On the one hand, parlay bets can magnify winnings significantly when they hit. NBA parlay bets offer an intriguing combination of potential risks and rewards that distinguish them from regular single-game wagers.

If the NBA canceled one of the games in this parlay, sportsbooks will remove it and only grade the remaining events.

Even getting two out of three right will result in the parlay not cashing. The upside to a parlay is that the bet pays out at increased odds if all the legs win.Īs an example, if you have a three-team parlay consisting of the New York Knicks, Boston Celtics, and Los Angeles Lakers on the moneyline, you’d need to be correct on all three games. So if just one leg of the parlay loses, the whole bet loses, and you get no pay out, even if other legs win. Parlays are also known as “accumulators,” “combos,” or “multis,” and each bet in a parlay is known as a “leg.” Each must be correct for the wager to payout. What is an NBA parlay bet?Ī parlay bet is a popular wager that includes two more or bets that relies on all of them winning. In this guide we'll examine different kinds of NBA parlays and will share tips and strategies for making more informed NBA parlay picks this season. Still, there’s a bigger potential risk for losing your wager with each bet you tie into a parlay. Disney is fiercely protective of its family-friendly image, not typically associated with the world of sports gambling.Īt the time of August’s agreement, ESPN said it will use its platforms “to educate sports fans on responsible gaming” - for instance, by continuing to cover the sports betting industry with “journalistic integrity,” creating a “responsible gaming” committee within the company and developing marketing guidelines that “safeguard” fans.The NBA is exhilarating to wager on, and making NBA parlay bets can lead to large payouts.

The upcoming launch of ESPN Bet could take Walt Disney Co. In August, Penn said it sold Barstool Sports back to its founder Dave Portnoy. In addition to the $1.5 billion licensing deal, Penn also said it would grant ESPN rights worth about $500 million to purchase shares in Penn.ĮSPN Bet is a rebranding of an existing sports-betting app, Barstool Sportsbook. Under August’s agreement, Penn’s rights to the ESPN brand will initially run for a decade with the option of extension for another 10 years. ESPN Bet was set to go live in the following states: Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia.

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