Parlay Slots
Slot Contraption Game is a decent enough video slot from a solid software developer in Parlay Games, who along with WorldMatch have brought this title to the casino floor. The game is exceedingly easy to get to grips with, and has enough bonus icons to keep play interesting. Moreover, this is a new theme, and the graphics are of a good quality. Slots Village Casino and their sister Bingo Parlors are the only casinos we recommend running the Parlay Group game software. Slots Village has been online since 2005 and boasts an incredible 98% slot payback. They have increased their game line up with fun video slots from Pragmatic Play and Betsoft.
Parlay has a varied portfolio of games that includes classic slots, video slots, video poker, blackjack, bingo, and 6/49 multiplayer lotto. However, slots are the developer’s most admirable effort as far as design and gameplay are concerned. Parlay Games Inc. Develops and licenses flexible internet bingo and casino software products for the online bingo and interactive gaming industry. Expand your existing operation or establish a new interactive bingo community by leveraging the Parlay software suite of games and business tools. Our multi-player technology is used to power more online bingo sites than any other software provider.
Before we go any further, we need to explain what a parlay is fully.
In order to win the entire bet, you have to win each of the individual bets on your parlay. If you lose one individual bet, then you lose the entire parlay bet.
The reason is that the sportsbook will pay you out much more money for correctly picking multiple individual bets together.There is more risk in this type of bet so it should be expected that we are offered a higher reward for making this wager.
Let’s compare betting three games individually versus betting them as a parlay.
Let’s assume that each game is -110 moneyline odds.
Let’s also assume that our bankroll for these three games is $300. We’re going to look at the scenarios if we picked all three games correctly and if we only picked two of the games correctly.
If we bet the games individually, we would bet $100 per game.
Game | Bet Amount | Odds | Outcome | Profit/Loss |
Game 1 | $100 | -110 | Win | $90.91 |
Game 2 | $100 | -110 | Win | $90.91 |
Game 3 | $100 | -110 | Win | $90.91 |
Now, what would happen if we picked all three games as a parlay bet? This time, we would place a single bet of $300. We will go over how to calculate parlay payouts in the section below here, but for now, we have done the calculations for you.
The profit on this bet as a parlay would be $1787.40! Even if we only bet $100 total, we would see a profit of $595.80. As you can see, you can bet 1/3 of the amount you bet total in the individual games and still make more than double what you would betting the games individually.
At this point, a lot of people are wondering why you would ever bet anything but parlays. You can bet less and make so much more! Well, as you are probably guessing, there is more to the story.
Let’s look at what happens in our same example, except this time we only pick two out of the three games correctly. We bet the same games again for $100 each individually, and we are correct on two out of the three games.
Game | Bet Amount | Odds | Outcome | Profit/Loss |
Game 1 | $100 | -110 | Win | $90.91 |
Game 2 | $100 | -110 | Win | $90.91 |
Game 3 | $100 | -110 | Loss | ($100.00) |
If we bet all three of the games as a parlay for $300 (or $100), our profit is negative $300 or negative $100. If you get even one game wrong in a parlay, you lose the entire bet. You’ve now seen the downside to parlays.
Even if you only get one game correct betting them individually, you’re only going to lose $109. If you bet the same $300 on a parlay, though, you lose the entire $300. The risk is higher for parlays, but the associated reward is also higher.
Parlay is an online casino software provider that has been active in the gambling industry since 1996. Its headquarters are located in Burlington, Canada, but the company primarily targets the European market. It is licensed by the UK Gambling Commission and the Danish Gambling Authority, and its games are tested and certified by Gaming Laboratories International. Parlay has a varied portfolio of games that includes classic slots, video slots, video poker, blackjack, bingo, and 6/49 multiplayer lotto. However, slots are the developer’s most admirable effort as far as design and gameplay are concerned. Even though some are based on generic concepts and simple, 2D designs, there are also a few that stand out from the crowd as far as features and bonuses are concerned.
For example, Get Cracking, Parlay’s farmyard based 9-payline video slot has a couple of interesting bonus games, namely Sizzling Bonus and Get Cracking. The former requires players to fry three eggs to redeem their bonus prize, while the latter has them shoot eggs with a catapult to receive bonuses. Casino operators can choose from a wide array of mobile-optimized themes for mobile casinos, together with branded apps for social media marketing purposes. This gives every online casino the ability to design its own space and attract players with the help of various perks.
There are 3 Parlay casinos on CasinosLists.com, and the list is updated on a daily basis. The newest Parlay casino added to our directory is Online Bingo, which offers a first deposit bonus of 200% + 20 FS.