what happens if you tie on a parlay bet

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Introduction:

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Parlay wagering is a favored method in sports betting that allows bettors to combine several picks into a single bet, which can enhance the potential return. However, ties can sometimes happen in parlay bets, leaving bettors confused about the subsequent implications.

A tie in a parlay bet arises when one of the chosen bets results in a push or draw. This scenario means that the event did not result in a victory or defeat, significantly influencing the overall outcome of the parlay. When a tie takes place, the potential results can vary based on the sportsbook's regulations and guidelines.

One possible outcome of a tie in a parlay wager is that the entire bet is viewed as a loss. In this case, despite successfully picking other outcomes, the tie renders the entire bet void, resulting in a loss of the original stake. This situation can be particularly disheartening for bettors who believed they were close to winning but ultimately lost out because of the tie.

Conversely, in certain situations, sportsbooks may allow bettors to receive their stake back if a tie occurs. Some sportsbooks have established rules stating that if a tie happens, the stake will be refunded. This scenario is generally much more favorable for bettors, as it means they won’t leave with nothing following a tie affecting the overall bet.

Furthermore, some sportsbooks might allow bettors the option to exclude the tied selection from their parlay bet, thereby converting it into a smaller, non-parlay bet. This change allows bettors to still have a chance of winning based on the other selections, even if one of them ended in a tie. However, this option may be subject to the specific policies of each sportsbook and might not always be available.

It's essential for bettors to understand how ties are typically managed by sportsbooks. Each sportsbook may have differing rules regarding how ties impact parlay bets, with some addressing them according to their specific guidelines while others may evaluate them individually. Bettors should ensure they are conversant with the sportsbook's policies to be adequately informed about the potential implications of a tie.

In summary, encountering a tie on a parlay bet can be quite frustrating for bettors, as it can influence the potential winnings of the wager. However, various potential outcomes exist, such as the entire bet being deemed a loss or the stake being refunded. Knowing how sportsbooks manage ties, as well as the possible results, can aid bettors in managing a tie situation in their parlay bets.

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