NFL parlay bets are one of the more commonly-placed bets for all sports including the NFL and have increased in popularity over recent years with the growth in popularity of online betting.
Platforms like FanDuel provide incentives to players to take a shot with these low-risk, high-reward wagers by offering promotions around them and a wide range of parlay betting options for each pro football game.
We have put together several of these wagers and are offering our free NFL picks and parlays for Week 3!
NFL Week 3 Parlay Picks And Predictions
After exploring NFL betting odds from FanDuel NJ, we have assembled what we consider the best parlay bets this week, including a bet that features all favorites and another that takes advantage of some prop markets available at most of the top online sportsbooks.
Best NFL Parlay Week 3
We've gone through each game on the Week 3 NFL schedule and narrowed down our NFL best bets to create our top parlay.
- Falcons ML (+106): Atlanta is not only clicking on offense but its defense rebounded nicely in Week 2. This is a popular sharp and public pick this week
- Giants vs. Bucs Under 48 (-120): Two teams with its greatest strength being the run game as the Bucs look to protect Winson and the Giants start a rookie QB.
- Rams ML (-170): If the Jets can make things tough at times for Cleveland, we know what LA can do. Rams' defense and west-coast offense prevails in heavy winds.
This parlay, which will allow you to possibly win about five times your investment at +500 exactly, gives you a little bit of everything. It's balanced by a slight underdog, a bet close to even money and a favorite, but not one that drags the payout down too much. If you're more comfortable with a bigger favorite, however, feel comfortable substituting in any of the three teams from our next bet.
Week 3 Parlay Using Favorites
One strategy for placing parlays is to ignore spreads and stick with taking moneylines of teams you believe will win. Below is a three-team Week 2 NFL parlay made up of some of the larger favorites.
- Packers ML (-350)
- Eagles ML (-270)
- Vikings ML (-400)
The rationale is simple, you're selecting teams you're fairly certain should win straight up. These three NFC favorites at FanDuel PA aren't the strongest at +120, but each team is superior to its opponent and two are playing at home.
Week 3 Parlay With Alternate Lines
FanDuel Sportsbook has been one of the most well-known sports betting sites in NJ since gambling became legal, and for good reason. Part of its popularity stems from the wide range of markets it offered in every sport, including the NFL. Every game features dozens of prop markets and several parlays, many of them with alternate lines or totals. The best part? Most of these bets can be used inside parlays.
Below are three alternate lines/props we are grouping together to build our final Week 3 NFL parlay:
- Seahawks Win By 1-13 Points (+140): Seattle faces the Drew Brees-less Saints in its home stadium, where it hasn't lost a September home game in a very long time.
- Chiefs Win And Over 46 Points (+100): We lean toward Kansas City at home and eliminate the spread while lowering the total in exchange for even money.
- Texans +7.5 (-210): Houston needs to protect Deshaun Watson in a tough matchup visiting the Chargers, but we think they do enough o keep it within a touchdown.
We've attempted to exploit three different markets in Winning Margin (4-Way), Moneyline/Total Parlay, and Alternate Spreads. At +609, the payout is decent as we find the most value we can with picks we are comfortable with. Any team you feel is in line for a close win is worth a look in the four-way category, as value is gained and you can rid yourself of spreads.
NFL Parlay Betting Tips
- Consider Side/Total Correlation
If you think you've got the trend of the game nailed, attempt to find an angle on a team and the total to increase value on the bet. Parlays combining lines and totals into one side are offered at many of the top NJ sportsbooks, as wager with alternate odds and over-unders. Many times, these parlays can be used as a single leg of a larger parlay as well, as evidenced above.
- Go With 2-Team and 3-Team Parlays
You don't always need to go for the huge parlays featuring so many teams. Besides, the closest payout to true value is with smaller parlays of two or three teams. The payouts may not be as eye-popping, but giving yourself a better chance to win is always the right play.
- Include Moneyline Favorites
It's true that selecting favorites, especially on the moneyline, lowers your payout in the long run. Still, it can be a useful strategy to take lines with no standalone value and use it to add some juice to your parlay with an extra team. Moneylines in general also simplify things by removing any worry about the spread, especially with favorites.
What Is an NFL Parlay Bet?
A parlay betting that allows betters to link several selections together into one bet in exchange for a more favorable payout. Below is an explanation from FanDuel about parlays:
NFL parlays can be made up of varying markets and categories, including the following:
- Moneyline/Total Parlay
- Spread/Total Parlay
- 1st and 2nd Half Lines
Many bettors prefer parlays because it is considered a low-risk, high-reward bet, and your payout has the potential to be much larger than your original risk. Parlays are difficult to win because every side needs to win in order for the bet to hit, but NFL parlays predictions are still popular and exciting.