NFL Football betting how to guide. A simple explanation of nfl football wager types. NFL Parlays, NFL If Bets.
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NFL Football

NFL Football Betting - Beginners Guide - Part 2 of 2

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This article continues our NFL Football Betting Guide, Part 1 dealt with basic NFL football bet types. Part 2 of 3 deals with If-bets and NFL football parlay bets.

NFL Football "If bets"

An If Bet increases your potential winnings and minimizes your risk by having more than one bets on one betting slip. Each bet after the first bet on the ticket will only receive action if the previous bet in the sequence was won.

An If Bet has an added advantage that if you want to make multiple bets, but do not have enough money in your betting account to pay for the second bet (unless of course you win the first bet). An If Bet will automatically place your second bet once the first bet has been won. General If Bet rules (but please check each Sport Book before you bet):

  • If Bets mostly allow 2 to 7 bets
  • If Bets must be placed before kick-off.
  • Bets are only allowed in the order of actual events
  • The first bet amount may not exceed the normal betting maximums.
  • Subsequent bets may be any amount, but may not exceed the amount of the first bet plus any winnings from preceding bets.
  • Each following bet is only placed if the previous bet has been successful.
  • If any bet in the If Win series loses, ties or if for some reason there is no action, all following bets are null and void.

Football Parlay Betting (or Multiples or Combos)

Parlays, sometimes referred to as Multiples or Combos, are great way to increase possible winnings with limited risk.

In simple terms, a parlay is a bet of 2 or more teams or events in no particular order. All teams you bet on in the parlay must win. If a tie occurs, the bet reverts down to the next lowest number for payoff. For 2 team or event parlays, this means that a tie and win becomes a straight payout.

Most Sport Books allow up to 12 selections in parlays, all sports included. This ads to betting excitement as you can make up parlays across different sports.

Please Note: Parlay bets will typically not be accepted where individual events are connected. For example, one leg of a parlay is for Tampa to beat Dallas iin the next match, with Dallas going on to win the Superbowl. The game is part of the overall league and is therefore 'connected'. In the same way, you cannot place in a parlay the under of a first half of a football game with the under of the total game.

Payoffs for Football Parlays (NFL Parlay Odds)

Events Odds (Payout)
2 13 to 5
3 6 to 1
4 11.5 to 1
5 22 to 1
6 40 to 1
7 80 to 1
8 150 to 1
9 300 to 1
10 500 to 1
11 1000 to 1
12 2000 to 1


Related Articles:
- NFL Sports Betting
- NFL Odds and NFL Spreads - A Basic Tutorial
- NFL Live Scores
- NFL Handicapping Strategies
- NFL Betting Line
- NFL Trading the Fun Way to Profit
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