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How to Build Smart Parlays for Super Bowl LX

Devavrat Kulkarni

The NFL Super Bowl is the last chance for betting enthusiasts to cash in on some bets until the new season gets underway in September. Those looking to enjoy and make some money on the side would be keen to make good use of this opportunity. 

The Super Bowl is one of the biggest sporting events in the world each year, and betting for this game is always at a high. Several authentic sportsbooks, especially FanDuel, offer various combinations and create parlays that give you a chance to earn a higher amount of money. 

Parlays, however, come with bigger risks, and if you don’t know what you are doing, parlays could also end up costing you more than individual bets. So, in this article, we will see what parlays are and how to create them to stand a better chance of winning. 

What are parlays?

Parlays, in layman’s terms, are nothing but a combination of two or more single bets (legs) tied to one wager. In order to successfully win a parlay, each leg must win. If even one leg fails to win, then the entire parlay is lost, and in return, you do not get any monetary compensation. Thus, the risk involved is greater as every leg must hit in order to win. 

However, if all legs of your parlay win, then the reward is significantly higher than if you place individual bets. This is the key reason why parlays are so popular, especially in the NFL. Additionally, parlays not only provide higher rewards, but they are also much more fun than placing just individual bets. 

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Types of parlays

Parlays can be further divided into more categories. The most popular ones are Same Game Parlays (SGP), multi-game parlays, and cross-sport parlays. An SGP is a combination of bets from a single game, for example, the upcoming Super Bowl LX between the Patriots and the Seahawks. 

A multi-game parlay consists of a combination of bets from multiple games, whereas a cross-sport parlay consists of a combination of bets across different sports, such as the NFL, NBA, MLB, etc. As this article is aimed at Super Bowl LX, we will stick only to SGP.

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How to build smart parlays

Before building a parlay, it is important to do some research and find out the strengths and weaknesses of the two teams. That will also help you get a general feel of how the game might play out. 

For example, if the opposing defense has a strong secondary but a weaker defensive unit up front and the offense has a strong O-line, then look for rushing bets and couple that with fewer passing yards for the quarterback. 

Secondly, while the payout for multiple wagers may be much higher, the risk involved is also extremely high. If, for example, you build a 4-leg or 5-leg parlay, the chances of all legs winning become slimmer than if you build a 2-leg or a 3-leg parlay. Therefore, it is wiser to build smaller parlays to have an increased chance at winning. 

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Additionally, look to add legs that carry good value. Adding a leg wherein the favorite has heavy odds may not provide much value to the overall parlay. Try to build parlays that flow together. For example, if a team tends to score big in most games, you can combine quarterback passing touchdowns Over along with spread or total points Over/Under.  

And last but not least, building a parlay with spread or moneyline in addition to an Over/Under and a player prop could be more beneficial instead of building a parlay with just player props. 

SGP Parlay example for Super Bowl LX

In order to better understand how to build a smart parlay, let us take an example from the upcoming Super Bowl matchup between the Patriots and the Seahawks, with odds sourced via FanDuel. To start things off, we will first build a 2-leg parlay as follows: 

  • Leg 1 – Total points Under 45.5: (-112)
  • Leg 2 – Sam Darnold Over 228.5 passing yards: (-110

Combined payout: +300

Now, let us add one more leg and see what difference that makes to the existing parlay. 

  • Leg 1 – Total points Under 45.5: (-112)
  • Leg 2 – Sam Darnold Over 228.5 passing yards: (-110
  • Leg 3 – New England Patriots to cover Spread (+4.5): (-108)

Combined payout: +597

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This way, we have built two different parlays that could stand a great chance of hitting. The reason for taking the Under for total points is that both the Patriots and the Seahawks boast strong defensive units that could limit scoring chances. 

Taking Sam Darnold to pass for over 228.5 yards seems like a good bet since the Seahawks quarterback has been in top form, coming off a 346-yard passing game against the Rams in the previous round. 

Finally, we feel both teams are competitively matched offensively and defensively. Even though Seattle could end up winning, we believe the result could be a close one. Thus, the third leg of the parlay is the Patriots to cover the spread.   

The above odds are sourced from FanDuel. Use FanDuel to ace your betting game in all sports!

Mandatory Credit: Kirby Lee-Imagn Images

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I am a content writer for the NFL team, and joined The Playoffs after working with Sportskeeda and NFL Analysis as an NFL writer. After starting my professional career as a French-to-English translator, working as a content writer is a new adventure for me. I started out in the sports media field for two main reasons: my love for sports in general, especially the NFL, NBA, and Tennis, as well as my passion for writing. The best part of this job is that I get to write a variety of pieces with the freedom to explore content from various angles. It also enables me to stay up to date with the sporting world, which otherwise can be difficult to do in the day-to-day grind. In a world full of chaos, sports unite and entertain like nothing else!

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