sportsbook
Sportsbook terms and definitions
Answers to all your Bodog Sportsbook questions

Parlay

A parlay, or combo bet, is a selection of two to twelve wagers that are linked together. Winning the bet is dependent on all of the wagers winning. If even one of the wagers loses, the entire parlay loses. Adding more wagers, or teams, to your parlay increases your potential payout - with more risk, there's also more reward.

Suppose the New York Giants (-3) are playing the Philadelphia Eagles. At the same time, the New England Patriots (-8) are playing the Miami Dolphins. You've done your research and believe both the Giants and the Patriots will cover their respective spreads. Instead of placing two straight bets, you can place a parlay. If you're right about both of the games, you'll win. However, if one of the teams fails to cover, you'll lose.

How to Place a Parlay

  1. After signing in, click Sports to open the Bodog Sportsbook.
  2. On the Sportsbook tab, under BETTING LINES, click the "Plus" icon beside the first sport category (e.g., Football or Baseball) you want to bet on.
  3. Select a league (e.g., NFL or MLB). A list of events is displayed to the right of BETTING LINES, along with the lines that are available for each event.
  4. Select the check boxes for the lines you want to add to your parlay (up to a maximum of 12). Note that you can add point spreads, moneylines, and totals to the same parlay.

    Want to add lines from different sports, leagues, or portions of the game? See Cross-sport Parlay.

  5. Click the Parlay button on the Bet Bar.
  6. Under Risk Details:

    Enter the amount you want to wager. The win amount is automatically calculated for you.

    or

    Enter the amount you want to win. The wager amount is automatically calculated for you.

    If you are betting a point spread, you can buy points. See Buying Points for more information.

  7. If you want to remove a line before proceeding, click the "X" icon beside the bet details. The win amount is recalculated based on the reduced number of teams in the parlay.
  8. Click Review My Bet.
  9. Confirm the details of the parlay. If you want to proceed, click Place My Bet. If not, click Modify My Stake to change the wager details or Cancel to cancel the bet altogether.

    You can't cancel or modify a bet once it has been placed. As this policy is strictly enforced, make sure that you review and confirm all bet details carefully before clicking Place My Bet.

  10. You will be notified that your bet has been placed successfully. Either print the wager information, which includes a reference number for the bet, or make a note of the reference number. Additionally, you should confirm the details of your bet in your ECash statement - click the Manage Account link and then click the ECash Statement link in the left navigation bar of the My Account page.

  11. Click Return to lines to return to the lines page.

Parlay Payouts

Fixed odds

In fixed odds bets, the odds of all of the picks in the parlay must be standard (i.e., -110, where you must wager $110 to win $100). Additionally, all of the picks must be football or basketball point spreads and/or totals. The odds are set according to the following chart:

Parlay size:Fixed odds:
2-team2.6/1
3-team6/1
4-team12/1
5-team25/1
6-team35/1
7-team75/1
8-team100/1
9-team150/1
10-team300/1
11-team450/1
12-team600/1

To calculate your winnings, multiply the odds by your bet amount. For example, suppose you bet $10 on a two-team parlay where the odds of both picks are -110. You stand to win $26 ($10 x 2.6/1). Your total payout would be $36 (the $26 you won plus the $10 you wagered).

If one of the picks comes from a sport other than football or basketball, is a moneyline, or is an off-standard line (e.g., -115), then the parlay is subject to true odds instead of fixed odds.

True odds

To calculate a true odds payout, you need to find the multiplier for each pick in the parlay and then multiply your bet amount by the product of the multipliers. For example, suppose you bet $10 on a two-team parlay where the odds of the two picks are -140 and +120:

Moneyline: Multiplier:
-140 1.71
+120 2.20

Your total payout, which is your winnings plus your original wager, is calculated as follows: 10 x 1.71 x 2.20 = $37.62.

The maximum wager payout for the Bodog Sportsbook is $100,000. No wager payout will exceed this amount under any circumstances.

Looking for multipliers? See Calculating Payouts. However, you don't need to do the calculation by hand - the win amount is automatically calculated for you and can be found in the risk details of your parlay.

Parlay Rules

The following rules apply when you place a parlay:

  1. You must select a minimum of two lines and a maximum of twelve to place a parlay.
  2. A tie reduces the number of wagers (teams) in the parlay. For example, a four-team parlay with two ties reduces to a two-team parlay and the payout is recalculated based on the reduced number of teams. A two-team parlay with one tie reduces to a straight bet. If a parlay reduces to zero teams, the bet will be graded "No Action" and your money will be refunded.
  3. With the exception of ties, all of the wagers must win for the parlay to be considered a win. If any one of the wagers loses, the entire parlay loses. There are no partial payouts.
  4. Unless otherwise specified, games not played on the date or at the location specified are graded "No Action", and the parlay reduces to the next lowest number. The payout is recalculated based on the reduced number of teams.
  5. You can't include circled lines, futures, props, quarter lines (1Q, 2Q, 3Q, and 4Q), and fifth inning lines (5inn.) in parlays.
  6. You can't combine point spreads and/or moneylines for the same team from the same game, even if the lines are from different segments of the game.
  7. You can combine a maximum of four lines from the same game, according to the following:
    • Any segment (Game or 1H) Over
    • Any segment (Game or 1H) Under
    • Any segment (Game or 1H) Team A (point spread or moneyline)
    • Any segment (Game or 1H) Team B (point spread or moneyline)

    For example, suppose the Seattle Seahawks are playing the Dallas Cowboys. You want to combine your bet on Dallas for the first half (1H) with bets on other segments of the same game. As explained above, you can't combine your bet with any other Dallas bet for that game (Game or 1H); however, you can combine it with one Over, one Under, and one bet on Seattle. The following parlay would be valid:

    • Dallas (1H) with Seattle (Game) with Over (1H) with Under (Game)

    The following parlays would be invalid:

    • Dallas (1H) with Dallas (Game), even if one bet is a moneyline and the other is a point spread
    • Over (1H) with Over (Game)
  8. You can't include both sides of the same bet type (point spread, moneyline, or total) from the same segment of the game. Using the example above, the following parlay would be invalid:
    • Over (1H) with Under (1H)