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It was a week full of backdoor covers in the NFL. One bettor didn’t mind at all.
It was a week full of backdoor covers in the NFL. One bettor didn’t mind at all. Over the weekend, a bettor placed $50 on a 10-team parlay at BetMGM. The parlay would win $35,392.50, or about. Each selection has it’s own odds but by placing both selections in to a parlay wager, the odds increase as both selections must win. If both don’t win, you lose. In this example, if the 2 team parlay won (Both the rockets and magic won) a stake of $100 would return a payout of $300.77.
The only downside to making a parlay bet is that all wagers must hit, otherwise the entire bet is a bust. It can be a tad confusing when you’re trying to combine odds and/or determine the overall payout of your total wagers on multiple games. Enter Odds Shark’s parlay tool, a great instrument you can use before making your picks. Let's take a look at three prop bets for the AFC Championship Game you could parlay.
Over the weekend, a bettor placed $50 on a 10-team parlay at BetMGM. The parlay would win $35,392.50, or about 700-to-1 odds. It was a mix of college basketball and NFL games, and the bettor won all the college basketball games. He mostly took large underdogs:
UMass +28.5
Arkansas Pine Bluff +33
Florida A&M +20.5
Houston Baptist +34.5
North Dakota State +23.5
Houston U. +2.5
He needed to go 4-0 on NFL to win the parlay, and that’s not easy. It’s especially not easy when you are in danger of losing each of the four and somehow pull each one out in the final minutes.
Bills -4.5: Not technically a “backdoor cover” but close enough. The Bills led 27-17 in the final minute but Justin Herbert somehow completed a 55-yard desperation pass down to the Bills’ 2. For some reason the Chargers, with no timeouts, ran on their first play after the long pass. That cost them about 17 seconds and gained only a yard. Then from the 1-yard line with just a few seconds left the Chargers threw incomplete twice and Herbert was stopped on fourth down as time expired. If any of those four plays got in the end zone, the parlay loses.
Jaguars +7: The Browns led 27-19 for most of the fourth quarter. With 5:29 left the Browns failed on a fourth-and-1 at Jacksonville’s 22. The Jaguars went on a long drive. It seemed the Browns got off the field on a fourth-and-10 incompletion, but defensive end Olivier Vernon was called for a questionable penalty for initiating contact with his helmet. On third-and-2 with a little more than two minutes left, the Jaguars scored. They lost 27-25, covering the spread. Parlay still alive.
Bengals +6: The Giants took a 19-10 lead with less than four minutes left. The Bengals’ offense had not scored a touchdown all day. But a 72-yard drive that included two Giants penalties, including a roughing the passer, led to a 1-yard touchdown with a little more than two minutes to go. The Bengals lost 19-17, and the parlay was still going.
Buccaneers +3.5: The Buccaneers, playing in the late set of games, looked like the team that would ruin the 10-teamer. They trailed 17-0 in the first quarter and 20-7 at the half to the powerful Kansas City Chiefs. It was 27-10 going into the fourth quarter.
The Buccaneers got a 31-yard touchdown to Mike Evans on fourth-and-3. Still, Tampa Bay needed to keep Kansas City from scoring and get another touchdown itself. They forced a punt and a roughing the passer penalty kept their next drive going. With more than four minutes left Evans scored again and somehow Tampa Bay trailed by just 3 points. The Chiefs got some first downs but never threatened to score, and they ran out the clock on a 27-24 win and a half-point cover.
And with that fourth late NFL cover, any of which could have easily gone the other way, one bettor turned $50 into a $35,392.50 win.
That bettor can’t complain about any of his bad beats for a long, long time.
© Provided by Yahoo! Sports Mike Evans' two fourth-quarter touchdowns were a big deal in the gambling world. (Photo by Cliff Welch/Icon Sportswire via Getty Images)Here are the winners and losers from the past week in the sports betting world:
WINNERS
Gonzaga: There shouldn’t be much doubt after just one week of college basketball who the favorite is.
Gonzaga looks fantastic. They beat a good Kansas team 102-90 and then blew out Auburn 90-67. The Bulldogs look very good.
Gallery: Report Card: Handing out grades following Auburn's 42-13 loss to Alabama (SMG)
'We feel we can score on anybody,' Gonzaga forward Drew Timme said, via AP. 'We've got great coaching. If we execute our offense and move the ball and not get stymied, we feel we can score on every team.'
Of course, this being 2020, Gonzaga is dealing with positive COVID-19 tests among players and coaches, which puts their games this week against West Virginia and Baylor in some peril.
Despite looking great in the first week, Gonzaga is still +800 at BetMGM to win the title. That’s not bad for the best team in college basketball.
NFL favorites: Once again, it was a good week for underdogs. And the sportsbooks.
Most NFL bettors prefer favorites, and there wasn’t good news on Sunday and Monday. Underdogs covered eight of the 12 games during the day Sunday, then we had Seahawks-Eagles on Monday night (more on that in a moment).
“It’s been a rough stretch here for the bettors,” Jeff Stoneback, the director of trading for MGM Resorts, told Yahoo Sports.
Underdogs are a pretty amazing 100-76 against the spread in the NFL this season, according to Covers.com. You can turn a very nice profit just betting underdogs each week in the NFL, which makes some sense in this crazy season.
LOSERS
Anyone who had the Seahawks +6.5: It was a tough week for a lot of NFL bettors, and Monday night didn’t help.
BetMGM said about 90 percent of the tickets and money bet on “Monday Night Football” was on the Seahawks. The line moved from -5 to -6.5. That’s important.
If you stayed up late, you know what happened. The Eagles completed a Hail Mary on a great catch in the end zone with 12 seconds left, then instead of kicking the extra point to cut Seattle’s lead to 7 points, they went for the 2-point conversion. They got it, lost 23-17 and all of a sudden those -6.5 tickets were losers. That includes one bettor who had $500,000 on the Seahawks at -6.5.
It’s a good lesson: Always try to get the best number. Anyone who had Seattle at -5 or -5.5 isn’t sad about the result. Every half-point counts.
Virginia and Villanova hoops: Part of Gonzaga looking like the best team in college basketball already — yes, Baylor fans, we aren’t forgetting you — is that we saw two of the four consensus favorites already go down.
Virginia lost a baffling game to San Francisco as double-digit favorites. Villanova lost a strange one in overtime to a Virginia Tech team that was a 9.5-point underdog.
A week into the season, it already looks like a weird one. Hopefully the NCAA tournament happens as scheduled, because it could be more unpredictable than ever.
Back-to-back bad beats: My colleague Matt Gothard was monitoring the bad-beat scene on Saturday and he had two really rough ones.
You should never lose a bet on a 28-point favorite when a team losing by 30 fires up a 3-pointer that banks in at the buzzer. But, that’s what happened when Southern’s long heave went in against Iowa.
Iowa -28 is going to hurt for a while. pic.twitter.com/VdvC14VIbZ
— Matt Gothard (@Matty_Genius) November 28, 2020And then right after that, Stanford blocked an extra point that was great for the Cardinal, and terrible for anyone who had them as a 1.5-point favorite.
10 Game Parlay Odds College Football
Now Stanford -1.5? You have to be kidding. pic.twitter.com/PwOasOsLNb
— Matt Gothard (@Matty_Genius) November 28, 2020Sports betting can be a cruel endeavor.
More from Yahoo Sports:
Find the odds of winning your sports bet parlay with the free parlay calculator (with push) below.
How to Use the Parlay Calculator
Enter your wager amount and odds (yellow fields) for each leg of the parlay and you will see your potential profit, equivalent American and Decimal odds, as well as the implied win probability of your parlay bet.
For a single bet, enter odds in American format. A minus sign (-) indicates a favorite while a plus sign (+) indicates an underdog.
Moneyline odds are the most common bets in a parlay, however you can select any type of bet. A money line bet is a wager on which team you think will win. Therefore money line bets are the most straight forward and easiest to interpret, especially when there are multiple in a parlay.
See Your Parlay Odds with Bets that Push
You can also check the Push boxes if your bet has pushed. Checking this box will adjust the parlay odds to account for the fact that you have pushed a given bet.
A “push” or tie, means that your bet will not cause your parlay to be graded as a loss. Instead that leg of the parlay will basically be ignored when calculating the payout of your parlay.
A bet could push if you bet on a point spread or total that hit exactly. For example, if the New York Knicks were +8 against the Los Angeles Lakers and lost by exactly 8 points, that would be a push.
Parlay Payouts Chart
Number of Bets in Parlay | Fair Payout (-110 Odds) | Fractional Odds | Fair Payout on a $10 Bet | Implied Win Probability |
---|---|---|---|---|
2 Team Parlay | 3.64 | 2.64/1 | $36.45 | 27.4% |
3 Team Parlay | 6.96 | 5.96/1 | $69.58 | 14.4% |
4 Team Parlay | 13.28 | 12.28/1 | $132.83 | 7.5% |
5 Team Parlay | 25.36 | 24.36/1 | $253.59 | 3.9% |
6 Team Parlay | 48.41 | 47.41/1 | $484.13 | 2.1% |
7 Team Parlay | 92.42 | 91.42/1 | $924.24 | 1.1% |
8 Team Parlay | 176.45 | 175.45/1 | $1,764.46 | 0.6% |
9 Team Parlay | 336.85 | 335.85/1 | $3,368.52 | 0.3% |
10 Team Parlay | 643.08 | 642.08/1 | $6,430.82 | 0.2% |
Parlay Betting FAQ
How do you calculate parlay odds?
1. Convert all bets to decimal odds
2. Multiply the decimal odds of each bet together
3. Convert combined decimal odds back to American odds
10 Game Parlay Odds Poker
How much will my parlay pay?
Your parlay pay out will depend on the odds and bet amount of each leg of your parlay. You can use the parlay calculator above to see exactly how much your parlay will pay given the odds of each bet in the parlay.
How much does a 10 team parlay pay?
A 10 team parlay will pay out 643 times your wager amount assuming each leg of the parlay has -110 odds. For example, if you place a $10 bet on a 10 team parlay, your pay out would be $6,430.
What does a $20 two team parlay pay?
10 Game Parlay Odds Nfl Week 11
A $20 two team parlay pays $72.89 assuming both legs of the parlay were bet at -110 odds. This would result in a profit of $52.89.
10 Game Parlay Odds Sportsbook
What happens when a bet in a parlay pushes?
When one leg of a parlay pushes (“ties”), then that bet is essentially excluded from the parlay without making the whole bet a loss. When calculating the parlay odds, that bet will essentially be removed from the equation.
Do you need to bet the money line to bet a parlay?
No, you can parlay almost any bet type. Money line bets are the most common, however you can also include point spreads, totals, props, etc.