Four Sport Parlays are now in Play with the Beginning of the NHL & NBA Season.
The month of September was a great month for the US sports betting industry. As a number of states have already announced record-breaking handle totals for the month. The state of New Jersey just went over the $1 billion mark for monthly sports betting handle.
Parlay betting continues to be a popular choice with sports bettors. And that is only going to increase now that the calendar has flipped to October. October also means the start of NHL and NBA seasons, allowing bettors to come up with new parlay options.
Not only has parlay betting on one market become popular. But bettors are starting to see the benefit of adding legs from different sports. There is now the possibility to create a four-sport parlay, at least through the end of October.
There are still those bettors that tend to have a specialty and stick to just one sport. But there are others that aren’t afraid to bet on any market. This is the perfect time of the year for the latter group, and sportsbooks continue to offer promotions to attract this type of wager.
All of the four major sports in the US are currently at different points. Each will offer unique betting opportunities.
MLB Season Wrapping Up
There are just four teams remaining in the MLB Playoffs. They are four of the top franchises in the league. This is another factor that should attract MLB bets as the final four teams are:
Atlanta Braves
Los Angeles Dodgers
Boston Red Sox
Houston Astros.
Sportsbooks are still accepting wagers on which team will win the World Series. But the bet parlay options come from betting on each individual game. The World Series is always an event that draws plenty of betting action, and it likely will again in 2021.
Moneyline, over/under, and runline bets are the most popular when it comes to Major League Baseball. But sportsbooks will also have a wide range of prop betting opportunities available when it comes to the World Series.
Baseball has carried some states during the summer in terms of handle. And bettors might be inclined to add a World Series wager to a four-sport parlay.
NFL Action Heating Up
The National Football League is heading into Week 7 this weekend. Which means that playoff races are starting to heat up. Each game becomes a little bit more important this time of year. The league continues to have good matchups on the schedule each week.
The start of the 2021 NFL season is what is allowing these states to set new records. Especially in terms of monthly sports betting handle, and that is going to continue throughout the rest of the year. NFL is by far the biggest market in the US. Bettors won’t have any trouble, including a leg or two in four sport parlays.
Bettors have been focusing much of their attention on the NFL since the season began. But there is now time during the week to take a look at some other sports as well.
NHL/NBA Provide New Opportunities
The National Basketball Association (NBA) and the National Hockey League (NHL) have been hit hard by COVID-19 over the past two seasons. Each league is expected to get through a full year.
The NBA is another betting market that is extremely popular in the US, but the same can’t be said about the NHL. Still, with both leagues just now getting underway, bettors can take a game from each sport to create sour sport parlays.
Sportsbooks offer a wide range of NBA betting opportunities for each game of the regular season. The traditional wagers will always be popular with sports bettors, but prop betting is also extremely popular with this sport. Learn more about this type of bet with the BParlay NBA Parlay Betting guide.
Many sports bettors will likely look at some NBA prop betting options when they are trying to put together a four-sport parlay. Others will just simply stick to picking a winner because putting together a parlay already comes with plenty of risk.
NHL betting is a little bit different as there are typically just two main betting types that are preferred with sports bettors. Most of the NHL action comes on moneyline wagers or betting on the total amount of goals scored.
There is plenty of “luck” when it comes to betting on the NHL, as random bounces of the puck can influence the outcome of a game. Still, adding an NHL bet to a four-sport parlay can significantly increase the potential payout.
Again, sportsbooks are known for offering promotions centered around parlay wagers. That is only going to increase now that all four sports are underway. Even if a promotion isn’t offered, winning four sport parlays is a fun betting experience and one that is only available at select times during the year.