How To Bet Parlay On theScore
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It’s fair to say that parlays are loved for being an extremely lucrative wagering alternative.
Since bettors can win big from parlays, parlay betting can be an ingenious way to boost one’s bankroll.
Of course, in order to get the best parlay betting experience, you need to use sportsbooks that give you as much freedom as possible.
To help you out, we’re going to discuss parlay betting on theScore Bet Sportsbook, and we’ll also share a few handy strategies that will help you profit from parlay betting.
How To Place A Parlay Bet On theScore Bet
If you’re a registered user on theScore Bet, here’s how you can place a parlay bet on the app:
- Open an account via theScore Bet app.
- Sign in using your credentials.
- Choose the sport/sports that you’re interested in betting on.
- Pick two or more selections and add them to your bet slip.
- To see the total odds of the parlay, head over to the bet slip.
- If you’re satisfied with the odds, enter your bet amount in the appropriate box.
- Verify that your parlay’s selections are accurate.
- Finally, place your parlay bet.
Parlay builders are a common feature on many sites. Essentially, they serve one main purpose: To help bettors build same-game parlays.
Luckily, theScore Bet has kept up with the competition by allowing bettors to build same-game parlays on the site.
What Is A Parlay Bet?
A parlay bet is a unique bet that includes two or more individual wagers in the same bet slip. In order to win a parlay, each selection in the bet slip needs to win.
For example, let’s say the Rams (+150) and the Chiefs (+100) are playing this weekend and you want to back both teams.
You have two options: You can place them as two separate wagers, or you can throw both teams into a moneyline parlay.
If you go for the straight wager route and risk $100 on each team, you’ll win $150 if the Rams win their game and $100 if the Chiefs win their respective game—a combined profit of $250.
However, if you wanted to boost your winnings, you could throw both teams into a parlay.
The parlay would be priced at +400, and you’d win $800 if you still risked $200 on this wager—heftier than the initial $250 profit, to say the least.
A same-game parlay, also known as a single-game or one-game parlay on some other sportsbooks, is a parlay that focuses on bets from one game.
In the past, most sportsbooks restricted bettors from placing same-game parlays.
However, because of the high demand for same-game parlays in recent years, most of the top sportsbooks—including theScore Bet—now allow bettors to build and place such parlays.
Here’s a great example of an NBA SGP:
- Oklahoma City Thunder Moneyline (-150)
- Josh Giddey To Record 8+ Assists (+300)
- Parlay odds: +567
Let’s say that you risk $50 on this NBA same-game parlay. You’ll win $283.5 if Oklahoma City Thunder wins their game and Josh Giddey ends up recording 8 or more assists.
However, let’s say that the Thunder win the game but Josh Giddey only gets 7 assists. Since one of your predictions was inaccurate, the entire parlay will be graded as a loss.
Who doesn’t love player props? These days, you can create a parlay featuring multiple player props on most sportsbooks.
Your player parlay can deal with the total number of goals, points, touchdowns, or any other stat that you expect certain players to record.
You can also include yes/no propositions in your player parlay.
Interested in placing this kind of parlay? Here’s an ideal example of a player parlay:
- Joe Mixon To Score A Touchdown (+130)
- Josh Giddey, Over 5.5 Assists (+135)
- Lorenzo Insigne, Over 0.5 Goals (+160)
- Parlay odds: +1305
If you risk $10 on this player parlay and all three players achieve your predictions, you’ll end up winning $130.5.
When you’re building a moneyline parlay, your primary focus is on whether or not a selected team will win their upcoming game.
Ideally, bettors build moneyline parlays when they want to group favorites with low odds in order to boost such odds and their subsequent winnings.
If two teams are playing each other, you can’t build a moneyline parlay that includes both teams for obvious reasons.
Here’s a simple example of a moneyline parlay:
- Tampa Bay Rays (-120)
- New York Jets (-130)
- Sacramento Kings (-200)
- Parlay odds: (+387)
In order to win $387 from a $100 wager, the Tampa Bay Rays, New York Jets, and Sacramento Kings all need to win their respective games.
Visit our guide to learn more about the betting moneyline at theScore Sportsbook.
Point Spread Parlay
These days, instead of backing a team to win the game, many bettors prefer to bet on the spread. Such bettors will be pleased to hear that they can build and place point spread parlays.
Favorites, of course, need to overcome a handicap in order to cover the spread. Underdogs have a little more freedom, as they can lose by a certain number of points and still manage to cover the spread.
Here’s an ideal example of a 2-team NFL point spread parlay:
- Los Angeles Rams -4.5 (-110)
- Los Angeles Chargers +3.5 (-110)
- Parlay odds: +264
In this NFL point spread parlay, the Rams need a 5-point victory in their upcoming game. The Los Angeles Chargers, on the other hand, have a little more leeway as the spread allows them to suffer a 3-point defeat.
A $10 wager on this football parlay will yield $26.4 if both the Rams and the Chargers end up covering the spread.
Last but not least, you can also build an over/under parlay. This parlay exclusively focuses on game totals and nothing else.
So you don’t have to worry about a certain team winning the game or a certain side covering the spread. As long as your over/under prediction is accurate, then you’ll win your parlay bet.
Here’s an example of a basketball and football over/under parlay:
- Boston Celtics @ New York Knicks – Over 218.5 (-110)
- Green Bay Packers @ Carolina Panthers – Over 44.5 (-110)
- Minnesota Vikings @ New Orleans Saints – Under 50.5 (-110)
- Parlay Odds: +596
In the above over/under parlay, a $200 wager will end up yielding $1,192 if all three predictions turn out to be accurate.
Parlay Betting Strategy
While parlays may seem simple, if you truly want to profit from this betting alternative, you need to have a few parlay betting strategies up your sleeve in order to win most of the parlays that you place.
Since we’re here to help bettors out, here are a few strategies that will help you reap big from parlay betting.
Keep Your Parlays Small
You don’t need to overstuff your parlay with many selections. In fact, when you include many needless selections, you end up increasing your risk, and this may end up costing you most of your parlays.
We know you might win more money by including more selections, but you should try as much as possible to keep your parlays small.
A parlay with around two to four selections seems ideal; if you want to win most of your parlays, ensure they’re within this range.
Include Correlated Picks
If you want to boost your parlay’s odds without increasing too much of your risk, you can include a correlated selection. For example, if a favorite needs a lot of points to cover the spread and the over/under line is reasonable, you can combine the team covering the spread with a bet on the over in a same-game parlay.
That way, if the favorite covers the spread, it’s highly likely that the game will also end up producing a lot of points.
Hedge Whenever Possible
It’s easy to let a parlay run when it’s down to the last few legs, but shrewd bettors will always hedge their bets in appropriate scenarios.
If you don’t know what hedging is, it’s simply backing an opposing pick to lock in a profit or stave off losses.
In parlay betting, if you’ve won the first few legs and you’re remaining with one last selection, play it safe by hedging your parlay instead of being greedy and letting it run.
Why don’t you include prop bets in your next same game parlay at theScore?