You would then be placing 10 two-team parlays, 10-team parlay bets, 5 four-team parlay bets and a five-team parlay. If one team fails to cover, most of your 26 bets would still pay off and you. A 10-team parlay can make for a huge payout, by the way. A payout of 825 to 1 wouldn’t be unusual for such a bet, but the probability of winning that bet are bigger than that—1023 to 1. Bet $100 on a 10-parlay, and you’re looking at winnings of $82,500. This is a profitable parlay. USATSI For the second week in a row, a massive parlay hit at the William Hill Sportsbook in Las Vegas. Last week a bettor turned $4,000 into $442,643.40 on a seven-leg parlay and this week another. Jul 18, 2018 The true odds of hitting a 10-team point parlay are 1,023-1, while the payoff is generally around 600-1, so a parlay bettor is at a big disadvantage. Money line parlay payoffs are calculated on the odds of the game, so there is no advantage or disadvantage in playing them. Determine what games you will be betting on. For example, take a four-team parlay with two favorites of -140 and -220, and two underdogs of +250 and +180. Convert the odds of all favorite bets into a decimal number. Do this by taking 100 and dividing it by the line of the favorite. Add 1 to the result.

I'm sure we've all been in a situation before where we stare at the list of games and think to ourselves -- if only I could hit a nice 10-team parlay. Now, depending on the odds of the games you selected, or the amount of money actually wagered on the parlay, this bet won't necessarily make you rich, but it could offer up a very nice four- or five-digit return. The problem with hitting a parlay that size is that it's damn near impossible to do. Most experienced bettors refrain from ever making parlay bets. Thankfully, for sportsbooks, parlays will always be a staple of the betting game since there is always the potential of that one big payout every square bettor chases.

In case you are new to the industry, a parlay is a type of bet that involves two or more teams. In order for a parlay bet to be successful, each team involved must win, or cover the spread - depending on how you bet them. A parlay can also be called an accumulator or a combo bet. Parlays are the most popular bet amongst amateur bettors since it has the potential for the biggest payout.

Different Types of Parlays

A parlay can have a combination of moneyline bets , point spread wagers and even include the 'over/under' option. Some sportsbooks allow bettors to include different kinds of prop bets, half-time wagers, different sports and sometimes even futures bets .

Depending on the type or parlay you make, the payout could be minimal or significant. A lot of things go into determining the odds, but the main thing you need to know is that not all sportsbooks offer up the same odds.

Generally speaking, a two-team point spread parlay will pay about 2.5/1, while a three-team parlay pays 6/1, a four-team parlay pays 10/1 and a five-team parlay pays 20-1. Obviously, the more teams you decide to put in your parlay, the higher the odds go.

If you decided to go the parlay route with your money, you must be completely educated on the rules. Do you know what happens if one of the games in your parlay is canceled or pushes on the total or point spread? If you're reading this, I'm assuming you don't, so let me give you a better understanding.

What Happens to My Bet If My Parlay Has a Canceled Game?

Whether you are playing a point spread parlay on football Sunday, or a moneyline parlay on Tuesday's baseball card, the answer to this question remains the same; 'it depends'.

It all depends on which sportsbook you are using and what their rules are for parlays. Most sportsbooks do not punish bettors for having a canceled game on their parlay ticket. The ticket will go on as if that canceled game never existed.

For example, if you put together a five-team parlay and the fourth game on your ticket between the New York Mets and Washington Nationals gets canceled due to rain, your parlay is still live, but it just reduces to a four-team parlay and the payout is adjusted accordingly.

What Happens to My Bet if My Parlay Has a Push On it?

This is where it gets a little bit dicey, but as I said above the answer still depends on which sportsbook you use. Most sportsbooks try to avoid setting full-point point spreads such as -3 or -7 in order to be able to declare a winning and losing side. If by the off chance you can get a whole number and that game happens to fall right on that number, most sportsbooks just void that leg of the parlay and reduce the payout to the next number - which is the same procedure as above. A five-team parlay would then turn into a four-team parlay and the odds would adjust.

However, it should be noted that some sportsbooks treat pushes as losses. That means that just because you got a great number of -3 instead of -3.5, you are still needing to win by four in order to avoid losing your parlay. These parlays increase the difficulty of the wager and should be avoided at all costs.

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10 Team Parlay Hit

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Battle for L.A. ... In today's episode of the ESPN Daily podcast, host Mina Kimes talks to Ramona Shelburne about the growing feud between the Lakers and the Clippers -- and it's all due to how Kawhi Leonard pulled the greatest coup in free-agent history. Now, on the eve of what could be the NBA's next great rivalry, Ramona digs deep on the details behind Leonard's decision and the tension between him and LeBron. You can listen to the full episode right here.

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Your guide to all the action ... It's finally here! Pour one out for the NBA offseason because it's time to get back to ball. Need a refresher on the biggest trades that'll matter? Want to get up-to-date on who's on top in the competitive landscape? Unfamiliar with even the basic concept of the NBA and somehow stumbled upon this newsletter in an effort to educate yourself? You already know, we've got you. Read More

THINGS TO CARE ABOUT

SO. CLOSE. A bettor this Sunday had a 10-team parlay that was juuuust about to pay out. All that needed to happen was a Chargers victory, and considering that they were on the 5-yard line needing a touchdown to win, that seemed like a sure thing. What happened instead? Three straight failures followed by a fumble. Game over, and the bettor lost ... quite a bit of money. But that still wasn't the biggest betting loss this weekend. Blame the Bears for that one. Read More

The weirdest Week 7 in a while ... Aaron Rodgers had his best game ever. Jared Goff juked a guy. The Dolphins led for a bit! All NFL weeks have their share of strange and unusual circumstances, but Week 7 was odder than most. You might not have noticed that series of events. But you know who did? Bill Barnwell, obviously. He has a rundown of all the weirdness. Honestly, we're a little disappointed this didn't happen next week, so we could use a lot of SPOOKY Halloween puns. Like ... Bill BOOrnwell. Eh? Eh? We'll workshop this and get back to you. Read More

Investing in a player's contract? Spencer Dinwiddie is doing something a little odd with his current contract. For the low, low price of $150,000, you can invest in Spencer Dinwiddie as a kind of debt security, which would allow you to kind of cash in on him when he makes good on his potential. Confused? So are we. We didn't go to school for this type of thing. Fortunately for you (and us), there's a pretty good explanation, in case you have a spare couple hundred thousand dollars that you don't know what to do with. Read More

THINGS TO WATCH

OVERHEARD

'I watched Pokemon for five hours.'

-- Nikola Jokic, on what he did this weekend Read more

REMEMBER WHEN?

On this date in 2011, Michigan State upset Wisconsin on a Hail Mary from Kirk Cousins -- and not just a Hail Mary, as it was a catch off a deflected pass that the receiver was barely able to bring past the plane of the end zone. Watch

WHAT'S ON TONIGHT?

Maple Leafs at Bruins (7 p.m. ET, ESPN+); Penguins at Panthers (7 p.m. ET, ESPN+): We have two NHL matchups for you tonight, with Toronto and Boston fighting toward the top of the Eastern Conference and the Panthers looking to turn things around against a very good Penguins squad.

Pelicans at Raptors (8 p.m. ET, TNT): A few months ago, this matchup could have, in theory, featured Zion Williamson and Kawhi Leonard. Now it does not.

Nationals at Astros (8:08 p.m. ET, Fox): Max Scherzer vs. Gerrit Cole. You could not ask for a better matchup for Game 1 of the World Series than these two aces. The Nationals will be riding a wave of momentum from their surprise playoff run, and the Astros are likely still on the emotional high of Jose Altuve's series-winning, walk-off home run in the ALCS. Here's a guide to the upcoming action. Read more

10 Team Parlay Combinations

Lakers at Clippers (10:30 p.m. ET, TNT): People are already touting this as a potential Western Conference finals matchup, and no wonder: LeBron and AD vs. Kawhi and Paul George? We could be seeing the birth of the greatest rivalry of the next decade.