We are officially entering the second month of the 2020 NFL regular season, which means we have reached the time to hand out our Week 4 NFL parlay picks!
There's no question that the first few weeks of the season have been notably different than in past years for multiple reasons. But one thing that has remained the same is the public's interest in online wagering on pro football.
With many different betting options offered for each individual game, bettors are nearly limitless when it comes to football wagering. One of the many choices are parlays, which allow you to combine two or more sides into the same bet in exchange for enhanced odds.
These wagers are ones that football fans love to place because a small investment turns into a large profit if things go well. In this article, we'll go through our Week 4 parlay picks for those looking to take a shot at a larger payout.
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NFL Week 4 Parlay Picks | How Do NFL Parlays Work?
The first few weeks of any season are always a time to figure out the identities of different teams, but the process has been especially tough in a year such as this one with no preseason.
As described above, parlays are combination wagers with multiple sides in one bet in exchange for much larger odds. All sides must hit in order for the wager to cash, which is part of the reason why parlays are difficult to win. But the upside of these wagers is that taking a small risk can yield a large reward.
For the most part, parlays are made up of standard moneylines, spreads, and totals. Prop markets can be included at many NJ and PA sportsbooks but here, we will stick to the conventional types of bets that normally fit into parlays.
Best NFL Parlays Week 4
Lucky for us, we learn a little bit more about each team each week. In theory, that should make these wagers a bit easier as the season goes on. Below, we'll present a couple of different Week 4 parlay picks to choose from.
NFL Week 4 Parlays: The Favorites (+156 at DraftKings)
Perhaps the most popular NFL parlay strategy is taking multiple favorites on the moneyline and putting them together. Although the odds aren't the best, this is a much safer bet than going with spreads.
You can be sure a few favorites are going to win their games straight up, you just need to locate them. We've had some success in this category two weeks in a row and we are looking for more of the same from our Week 4 NFL parlays.
As always, this wager is really about picking three teams that should logically win. The undefeated Seahawks are traveling east and may wind up playing an ugly ballgame against Miami, but they still should come out on top. They have a common opponent in the Patriots, who beat the Dolphins but lost to the Seahawks.
Speaking of the Patriots, they are traveling to Arrowhead to play a Chiefs team that just decimated the Baltimore Ravens. The spread is a touchdown and is a much tougher call, but we definitely like the Chiefs to remain undefeated in what will be a difficult road game for New England.
The Browns have managed some success in the past two weeks...against the Bengals and Washington. Even though Dallas is just 1-2, its offense should have a field day with a leaky Browns secondary. The Cowboys' defense will also allow huge chunks, but they should score enough to get back to 2-2 even if they don't cover the number.
Week 4 Parlay Betting: NFL Longshot Parlay (+2442 at BetMGM)
Yes, it is always safe to go with a wager featuring fewer teams, or perhaps loading up on favorites. With that said, going for a huge payout can be an extremely profitable way to enjoy a Sunday.
Hitting this bet will always be tough, of course, but that doesn't mean it isn't worth doing every once in a while. Even if you aren't in agreement with all of the teams we've included in our NFL Week 4 parlay, keep these options in mind when building your own wager:
Without taking any big underdogs, we managed to get odds of +2442, which could earn well over a thousand dollars from just a $50 bet. For just $10, you can earn almost $250 in profit! And if you're someone who likes going with underdogs to win straight-up, creating profitable Week 4 parlays will be extremely easy using those odds.
NFL Parlays Week 4: Three-Teamer With FoxBet NFL Lines (+430)
We've gone through the odds and early line movement on the Week 4 NFL schedule in order to craft what we hope is a winnable three-team bet using FoxBet NFL lines.
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- Pittsburgh Steelers -1 (-110): Thanks to action from what are likely sharp bettors, this line shifted drastically from the Steelers being a two-point underdog to being the favorite. These odds will only continue to get worse as the week goes as the public follows suit and wagers on the Steelers. We'd play this up to -2.5 or even -3.
- Baltimore/Washington Over 46.5 Points (-118): After struggling on MNF in Week 3, expect the Ravens to score 30+ points on Washington just as the Browns did in the last game. With some garbage-time points from Washington once again, this one can hit the over and possibly get to 50.
- New Orleans Saints ML (-200): Recency bias says the Saints aren't all that good and with Michael Thomas' status uncertain, people will see value with Detroit. We think New Orleans still has enough to get it done and we feel a little better about this road game knowing we are eliminating the tricky four-point spread and taking the better team on the moneyline.
These specific sides may not be your preferred selections, but this wager serves as an example of what a few things strung together can do. In this case, we are going for more than four times our investment with a three-team wager.
If you are in the market for something between the modest payouts of moneyline favorites and the massive payouts of longshot bets, this right here is the middle ground. Best of luck with your NFL Week 4 parlay picks!
Photo Credit: Associated Press