In our 'Bet of the Week' series, Tipico Sportsbook highlights some of the most notable wagers of the previous week.
A bettor in Ohio won nearly $3,000 on his first ever bet with Tipico Sportsbook, proving that beginner's luck does exist -- with some wagering skill thrown in.
On March 31, this Tipico customer wagered $40 at +7339 odds in a 7-leg parlay on a NBA regular-season game between the Cleveland Cavaliers and New York Knicks -- the customer's debut bet with Tipico.
You In? Try for a Parlay Win!
This bettor's single game parlay (SGP) consisted of 3-pointers made, rebounds and assists in all seven legs. The user won all seven legs, resulting in a payout of $2,935.64.
To top it off, the customer had it in the bag by early in the fourth quarter, so there was no need to sweat out the final result of the game.
WHAT'S A PARLAY?
A parlay is a bet that combines two or more separate outcomes for higher odds and a potentially greater payout. They can combine bets in the same game or in multiple different games.
For example, let's say Cleveland is playing Baltimore and Cincinnati is playing Detroit. It's been 27 years since the move, but it might as well been last night, and we already know you don't give a darn for the whole the state of Michigan, so you decide to take both Cleveland and Cincy as outright winners in a parlay.
Parlays can include as many bets as your sportsbook allows with each added leg increasing the possible payout. However, every leg of the parlay -- in this case, Cleveland and Cincinnati -- must win for the parlay to win. If any leg loses, the bet loses.
Like bringing groceries in on one try, each added item makes the trip a bit more risky, but that much more satisfying when it works.
Photo Credit: IMAGO / Icon Sportswire
