Bettor turns 10-leg football parlay into more than $704,000
For the second week in a row, a massive parlay hit at the William Hill Sportsbook in Las Vegas. Last week a bettor turned $4,000 into $442,643.40 on a seven-leg parlay and this week another bettor took home $704,072 on a 10-leg, $40,000 ticket.
The wagers were placed across college football and NFL games over the weekend and consisted of mostly moneyline favorites.
What is a Parlay?
Parlays, also known as combination bets or accumulator bets, consist of selecting two or more wagering outcomes, in which the odds for the payout of the parlay increases as you include more bets. In order to win a parlay bet, all of the wagering outcomes on the parlay must win – if one wagering outcome is a loss, the entire parlay loses as a result. Parlays make more sense for the longshot payout or for someone who has a large appetite for high-risk betting options. Additionally, when it comes to parlays, all betting options are fair game – moneylines, game totals, spreads, and even player props!