Parlay Betting Draftkings

DraftKings took its largest parlay bet ever on Tuesday, when a bettor wagered $3 million on a three-teamer. The parlay relies on the Green Bay Packers winning the NFC North, the Georgia Bulldogs winning three SEC East and Alabama winning the SEC West. If all three of those things happen, this bettor will profit $5,579,671.

1. Parlay Betting Draftkings Odds
2. Draftkings Betting Odds
3. Nba Parlay Betting
4. Parlay Betting Draftkings Fantasy
5. Draftkings Betting Site

On Tuesday, according to DraftKings, an unidentified bettor risked $3 million on a three-leg parlay featuring the following: Georgia to win the SEC East division; Alabama to win the SEC West division; the Packers to win the NFC North division.

If successful, this bet would pay out $8.6 million, a $5.6 million net profit for the customer.

1. Nov 05, 2020 DraftKings Headquarters A Florida bettor who placed a highly publicized $3 million parlay wager is considering legal action against DraftKings after the company froze the customer’s New Jersey mobile sports betting account late last month, Sports Handle has learned.
2. DraftKings took its largest parlay bet ever on Tuesday, when a bettor wagered $3 million on a three-teamer. The parlay relies on the Green Bay Packers winning the NFC North, the Georgia Bulldogs winning three SEC East and Alabama winning the SEC West. If all three of those things happen, this bettor will profit $5,579,671.

It's the largest parlay bet that Johnny Avello, DraftKings' sportsbook director and a 30-plus-year Nevada bookmaker, has ever taken. And it's certainly among the biggest ever placed with a U.S. sportsbook -- yet it might not even have been the most interesting bet of the week.

On Thursday, a bettor at the William Hill sportsbook at Caesars Palace in Las Vegas placed a $240,000 money-line bet on heavily favored BYU to beat Texas-San Antonio straight up. The Cougars were favored by 34.5 points. To bet BYU to win outright on Saturday, the bettor had to put up $240,000 for a chance to make a $3,428.55 profit.

UTSA took an early lead and was within one possession late in the fourth quarter but ultimately lost 27-20.

The bettor won $3,400, a 1.4% return on their investment in three days. To quote from the classic poker film 'Rounders,' 'Pay that man his money.'

Parlay Betting Draftkings Odds

Another way to look at such a unique bet is, 'Holy bleep! They bet $240,000 to win just over $3,000. What the heck were they thinking?' It turns out, though, that giant money-line bets on large favorites aren't that unique in Las Vegas.

'This happens way more than anyone really thinks,' Dave Sharapan, a former Las Vegas bookmaker at CG Technology sportsbooks, said of big money-line bets placed on heavy favorites.

Details regarding the BYU bet are slim. We know the what, when and where, but not the why or by whom. Only a select few know the true thinking behind risking $240,000 for a chance to win $3,400.

Some believe it has to do with reward club points for casino comps and hotel upgrades. Others suspect something more nefarious: money laundering. A customer has illicit funds and is looking to clean the money through an unsuspecting sportsbook. But that seems unlikely -- or extremely dumb -- says Mac Verstandig, a Las Vegas attorney who specializes in gambling cases.

'If this were a laundering effort, it would be absolutely horribly done,' Verstandig said.

In the past, when Verstandig has seen instances of suspected money-laundering efforts with sports betting, he says it normally involves a team of bettors betting both sides of games on the point spread, willing to pay the typical 10% vig to eliminate the risk of the favorite losing.

'If someone had $240,000 in somewhat illicit funds, and they had a runner that could walk into a Las Vegas sportsbook without arousing suspicion with that amount, BYU, until kickoff yesterday, seemed like an incredibly safe bet, and it gets you the return of your principle into reportable, taxable income, which is what you want from a laundering point of view,' Verstandig said. 'It just sends up more red flags than a May Day parade at Tiananmen Square.'

Sportsbooks, like typical financial institutions, have to follow know-your-customer and anti-money-laundering protocols, and relationships are established with customers who place large wagers.

Sharapan didn't know the specifics of the BYU bet. But during his years behind the sportsbook counter, he saw plenty of big money-line bets on prohibitive favorites. He's seen customers carry cash into a sportsbook in a duffel bag to place big bets, but says most often they are handled with wire transfers to the casino cage or through a VIP host.

'Someone bet a house on BYU to win the game,' Sharapan said, 'and it may never occur to that person that they could lose -- until it does.'

Here is this week's edition of Notable Bets, our look at storylines from sportsbooks around the nation.

NFL

• The Raiders' upset of the Chiefs produced the biggest win Sunday for multiple sportsbooks. The SuperBook at Westgate Las Vegas said the Raiders winning outright was one of the book's most profitable games of the season so far. 'Very high-volume game, with so many money-line parlays and teasers to the Chiefs,' John Murray, executive director for the SuperBook, told ESPN.

• More money was bet on Raiders-Chiefs than any other game Sunday at sportsbook PointsBet. It was also the most profitable game of the day for PointsBet, followed by the Giants covering the spread in a loss to the Cowboys, and the Dolphins' upset of the 49ers.

Draftkings Betting Odds

• The Cardinals' 30-10 rout of the winless Jets produced one of the books' biggest losses of the day. At BetRivers sportsbooks, only 6% of the money bet on the game (point spread and money line) backed the Jets.

• Since the 2018 season, the Jets are 12-24-1 against the spread, the worst ATS mark in the NFL. They have yet to cover the spread this season.

• '[It's] basically a struggle to take a bet on [the Jets] regardless of the number,' John Sheeran, sportsbook director for FanDuel, told ESPN.

• 'Up and down' was how multiple sportsbooks described Sunday's results. 'We probably lost more games than we won with public sides like the Cardinals, Steelers, Rams, Ravens, Texans, Browns all covering,' Murray said, 'but we won the really big games.'

• The sportsbook at The Borgata in Atlantic City, New Jersey, reported taking a $100,000 bet on the Panthers +4 for the second half of their game against the Falcons. The Panthers led 20-7 at halftime and appeared poised to cover the spread in the second half before Falcons kicker Younghoe Koo made a 54-yard field goal with four seconds to play, making the final score 23-16.

• DraftKings reported taking a $5 bet on Steelers receiver Chase Claypool to score at least three touchdowns on Sunday, at 150-1. Claypool finished with four TDs, three receiving, and the bettor won $755.

• BetMGM said it took a $290,000 bet on the Seahawks -6.5 versus the Vikings in the Sunday night game.

Nearly 80% of the money bet on Vikings-Seahawks was on the Seahawks at PointsBet. The lopsided action on the Seahawks continued after kickoff, too -- PointsBet reported early live betting on them after the Vikings jumped out to a 10-0 lead. The Seahawks won the game but by just one point, 27-26.

• Vikings running back Dalvin Cook scored the first touchdown of the game against the Seahawks. FanDuel had boosted Cook's odds to +750 to score the game's first TD, a promotion that a company spokesperson said cost the sportsbook more than $1 million.

• The chances of a team being forced to forfeit a game thanks to a violation of league protocols on COVID-19 seem to increase each week. A forfeit, while recorded as a loss on a team's record, would have different impacts on season win total bets, depending on the sportsbook. Here's a couple of examples of how sportsbook rules address forfeits, but check your book's house rules:

At BetMGM, the house rules stipulate that teams must play all scheduled games for the bets in the season wins market to be honored. If a game were to be forfeited, all impacted season win market bets would be refunded.

At William Hill, a forfeited game would count as a win or a loss in terms of season win total bets.

College football

• Las Vegas sportsbook Circa Sports opened with Alabama as a 5-point favorite over Georgia in Saturday's prime-time SEC showdown in Tuscaloosa. The line grew to Alabama -7, before settling back at -5.5 on Sunday afternoon. The total on the game had more dramatic early movement, growing from the opening number of 49.5 to 55 within the first three hours after Circa posted it.

• Florida opened as a 14-point favorite over visiting LSU. That line quickly dropped to -11 by Sunday afternoon.

• Two of the three largest college football bets FanDuel accepted on Saturday were on Florida to cover the 5.5-point spread against Texas A&M: $49,000, and $25,000 on the Gators -5.5. A&M won 41-38.

NBA

• The Lakers were favored in each of their 21 playoff games en route to winning the NBA title. According to ESPN Stats and Information, they are the fourth team in the past 30 seasons to be favored in every playoff game, followed the 2016-17 Warriors, the 2014-15 Warriors and the 1995-96 Bulls.

• The amount wagered on Sunday's decisive Game 6 between the Lakers and Heat attracted a similar betting handle to an average NFL game at the SuperBook.

• The SuperBook said any money it won on the NFL on Sunday, it lost on its NBA title futures market. The Lakers attracted more bets and more money to win the NBA title than any other team by far at the SuperBook.

• 'Hats off to the bettors on this one, they bet [the Lakers] from the beginning,' Nick Bogdanovich, director of trading for William Hill U.S., told ESPN.

• The Lakers have already been installed as the favorites to win the title next season as well.

Odds and ends

• $206.8 million was bet with Indiana sportsbooks in September, the most in a month since the state authorized sports betting in the same month last year. Statewide, Indiana bookmakers finished up a net $14.2 million during the month. Bettors did get the best of the books in September at the sportsbooks at Caesars Southern Indiana (-$109,488) and Horseshoe Hammond (-$280,245). Those were the only two casinos to report a net loss on sports for the month.

Here is the breakdown by sports via the Indiana State Gaming Commission:

Football (college and pro): $48.4 million
Basketball: $34.2 million
Baseball: $30.5 million
Parlays: $50.6 million
Other: $43.1 million

• $72.4 million was bet in September with Iowa sportsbooks, who won a net $5.2 million during the month.

• A new interactive video conferencing platform centered on sports betting, BettorView Live, is prepping to launch in the U.S., showcasing betting odds, point spreads and win probabilities, and even helping place your delivery order. Think Zoom for friends wanting to watch and wager on a game together.

The BettorView Live platform, virtually toured by ESPN last week, is the result of a partnership between two tech companies, Edison Interactive (EI) and BettorView, formerly known as KonekTV. BettorView content can currently be found in 1,000 venues nationwide, and there are partnerships with restaurants and sportsbooks like Hooters and William Hill, respectively.

Ultimately, BettorView Live aims to include direct integration into sportsbook partners' betting apps, and allow for live streaming of professional sports.

“I love this new format of the three games on each day,” DraftKings Sportsbook Director Johnny Avello told TheLines this week.

And what’s not to love? An unprecedented six NFL playoff games will be played this weekend and sportsbooks are gearing up with some tremendous offers for new and existing users.

Here is a look at some of the best odds boosts and sportsbook promos for Saturday and Sunday.

DraftKings Sportsbook

New players at DraftKings Sportsbook continue to get a match of their first bet, up to $500. The site also offers a 20% deposit bonus, up to $1000.

Get started at DraftKings Sportsbook by going here.

Refer a friend and both accounts can get a free bet, up to $100.

DK has a “No-Brainer Boost” for Wild Card weekend. Players can get +100 on a touchdown being scored in any of the six games, up to $25.

Nba Parlay Betting

And here are the odds boosts for the upcoming games:

• Bills, Seahawks, and Steelers all to win: +170
• Josh Allen to record a passing TD and a rushing TD: +175
• Tom Brady to throw 3+ TDs: +180
• Titans, Saints, and Steelers all to win: +330
• DK Metcalf over 60.5 receiving yards and score a TD: +340
• Josh Allen to record a rushing TD and passing TD: +175
• Tom Brady to throw 3+ TDs: +180
• Lamar Jackson and Derrick Henry to each score a TD: +270
• Taysom Hill to score a TD: +250
• Bills, Seahawks, Buccaneers all to win: +180
• Titans, Saints and Steelers all to win: +355

FanDuel Sportsbook

Any team to win! For the NFL Wild Card round, get a 25/1 odds boost to pick any team to win in any of the six games on the slate. This offer is for new users only.

FanDuel Sportsbook features Multi-Sport Parlay Insurance. Bet a five-leg or larger parlay and if it loses, the site will offer a free bet in the amount wagered, up to $25.

Get started at FanDuel Sportsbook by going here.

Pick any NFL game and get a same-game parlay. Click the Same Game Parlay tab to build from the props, spread, and total prices. Wager three pre-game legs or more that total +200 or greater payout and if the bet loses, receive the amount wagered as a free bet, up to $25.

Here are the promoted odds boost for the weekend:

• Bills, Seahawks, and Buccaneers all to win: +190
• Extra Points For Extra Pay – Over 49.5 in Colts/Bills, Bears +10.5 and Ravens -1.5: +500
• Pat’s Picks: Seahawks -2.5, Bucs -7.5, Titans +3.5, Steelers -5.5: +1200
• Josh Allen 300+ passing yards and 300+ passing TDs: +320
• DK Metcalf to score the first TD vs. Rams: +900
• Tom Brady 300+ passing yards and Bucs win: +210

BetMGM

New players with BetMGM can get a 100% matching bonus on the first deposit, up to $50. Just use the code on the promotions page and deposit $10 or more.

Sign up for BetMGM by going here.

For BetMGM app users, make a bet of $20 or more on any single NFL game and get $10 in freeplay on live dealer games. This can be used multiple times a week but just once per day.

Opt-in to bet the First Touchdown Scorer in a game risk free. If the player doesn’t score the first TD, get back the bet as site credit, up to $20.

The site also has the Easy Parlay option to build multi-leg parlays around different games. Select the Easy Parlay icon on the main bar and select from moneylines, spreads, and totals for the week. A 4-7 leg multi-sport parlay is now eligible for up to a 40% profit boost.

Each game has the Parlay Builder option as well. Choose from a variety of pre-built three-leg parlays with differing payouts.

Here are the promoted parlays for Wild Card weekend:

• All 12 starting QBs to record 1+ passing TD: +170
• Saints and Titans both to win: +210
• Any Wild Card game to go overtime: +250
• Bills and Rams both to win: +260
• Any of the six Wild Card (winners) to win Super Bowl LV: +300
• Ravens and Browns both to win: +333
• Colts and Buccaneers both to win: +340
• Seahawks and Washington both to win: +550

FOX Bet

New players at FOX Bet get their first bet risk-free. If the wager loses, the amount bet will be offered as site credit, up to $500.

Parlay Betting Draftkings Fantasy

To sign up for FOX Bet now, go here.

Draftkings Betting Site

New players can also make a deposit and get +500 odds for the Seahawks or the Steelers to score a point in the game. Bet up to $20 and get 5x return in free bets for the site.

The site now features a build-a-prop option for individual games. Select a game, click the build-a-prop option, and choose from the selected elements.

Each game has a set of Bet Boosts. Check the site and peruse the options.

Follow @FoxBet on Twitter, Instagram, and Facebook to get a chance to win a $100 free bet every Friday morning at 10 AM EST.

Bet a three-leg parlay (-200 odds or better on each leg) for $10 or more Monday through Friday and get an instant $5 free bet. Opt-in to get started on this once a week offer.

FOX Bet has the following boosts for this weekend:

• Triple your money – Bills, Seahawks, Bucs all to win: +200
• 4x your money – Josh Allen, Russell Wilson and Tom Brady 2 or more passing TDs: +300
• TY Hilton and Robert Woods 200 or more combined receiving yards: +1200

PointsBet

New players at PointsBet get a risk-free bet up to $500 on fixed odds and a risk-free bet up to $500 on any Pointsbetting market. Losing bets will be repaid in site credit.

No Juice Wild Card Weekend! For the first round of the NFL Playoffs, PointsBet is offering No Juice on all NFL Wild Card spreads. This means you can bet all of the game’s spreads at +100 odds.

To take advantage of PointsBet’s fabulous offers, go here.

Refer a friend to get $50 for each account. Send the unique link to start the sign-up process to get the bonus.

The site now features single-game parlays for all NFL action. Select a game, click Single Game Parlay, and go through the traditional and Pointsbetting options.

Starting Friday, the site will offer “no-vig” spread bets. Select a game and get +100 prices for all six of the Wild Card games.

• For the Colts vs. Bills game Saturday and the Ravens vs. Titans game Sunday, players can get in-game play matched. Bet $50 in-game for a $25 free bet or bet $100 in-game for a $50 free bet.

Bet Rivers

Take advantage of BetRivers’ offers by signing up here now.

BetRivers has the following odds boosts for this weekend’s games:

• Over 34.5 combined total touchdowns score in NFL Wild Card weekend games: +100
• Over 1.5 combined total defense/special teams TDs scored in NFL Wild Card weekend games: +160
• Any player to score 3+ TDs in NFL Wild Card weekend games: -286