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Straight Bets Parlays Teasers IF Bets Reverse Bets Round Robins Parlay Cards
In this section we explain parlays to you.
What is a Parlay?
A parlay wager is a bet on two up to eight teams or selections. It is one of the more versatile forms of sports wagering. The player can combine different sports, point spreads and money lines. In a parlay wager the original stake and winnings are re-invested on the next game, and all selections must be correct, that is, one loss and the parlay loses.
In the event of a push (tie), game cancellation, or a pitcher who you have specified as not starting, actually starts, the parlay reduces to the next lower number, for instance: A four team parlay becomes a three team parlay and a two team parlay becomes a straight bet in such a case. If the remaining team is the favorite, the wager amount will be the "risk" amount for that remaining straight bet.
A winning parlay wager will pay many times greater than the initial wager.
No parlay wagers will be accepted where propositions, quarters or different periods of the same game are connected. The parts of a parlay wager are deemed to be connected, for example, if one leg of a parlay is the "over" for the first half, and the second, or additional, part of the parlay is the "over" for the whole game. The 1st half forms part of the overall game and is, therefore, connected.
For our football and basketball point spread parlay odds see our sports rules pages.
Baseball, soccer and other sports parlays are determined using a different set formula. Because of the money line used in those sports, there are no set payoffs for tying a number of teams together in parlays.
Payoffs are determined by a simple formula that changes the money line into a decimal number and combines it with the other lines in the parlay.
Another options for parlays at BTW Bet The World are open spots. Depending on the number of picks for your parlay, you can leave a certain number of spots “open” in your parlay at the time you create your wager. Once you decide, which picks you want to add to your parlay, you can fill those open spots by choosing the “Fill Open Spots” option from the wager type menu.
Parlay Payouts
The following table shows the payouts for parlays at BTW Bet The World.
| Teams |
Odds (at -110) |
Max Payout* |
Max Underdogs** |
Max Open Spots |
| 2 |
2.6/1 |
14/1 |
2 |
1 |
| 3 |
6/1 |
40/1 |
2 |
2 |
| 4 |
10/1 |
70/1 |
3 |
3 |
| 5 |
20/1 |
140/1 |
3 |
4 |
| 6 |
35/1 |
200/1 |
4 |
5 |
| 7 |
70/1 |
375/1 |
4 |
5 |
| 8 |
140/1 |
500/1 |
4 |
5 |
If you have any questions about parlays, which are not answered in this section, please do not hesitate to contact our Customer Service Team. We will gladly to help you.
*) The overall maximum payout for parlays is $25,000.
**) The number of maximum underdogs in a parlay differs for Baseball, Hockey and Soccer.
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