How To Bet On College Football Parlays
Would you like to learn how to play a college football parlay card? Perhaps you have heard about parlay bets, but weren’t sure what they were. So what exactly is a parlay bet? In a nutshell, it’s a collection of two or more teams that you bet on. All of your selections must win or tie to win the parlay bet. This is a very important point to remember when making parlay bets. You have to pick the winners or ties to win your parlay bet. While this definitely means that parlay cards are “riskier” than most bets, they do pay out a lot more. And this is what makes parlay bets so attractive to betting college football, the ability to win great amounts of money with a small amount wagered.
Parlay bets are risky but the higher the risk the higher the reward. While they will vary from sportsbook to sportsbook, the odds on a point spread parlay payout will look similar to this:
2 teams: 13-5
3 teams: 6-1
4 teams: 10-1
5 teams: 25-1
In most cases, it is possible to bet on up to 10 to 15 teams at once, which is a bet that has odds of 600 – 1 or more!
At one online sportsbook, you can do a 15 team football parlay and bet $1.00 To Win $14,050.00!
On the other hand, odds on money line parlays will vary, as the chances of each team winning will be different according to the team and who their opponent is. Therefore, the odds are not fixed like in point spread parlay bets.
Moneyline parlay card bets will take the amount you risked on your first team and if that team won, a bet would then be placed on the second team at different odds. For instance, if you bet $100 on Maryland at +300 and won, and your next pick with NC State at -200, the $300 you won on Maryland would be bet on NC State at -200 on the moneyline.
Now that you know how to bet on a college football parlay card, you can place your bets online. You can also look into teaser payouts which have lower odds and payouts than parlays but have better chances of winning.
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