Parlaying is a popular betting technique where bettors combine multiple bets into one larger bet. This type of betting can increase the potential payout if all the bets are successful, as the payout is calculated based on the combined odds of all the bets. On Fanduel, parlay betting is available for both sports and fantasy sports, and bettors can parlay future bets to potentially increase their winnings.
What is a Parlay Bet?
A parlay bet is a type of wager where multiple bets are combined into one larger bet. Parlay bets are attractive to bettors because they offer the potential for a much larger payout than single bets. The payout is calculated based on the combined odds of all the bets, so the more bets you include in your parlay, the greater the potential payout.
How to Parlay Future Bets on Fanduel
Parlaying future bets on Fanduel is a great way to increase your potential for a big payout. To get started, you’ll need to create an account and make a deposit. Once you have money in your account, you can start parlaying future bets.
Step 1: Select the Sportsbook Tab
First, navigate to the Sportsbook tab on Fanduel. This is where you’ll find all the future bets that you can parlay.
Step 2: Find the Future Bets
Once you’re in the Sportsbook tab, you’ll see a list of future bets that you can parlay. These bets include things like futures on teams to win a championship, divisions, conferences, and more.
Step 3: Select the Bets You Want to Parlay
Once you’ve found the bets you want to parlay, you can select them by clicking the box next to each bet. Once you’ve selected all the bets you want to include in your parlay, you can click the “Parlay” button to add them to your bet slip.
Step 4: Enter Your Stake
Once you’ve added all the bets to your bet slip, you can enter your stake. Your stake is the amount of money you’re wagering on the bet. Once you’ve entered your stake, you can click the “Place Bet” button to submit your parlay.
Step 5: Track Your Bet
After you’ve placed your bet, you can track its progress in the bet history section. This section will show you the status of your bet, as well as any winnings or losses.
What Sports Can You Parlay?
Parlaying future bets on Fanduel is available for both sports and fantasy sports. For sports, you can parlay future bets on a variety of sports including baseball, basketball, football, hockey, and soccer. For fantasy sports, you can parlay future bets on daily fantasy sports contests.
Benefits of Parlaying Future Bets
Parlaying future bets can be a great way to increase your potential for a big payout. As the payout is calculated based on the combined odds of all the bets, the more bets you include in your parlay, the greater the potential payout. Additionally, parlaying future bets can be a great way to diversify your betting portfolio. By combining multiple bets into one larger bet, you can minimize your risk and increase your chances of success.
Tips for Parlaying Future Bets
When parlaying future bets, it’s important to keep a few tips in mind. One tip is to pick bets that have a higher probability of success. This will give you a better chance of winning your parlay and a bigger payout. Additionally, it’s important to manage your bankroll and bet responsibly. Parlaying future bets can increase your potential for a big payout, but it can also be risky if you don’t manage your bankroll properly.
Conclusion
Parlaying future bets on Fanduel is a great way to increase your potential for a big payout. By combining multiple bets into one larger bet, you can potentially increase your winnings and diversify your betting portfolio. When parlaying future bets, it’s important to pick bets that have a higher probability of success and to manage your bankroll responsibly. With these tips in mind, you can parlay future bets on Fanduel and potentially increase your winnings.