Super Bowl Parlay Bets 2024: How to Build NFL Parlays, SGPs & Best Parlay Picks

With Super Bowl 2024 right around the corner, we have you covered with a look at how to bet Super Bowl parlays and SGP wagers using the best NFL odds.

There is no shortage of ways to bet on this year's Super Bowl, from wagering on the latest Super Bowl odds to diving into the seemingly endless Super Bowl player props. But none offer quite the allure and potential payout of a Super Bowl parlay.

Typically, parlays aren't the most profitable way to bet on the NFL, and that doesn't change once the Super Bowl comes around. That said, it can be an entertaining way to add extra stake to the bets you've already made, or to put together a "script" for the big game with a massive potential payday if all goes to plan.

Along with our Super Bowl predictions and our best free Super Bowl betting contests, here's a look at how to build a Super Bowl parlay.

Super Bowl parlays 2024

We're still waiting on the final matchup for Super Bowl 58, though our NFL predictions for Championship Sunday expect the San Francisco 49ers and Baltimore Ravens to meet in Las Vegas on Feb. 11.

Regardless of who is left standing after this weekend, we'll update this section with the best same-game parlay bets and odds to consider when building your own SGP.

Best Conference Championship parlays

In the meantime, here's a look at how a potential parlay would work at DraftKings for the Conference Championship Round. To be clear, this is just for illustrative purposes and is not a suggested wager; if you do bet this, do so for entertainment purposes only!

NFL parlay betting sites, which feature the best sportsbook promos for January.

How Super Bowl parlays work

The process for building a Super Bowl parlay is the same as how to bet on parlays for any other game: by combining multiple wagers into one parlay slip, you increase your odds and potential payout but risk losing the entire bet if any one bet fails.

The difference this time of year is the sheer volume of odds and available wagers among our best Super Bowl betting sites, which offer thousands of potential bets to string together into one parlay slip. That allows you plenty of options to put together a same-game parlay (SGP) based on what you expect to happen on Super Bowl Sunday.

how to bet on the NFL before putting together your first NFL parlay or SGP.

Building a Super Bowl parlay

The key thing to remember when building a Super Bowl parlay: if one bet loses, your entire ticket is graded as a loser. That's the risk when trying to put together a winning ticket, and it's why the odds increase with every subsequent wager added.

Unlike a parlay that includes bets from different games, building a SGP for the Super Bowl allows you to string together "correlated" outcomes - bets that could influence the results of another bet. While your odds almost always increase when adding more legs to a parlay, sportsbooks will often limit the boost for combining correlated outcomes.

For example, in the example parlay above, Lamar Jackson throwing for two touchdowns and rushing for another would bode well for the Ravens' chances to win outright. Because of that, the parlay odds only increase from +390 to +495 at DraftKings by adding the Baltimore moneyline (-185), but it increases to +2300 by adding the moneyline for the Kansas City Chiefs (+154).

Always consider multiple options when building a Super Bowl SGP, as you may be adding more risk than it's worth depending on which bets you combine into one parlay slip.

Super Bowl parlay betting strategies

As we've mentioned a few times, parlays are best viewed as entertainment, not for maximizing your expected value on any given wager.

That said, not every parlay ends up being graded a loser, and there are ways to increase the potential value of your parlay slip ahead of the Big Game. Here are a few strategies we'd recommend following as you build your Super Bowl SGP:

In addition to our guide on how to bet parlays, our parlay calculator will help you determine whether the bet you're looking to make is being offered at fair odds from our best sports betting sites.

Don't take that for granted. Because the calculation for parlay odds can be complicated, many sportsbooks try to offer odds that are skewed in their favor, knowing that many bettors won't know the difference. That's why we'd highly recommend plugging in your preferred wager into our calculator before submitting your parlay slip.

Put together a Super Bowl script

No, we aren't talking about the "NFL script," which is surely not worth considering when making your parlay bets. Rather, it can be useful to think through the possible game script for the Super Bowl before putting together your parlay slip.

For example, if you think the Super Bowl will be a high-scoring affair with plenty of passing for both sides, it could be worth parlaying the Over with the passing yardage props for each quarterback. Conversely, if you think it'll be a grind-it-out affair, take a look at the running back props and string those together with the Under for each team's scoring totals.

In reality, every outcome on the football field is related. Figuring out how one outcome might affect another is the best way to find value that isn't fully accounted for by our best sports betting apps and to get the most out of your SGP.

Know the house rules

This is easily the most overlooked part of parlay betting, but it's arguably the most important: know how your preferred sportsbook will grade your parlay slip in the case of a voided leg.

Some of our best sportsbooks will simply remove that leg and recalculate the odds for the rest of your parlay slip. Others will grade the entire parlay slip as a loser, which means you'd lose your bet even without betting on a losing outcome.

This isn't just a far-fetched doomsday scenario, either. If you place a bet on anyone who is inactive, or even if one of your wagers is graded as a "push" - which is a risk for any bet with a whole number - you could be on the hook for a losing bet altogether. Be sure to read the fine print anytime you're betting a SGP with a new sportsbook.

Shop around for the best odds

This should be common knowledge by now if you follow our advice regularly, as we are always preaching the value of shopping around to get the best odds. That's core to what we do at Sportsbook Review and what we recommend every parlay bettor to do, as well.

That's especially true in the parlay market, with different sportsbooks offering varied odds not only on their individual wagers but in the way they calculate correlation, as well. Before you hit submit on your parlay slip, be sure to try it out across our best NFL betting sites to make sure you're getting the most out of your Super Bowl parlay.

Super Bowl betting odds pages

NFL prop betting sites, Super Bowl betting promos, and all of our other NFL futures.

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