Your bet will win if every pick on your parlay ticket wins.
Hockey odds are in high demand as National Hockey League or known as NHL betting expands both domestically and internationally. Sportsbooks have addressed that with additional widely-accepted hockey betting such as Parlays, 60 minute line, Grand salami, Live/In-Game betting, Prop Bets, Futures, and Derivatives. In this article, we’ll talk about Parlays betting in particular.
What exactly is an NHL parlay?
An NHL parlay requires you to select two or more games and place a single wager. With each additional pick you include in your bet, the parlay odds increase. Given this, NHL parlays offer huge payouts but also come with a high level of risk.
The main catch in this bet is you must have a winner for each selection for it to be successful. The entire parlay bet loses if even one option in the parlay is unsuccessful.
Why bet on NHL Parlay?
This bet is for someone who is more interested in wagering on sports for fun than for long-term, serious success. As parlay betting is more of a fun entertaining type of gamble, however, they are riskier than straight bets, because it requires you more than one correct result to win. Thus, by placing a parlay wager, we take a smaller risk for a higher reward.