The weighted odds of your favorites put together in a parlay evens out with the odds of the parlay.Īt the same time, there is the ability to tease or take six points on each side of the spread. So, with the 13:5 odds you can put two favorites of -200 odds on the money line in a parlay to see a payout close to even. This makes sense as you need to bet two teams, and both need to win to cash. A parlay pays out 13 to 5 with two teams, which means that if you bet 5 on a parlay, it pays out 13. One way to avoid the tax of paying for a heavy favorite on the money line is to parlay them without another favorite.