Progressive Parlays
Don't know what progressive parlays are?
It's actually quite simple, make your picks and even if they don't all come in - you still WIN!
A Progressive Parlay is very similar to a normal parlay, except for one thing: in exchange for not getting as big a payout for picking a perfect combination, you are getting insurance for those occasions when one or more or the teams in your parlay loses.
These can be between 4 and 12 teams but you can only choose point spreads (no totals or moneylines). In these parlays you can lose games and still win the bet because the payouts are lower.
4 - 6 teams... you can afford ONE team to lose/push
7 - 9 teams... you can afford TWO teams to lose/push
10 - 12 teams... you can afford THREE teams to lose/push
The Progressive Parlay Payout Table
| |
All selections win
|
1 loss
|
2 losses
|
3 losses
|
|
4 Teams
|
5/1
|
1/1
|
--
|
--
|
|
5 Teams
|
11/1
|
2/1
|
--
|
--
|
|
6 Teams
|
20/1
|
7/2
|
--
|
--
|
|
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
|
Please note that Progressive Parlays also differ from regular parlays in the following ways:
- Progressive parlays are not available for MLB, NHL or money-line wagers in football or basketball.
- In a Progressive Parlay, a push or a tie is considered a loss for that selection. However, if a selection has no-action (due to postponement or cancelation), the bet will revert to the next lowest progressive parlay for payoff.
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