After all, the probability of winning a parlay decreases the more selections you add. The 3 game parlay is popular among bettors who feel confident in their handicapping, but don’t want to take on the risk of a 4, 5, or 6 selection parlay. This lesson works off our parlay betting tutorial which offers a much longer and detailed explanation of parlay bets, house edge, and payout calculations. Point spreads, over-under totals, moneylines, and some prop bets are commonly combined to make a parlay bet. The bet wins if all selections are correct. Individual bets are also called selections. Recall that parlays combine multiple bets into one big bet. ![]() ![]() A 3 game parlay bet payout is typically 6/1, though it may vary slightly from sportsbook to sportsbook, and will also depend on whether you force a true odds calculation.
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