You might not win all the time, but Parlay betting is one way to pick up a huge payout. Parlay bets (or accumulators as they’re known in the UK) are linked bets where your winnings are staked on a series of individual bets.
If you are only interested in big payouts without risking huge sums, then Parlay betting is one of the most popular routes to go. Obviously it depends on the odds, but it’s perfectly feasible to turn a few hundred dollars into a five figure payout.
An popular option is the eight leg parlay which is what one punter invested in last week with Bovada. He placed five hundred dollars down on four Major League Baseball game. Why only four? Well you can bet both on the winner and the over/under for each game. The action took place on September 16th, and Ho K from British Columbia was on a very hot streak. Every one of his parlay bets came in netting him a $57, 779 payout from a days of worth of MLB fixtures.
There’s lots of different promotions on certain types of parlay bets, you can actually even win for just placing such a bet irrespective of the outcome. At the moment there’s a $1000 draw for any nine stage parlay bet between Thursday and MOnday but check these out before placing your betas they change regularly.
They seem complicated and risky bets, but these accumulator bets can be a method of big payouts without risking a huge stake.