Same-game parlays (SGP) are bets that feature all bet selections from a single contest. If you lose even one leg in your parlay, the entire bet will be graded as a loss. Parlays can be profitable, but they are not easy to cash. Therefore, a parlay with two bet selections is called a 2-leg parlay, whereas a parlay with seven bet selections is called a 7-leg parlay. In some regions, a parlay bet will also be referred to as an accumulator bet or a multi-bet.Įach bet selection in your parlay is called a leg. A parlay bet combines multiple bet selections into a single betting ticket. If you are not familiar with a parlay bet, I will simplify it for you.

For many of us, the Madness is a chance to build multi-leg parlays, adding even more excitement to an already exciting couple of weeks.īelow, we dive into the March Madness tournament with a specific focus on March Madness parlay betting. The March Madness tournament provides tremendous opportunity for bettors of all skill levels and experience. Parlays are a terrific way to wager a small sum of money and chase a much larger payout.

With ample games stuffed into a small time frame daily, sports bettors are flying high, and betting tickets are printed at a rapid pace. However, as big as the Super Bowl is each year, the March Madness tournament can be just as captivating, and with 68 teams competing, the tournament lasts a lot longer than the 200 minutes a Super Bowl takes to play out. The NFL and its Super Bowl are probably the world’s most popular single-day sporting event. Numerous events take over the sports world as they happen.Īnd if the sports world is captivated by such an event, we also know that the sports betting space is not far behind.

College basketball moneyline parlay