The BetMGM sportsbook app arrived in Pennsylvania on Dec. 17, a few weeks after the launch of the company’s online casino.

“The response to BetMGM Casino in Pennsylvania has been incredible, and we’re thrilled to bring our best-in-class sports betting offering to the Keystone State,” said Adam Greenblatt, BetMGM CEO.

PA’s newest sportsbook provided a betting recap of 2020 that included big bets, parlays and more from users across the eight states where the sportsbook is available.

A parlay bet is a sports bet that combine multiple straight bet wagers on one ticket. Usually, you would pool straight-up bets with spreads and totals. However, you can have multiple versions of the same bet as long as it’s on different games. How Do Parlays Work? $500 New Customer Offer – BET AT BETMGM NOW. That’s exactly what happened for one BetMGM bettor on Wednesday night who put down $1,079 on a pretty ridiculous five-team parlay which included two NBA games and three college basketball games. All five bets hit turning his wager into $750,000. Winning bets: NBA Cavaliers +475 moneyline 2 nd. .The maximum parlay payout is $150,000. On any parlay, a push(es) combined with a win(s) will result in the bet being reduced to the next lowest number of teams. Example: If you have a 6-team parlay with 5 wins and 1 tie, this becomes a 5-team parlay and the payout will be adjusted accordingly. Parlay A parlay wager is similar to a teaser in that a bettor has to bet on at least two separate odds, but is not awarded six points to either add or subtract from the point spread or total. As with a teaser, the two separate odds can either be two teams, two totals, or a combination of the two.

Although BetMGM was not available in PA at the time, the Seattle Seahawks vs. Philadelphia Eagles game on Nov. 30 posted the third-largest handle of any single game in 2020.

Learn how to hedge a bet in basketball using our simple example of an NBA Championship Bet. Learn the basic math or use our Parlay Hedge Calculator! The basics of hedge betting in NBA basketball can be found here, with a Parlay Hedge Calculator for use.

BetMGM reflects on 2020

States with the BetMGM app with the highest handle in 2020:

1. Nevada
2. New Jersey
3. Colorado
4. Mississippi
5. Indiana

Jason Scott, VP of Trading, BetMGM, commented in an email:

“COVID wreaked havoc on the 2020 sporting calendar, which was challenging for both bookmakers and bettors. Despite the pandemic, the 2020 sporting season was a great success. We expect continued growth with betting now available in Indiana, West Virginia, Tennessee and Colorado, as well as further development in New Jersey and Pennsylvania.”

At BetMGM, sports with the biggest increase in betting action this year were MMA, golf and soccer.

BetMGM 2020 betting recap

Biggest single game-winning bet of 2020

• $500K to win $510K on Vikings -0.5 (11/29/20)

Biggest parlay winner of 2020

• $100,000 to win $206,000 on two-team parlay including Cardinals over 7.5 and Athletics -189 (9/10/20)

Biggest single-game parlay winner of 2020

1. 1. $10 to win $15,000 on a 10-team Build-a-Bet parlay (12/27/20)
      • D. Lillard over 8.5 assists
      • J. Harden over 10.5 assists
      • C. Wood over 22.5. pts
      • C.J. McCollum over 18.5 pts
      • D. House Jr. over 9.5 pts
      • D. Lillard over 30.5 pts
      • J. Harden 40+ pts
      • C. Wood over 11.5 rebounds
      • D. Jones Jr. over 4.5 rebounds
      • P.J. Tucker over 6.5 rebounds

Biggest handle of a single game in 2020

1. Deontay Wilder vs. Tyson Fury (2/23/20)
2. Super Bowl: Chiefs vs. 49ers (2/2/20)
3. Seahawks-Eagles (11/30/20)
4. Ravens-Patriots (11/15/20)
5. Vikings-Bears (11/16/20)

Single game that had the biggest win for the books in 2020

1. Ravens-Patriots (11/15/20)
2. Seahawks-Eagles (11/30/20)
3. Vikings-Bears (11/16/20)
4. Eagles-Browns (11/22/20)
5. Chargers-Bills (11/29/20)

Biggest NFL and college football winning bets

NFL biggest-winning single bets

• $500K to win $510K on Vikings -0.5 (11/29/20)
• $283,022 to win $523,591 on Rams +185 moneyline (11/23/20)
• $550K to win $522,500 on Buccaneers +3.5 (11/29/20)
• $582,024 to win $506,361 on Saints -8.5 (11/29/20)
• $550K to win $500K on Titans +3 (11/29/20)

NFL biggest-winning parlay bet

• $132K to win $101K on Bills -250 moneyline and Colts -385 moneyline (10/4/20)

College football biggest-winning single bets

• $550K to win $522,500 on Iowa State -105 moneyline (11/27/20)
• $550K to win $522,500 on Kansas State-Baylor over 44.5 (11/28/20)
• $550K to win $500,500 on Utah +7 (11/28/20)
• $550K to win $500,500 on Georgia-South Carolina over 49.5 (11/28/20)

College football biggest-winning parlay bet

• $9 to win $139,543 on nine-team parlay on Arkansas State +450, App State under 59.5, Coastal Carolina +185, Duke +20.5, Georgia Tech +325, North Carolina under 65.5, Iowa State under 56.5, UTSA +200 (9/12/20)

Biggest NBA and college basketball winning bets

NBA biggest-winning single bets

• $71,881 to win $165,327 on Nuggets +230 (9/15/20)
• $49,293 to win $69,010 on Bucks +140 (9/6/20)
• $56,307 to win $61,937 on Heat -7.5 (9/8/20)
• $57,856 to win $60,749 on Heat +6.5 (9/15/20)
• $60,823 to win $57,782 on Nuggets +5.5 (9/15/20)

NBA biggest-winning parlay bet

• $80 to win $52,797 on a five-team parlay on Heat +135, Nets +1300, Blazers +145, Magic +100, Suns +310 (8/4/20)

College basketball biggest-winning bets

• $440K to win $462K on Gonzaga -16 (11/27/20)
• $450K to win $427,500 on Clemson -105 (11/26/20)
• $347,473 to win $316,201 on Boston College -1 (11/26/20)
• $313,290 to win $297,625 on Villanova -5.5 (11/26/20)
• $275K to win $239,250 on Pepperdine -3 (11/25/20)

College basketball biggest parlay bet

• $23,083 to win $65,051 on two-team parlay with Georgia -5.5 and Seton Hall -26.5 (12/8/20)

Largest MLB winning bets

MLB biggest-winning single bets

Good Parlay Bets Today

• $164,309 to win $427,203 on Angels +260 (9/6/20)
• $221,254 to win $380,258 on Rockies -1.5 (9/5/20)
• $200K to win $310K on Orioles +155 (9/5/20)
• $75K to win $232,500 on Orioles +310 (9/4/20)
• $230K to win $230K on Rockies +100 (9/5/20)

MLB biggest-winning parlay

• $100,000 to win $206,000 on two-team parlay including Cardinals over 7.5 and Athletics -189 (9/10/20)

Lead image credit: AP Photo/Alex Brandon

There is nothing like coming up with a parlay bet. Every single time you think you have a guaranteed winner. ‘There’s no way this team loses.’ ‘They’re getting how many points at home?’ ‘I know nothing about these teams at all, but I remember they made a deep run in the tournament when I was a kid.’

You’ll say anything to convince yourself that your multiple team parlay is going to make you rich overnight. Most of the time it doesn’t happen, but sometimes, when the stars align, a massive parlay hits, and all is right in the world.

What Does A 2 Bet Parlay Pay

That’s exactly what happened for one BetMGM bettor on Wednesday night who put down $1,079 on a pretty ridiculous five-team parlay which included two NBA games and three college basketball games. All five bets hit turning his wager into $750,000.

Winning bets:

• NBA
  • Cavaliers +475 moneyline 2^nd half vs. Nets
  • Mavericks -1 2^nd half vs. Pacers
• College Basketball
  • Sam Houston State +150 vs. Abilene Christian
  • Illinois State +330 vs. Bradley
  • Washington +600 vs. Colorado

Taking the Cavs and Mavs in the second half is one thing, but taking three underdogs, including Washington at +600 against Colorado, on the college hoops side of things is quite the play. Washington was at home, but it had lost its last eight games and the same Colorado team beat the Huskies by 23 points in December.

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