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How to Do a Progressive Parlay

Wagering on sporting events in a casino can be exhilarating and if you are lucky, you can even make a profit. One popular way bettors try to win is by betting parlays. A traditional parlay bet consists of at least two bets, which are linked together. You must win all your bets on a traditional parlay to get paid off. A progressive parlay pays off even if you don't win all the bets of a single parlay. The progressive parlay payoff is lower than the traditional parlay payoff.

Instructions

    • 1

      Go to the sports book or visit online betting sites. Make a list of betting lines that you are interested in terms of wagering. Be liberal with the amount of betting lines that you normally wager on. For example, if you typically place three-team parlays, add one or two more lines to your list.

    • 2

      Make sure you know the payoffs and the progressive parlay rules. Not all casinos and sports books offer progressive parlay. the rules and odds of progressive parley in the casino where you are playing.

    • 3

      Research online websites that offer betting advice. There are numerous pay websites, but there are free websites that offer a comparison of betting lines. (See reference)

    • 4

      Examine your list of possible parlay bets and then place your bet. Most casinos will have parlay cards and pencils for the bettor to fill out and place a progressive parlay bet. If you have any questions, most sports book clerks will answer your questions, take your money and give you a receipt with your bet and potential payoffs. Check your betting ticket, or receipt, before you leave the sports book window to make sure the bet is what you want.


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