Sports Payouts
Parlay Payout
The maximum that PlatinumSB will pay in a day for accumulated parlay winnings is $100,000. For instance any number of Parlay combinations done in any particular day will pay no more than $100,000.
Repeated number of parlays taken with the same combination of teams are not permitted unless taken by a Roundrobin. Eg. If your agent set your Max Parlay risk at $1000, then you can only take that specfic risk amount per parlay with the same combination of teams.
PlatinumSB takes up to 8 team parlays.
The maximum payout for any parlay is 500/1.
PlatinumSB has the right to cancel parlays with the same teams posted in order to override the players or the company's limits. Parlay offering is regulated by your agent, the number of parlay entries may vary depending on your account.
Parlay Payout:
Football & Basketball |
2 teams pay 2.6/1 |
3 teams pay 6/1 |
4 teams pay 10/1 |
5 teams pay 20/1 |
6 teams pay 40/1 |
7 teams pay 80/1 |
8 teams pay 125/1 |
Teasers
Teasers with the same combination of teams:
Max Risk allowed |
Max Payout |
$10,000 |
$80,000 |
PlatinumSB has the right to cancel teasers with the same teams posted in order to override the players or the company's limits.
Regular Payouts
Teaser Payouts:
Football & Basketball |
Teams |
2 |
3 |
4 |
5 |
6 |
7 |
Basketball 4pts
Football 6pts |
-110 |
+160 |
+300 |
+450 |
+700 |
+800 |
Basketball 4.5pts
Football 6.5pts |
-120 |
+140 |
+250 |
+400 |
+600 |
+700 |
Basketball 5pts
Football 7pts |
-130 |
+120 |
+200 |
+350 |
+500 |
+600 |
In the event of a push on a 6, 6 ½, or 7 point football teaser or 4, 4 1/2, or 5 point basketball teaser, the wager will revert to the next corresponding number of teams on teasers of 3 or more picks.
# of Teams |
3 |
4 |
5 |
Football 14pts |
---- |
---- |
-120 |
Football 13pts |
---- |
-140 |
---- |
Football 12pts |
---- |
-130 |
---- |
Football 10pts |
-130 |
---- |
---- |
| Football 10pts |
---- |
+110 |
---- |
| Football 9½pts |
-120 |
---- |
---- |
In the event of a push on the 9½-14 point teaser options, the wager will be graded as “No Action” and all monies will be refunded.
Futures / Props
The max payout is $100 000.
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