Intermediate
Parlay Bets
A parlay combines two or more wagers into a single bet. All legs must win for the parlay to cash, but the payout multiplies — small stakes can return large amounts.
Example — Mixed
4-leg parlay at +1100
Patriots ML + Celtics -5.5 + Bruins over 6 + Red Sox ML — a $20 stake returns $240 if all four legs win.
How It Works at MA Sportsbooks
Parlays are offered on every Massachusetts sportsbook. Same-Game Parlays (SGPs) — popularized by FanDuel and now offered by every MA operator — let bettors combine multiple bets from a single game (e.g. Patriots win + Mac Jones over 200 yards + first TD). Most operators run weekly parlay boost promotions, increasing odds on qualifying multi-leg tickets.
Pros
- Massive payout potential from small stakes
- Same-game parlays add same-event variety
- Operators offer parlay boost promos
Cons
- Each added leg multiplies your variance
- House edge compounds across legs
- A single losing leg busts the entire ticket
Pro Tips
- Limit parlays to 3-5 legs for the best risk-to-reward balance
- Use parlay-boost tokens — they can swing expected value positive
- Avoid mixing too many correlated legs (samegame correlation reduces payout)