How Progressive Parlays Work - Sports Betting Resourses |
Progressive Parlays are the Real Payoff
There are very few Sportsbooks that offer Progressive Parlays, less than a handful and you will not find these anywhere in Las Vegas. eBets.com invented the Progressive Parlay three years ago and continues to dominate the competition in Payout Value.
How does a Progressive Parlay work? In fact, it's quite simple. In exchange for not getting quite as big a payout for picking a perfect combination, you are getting insurance for those rare occasions when one or more or the teams in your parlay losses.
Let us look at an example. An 8 team progressive parlay for $10 will payout $750 for making a perfect 8 team winning combination. If you are only able to find 7 winners then you win $100. And if you only bring home 6 winners then you will still find a winning ticket for $20.
| |
All Teams Won |
1 Team Loss |
2 Teams Lose |
3 Teams Lose |
| 4 Teams |
5/1 |
1/1 |
-- |
-- |
| 5 Teams |
11/1 |
2/1 |
-- |
-- |
| 6 Teams |
20/1 |
9/2 |
-- |
-- |
| 7 Teams |
40/1 |
4/1 |
1/2 |
-- |
| 8 Teams |
75/1 |
10/1 |
2/1 |
-- |
| 9 Teams |
150/1 |
20/1 |
5/2 |
-- |
| 10 Teams |
250/1 |
25/1 |
3/1 |
1/1 |
| 11 Teams |
400/1 |
60/1 |
5/1 |
1/1 |
| 12 Teams |
900/1 |
80/1 |
10/1 |
3/1 |
Take a look at the extraordinary value that eBets.com is offering.
" Place a $10 wager on a 12 team parlay at our competitors and you win $6,000 if you get all 12 right. You lose $10 if you miss just one team.
" Place a $10 wager on a 12 team parlay at eBets.com and not only do you win 50% more, or $9,000, if you get all 12 correct, but you still win $100 even if 2 of your teams lose.
Note: Progressive parlay odds are based on point spread wagering options only. The payout calculations are based on these odds. Progressive parlays are not available for MLB, NHL or money line wagers in football and basketball.
A push or a tie is considered a loss and a No-Actioned bet would revert to the next lowest progressive parlay.
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