There are very few sportsbooks that offer Progressive Parlays, less than a handful and you will not find these anywhere in Las Vegas. Belmont.com invented the Progressive Parlay three years ago and continues to dominate the competition in Payout Value.
How does a Progressive Parlay work? In fact, it's quite simple. In exchange for not getting quite as big a payout for picking a perfect combination, you are getting insurance for those rare occasions when one or more or the teams in your parlay losses.
Let us look at an example. An 8 team progressive parlay for $10 will payout $750 for making a perfect 8 team winning combination. If you are only able to find 7 winners then you win $100. And if you only bring home 6 winners then you will still find a winning ticket for $20.
| All Teams Won | 1 Team Loss | 2 Teams Lose | 3 Teams Lose | |
|---|---|---|---|---|
| 4 Teams | 5/1 | 1/1 | -- | -- |
| 5 Teams | 11/1 | 2/1 | -- | -- |
| 6 Teams | 20/1 | 9/2 | -- | -- |
| 7 Teams | 40/1 | 4/1 | 1/2 | -- |
| 8 Teams | 75/1 | 10/1 | 2/1 | -- |
| 9 Teams | 150/1 | 20/1 | 5/2 | -- |
| 10 Teams | 250/1 | 25/1 | 3/1 | 1/1 |
| 11 Teams | 400/1 | 60/1 | 5/1 | 1/1 |
| 12 Teams | 900/1 | 80/1 | 10/1 | 3/1 |
Take a look at the extraordinary value that Belmont.com is offering.
" Place a $10 wager on a 12 team parlay at our competitors and you win $6,000 if you get all 12 right. You lose $10 if you miss just one team.
" Place a $10 wager on a 12 team parlay at Sportsbook.com and not only do you win 50% more, or $9,000, if you get all 12 correct, but you still win $100 even if 2 of your teams lose.
Note: Progressive parlay odds are based on point spread wagering options only. The payout calculations are based on these odds. Progressive parlays are not available for MLB, NHL or money line wagers in football and basketball.
A push or a tie is considered a loss and a No-Actioned bet would revert to the next lowest progressive parlay.
2 Team Parlay - Pays 13/5
3 Team Parlay - Pays 6/1
4 Team Parlay - Pays 10/1
5 Team Parlay - Pays 20/1
6 Team Parlay - Pays 40/1
7 Team Parlay - Pays 75/1
8 Team Parlay - Pays 150/1
9 Team Parlay - Pays 300/1
10 Team Parlay - Pays 700/1
11 Team Parlay - Pays 1100/1
12 Team Parlay - Pays 1800/1
2 Team Parlay - Pays 14/5
3 Team Parlay - Pays 32/5
4 Team Parlay - Pays 27/2
5 Team Parlay - Pays 137/5
6 Team Parlay - Pays 54/1
7 Team Parlay - Pays 107/1
8 Team Parlay - Pays 210/1
9 Team Parlay - Pays 411/1
10 Team Parlay - Pays 804/1
11 Team Parlay - Pays 1570/1
12 Team Parlay - Pays 3066/1
Note: All teams in the parlay must win, if there is a tie, the wager reverts
to the next lowest number for payoff.
