Best Parlay Bets
Here’s an in depth look at each team and a parlay bet courtesy of SBR. Ohio State Buckeyes vs. Alabama Crimson Tide Monday, January 11, 2021 – 08:00 PM EST at Hard Rock Stadium. Correlated parlays can work to the bettor’s advantage. The most common correlated parlay is betting the underdog and the under or the favorite and the over. But beware, the more additional legs that are added to the parlay the less the advantage with the correlation. For these reasons Predictem has focused on the most popular three parlays. NFL picks, 2021 Wild Card best bets from a legendary expert: This three-way parlay would pay 6-1 Hammerin' Hank Goldberg is 47-30 on his NFL best bets and just locked in his top Wild Card NFL picks.
Here you will find the best NBA picks as well as parlays for all of today's games. All of our expert NBA predictions are against the spread. (ATS) This page will be updated daily so bookmark this page.
- A parlay is a single sports wager that involves two or more bets combined into one. This can include point spreads, moneylines, totals, futures, or even prop bets, as long as the bets are on different games.
- A parlay is a single sports wager that involves two or more bets combined into one. This can include point spreads, moneylines, totals, futures, or even prop bets, as long as the bets are on different games. The allure of these bets has always been a larger payout than choosing a single team to win. But there’s more gamble to these types of wagers because every “leg” of the parlay needs.
Houston Rockets vs Charlotte Hornets Prediction, 2/8/2021 NBA Pick, Tips and Odds
by Tony Sink - 2/7/2021
The Houston Rockets are scheduled to meet the Charlotte Hornets at Spectrum Center on Monday, February 8, 2021. Houston opens this game as 2-point dogs. The total has been set at 227. This matchup report includes odds, betting trends and a free pick against the spread.
Toronto Raptors vs Memphis Grizzlies Prediction, 2/8/2021 NBA Pick, Tips and Odds
by Josh Schonwald - 2/7/2021
The Toronto Raptors are set to meet the Memphis Grizzlies at FedExForum on Monday, February 8, 2021. Toronto opens this contest as 1-point favorites. The total is set at 222.5. This matchup report includes betting lines and our pick of the day for this game.
Washington Wizards vs Chicago Bulls Prediction, 2/8/2021 NBA Pick, Tips and Odds
by Guy Bruhn - 2/7/2021
The Washington Wizards are set to go head to head with the Chicago Bulls at United Center on Monday, February 8, 2021. The spread on this contest has Chicago as 3.5-point favorites. The O/U opens at 222.5. This report includes betting odds and our expert NBA picks for todays game.
Minnesota Timberwolves vs Dallas Mavericks Prediction, 2/8/2021 NBA Pick, Tips and Odds
by Parlay's Pundit - 2/7/2021
The Minnesota Timberwolves are scheduled to play the Dallas Mavericks at American Airlines Center on Monday, February 8, 2021. Minnesota opens this matchup as 9-point underdogs. The over/under has been set at 222. We have included an expert pick and parlay for todays game against the spread.
Golden State Warriors vs San Antonio Spurs Prediction, 2/8/2021 NBA Pick, Tips and Odds
by Tony Sink - 2/7/2021
The Golden State Warriors are set to go head to head with the San Antonio Spurs at AT&T Center on Monday, February 8, 2021. San Antonio opens this matchup as 1.5-point favorites. The total opens at 233. This Matchup report includes Vegas odds and a free basketball pick for tonight.
Cleveland Cavaliers vs Phoenix Suns Prediction, 2/8/2021 NBA Pick, Tips and Odds
by Guy Bruhn - 2/7/2021
The Cleveland Cavaliers are on the docket to meet the Phoenix Suns at PHX Arena on Monday, February 8, 2021. Cleveland opens this contest as 3-point dogs. The total has been set at 221.5. This games report has current odds, betting trends, and free picks against the spread.
Oklahoma City Thunder vs Los Angeles Lakers Prediction, 2/8/2021 NBA Pick, Tips and Odds
by Parlay's Pundit - 2/7/2021
The Oklahoma City Thunder are scheduled to play the Los Angeles Lakers at STAPLES Center on Monday, February 8, 2021. Los Angeles opens this game as 12-point favorites. The total has been set at 218.5. We have included an expert NBA pick and parlay for todays game ATS.
Milwaukee Bucks vs Denver Nuggets Prediction, 2/8/2021 NBA Pick, Tips and Odds
by Josh Schonwald - 2/7/2021
The Milwaukee Bucks are scheduled to play the Denver Nuggets at Ball Arena on Monday, February 8, 2021. The spread on this contest has Denver as 1.5-point favorites. The O/U is set at 227. This matchup report has Vegas lines and an expert NBA basketball pick for your daily winner.
Miami Heat vs New York Knicks Prediction, 2/7/2021 NBA Pick, Tips and Odds
by Guy Bruhn - 2/6/2021
The Miami Heat are scheduled to go head to head with the New York Knicks at Madison Square Garden on Sunday, February 7, 2021. The odds on this game have Miami as 6-point favorites. The over/under has been set at 227. This report includes betting odds and our expert NBA picks for todays game.
Washington Wizards vs Charlotte Hornets Prediction, 2/7/2021 NBA Pick, Tips and Odds
by Josh Schonwald - 2/6/2021
The Washington Wizards are scheduled to take on the Charlotte Hornets at Spectrum Center on Sunday, February 7, 2021. Washington opens this game as 2.5-point favorites. The total is set at 220.5. This matchup report includes betting lines and our pick of the day for this game.
Utah Jazz vs Indiana Pacers Prediction, 2/7/2021 NBA Pick, Tips and Odds
by Tony Sink - 2/6/2021
The Utah Jazz are on the docket to take on the Indiana Pacers at Bankers Life Fieldhouse on Sunday, February 7, 2021. Indiana opens this matchup as 3.5-point underdogs. The total opens at 223. This matchup report includes odds, betting trends and a free pick against the spread.
Boston Celtics vs Phoenix Suns Prediction, 2/7/2021 NBA Pick, Tips and Odds
by Parlay's Pundit - 2/6/2021
The Boston Celtics are on the docket to go head to head with the Phoenix Suns at PHX Arena on Sunday, February 7, 2021. Boston opens this matchup as 3.5-point dogs. The over/under is set at 225.5. We have included an expert pick and parlay for todays game against the spread.
Sacramento Kings vs Los Angeles Clippers Prediction, 2/7/2021 NBA Pick, Tips and Odds
by Tony Sink - 2/6/2021
The Sacramento Kings are on the docket to meet the Los Angeles Clippers at STAPLES Center on Sunday, February 7, 2021. Los Angeles opens this matchup as 8.5-point favorites. The total has been set at 233. This Matchup report includes Vegas odds and a free basketball pick for tonight.
Brooklyn Nets vs Philadelphia 76ers Prediction, 2/6/2021 NBA Pick, Tips and Odds
by Parlay's Pundit - 2/5/2021
The Brooklyn Nets are scheduled to play the Philadelphia 76ers at Wells Fargo Center on Saturday, February 6, 2021. Philadelphia opens this contest as 1.5-point favorites. The over/under opens at 228. We have included an expert pick and parlay for todays game against the spread.
Minnesota Timberwolves vs Oklahoma City Thunder Prediction, 2/6/2021 NBA Pick, Tips and Odds
by Parlay's Pundit - 2/5/2021
The Minnesota Timberwolves are on the docket to take on the Oklahoma City Thunder at Chesapeake Energy Arena on Saturday, February 6, 2021. The odds on this matchup have Minnesota as 2-point favorites. The O/U has been set at 219.5. We have included an expert NBA pick and parlay for todays game ATS.
Detroit Pistons vs Los Angeles Lakers Prediction, 2/6/2021 NBA Pick, Tips and Odds
by Josh Schonwald - 2/5/2021
The Detroit Pistons are on the docket to take on the Los Angeles Lakers at STAPLES Center on Saturday, February 6, 2021. Detroit opens this matchup as 10.5-point dogs. The over/under opens at 224.5. This matchup report includes odds, betting trends and a free pick against the spread.
Toronto Raptors vs Atlanta Hawks Prediction, 2/6/2021 NBA Pick, Tips and Odds
by Tony Sink - 2/5/2021
The Toronto Raptors are scheduled to take on the Atlanta Hawks at State Farm Arena on Saturday, February 6, 2021. Toronto opens this matchup as 2.5-point underdogs. The total is set at 223.5. This Matchup report includes Vegas odds and a free basketball pick for tonight.
Denver Nuggets vs Sacramento Kings Prediction, 2/6/2021 NBA Pick, Tips and Odds
by Guy Bruhn - 2/5/2021
The Denver Nuggets are set to play the Sacramento Kings at Golden 1 Center on Saturday, February 6, 2021. Denver opens this matchup as 4-point favorites. The total is set at 230. This report includes betting odds and our expert NBA picks for todays game.
Chicago Bulls vs Orlando Magic Prediction, 2/6/2021 NBA Pick, Tips and Odds
by Josh Schonwald - 2/5/2021
The Chicago Bulls are set to take on the Orlando Magic at Amway Center on Saturday, February 6, 2021. Chicago opens this game as 1-point favorites. The total opens at 223.5. This matchup report includes betting lines and our pick of the day for this game.
Memphis Grizzlies vs New Orleans Pelicans Prediction, 2/6/2021 NBA Pick, Tips and Odds
by Guy Bruhn - 2/5/2021
The Memphis Grizzlies are set to play the New Orleans Pelicans at Smoothie King Center on Saturday, February 6, 2021. Memphis opens this contest as 2-point dogs. The O/U has been set at 226. This game report has an NBA basketball pick, betting odds, and trends for tonights key matchup.
1 234567891011 ... 444 Next >>Please note that the NBA picks above for tonight's games are not computer based picks. All of these articles are written by our talented staff. If you have any comments or suggestions please email service@docsports.com
NBA Picks
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NBA Picks Against the Spread
Most NBA bettors are going to make NBA picks against the spread. This is also known as NBA picks ATS. Sportsbooks give each NBA team a handicap of X amount of points. That means if books think the Lakers are 4 points better than the Celtics they will offer a line of Lakers -4. If a Doc's handicapper has reason to believe the Lakers are much more than 4 points better, his pick against the spread would be to take the Lakers -4. This is how all bets on the spread work unless bookmakers consider both teams to be evenly matched, in which case the line is a pick, AKA pick'em. At Doc's the majority of our NBA selections are against the spread. However, there can be outstanding value on betting NBA totals.
NBA Over/Under Picks
The pace of the game, as well as which team dictates the pace, is a key factor when handicapping basketball games. When pace is an especially strong signal, it may dictate a pick on the over/under. An NBA over/under pick is another way of referring to a prediction on an NBA game point total. NBA total lines are usually well above 200 in today's NBA making them harder for the betting public to find value. For example, the 2004 Detroit Pistons team was very consistently within 5 points of the 90 they averaged. In today's NBA, greater scoring means greater variance. However, professional basketball handicappers can use this to their advantage as the sportsbooks also try to keep track of the higher scoring NBA totals. Doc's sports NBA total picks are some of the best in the business and our total prediction write-ups are insightful. Along with offering our NBA expert picks, we provide free selections that are intended to help bettors with their handicapping legwork.
NBA Parlay Picks
Parlay picks are sucker bets they say! Never bet and NBA parlay they say! Bettors that speak in these absolutes clearly haven't learned how to find value betting basketball. Sure, the payout on parlays at most sportsbooks have gone down to the point where putting two of your picks together for the sake of winning more is not a good investment. But what if your parlay picks could be made on the same game? That is called a correlated NBA parlay. Many sportsbooks offer the ability to make NBA bets against the spread and total in the same game. So if you have a great read on a game and expect one team to quit and fall behind, you may decide to make an NBA parlay prediction. At Doc's our experts will offer a free parlay pick in rare cases. It is not common because we need to find value for our customers on both lines before they move. If our parlay prediction is indeed on the same game, we need to confirm there is value regardless of the fact that you can't line shop the odds on a parlay. Both bets in a parlay must be made at the same sportsbook. If there is a free selection on the total over of -14 and under 200 it was offered knowing that those lines can be found at most Las Vegas sportsbooks and online.
NBA Playoff Predictions
Once the regular season is over the NBA tends to resemble the national football league in many ways. Bettors have much more time to make their NBA playoff picks as teams travel to each other's arenas and rest between series. Making successful NBA playoff predictions is as much about when you bet as it is who you bet on. A series might not start for days. That means an NBA spread may move quite a few points especially as the public bets closer to the action. If we see value in a playoff prediction it will rely heavily on getting the line we are quoting in said NBA pick. In the words of the great Tony George, 'We are betting numbers, not teams!' That may not be more relevant than when making picks on the NBA playoff games.
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A parlay bet is a popular form of sports wagering most gamblers are familiar with. In case you’re not, this bet is rather easy to understand. A parlay is simply a combo bet where, rather than betting several teams individually, you group them into a single wager. Using this option, the payout is greater and the risk is less, but you need all teams selected to win.
To give an example, say you’re interested this week in betting Jets -4, Patriots +3, Dolphins +2.5 and Colts -7. If your bankroll is limited to just $100, using straight wagers you’d make four separate bets of $25 to win $22.73. If you we’re feeling both lucky and in the mood to gamble, you might instead bet them all together as a four team parlay. Under the parlay option, the stakes would be $100 to win at least $1,000. To win, you’ll need to go 4-0; if one or more games push while all others win, the payout is reduced, and with any other outcome, the bet is a loss.
What happens if there’s a push in a parlay? That bet will be taken out of the parlay and the payout will be reduced as if there were one fewer team in the parlay. So if you had a 4 team parlay and you got three picks cocrrect and the other was a push, you would be paid out the odds of a 3 team parlay.
Parlay bets can be very tempting as they can offer some big payouts. See a recent parlay Kevin made at 5Dimes.eu and cashed in on!
Are Parlays Sucker Bets?
There is a general misconception in sports betting that all parlays are sucker bets. This is simply because most sports bettors are not familiar with how they work, or how to bet them properly. In this article, I’ll address parlay betting strategies, but first let’s look at parlay odds and how they are calculated.
The parlay odds at most Las Vegas sportsbooks are:
2 teams 2.6 to 1
3 teams 6-1
4 teams 10-1
5 teams 20-1
6 teams 40-1
7 teams 80-1
8 teams 150-1
Online the odds are similar, though some sites such as BetNow and MyBookie offer better odds starting with three teams and up. What’s important to note is that these are fixed odds based on a 50/50 wagering proposition. If a spread is listed at Home Team -7 / Road Team +7 this is 50/50 proposition. If, instead, the spread was Home Team -7 -105 / Road Team +7 -115, this is no longer a 50/50 proposition, and the payout will be calculated using a method bookmakers refer to as “true odds”. I’ll cover that later in this article, but first let’s take a moment to understand where fixed parlay odds are derived from.
Let’s say you decide for the next eight weeks you’re going to bet the Monday night football game, starting with a $1.00 bankroll and betting your entire bankroll each week until you go 8-0 or bust. The potential win is as follows:
Picks And Parlays Nfl
Week 1: $1.00 to win $0.91: If win total profit = $0.91 (Bankroll =$1.91)
Week 2: $1.91 to win $1.74: If win total profit = $2.65 (Bankroll =$3.65)
Week 3: $3.65 to win $3.32: If win total profit = $5.97 (Bankroll =$6.97)
Week 4: $6.97 to win $6.34: If win total profit = $12.31 (Bankroll =$13.31)
Week 5: $13.31 to win $12.10: If win total profit = $24.41 (Bankroll =$25.41)
Week 6: $25.41 to win $23.10: If win total profit = $46.51 (Bankroll =$47.51)
Week 7: $47.51 to win $43.19: If win total profit = $89.70 (Bankroll =$90.70)
Week 8: $90.70 to win $82.45: If win total profit = $172.15 (Bankroll =$173.15)
The reason parlays are often sucker bets shows up in this middle column. Had you bet these in an 8 team parlay, you’d only get paid 150 to one. Essentially, a parlay is no different than betting all in each time, only parlays generally pay much worse. However, you’ll notice the odds are not poor until you get to four teams, where the sportsbook has a whopping 31.25% advantage. Two teams pay a smidgen worse than the manual parlay (all in each time) option, where three team parlays pay a smidgen better. Rarely ever is a 2 or 3 team parlay a true suckers bet.
What Does a Parlay Pay?
Best Parlay Bets
As I mentioned earlier, fixed parlay odds vary greatly between online sportsbooks. Here is some info on which sites offer the best fixed parlay odds:
In general two team parlays pay +260, or $260 for every $100 bet. BetNow offers +264.5, and 5Dimes.eu offers +264, which is better than the +260 most betting sites offer.
3 team parlays pay 6/1 or $600 for every $100 bet. BetOnline.ag is the leader in the industry in 3 team parlay payouts.
This is the area where betting sites generally hurt the sports bettor, paying only 10 to 1, which gives them a 31.25% advantage. This can be avoided when betting at BetNow where the payout is +1228.3, or at 5Dimes where it is +1228.
Generally speaking, parlaying 5 teams or more teams is not a good idea; however, for sports gamblers looking for a lotto ticket, 5dimes.eu and Bookmaker.eu each offer up to 15 team parlays and have by far the best odds in the business on these.
How much does a 15 team parlay pay? A 15 team parlay will pay out over +16,000. I just tested this out and a $1 15 team NFL parlay at -110 odds will payout $16,306. Good luck hitting on that!
True Odds Parlays
1 Earlier, I mentioned fixed odds are only given when all selections are 50/50 propositions. If one side of a line requires a greater stake than the other to yield the same payout, this is not a 50/50 proposition, and the bookmaker will now use “true odds”. What’s important to note is that true odds doesn’t actually mean the “true odds” of winning. Rather, true odds pays the same as if you bet each team individually and rolled the profit forward each time, which is what I showed in the example of 8 all in bets starting with a $1.00 stake.
To calculate true odd parlays, each bet first needs to be converted into a multiplier. To do this, take what a winning ticket would return and divide it by the amount risked. For example, at -110 a $110 stake returns $210 ($110 stake + $100 win). Calculating the multiplier as return/risk here, we plug in 210/110, which means the multiplier is 1.91. If we did the same on -115, the multiplier is 215/115=1.87.
Let’s say you’re in the mood to gamble on an 8 team parlay, but the only out available to you is a bookmaker paying 150-1 fixed odds. A trick of the trade here is to include one bet that is priced differently than -110 in order to force the bookmaker to use true odds. So, let’s say you make 7 selections priced at the standard -110 pricing and one at -115. A true parlay calculates by multiplying each modifier together. The math is 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.87, which equals 173.41. This bet returns 173.41 times the stake, which includes the risk amount, so the bet is 1 to win 172.41. Notice this is significantly better than the fixed odds payout of 1 to win 150 on an 8 team parlay. In short, the trick of the trade when dealing with poor fixed odds is to simply add one team to the parlay that is priced differently than the standard -110.
As you can now see, if you know how to bet parlays properly, they are not always sucker bets. There are, however, a few reasons that parlays are generally not a good move. I’ll cover these, and then cover the times it does make sense.
Top Reasons to Avoid Parlays
1) Progressive betting systems are generally regarded as poor strategy for both bankroll management and bankroll growth. Professional bettors make wagers based on their quantified edge per game. While the math can work out, doing the math for proper bet sizing on a parlay is a lot of added work with little to no upside for most sports bettors.
2) Parlay bets have higher variance than straight bets. Here you’re getting the same odds, but your chance of hitting a dry spell is greatly increased. When the odds are the same it is most often better to go with the lower variance option, which in this case is straight wagers.
3) Line Shopping – Sports bettors maximize their profit by always shopping for the best price. For example, finding -4 when other sites are -4.5, and finding reduced vig options such as -104 instead of -110. When betting parlays, you’ll need to find the most favorable odds for each team at a single betting site. This scenario is rare, so generally you’ll end up with better odds by making straight wagers at multiple betting sites.
Parlays That Make the Most Sense:
Reduced Juice – BetOnline.ag offers 6.5 to one on three team parlays. This comes out better than betting sides at the -105 price standard reduced juice sports books offer. In sports such as NFL football where 50/50 wagering propositions are common, a sports bettor gets far superior odds by betting 3 team parlays at BetOnline.
Correlated Parlays – If a bookmaker was offering betting lines on both “will it be cloudy today?” and “will it rain today?”, if allowed, you’d be much better off betting either both as no, or both as yes, in a parlay bet as opposed to straight wagers. While this is a simplified example, there are plenty of times when outcomes are correlated in sports betting. For example, a handicapper might determine that if one team covers the spread, the game is more likely to go over or under the posted total. Also, during the final week of the NFL season, a certain team winning or losing the day game might result in a previously important night game now having no meaning in the playoff race.
Free Play Bonuses – Several online betting sites, for example BetNow, offer players free bets based on the size of their initial deposit. Free play bonuses are not the same as cash. The difference is that a bet made with cash returns both stake and win, where a bet made with a free play returns only win. Parlays allow you the chance to use the same free play more than once, because a parlay really is only a wager that continues to place stake+win on the next selection. Remember, fixed odd three team parlays pay a little better than true odds. So when using free plays to bet 3 team parlays, you’re getting slightly better odds, and also a chance to apply that free play stake to three different bets. This is common knowledge that 3 team parlays are a great use of free play bonuses.
Best Parlay Bets Week 12
Circumventing Betting Limits – I’ll warn you upfront that betting sites do not take kindly to this, and it might get you banned. The basic idea here is, say you find a parlay with monster value in a small market with low betting limits. Let’s say a woman’s field hockey line opens at +150 when it should be +100. Here making ten unique two-team parlays, using the +150 bet with a random -110 each time might be advantageous, as on average you’ll get down 5 times the max bet. At -110 juice the expected ROI is less, but to get the maximum amount down on line of significant value, it might make sense. While personally I rarely use this strategy online, I do attempt to get away with it in Las Vegas from time to time. This takes a little bit of acting, such as starting to walk away from the cage and then saying wait, also give me… Know this: It is a trick of the trade advantage players use that is not for novice bettors.
This concludes our article on parlay betting. As a final tip: if you enjoy using parlays as a lottery ticket, www.Bovada.lv runs a $10,000 weekly parlay jackpot during football season, which is an added bonus on top of what a $5 stake pays on a 10 team parlay win. To learn more, see the promo section at www.Bovada.lv. If nothing else, this article gives you some great conversation material next time someone in the sports bar says, parlays are for suckers. Hopefully, it ends up being much more than that, adding extra winnings to your bankroll. Either way, we wish you the best of luck.
Other Advanced Sports Betting Strategy Articles:
» Teaser Betting Strategy
» Prop Betting Strategy
» How To Get Max Value When Betting