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Moneyline Parlay Strategy

Hockey parlays are groups of individual moneyline or point spread bets all wrapped up into one. In a parlay bet, your job is to pick the winners of several upcoming hockey games. If you get every prediction correct, you will receive a higher payout than you would have received betting on each game individually.

Betting $1000 on a -1000 moneyline returns a $100 profit and that’s a lot of money to risk for such a small reward. When considering NBA moneylines, watch for decent odds on home teams in. Parlay betting involves making multiple types of bets on the same game. For example, if you combined a moneyline bet and a point spread bet on the same game, this would be a parlay bet. These bets often offer large payouts, but they require a great deal of accuracy.

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The payouts for parlays when hockey betting online are based on the number of games you pick. You have to get every single game correct so the more games you pick in a parlay, the greater the odds you receive. A two-team parlay pays out very little compared to a ten-team parlay because the ten team parlay is so much more difficult to win.

Moneyline

Hockey Parlay Odds

Can You Parlay Spread And Moneyline

Hockey betting sites can set parlay odds at their own discretion, but a standard payout schedule exists. The odds you receive on any one hockey parlay bet depend on the number of teams you pick. Here’s what you would expect to see at a typical hockey betting site:

Moneyline Parlay Strategy Definition

Number of TeamsPayout Odds
213 to 5
36 to 1
410 to 1
520 to 1
640 to 1
775 to 1
8100 to 1
9150 to 1
10300 to 1

As you can see, the online wagering odds get increasingly attractive as you add picks to your hockey parlay bets. The only problem is that it also gets increasingly difficult to win the parlay as you add more and more teams. If you predict a single hockey game incorrectly, the entire parlay loses.

If any of the games you pick somehow results in a tie, the parlay odds revert down one step. So if you have a 5 team parlay that is paying 20 to 1 and one of the games results in a tie, your payout odds would drop to 10 to 1.

Nfl Moneyline Parlay Strategy

Hockey Parlay Strategy

You will have the most success if you limit the number of teams you pick in any single parlay. When you get up to five and above, the odds really start working against you. You’ll do the best over the long run by keeping your parlay bets smaller. The big payouts are tempting, but at some point it becomes a lottery.

Money Line Parlay Strategy

By limiting your parlay picks, you also make it easier to do proper research on each game. Profitable hockey betting is quite demanding. If you stick with fewer picks, you can spend more time researching each team and coming up with stronger picks. There’s nothing wrong with going big once in a while, but you should try to limit the amount of money you risk on long shot parlays.

Moneyline Parlay Strategy Rules

Another thing you should keep in mind with parlay bets is that most sports betting sites and live bookies have rules about their maximum payout for a single bet. Make sure that your potential parlay payout does not go above those limits. If a betting site has a $100,000 single bet win cap and you win a parlay worth $200,000, guess what happens. You’re going to get $100,000 and that’s that.