During the peak fall/winter season, you could bet on an NFL moneyline, an NBA total and an NHL point spread all on the same ticket. You don’t have to wait days to find out if your bet cashes, and you can place one each night there are a few games on the sports schedule. Many sports bettors will bet on a few games in a single night for optimal parlay betting.

You usually won’t be able to bet on conflicting outcomes – rightfully so, as you would lose your parlay because all legs of your bet have to win. Your parlay can include all different types of bets – moneylines, point spreads, totals and even props and specials. What can I include in a Parlay bet?Ī parlay bet can include two or more bets on different outcomes, whether they occur in the same game, same day or same week, month or even year if you’re patient enough. Canadian citizens are used to parlays, so we expect that they will continue making these riskier bets in the future, alongside their single-game wagers. Parlay bets are great for turning a few outcomes into a big payday.

Recently, single-game sports betting was legalized in Canada – but what does that mean for the Canadians that have thrived on parlay bets for decades? This allowed provincial lotteries to offer parlay betting alongside lottery offerings, through Pro-Line style wagers. Fixing one match would be easy, but fixing three or four? Probably not going to happen. Parlay betting was allowed in Canada because the chance of someone or a group of individuals to fix several different outcomes at once would be rather difficult. The Canadian Criminal Code was updated that year to ban single-game sports betting, which left parlay betting still on the table. Parlay betting is well-known in Canada as it has been the only legal form of online sports betting offered by provincial lotteries since 1985. Parlay betting allows sports bettors to combine the odds for different outcomes or games and create a larger payout – but all legs of the parlay wager must win for your bet to cash out. Ignore this note if not based in Ontario. If located in that province, please go to Ontario Sportsbooks. Note: If based in Ontario, any content mentioning bonuses, promotions, wagering or free spins is not intended for you, following Ontario regulations.

What does parlay mean in gambling