Progressive Parlays restrict bettors to spread betting. How is a Progressive Parlay Different from a Regular Parlay?Ī regular parlay gives you a lot more betting options.

Money lines and totals are not allowed.Īs you can see, losses greatly decrease the payout of your Progressive Parlay and can even create a complete loss if you lose enough games. Progressive Parlays can only include point spread wagers. Here is a standard pay table for a Progressive Parlay: # of Teams Pushes are considered losses with Progressive Parlays, so keep that in mind. If you bet 10-12 teams, you can miss up to three bets and still win something. If you bet 7-9 teams, you can miss up to two bets and still win something. If you bet 4-6 teams, you can get up to one bet wrong and still get something for your parlay ticket. Progressive Parlays require anywhere from 4 to 12 bets to be accepted by the sportsbooks. You don’t have to get everything right in order to make money on your parlay. That is the most important thing to keep in mind.Ī Progressive Parlay is different. The biggest takeaway with a parlay is that everything has to be correct in order to make money on that ticket. We’ve also seen increased supply and demand for Parlay Boosts at various sportsbooks, where payout amounts are either increased or pre-determined parlay options are offered. Parlay pay tables are fairly standard across the board, like a 6/1 payout on a three-leg parlay, but there are some variances and differences based on the sportsbook. However, your risk is much greater when you need multiple things to happen. Parlay betting is popular because you can bet a little to win a lot. If one of those things fails to happen, the entire bet is a loser. In order to cash that parlay ticket, the Browns and Suns need to cover and the Blue Jackets need to win. You need to win all of your bets in order for a parlay to cash.Ī parlay might have Browns -3, Suns +4, and Blue Jackets +150 on it during the month of November. A Parlay is a bet ticket with multiple wagers on it. Let’s start by taking about the basics first. Parlays have taken the wagering landscape by storm for a variety of different reasons and Progressive Parlays are a new way of wagering that creates a little bit more margin for error, but at the expense of your payout amount.

What is a Progressive Parlay? It’s a question that we have been asked a lot recently because this is a relatively new thing in the sports betting world.

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