NFL Parlay Picks & Predictions

The Kansas City Chiefs are your Super Bowl 58 Champions.

Be sure to check back for the 2024-25 NFL season for our Parlay Picks & Predictions for featured games throughout the regular season, postseason and Super Bowl 59.

Don't forget to use our Parlay Calculator to see exactly what your parlay payout will be. Also, feel free to visit our Free Picks page for more tips and predictions for the rest of this week's NFL action. Finally, check out the best sportsbook bonus guide to make sure you get as many bonuses as you can.

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What Is An NFL Parlay?

A parlay, or NFL parlay, is a type of wager where you combine multiple bets into one bet slip. To win your wager, all selections must win for you to receive a payout. Keep in mind that the more selections you make on a parlay, the more risky it becomes. The more risky a bet is, the higher the payout.

This is a common bet type for many new bettors. The high payout entices bettors across the industry. We recommend keeping your parlays minimal to 2-3 picks that you feel comfortable making. You can combine a large variety of different picks for your bet slip.

Parlays can be a combination on spreads, totals, money lines, or even props. Most spreads for NFL games will sit at a price of (-110) to (-125). Adding a couple of spreads into a parlay can easily increase your odds to almost (+300).

People who love betting favorites also enjoy adding them into parlays. A strategy in the industry is taking two large favorites and parlaying them to increase your payout. When you combine two favorites at (-240), your parlay becomes even money at (+100).

How Do I Win an NFL Parlay?

There is not a foolproof answer that will win you money, but listed below are strategies bettors use to win more money when combining picks into a parlay.

2-Team Parlays

Two-team parlays are perfect for someone who is looking to increase their payout without adding large amounts of risk. Instead of hoping for 10 different teams to cover the spread, you are simply looking for two to get the job done. Typically bettors using this strategy will pick two separate teams to win on the money line. These teams are likely going to be larger favorites. This is taking two safer picks and combining them into one so you don't have to fork out all the juice.

Adding two teams on the spread, or total, is much different. A two-team parlay with both selections at (-110) odds brings your $100 wager to a payout of $264 if it hits. Both selections will then have to win for you to collect your money.

The most simple parlay can still lose. Huge favorites also get beat, so when adding large favorites to your slip, make sure you see and understand the added value. Sometimes a large favorite might increase your payout an extra $5. You need to ask yourself, is that worth the risk?

Teaser Parlays

Another fun way to spice up your NFL Sunday is by adding teasers to your slip. A teaser is simple. It moves the line by a certain number of points. Listed below is an example of a 6-point teaser:

  • Regular Line: Chiefs -7
  • 6 Point Teaser Line: Chiefs -1

When teasing a line, it moves it a certain number of points in the team you choose's favor. The Chiefs were a 7 point favorite, but when teasing them down 6 points, they now only need to cover a 1-point spread.

You can tease multiple teams and add them into a large parlay if you believe they will all cover. When teasing the lines, it also changes the payouts, so make sure to calculate correctly.

Odds Shopping

Odds shopping is when you look at multiple operators to find the best lines to add to your slip. For example below, we have listed our five preferred sportsbooks we use here at VegasInsider:

Your best selection would be Caesars at -2.5. This is why its important to line shop to find the best bang for your buck. Why lose out on a half a point because you like FanDuel better?

Line shopping just helps add value to your parlays even more. A team you thought would cover by three points now only has to cover by 2.5. That could be a different between a win and a push!

Bankroll Management

When it comes to gambling and sports betting as a whole, bankroll management is a huge topic. Specifically for parlays, you can find yourself wanting to add 10+ teams to get that $500,000 payout. Keep in mind that you should always bet within your means and set aside money you are comfortable losing.

A good limit would be 1% of your net worth. Take what you have and set limits you can manage. Do not chase bets or bet beyond your means.

What Is A Same-Game Parlay?

A same-game parlay is a combination of picks made into a parlay that is all being played in one game. Instead of choosing multiple teams to win on Sunday, you can pick three different players to go over their receiving yards in the same game.

Same-game parlays are perfect for times when you believe a team will either perform well or awful. If you believe the Cowboys will have a bad game, you can take multiple receivers to go under their receiving totals.

Same-game parlays can consist of many different bets, but it changes from operator to operator, so make sure to check with your preferred sportsbook.

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