However if even one selection in a parlay bet loses then the entire parlay will also be lost. Just as football and basketball are the most popular NCAA sports for betting, they are also the most popular for parlay betting. The odds for three games at +140 each would become around +1200 if combined into a parlay. This is the main reason that they are so appealing, because parlay odds will be much higher than the individual selections included. The parlay odds will be the combination of the odds of all betting selections included in the parlay. A parlay bet is a wager made up of more than two different betting lines. NCAA Basketball and Football Parlay and Picks - What's the DifferenceFirst, let us define what exactly a parlay bet is. Within these games, players can expect to find more than 50 betting lines for each game including moneylines, spread bets and over/unders. Additionally, since the seasons barely collide, players can watch and bet on NCAA games nearly all year long! Since the NCAA is so popular, you will find betting lines for nearly every game on most online sportsbooks. Two most popular sports in the NCAA are easily basketball and football.