How to Bet Parlay on SugarHouse?
One of the well-known online gambling operators, SugarHouse sportsbook offers you to wide selection and variety of betting options. Those include teasers, money lines, parlays, props, futures, halves, and many more. Like most of you, we love parlay bets. By placing a parlay bet comes with a risk, but you can earn more. SugarHouse is one of the sportsbooks that offer the best odds for all bet types. Here is our step-by-step guide on how to bet parlay on SugarHouse.
What is a Parlay Bet?
A parlay bet allows you to place several wagers on the same ticket. In fact, it is a single sports bet with two or more selections.
Certainly, the odds are higher for parlay bets because they are more difficult to win than straight bets. In order to win a parlay bet, all your selections in the ticket must win.
A parlay bet is an exciting way to spruce up your sports betting wagers. Furthermore, it is a great way to increase the odds of your bet, hence, you receive a higher potential payout. In other words, if you use properly, parlay bets generate a lot of profit. If not, it can cause you to bust.
Want to learn more about parlay? Check our parlay guide, where we explain in detail about parlay bet.
Follow the below steps to open an account with SugarHouse and start placing a parlay bet.
1. Login or Create an account with SugarHouse
A parlay bet is a real money bet. To place a real money wager, you must have a valid online sportsbook account.
In order to create an account, you must at least 21 years of age. Creating the SugarHouse sportsbook account is simple and easy.
Simply click on our exclusive SugarHouse sportsbook link. Then click the ‘Join Now’ tab to begin the registration process. Fill the account details and personal information and also create a screen name and password. In the end, read and accept the terms & conditions and click the ‘Continue’ tab.
Finally, complete the verification process through an email sent by the SugarHouse after the registration.
As soon as the registration is successful, you can log in to your account and make the first deposit. By making a qualifying first deposit using the promo code MATCH250, you’ll receive a 100% match bonus of up to $250.
Certainly, you can use the bonus funds to bet on any sports available on the SugarHouse website.
2. Adding Wagers to your Betslip
Once you have signed in successfully, you can begin placing bets. In the middle of the homepage, you can find all live and popular sports & games. In addition, on the left side of the screen, you can find all sports available on SugarHouse.
With a lot of options to choose from, it is possible to bet on a number of different sports.
Choose a sport and select the event. Make selections by clicking the box that matches what you want to wager on. The boxes will become highlighted in dark blue, and a pop-up box with your betslip will appear to the right.
3. Set up your Parlay Bet
Usually, the betslip will default to single bets. To make your selections a parlay, all you need to do is click on the ‘Parlay’ at the top middle of the bet slip. This will display your betslip as a parlay bet and shows the odds below. Indeed, you can add as many selections as you like to your parlay bet.
Now, enter a wager amount, your betslip will display your total wager, as well as the potential payout.
The odds, markets, or availability might change as the game progresses; therefore, you should set up your parlay bet as fast as possible.
Amending your Betslip
While placing a parlay bet, you can amend your betslip as many times as you like but only before placing the bet. In fact, you can add/delete selections, or change the stake.
With making changes to your betslip, the potential payout also changes accordingly. Indeed, you can click on the ‘Clear Betslip’ tab to delete all selections on the betslip at a time. Also, you can remove each bet by clicking on the ‘x’ option beside it.
4. Place Your Bets
The last step is to place your wager. Before placing your bets, recheck all the selections along with the odds and potential payout.
Simply click the big green ‘Place Bet’ tab at the bottom of the betslip. Your parlay bet will be accepted.
Once you place your parlay, you can relax and hope for the winnings to start rolling in.
Bet Parlay on SugarHouse – FAQs
On what sports can I bet parlay on SugarHouse?
Can I bet parlay on SugarHouse mobile app?
Of course, you can bet parlay on the SugarHouse website but also on its mobile app. The process to place bet is similar to that of the desktop version.
The mobile app is available for both Android and iOS devices for New Jersey players. Whereas, for Pennsylvania, players can access only the Android app.
Can I place parlay bet on SugarHouse from anywhere in the US?
To play a real money parlay wager on SuagrHouse, you must be physically present within the state lines of New Jersey and Pennsylvania.
SugarHouse uses geolocation technology to make sure the player is present within the legal state borders.
Can I earn any rewards by wagering parlay on SugarHouse?
In addition to the first deposit welcome bonus, SugarHouse offers a rewards program. For every wager you place (even parlay bets), you can earn bonus store points and loyal level points. You can redeem these points for exciting prizes.
How to calculate parlay odds?
SugarHouse sportsbook automatically calculates the parlay odds and potential payout as soon as you add your selections to your betslip.
This is how the parlay odds are calculated:
For instance, consider two selections with odds +130 and +250 with stake $50 on both. Firstly, combine the odds to get parlay odds. Then, multiply the odds with the stake to get the potential payout.
(130/100) +1 = 2.3; (250/100) +1 = 3.5
Parlay odds: (2.3 x 3.5) -1 = 7.05, potential stake is $50 x 7.05 = $352.50.