![]() ![]() For example, a five-team money line parlay, which would typically pay off at +2000 (20:1), means all of the teams you pick have to win for the payout. The more correct bets in a parlay, the higher the payout. Two of the big terms that will be thrown around a lot are parlay and teaser, so here’s a guide to understand what exactly those mean.Ī parlay is a wager that links two or more bets, with all of the bets needing to win for a payout. ![]() ![]() And awaiting new sports bettors is a sea of confusing terms that can often be as intimidating as a baccarat or craps table for the uninitiated. As more and more states legalize sports gambling, more and more sports fans will have quick, easy access to placing a bet instead of that once-a-year trek to Las Vegas that fans used to wait for. ![]()
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