single bet combines together two or more individual wagers up to a total of 12 picks and is dependent on all of those wagers winning together for the bet to cash. Oct 11, 2020 Printing 100 Parlay Cards In 3 Minutes – Youtube Free Printable Football Parlay Cards With these free of charge, printable cards you are able to send out a family member or friend a greeting card without paying the silly quantity to get a paper card at the store, or take the time standing in range to look at.
If there is a minus next to the team you selected - subtract those points from the final score for your team.
ASK for a QUICK PICK
Not sure what selections to play? Just ask your Retailer for a full or partial quick pick. Quick pick is available for all selections or for teams only. The Lottery will generate a ticket with random selections.
FOR ALL PARLAY CARD CHANGES/UPDATES, PLEASE VISIT A SPORTS RETAILER OR CASINO SPORTSBOOK.
Wagers
- Totals (Over/Under) Wager (Pro Only)
The Total is the combined amount of points scored by both teams during the game, including overtime.A player may wager Over or Under the total. In an Over wager, the player wagers that the total combined points scored by the two teams will be more than the total. In an Under wager, the player bets that the total points scored by the two teams will be less than the total. There will be no totals during the preseason. The Half-Point, Teaser and Super Teaser Parlay Cards will carry all totals. The $100,000 Parlay Card will have select totals on occasion. There is not a Totals-Only Card. - Early Bird Card (Pro Only)
To play Early Bird Cards, refer to the designated separate sheet for teams and point spreads. A new sheet is available each Monday and Tuesday. Download the most current sheet. - Half-Point Parlay Card
The Half-Point Parlay Card is the most popular type of card in Las Vegas and will offer payoffs ranging from 6.5 for 1 on a 3-selection parlay to 2,500 for 1 on a 12-selection parlay. All point spreads use half points, eliminating the possibility of a tie. - Teaser Card
On a Teaser Card, the point spreads differ from those on the Half-Point Card. The favored teams have to cover fewer points in order to be winning selections. The underdog teams receive more points. The payoffs on the Teaser Card are lower than they are on the Half-Point Card because of the advantage the player gets on the point spread. On a Teaser Card, players may parlay from 3 to 20 selections (since the point spreads have been adjusted, wagering is available on both sides of a game) and receive payoffs ranging from 12 for 5 to 1,000 for 1. All point spreads use half points, eliminating the possibility of a tie. - Super Teaser Card
On the Super Teaser card, the point spreads are adjusted even more than with the Teaser card. The favored teams must cover even fewer points in order to be winning selections. The underdog teams receive more points, The payoffs on the Super Teaser card are lower than they are on the Teaser cards because of the additional advantage the player gets on the point spread. On a Super Teaser card, players may parlay from 4 to 20 selections and receive payoffs ranging from 11 for 5 to 80 for 1. All point spreads use half points, eliminating the possibility of a tie. Players may bet on both sides. - Reverse Teaser Card (Pro Only)
On the Reverse Teaser card, the point spreads are adjusted so the favored teams must cover a larger point spread and underdog teams must cover a point spread that is smaller, and, in some cases, even minus points. In some cases, both teams in a game may be minus points and you may not bet both teams in that game. Because of these point-spread adjustments, the payoffs are much higher than those found on the other Teaser cards. On a Reverse Teaser card, players may parlay from 3 to 8 selections and receive payoffs ranging from 20 for 1 to 5,000 for 1. All point spreads use half points, eliminating the possibility of a tie. - $100,000 Parlay Card (Pro Only)
Players wager $5 and select 15 games against the point spread. If a player correctly picks 15 out of 15 games, he wins $100,000. If there is more than 1 winning ticket, the $100,000 prize is divided equally among the winning tickets. The $100,000 Parlay Card will have a few select Totals (Over/Under) Wagers upon occasion. Football Futures:
No card required. This wager is offered for the entire current season. To place a bet, the player simply selects a team. The odds fluctuate during the season, but are locked in at the time the wager is placed. Note: The Delaware Lottery reserves the right to refuse any wager/multiple cards or delete or limit any selection(s) prior to acceptance of any wager.
Additional wagers:
Off-the-Board Parlays
In Off-the-Board Parlays, the point spreads may fluctuate from the opening line. Players can parlay from three to eight teams and receive payoffs ranging from 11 to 2 to 160 to 1. There is a $5 minimum bet on Off-the-Board Parlays.Off-the-Board Teasers
The players can select 6, 6 1/2, 7, 10 and 14-point Teasers. A Teaser allows the player to add extra points to an underdog’s point spread or subtract points on a favored team.Halftime Wagers
A halftime wager, for betting purposes, resets the score of a game at 0-0 at halftime of a game. For example, if the Green Bay Packers lead the San Francisco 49ers at halftime by a score of 14-10 and you wager on the Packers -3 1⁄2 points in the second half, the Packers must win the game by eight points or more to cover the spread. Halftime wagers also include any overtime periods that are played.
- Off-the-Board Odds
Delaware Lottery Sportsbook and Sports Lottery Retailer Wagering Rules apply to parlay cards unless otherwise stipulated on the cards. The Delaware Lottery reserves the right to add, delete, or change its Wagering Rules and/or payoff odds at any time.
Note : Wagers are not available for Delaware based teams.
All reputable sports betting sites offer exciting betting opportunities like parlays one of the most popular and exciting types of wagers. Parlays can result in huge pay outs and are dependent upon the success of multiple events. The best parlay betting sites are listed below.
Parlay Card Odds
Nfl Parlay Sheets
Parlay Betting Online
Parlays involve wagering on multiple events that are all dependent on each other for the wager to be successful. For example, a parlay might be placed on games that require teams a, b and c each win their games. If just one of those teams loses their game, the entire parlay bet loses.
Parlays are exciting because they offer huge payout odds to winners. Every additional event that is added to a parlay reduces the chances that the bet will win, but increases the payout odds. Many online bettors are attracted to parlays because pay outs can be many times the amount originally wagered.
What Exactly Are Parlays? Considered “exotic” in the sports betting world – parlays certainly provide entertainment. Parlays are becoming more and more popular. Parlays offer players to get an opportunity to receive a big payout. It gives the bettor a chance to bet on many games, and putting them all together into one.
Odds and Payouts On Parlay Wagers? Here are the odds that are typical on at most parlay betting sites. These odds are for point spread parlays. Of course moneyline odds will be different.
- 2 teams – 13-5
- 3 teams – 6-1
- 4 teams – 10-1
- 5 teams – 25-1
- 6 teams – 40-1
- 7 teams – 75-1
- 8 teams – 150-1
- 9 teams – 300-1
- 10 teams – 600-1
Moneyline Parlay Odds: When you are putting money down on a parlay with moneyline games, your odds certainly will differ. The favorite teams obviously give you a better chance to win, but pay less.
1 2 Point Parlay Card Odds Against
What do these odds mean? With parlays, each game you place on your “card” MUST win for you to win the parlay. As you can see from the odds, your chances get smaller each time you input a result in. These odds will vary depending on what teams you select. For example, a big favorite in a game would help your odds, but most likely decrease your total payout.
William Hill 1/2 Point Parlay Card
Advice For Betting On Parlays – Parlays are fun to play, but sharps often avoid them. It takes a lot of luck to win a big time parlay. Odds of winning a 10-team parlay are around 1000-1, your odds are around 1000-1. This results in a lot of losing money if you continue to place money on big parlays. Certainly if you win a parlay, your bankroll is going to look good for a while.
It’s probably a better idea to pick straight picks instead of parlays. It’s tough enough to win games straight up, let alone pick a whole group of them together accurate. There is a reason many experts in the sports betting consider parlay’s sucker bets.
Choosing Where to Bet on Parlays Online
1 2 Point Parlay Card Odds
The best parlay wagering sites share several common attributes we require for listing at BBS. The best parlay betting sites offer all major sports like basketball, hockey, football and baseball. Convenient banking is an important part of reputable parlay betting sites. Members need to be able to make deposits easily to place parlay bets whenever desired, and cashout winning tickets without hassle. High quality support is vital so that any potential issues can be resolved quickly.