A parlay is a type of bet that combines multiple individual bets into a single wager, with the potential for a higher payout if all the bets are successful. Let’s walk through the steps of placing a parlay bet on the app using an example from the NBA.
Step 1: Select the Sport and Events
Open the Desert Diamond Sportsbook app and select the sport you want to bet on from the available options. For this example, let’s choose the NBA as the sport. Next, choose the specific games or events you want to include in your parlay bet. For instance, you could select “Los Angeles Lakers vs. Boston Celtics” and “Golden State Warriors vs. Houston Rockets” as the two games you want to bet on.
Step 2: Choose the Type of Bet for Each Event
Once you’ve selected the games or events, you’ll need to choose the type of bet you want to place for each one. You can typically choose from options such as moneyline bets, point spread bets, or total bets for each event, just like in individual bets. For example, you could place a moneyline bet on the Lakers to win and a point spread bet on the Warriors to cover a -6.5 point spread.
Step 3: Add Events to Your Parlay Bet Slip
As you make your selections for each event, the Desert Diamond Sportsbook app will automatically add them to your parlay bet slip. You can usually find the bet slip in a designated area of the app where you can review and manage your bets. The bet slip will display the details of each event you’ve selected, including the type of bet, odds, and potential payout.
Step 4: Enter Your Bet Amount
Once you’ve added all the events you want to include in your parlay bet, you’ll need to enter the amount you want to bet. Keep in mind that parlay bets require a minimum number of events to be included, which may vary depending on the sportsbook. Double-check your bet amount and potential payout before proceeding.
Step 5: Confirm Your Parlay Bet
Review your parlay bet details, including the events, bet amount, and potential payout, to ensure they are correct. If everything looks good, click or tap the “Place Bet” or “Confirm Bet” button on your bet slip to submit your parlay bet.
Step 6: Wait for the Outcome
After you’ve placed your parlay bet, all you need to do is wait for the outcomes of all the events included in your bet. For your parlay bet to be successful, all the individual bets included in the parlay must win. If any of the individual bets lose, the entire parlay bet is lost. However, if all the individual bets win, the potential payout for your parlay bet will be credited to your account.