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Aug 26, 2023; Tampa, Florida, USA; Baltimore Ravens wide receiver Odell Beckham Jr. (3) and wide receiver Devin Duvernay (13) workout against the Tampa Bay Buccaneers prior to the game at Raymond James Stadium. Mandatory Credit: Kim Klement Neitzel-USA TODAY Sports
When it comes to NFL betting action, sometimes wagering on a single game doesn’t always cut it.
That’s where NFL parlays come into play. If you’re looking to maximize your odds and land a potentially bigger payout, building an NFL parlay may just become your new favorite type of bet. Most major NFL betting apps will let you build a parlay with relative ease and all the big name brands such as DraftKings and FanDuel offer them.
So if you’re ready to claim a juicy NFL betting promo and start wagering, let’s take a closer look at how you can start betting NFL parlays this season.
NFL Parlay Betting 101
Before you start hitting the parlay option on your NFL betting app of choice, you need to learn what it actually means to make an NFL parlay bet.
The easiest way to think about an NFL parlay is one large bet that is made up of several smaller bets to help you get a larger payout. These smaller bets are known as different legs of the parlay. In order for your NFL parlay to be successful, you need every leg of the parlay to hit in order for you to win the bet.
Let’s say you did a three-leg parlay with Dolphins-Chargers to go over 55 total points, the Broncos to cover -4 against the Raiders, and Odell Beckham Jr. to score the first touchdown of the Ravens-Texans game. You would need all three of those events to happen in order to collect your NFL parlay payout, and this is typically known as a multi-game parlay.
Some sportsbooks such as DraftKings have become known for their single-game parlay option and SGPx offering more recently. This basically functions the same as a multi-game parlay but all the events for your NFL parlay need to take place in a single game. Single-game parlays have become more popular as of late, but they are still not quite as common as traditional multi-game parlays.
Are NFL Parlays Worth It?
The answer to the question above is really a matter of opinion. That said, if you’re asking from a potential payout perspective if NFL parlays are worth it then the answer is generally yes.
The beauty of NFL parlays is that you can win big because the odds are increased with multiple legs. On the flipside, it’s also more difficult for your NFL parlay to hit because more things have to go right than in a single moneyline bet, for example.
If you want to dip your toes into the NFL parlay pool, it might be worthwhile starting with less legs and moving up depending on your comfort level. NFL parlays don’t need to be 10 legs with a multitude of bets in different games, they can be as simple as a two or three-leg parlay.
As someone newer to parlays in general, that’s probably a healthier comfort zone to begin with before testing your luck with massive parlays that, while lucrative if you win, are extremely difficult to cash out on. Starting small and getting a feel for NFL parlays can help you figure out how they work and also the number of legs you feel at ease betting on.
The Best NFL Parlay Betting Apps
When it comes to the best NFL parlay betting apps, you’ve got choices. The list below will give you some of the best welcome offers from the top sportsbooks in the business that you can use to make your NFL parlay bets with.
Our favorite sportsbooks for NFL parlay betting include the likes of DraftKings, FanDuel, BetMGM, and Bet365 among others. As always, make sure you bet responsibly and within your means this football season and beyond.
Following a sports journalism career with his work appearing in outlets like theScore, The Province, and VICE Sports, Patrick moved into the world of content marketing to bridge the gap between great writing and SEO success. He’s brought that same mindset to lead evergreen content efforts at SBD.