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College Football Parlay Betting Strategies

Parlay betting in sports involves linking two or more individual bets together into one wager. Remember on The Wire when Omar met with Stringer Bell and Prop Joe for a parlay? This is something totally different.

College football bettors and sportsbooks are both fond of parlays. For bettors, parlays offer the chance at huge payouts on small wagers. Meanwhile, the sportsbooks know that these wagers aren’t always going to hit leading them to make some money too.

Don’t let that discourage you. With the right strategy – which we will provide below – you can take advantage of parlay betting in college football and turn a nice profit.

Correlated Parlays are Key

With so many different teams in college football, every week features matchups between two teams that clash in styles. These matchups provide excellent opportunities to parlay a side and a total that will in all likelihood go hand-in-hand.

Take, for example, the hypothetical difference between the smashmouth – not the band – Stanford Cardinal and the hurry-up offense of the Oregon Ducks. In a pretend battle between these two teams, bettors who like Stanford and the points would be wise to parlay them with the UNDER.

The reason for this is that bettors know that the Cardinal offense can’t keep up with Oregon’s. If the Ducks offense has a big day, Stanford isn’t likely to cover the spread as an underdog. On the other hand, if the Cardinal does cover the spread, it will likely be due to a strong defensive performance, which would lead to a cash on the UNDER.

This particular correlated parlay has worked well in real life. Stanford scored outright upsets in both 2012 and 2013 by scores of 17-14 and 26-20, sending both games comfortably UNDER the total. In 2015, Oregon won 45-16 as a 7-point favorite, illustrating the point that a Stanford bet was doomed in this scenario.

Splitting up your Parlays for Profit

One way to get more mileage out of your parlay betting is to split your favorite games up into smaller parlays.

For example, let’s say you like Oregon, Alabama, Tulsa and Texas this week. Instead of betting a four-team parlay, you could break these four plays up into four three-teamers:

  1. Oregon + Alabama + Tulsa
  2. Oregon + Tulsa + Texas
  3. Oregon + Alabama + Texas
  4. Alabama + Texas + Tulsa

This way, if you go 3-1, you turn a small profit instead of seeing a four-team parlay get got like – SPOILER ALERT - Stringer at the end of Season 3. The Wire’s been off the air since 2008, if you haven’t seen it yet, you’re never going to. Anyway, going 4-0 would pay less than the four-teamer would have, but it would still score you a very nice chunk of cash.

Where to bet on College Football

Now that you know what kind of parlay bets to make, it’s time to actually make one. Choose a reputable sportsbook – any of the ones we mention here are great. We’ve vetted each one to ensure that when you place a college football bet, you’re in good hands.