NBA Best Parlay Picks – July 15, 2024

Be sure to check back for the 2024-25 NBA regular season for our Parlay Picks & Predictions for featured games.

NBA parlay betting is one of the best ways to maximize your potential payout. Our expert handicappers and sharps do the legwork in looking for the best value when you're betting on pro basketball.

Don't forget to use our Parlay Calculator to see exactly what your parlay payout will be, and check out our NBA odds. Also, feel free to visit our Free Picks page for more tips and predictions for the rest of this week's NFL action.

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WHAT IS AN NBA PARLAY BET?

Any parlay is essentially a series of bets strung together into one bet. For example, let's say that you have three bets on your betslip: GSW, Miami, and Boston all to cover their spread bets. Instead of getting a potential payout if one of those bets hit, you can parlay the three bets into one bet.

If one of the "legs" (say, Miami to cover) doesn't hit, then you get nothing, but if all of your legs hit, your parlay bet payout will be higher than if you had just hit three totals bets.

Typically, fixed odds markets like totals or spreads have standard pricing, usually around plus or minus 110. Your standard three-leg parlay like the above usually pays out 6 to 1, or +600 odds. Therefore, a $100 parlay bet would net you $600 in winnings, while three totals bets at -110 would pay out about $90 each. Clearly, the parlay is the riskier option, but with the higher reward.

HOW DO I BET ON NBA PARLAYS?

Betting on NBA parlays is pretty simple with the majority of legal online sportsbooks in the US. When you're looking at your selection of lines on your preferred book, most apps and websites have an option to add legs to a parlay right on the betslip. In some cases, you can even add whatever lines you want, and simply click parlay for your bets to be strung into a parlay of two or more legs.

Isn't technology amazing? Now that your bet is right there in front of you, you'll also be able to see your potential payout based on your stake.

Now that you see how simple it is, you can head over to our selection of the best NBA betting sites for parlays and place a parlay bet!

BETTING NBA TEASERS

Teasers are bets that let you essentially buy points against the spread, also known as "teasing" the bet. If you have a spread bet that's set at +/-3.5, NBA teasers allow you to give yourself more room by placing an NBA teaser bet and adding points (for example, a +/-9.5 teaser) to the spread.

Close games are hard to come by, especially in basketball: you're a lot more likely to hit a spread bet if a teaser is available. Your payout will be lower than a typical spread bet, though, because you're more or less "buying" that wiggle room. This is more like a parlay than a spread bet, too, because when you place an NBA teaser bet, both teams have to cover.

WHAT ARE SINGLE-GAME PARLAYS AND HOW DO I BET ON THEM?

SGPs or single-game (AKA same-game) parlays are as they sound: they're parlay bets that are all from the same event. For example, you could do a single-game parlay, if offered, on Giannis Antetokounmpo to score 30 or more points, Khris Middleton to hit 12+ rebounds, and the Bucks to win. Simply betting each of these individually would offer a certain payout, but stringing them into a single-game parlay would pay out more. Usually way more.

The best NBA same game parlays can be found on providers like FanDuel, BetMGM, and Barstool Sportsbook. You can use VI's FanDuel promo code to get potential bonus offers when you place this kind of bet.

HOW DO I WIN MY NBA PARLAY BETS?

While we can't say there's a winning strategy to betting, there are always ways to improve your chances of making a correct pick, and it usually boils down to being informed:

  • Use the picks we provide. Our expert handicappers and sharps spend their time researching value in NBA bets, looking at team and player performance over time, injury reports, the works. Simply put, our experts are putting in the work every day to analyze and spot the best potential in the National Basketball Association.
  • Do some window shopping. All the best NBA betting sites let you look at the line pricing and even put together a dummy betslip without ever spending a dime. Whether you're buying a new crockpot or you're looking to spend your hard-earned money with a sportsbook, shopping around is a good idea.
  • Bankroll management is always key. "Winning" at betting doesn't mean hitting that one-in-a-million parlay that pays out $20k for a $100 stake. That's nice if it happens, but the real way to win is to protect your money long enough so that you don't miss out on value. If you spot a line where the book has clearly missed out on the value of an underdog, you won't be able to take advantage of it if you blew all your money on what you thought was a sure bet. Make smart bets, and protect your bankroll through promotions, smart bet amounts, and not making wild swings.
  • Parlay low payout favorites into high payout bets. If you've got the Cavs at -250, your $100 bet is only going to pay out $40 if it wins. Maximize your payout by parlaying that low payout bet with a few other bets, and you're looking at a much higher payout.
  • Don't bite off more than you can chew. We all see the posts boasting 20-leg parlays and payouts in the tens of thousands, but 20-leg Hail Mary parlays should not be the majority of your bets. Take it easy, and try to stick to parlays with no more than four or five legs.