Now one has to take into account that the true parlay odds on a 2 team parlay at -110 (standard vigorish) is +264 roughly right around 13:5 so most bookmakers do offer fair odds on 2 and 3 team parlays.
In reality, however, if one assumes that each single game bet is a coin flip and would be expected to pay out at 1:1, the true payout should instead be 3:1, a substantial difference. For instance, a common 2-team parlay might have a payout of 13:5 if both picks are correct. NFL parlay bets are paid out at odds higher than the typical single game bet, but still below the odds. Many professional sports bettors will stay away from parlays due to the fact that the odds of hitting parlays are substantially less than what should be paid for these very hard bets. Many experienced bettors will joke and say the parlay is French for “loser”.
A NFL parlay or accumulator is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together.