How To Bet Parlay On Borgata App

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Although there are many different ways that you can bet on the NFL, one of the most popular betting types is the NFL parlay bet.

With NFL parlay betting, you can win a larger sum of money while risking less.

However, despite the fact that you risk a smaller sum of money, NFL parlays do come with their fair share of risk when it comes to winning these bets.

When you make an NFL parlay bet, you are stringing together at least two individual bet selections into one single bet slip. Each of these bet selections inside of your parlay bet is called a leg.

The more legs inside of your parlay bet, the greater the odds. And with greater odds, your payout will be increased immensely compared to your cookie-cutter single-bet wagers.

However, while the more legs will increase the odds and your overall payout, the more legs you add will also decrease your chances of winning.

With parlay bets, all of the legs inside of your parlay must be successful to cash your ticket. If even one leg is graded as a loss, the entire parlay betting ticket will be settled as a loser.

This guide will discuss NFL parlay betting at Borgata Sportsbook.

Read on to find out the different parlay bet types you can make, as well as the rules of how Borgata Sportsbook grades its NFL parlay wagers.

How To Place A Parlay Bet On Borgata Sportsbook

Before you can place any type of bet on Borgata Sportsbook, the first thing you need to do is create a new account.

Below, you will find out how to register for a new Borgata Sportsbook account while securing a generous welcome offer for new users in the process.

If you are ready to sign up for a new Borgata Sportsbook account right now, click on the direct sign-up link on this page.

Doing so will redirect you to the Borgata Sportsbook registration page to begin the new user sign-up process.

During this process, you will be asked to enter some basic information.

You will also need to enter the last 4 digits of your SSN and your DOB for verification purposes.

When you are through, you will now be prompted to enter a promo code. Use the code BOBONUS here.

Upon entering this code, you will activate your welcome bonus.

To fully obtain your bonus, finish creating and verifying your new account and make your qualifying initial deposit. Then, your bonus will be credited to your account.

How To Place A Parlay Bet On Borgata Sportsbook

  • Open an account at Borgata
  • Sign in to your new account
  • Find the NFL section and click on it
  • Find the NFL markets you want to add to your parlay
  • Click on them so they will appear on your bet slip
  • Now enter the exact amount you want to stake on your parlay
  • Finally, review your parlay bet inside of your bet slip
  • Click on the “Submit Bet” button to complete the betting process

Parlay Builder

Parlay builders are tools used by a number of sportsbooks that will help streamline the parlay building process.

At Borgata Sportsbook, you will find a parlay-building tool.

When you use the Borgata Sportsbook parlay builder, you can construct parlays and same-game parlays in a simplified process, all in one place.

When you want to build a parlay, you should know that there is a multitude of bet selections to choose from.

With a parlay builder, all of these bet selections will be broken down into individual, specific categories so you no longer have to go searching through the sportsbook for the markets you want to add to your parlay betting slip.

To use the Borgata Sportsbook parlay builder, all you need to do is click on the “Easy Parlay” button at the top of the page.

Doing so will display all of the categories that will include moneylines, player props, totals, game props, popular bets, and more.

What Is A Parlay Bet?

Parlay bets are wagers that combine two or more bet selections into one betting slip.

You will find that in other regions outside of the United States, parlays are also called accumulator bets and multi bets.

Inside parlay bets, each individual bet selection is called a leg. For example, a parlay bet with 5 legs is called a 5-leg parlay, and so on.

The more legs you add to your parlay, the greater the odds, which equates to a larger payout if all of your bets hit.

However, if even one leg is unsuccessful, your entire parlay betting ticket will be graded as a loss.

If you want to sacrifice some of your winnings to protect your parlay in case a leg or two loses, you can make a round-robin parlay bet.

Same Game Parlay

While not all sportsbooks feature same-game parlays (SGP), you will find them at Borgata Sportsbook.

With SGPs, all of the legs inside of your parlay come from one single game. Hence the term same-game parlay.

These are also called one-game parlays at some sportsbooks.

You can place a same-game parlay bet at Borgata Sportsbook by combining two or more bet selections from one single game into your bet slip to build your SGP wager.

Here is an example of a same-game parlay at Borgata Sportsbook:

  • Dallas Cowboys -2.5 point spread bet (-115)
  • Dak Prescott to throw over 1.5 touchdowns (-135)
  • CeeDee Lamb over 6.5 receptions (-120)

Parlay Odds: +496

If all of the legs in the above example parlay are successful, you can win $298.32 on a $50 bet.

Player Parlay

A player parlay is a parlay bet where all of the legs are correlated with player props.

With player props, you are betting on players to reach unique statistical plateaus during a game.

With player parlays, you can choose player props from the same game, from different games, and even from different sports markets.

Here is an example of a player parlay:

  • Lebron James over 8.5 assists (-105)
  • Austin Ekeler to score a touchdown (+105)
  • Mohamed Salah to score a goal (-110)

Parlay Odds: +664

You can win $382.05 on a $50 wager if all of the legs inside of the above parlay are successful.

Moneyline Parlay

When you build a moneyline parlay, all of the legs are constructed from moneyline bets where the side you pick must win their matchup outright.

Therefore, you can not include two teams that are playing each other in your parlay.

Again with moneyline parlays, you can mix and match moneyline bets from different sports.

Here is an example of an NFL moneyline parlay:

  • Cincinnati Bengals -140
  • Seattle Seahawks+240
  • Buffalo Bills -225

Parlay Odds: +741

If all of the moneyline bets inside of the above example hit, you can win $420.95 on a $50 wager.

Visit our guide to learn more about the betting moneyline at Borgata Sportsbook.

Point Spread Parlay

Point spread parlays are built from all point spread bets.

To win your point spread parlay bet, all of the teams you picked must cover their respective spreads. If one team fails to cover, your entire parlay betting ticket will be settled as a loser.

Here is an example of a point spread parlay:

  • Pittsburgh Steelers -3.5 (-110)
  • Baltimore Ravens +1.5 (-105)
  • Kansas City Chiefs -6.5 (-110)
  • Arizona Cardinals -2.5 (-110)

Parlay Odds: +1258

When you stake $50, you can win $679.23 if all of the legs of the above example parlay are successful.

Over/Under Parlay

Over/under parlays are constructed with all total bets.

Totals bets are centered around the total number of points scored in a game by both sides rather than the outcome of the game.

Here is an example of an over/under NFL parlay:

  • Los Angeles Rams @ Minnesota Vikings Over 48.5 (-110)
  • Green Bay Packers @ Chicago Bears Under 45.5 (-110)
  • Jacksonville Jaguars @ Houston Texans Over 43.5 (-110)

Parlay Odds: +595

You will win $347.90 if all of the over/under bets inside of the above example parlay hit when you bet $50.

Parlay Betting Strategy

Successful sports bettors use actionable strategies with every bet they make.

These strategies help give you an edge over the sportsbook.

With parlay bets, you cant throw a monster 8-game parlay against the wall and hope it sticks. You must plan out every leg of your parlay to give you the best shot at winning.

Place Conservative Parlays

While the more legs you add to your parlay will increase your payout, they will also decrease your chance of winning the bet.

Therefore, limit the number of legs that you add to your parlay. The best parlay to make includes 2-4 legs.

That doesn’t mean the legs should be +500 underdogs either. It is best to choose legs that are attainable to hit.

Correlate The Legs Of Your Parlay

When you place correlated parlays, the result of one leg will more or less depend on the result of another.

For example, if Tom Brady is expected to throw for 300+ yards, there is a good chance Mike Evans will account for at least 70 of them.

Therefore, a parlay consisting of Brady going over 295.5 passing yards and Evans going over 66.5 receiving yards would be a wise bet to make.

Parlay Hedging

There will be times when you build a 4-leg parlay and the first three legs hit. Then, you have a lot of money riding on the result of the fourth leg.

In this scenario, you should hedge your parlay.

For example, if you can win $500 from that 4-leg parlay and your final leg is an over/under bet on the Cowboys-Giants game to go Over 47.5 points, then it would be wise to place a $250 straight bet on the game to go Under 47.5.

This way, you will be awarded a payout no matter what the outcome of the total is.