Bovada Spread Rules

When it comes to wagering on sports, there are a bunch of options that a bettor can take. Choices are plentiful. It's not just picking and choosing which sports, which game, or which player to wager on either. Certainly those are all variables that come into place. But there are other wager types that can be exploited for a nice profit as well. One of these wager types is known as a parlay.

• Bovada Spread Rules Explained
• Bovada Spread Rules Cheat
• Bovada Spread Explained
• Bovada Soccer Spread Rules
• Bovada Spread Rules Chart
• How To Bet With Bovada

What Is A Parlay?

The second spread bet, which is unique to tennis, is the set spread. When betting the set spread, instead of looking at how many games a player wins, you are looking at how many sets they win. Most matches are best of three sets, and will have a set line of +-1.5. For the most part these rules apply to all the main sports such as football, basketball, soccer, and hockey. But there are some key differences when betting against the big leagues like the NFL, NBA, and MLB. Super Bowl and Stanley Cup Betting Odds. A betting line is another terminology for point spread, which is tied to the outcome of the event.

A parlay is one of the sportsbook wager types that can be made by linking two or more individual betting lines together. Sportsbooks will typically set a maximum number on how many lines can be linked together for a single parlay. For the parlay to win, every bet made within it must be won. The more bets made within a single parlay, the higher the profit margin goes up, but then so too does the level of difficulty.

The amount of money that a bettor can stand to win on a parlay wager varies on a number of different factors. The first is how many bets are made in that parlay. If it's only two, chances are the payout will be significantly less than someone who laid down a wager with five or six outcomes needed to hit correctly. The second variable is the payout for each individual wager. For example, a payout of five lines where the favorite is taken in all of them is going to be far less than if the bettor decided to go with all of the underdogs.

How To Make A Parlay Bet + Why They Are Popular

A parlay can give players huge wins if they are able to be executed successfully, which is one of the reasons that they are so popular. Few other bets can turn little risk into a big reward like a parlay. On this page, we talk all about parlays. Find out what they are, how to bet them, what makes them popular, and many more frequently asked questions about this type of wager that can be made. Bettors who are able to understand parlays and find out how to bet them have the potential to win big on betting lines.

Types Of Parlays

For those interested in betting a parlay, there are several different types that you can take advantage of. The first kind of parlay centers on the types of individual betting lines that you choose to put into your parlay. For example, taking the moneyline on several games, whether it be for the favorite or the underdog are options. A parlay doesn't have to be all one type of betting line. For example, a parlay can be made on one game against the spread, and then another game taking the moneyline, with no spread involved. Parlays can also involve the over/under point total of the game, which is another form of a moneyline on the payout.

Of course, parlays extend further than game lines as well. Player props and team prop odds can be wagered on in this format. However, when it comes to prop odds, sportsbooks will have their own set of rules as to how many are allowed to occur on one bet, and what those parameters are. Basically, you can parlay most types of bets together, although bettors tend to stick to more normal parlays.

Teasers

The other most popular form of parlays is the teaser. Teasers are parlays that adjust either the point spread or point total in favor of the bettor, at the cost of reduced odds. Say you are making a parlay for NFL Sunday that features the Steelers -7, the Seahawks +3, and the Over of the Patriots game at 50 points, for a combined +1000 odds. Sportsbooks will offer you the ability to tease that bet a certain amount of points. The most common teaser is 6 points, so a 6 point teaser on that parlay reduces the lines to Steelers -1, Seahawks +9, and over 44 points for around +250 odds. Teasers are a great way to win while reducing your risk.

Parlay Payouts

What makes a parlay wager so appealing is the potential to win really big. There are instances where a $5 wager can profit thousands. It obviously depends on the variables we mentioned at the onset of this article. Primarily how many bets are contained within the parlay, and what those individual payouts are to add up to the parlay payout. Bettors like the idea of risking a little to win a lot, and a parlay is the best example of this. This is because a bettor can do a parlay and take favorites on the lines and still win big. A bet on large underdog in not required. Certainly to win the parlay all of the bets have to hit, which makes it difficult, but at the same time bettors have a lot of freedom.

How Much Can You Win From A Parlay?

Sportsbooks will all have their maximum limits on how much a player can win on a single parlay wager, but these are typically set very high. Parlay wagers have some of the highest profit margins and payouts of any bet made.

The amount of money that a player can win will depend on those wagers in the parlay. If a bettor is taking underdogs on a moneyline, the profit margin will be high. If they are taking favorites, it will be lower, but depending on how many bets are made in the parlay, could still be high. That's one of the fun things about a parlay as well, is that a lot of them are unique wagers.

As a bettor, you are able to make up your own parlay as you go along, where the payout will be calculated for you by the sportsbook. For example, if you were to switch those moneyline wagers to bets against the spread, it would change the payout dramatically, because the idea of the spread is to level the field. There is much more variance on a moneyline, where payouts for a parlay can be huge. A spread is a bit more grounded, but can still have high profit margins when a bettor chooses to extend the parlay by picking a number of different games or bets.

Where Can You Make A Parlay Bet?

Licensed sportsbooks in the United States have the option to bet on a parlay. Unfortunately, you have to be in either Nevada or Delaware to place those bets. However, for the majority of Americans who are not in those two states, there is good news. American sports betting sites allow U.S. users to place parlay wagers. There are many sports betting site that accepts players from the United States, which provide a legal sports wagering option.

If we must name a single place to go to make these wagers, it would have to be Bovada, and here's why:

Bovada Spread Rules Explained

The sportsbook at Bovada is a great place for bettors who are looking into wagering on a parlay. Bovada provides great options that can be parlayed together to make for massive payouts when betting on sports.

Players from the United States are accepted here, with the exception of Delaware, Maryland, New Jersey, and Nevada. Aside from that, U.S. players of legal gambling age (18 at Bovada) and in their state are welcome to wager here.

There are many other online sportsbooks that feature parlay wagering options. Bovada is certainly a top-rated one, but any of these featured betting sites below have these options as well. Check out what the options for these sportsbooks are, and how to bet them. Also note, many of these bookmakers offer teasers + pleaser wagers too!

Bovada is one of the best sportsbooks around, and, as such, is a great sportsbook for parlay betting. Parlays are a fixture of the online betting community, as everyone loves to put down 50 bucks and come out with 10 grand. Bovada is a great website for betting parlays, as their website is one of the easiest to use in the business. With the ability to click bets into your betting cart, so to speak, you can construct parlays with the greatest of ease. Beyond that, Bovada is a site that is known for being an excellent odds provider, and a generous bonus giver. Basically, you can do whatever you want at Bovada, but they are genuinely uniquely good for parlay bettors due to how easy their website is to use.

BetOnline is a single-minded website. It’s built for people who want to do one thing: bet online. It’s right there in the name. BetOnline has an astounding amount of odds and wagers available on each match, each game, each set. It has odds on anything you can think of, from pop culture to the stock market to, of course, sports. As a sports betting website, it’s one of the best, with a ton of options available to those who make BetOnline their number one choice for sports betting. Signing up is pretty easy, and they make it clear how to do so. They have a good customer service program, as well as reliable bonuses. These factors combine to make BetOnline one of the better online wagering websites around.

More FAQs About Parlay Bets + Wagering

Is A Parlay A Sucker Bet?

Conventional thought might lead to thinking that it may have been a sucker bet, but that is certainly not the case anymore. Bettors can certainly win a nice amount of money on a parlay. Now with that being said, choosing to do more bets within a parlay makes it more difficult. You don't want to overextend yourself with every parlay - that is not a smart way to wager. Parlays are quite popular though a sportsbooks these days.

What Sports Can Be Bet In A Parlay?

Most every sport will have the option to be included in a parlay, though check with the sportsbook you are visiting. They will have all of the information you need to bet a sports parlay in 2021.

Are You Allowed To Bet On Different Sports Within A Single Parlay?

Yes, you can go cross-sport with a single parlay. For example, lay down a bet on a team to cover the spread in the NFL, while at the same time tying it in with a game or two on college football, or Major League baseball.

Can You Make A Parlay With Bets Within The Same Game?

The answer to this question is both yes and no. Again, it will depend on the sportsbook you are with as to whether or not you will be allowed to do this. It can also depend on which sport you are looking into as well.

Can You Parlay First Half, Halftime + Quarter Bets?

This is along the same lines as to the bets within a same game question. The answer is yes, but it is also no. Check with the sportsbook to find out if you are able to do so.

What Happens If A Parlay Ties?

This is a common question asked, because when you are dealing with multiple wagers the likelihood of one or more bets pushing is higher. A push means that the betting line set by oddsmakers was equaled. For example, if a team favored by seven points wins by exactly seven points, it is a push, as no team covered. When it comes to a parlay, think of a bet that is pushed as just going away. If a bettor has laid down five bets in a parlay, and one of them pushes, the payout would go from five to four, and the parlay would remain alive because the bet was not a loss. The parlay is only lost when one of the wagers within it loses.

What Happens If A Bet In My Parlay Is Postponed Or Canceled?

If it happens to be that one of your wagers made within a parlay is postponed or canceled, the sportsbook will typically revert to their 'no action' policy. This is essentially the same process as a bet that was a push on a parlay. If one of the games you have is not played and there is no action on it, the number of bets within your parlay will simply be reduced accordingly. For example, if a bettor has a two-team parlay and there was no action, then it would be dropped down to just a single bet.

For years, bettors have been able to go online and wager on sports but live in-game betting has not been explained to the majority of the country. By using local sportsbooks as well as offshore betting sites, live betting allows for bettors to access odds and lines at all points of the game. Live betting is some of the most popular wager styles in other parts of the country but in the US, it is still coming into popularity. Bettors are put right in the middle of the action as things are going on, updating in real-time to formulate new and unique betting lines that have never before been seen on the matchup.

Live betting can be done on many sports these days and the list continues to grow each year. Sportsbooks are always looking to improve upon what they can allow their account holders to take advantage of. As we often do on our website, ExplainBettingOdds.com will break down how live betting works for specific sports and then recommend the best sites for betting on sports which also have live wagering in their repertoire.

What Is Live In-Game Betting

Betting live in a game at a sportsbook will take you to a separate section entirely. Here, you will be given the option to wager on games that are currently taking place, as well as check out the upcoming games on the schedule to wager.

Bovada Spread Rules Cheat

Among the wagers that can be placed covers a number of aspects. You can expect to find odds on the spread that will vary according to how the game is going. The same can be said for the moneyline and over/under point total. But outside of that there are some great props relating to games as well. These prop odds will be unique to the particular sport or game going on, because as you know sports are all very different.

How To Bet On Live Sports

The actual process of betting on live sports is not that different from making any other type of bet at a sportsbook. The only difference is that your time to bet a particular line might be limited to minutes or seconds, depending on which type of line you are wagering on. But just as normal, a bet slip is filled out and the wager is processed. The result will be known depending on the type of wager. It could be almost instant for a prop, or it could have to wait until the end of the game should you bet an alternative spread or moneyline.

In-play betting is another term to be familiar with that you will hear tossed around on this page. This type of betting is similar to live betting in that it starts up after the game gets going. But in-play betting is usually limited to outcomes like differing spreads and bets made for the second half. In general, most sports gambling sites will distinguish between the in-play odds and live betting section on site.

Live In Game NFL Betting Explained

Betting live on the NFL is one of the most popular sports to do so on. And each season more odds are being formed. Not every NFL game is available to place live wagers, but there are many that are. You can bank on Monday Night Football, Thursday Night Football, and Sunday Night Football not to mention the Super Bowl being on there. These are the nationally televised games, but others can be seen as well. As far as the live bets that can be made, it will depend on the course of the game. Props and alternative game lines are popular. In-play game odds are formed as well, which differ slightly from live betting. In-play lines can include new second half odds and total over/under wagers.

Article: How To Read NFL Betting Odds

Live NBA Betting

The NBA is one of the most fast-paced sports to bet live. It's similar in hockey in which there is plenty of non-stop action until a timeout or a commercial break. We can see a great number of live betting lines in the NBA, which can be anything as specific as game props like the next team to score, or a change in the course of the point spread. The NBA has plenty of statistics that are kept track, and player stats are a big part of the game as well. A bet on a player scoring the next basket or getting a rebound can be seen. Really there are so many options that anything seems possible, in the words of Kevin Garnett.

Article: How To Read NBA Betting Odds

Live MLB Betting Explained

MLB betting might be the best sport to wager on live arguably. It's because there are a lot of thing happening, but at a nice pace. This is where things can be wagered on such as the next pitch being a ball or a strike. Or another example might be the next hitter up getting a hit or an out, or even something as specific as how that batter will get out. But then other live bets in general can be adjusted moneylines. This is also seen with in-play MLB betting odds, where wagers from different innings reflect different moneylines. In-play bets can be made in between the innings.

Article: How To Read MLB Betting Odds

How Live Betting Works In College Football

College football live betting runs hand in hand with the NFL. But with college football, there are more games scattered over different regions, with few nationally televised games. Still, live betting sections like to formulate wagers for college football both in-play and live. In terms of in-play odds, there are adjusted game lines for the second half, as well as point spreads for quarters following the completion of the first quarter. In terms of what live betting odds are available, this is dictated by the flow of the game.

Article: How To Read College Football Betting Odds

College Basketball Live Betting Explained

Whether you are betting in the regular season or during March Madness, college basketball betting covers plenty of live betting and in-play betting. With more than 300 Division I teams, there are plenty of basketball games on the schedule. You won't have the option to be live on every one of them, but in-play odds are seen far more often. Either option puts you in the action, with live bets last only a couple of minutes generally. You can take advantage of some of the half odds at the break during a game, when oddsmakers readjust the spread depending on how the first hall went.

Article: How To Read College Basketball Betting Odds

NHL Live Betting Explained

The NHL is the most fast-paced sport to bet live, because the action rarely stops throughout the course of the three periods. In-play betting can be great for NHL bettors, as they can get in on the action throughout different points in the games, mostly during the intermission of the periods. As for live betting, odds on the next team to score are popular, but other lines can be seen as well. NHL live betting is certainly fun and kicks the tempo of the game up a notch for bettors.

Article: How To Read NHL Betting Odds

Bovada Sportsbook - Best Sports Betting Site For Live In-Game Betting

The thing that players miss out on Bovada is the live betting aspect. This feature right here is known to keep players to come back and bring other players with them to Bovada. All of the sports and the games that go on, there are always games that have interesting beginnings and endings as well. When this happens, this means that during the game the stats are crazy and prove to be a chance for players to make a lot of money with the live betting feature on Bovada.

There are other features like mobile betting that players can use to be able to get on their account but live betting during games is the one that players know is the best out of them all. This is what helps players a lot of money and a lot of money very fast getting ready for the next game. Most of the time once the game has started players will see the trend of the game and take a dive on other bets that Bovada offers.

MyBookie Sportsbook - Live In-Game Betting here for MyBookie

The one thing that players know to have is a variety of betting options. The reason for this is because they don’t want to feel like they have to bet on one specific thing and can’t take a bet that is in favor of what they like. This means that MyBookie is one of the better sportsbooks out there for players because there is plenty of different sportsbooks but MyBookie is one of the few that has multiple options and players know that once they see that this means more money can be made. The feature of live betting is one that has all of these different options.

Bovada Spread Explained

Live in-game betting is a feature where players can place their bets after the game has started. Yes, even after the game has started players can still place bets on their team or the player they want. Knowing the trend of games can help players place big bets during the game and this why most players will continue to make money over these games. They know that games can trend one way and will place a bet before it happens. This is one reason why MyBookie is so great because giving this option means that players will only find a way to profit!

Strategies For Live Betting

Bovada Soccer Spread Rules

Some bettors enjoy live betting because of the different nuances and fast-paced action. Because the betting lines and odds are always changing, finding amazing value is much more likely. For example, if you believe a team in the NFL will beat their 3.5-point spread, but they let up an opening drive touchdown to start the game, you can find a new spread better than the original wager. As the team is currently failing to cover the bet, the spread will be much better than what they were before the game started.

Bovada Spread Rules Chart

Another reason for live betting is to middle your bets. Say you bet on two NBA teams to hit the over on a line of 210 points. If at halftime, both teams already scored 130 points, the over is likely to hit. As the oddsmakers are always offering lines, they will now present bettors the opportunity to take an over/under set at a higher line such as 225 points. Now, you can take the under while live betting, leaving you a nice 15-point cushion in a possibility to win both wagers.

How To Bet With Bovada

The moneyline is the most important wager type to pay attention to during live betting. These odds signify the payout associated with making a wager but are not representative of the probability of a team winning a game. In some instances, oddsmakers overreact or have to adjust their books on the fly because of large wagers, causing fantastic opportunities. If the media has hyped a team, expect their odds to always be slightly favorable. This can allow for picking upsets to be even greater (or paying less on the favorite).