Parlay bets are a great way to switch up your sports betting and combine a few betting picks together to bump up your payout. In this article, we’ll provide you with our top NBA parlay bets for Martin Luther King Jr. Day on Monday, Jan. 20, 2020. We study the odds, the betting lines, and the teams, and to give you our recommended parlay bets.
The following four NBA parlay picks offer a low, medium, or high payout – In addition, we’ll offer a bonus option for the early-afternoon games! Our low payout parlays try to minimize risk and odds start near +200 or higher in an effort to double our stake. Likewise, our medium and high payout parlays offer higher payouts with higher odds, but higher odds mean a smaller chance of winning.
In other words, are you after the big payout or more consistent wins?
Early-Afternoon Parlay Wager
Parlay Odds: +372
$20 risk: $74.33 payout
2:00 p.m. EST – Detroit Pistons at Washington Wizards – Over 232
The Pistons have scored at least 110 points in five of the last six, and the total has gone over in just as many of those. This will be the highest total for any Detroit game this season; four of the previous five highest totals have gone over the total. In fact, two of the Pistons-Wizards games had a total of at least 229 and both of them went over the total. While the Wizards rank dead last in defensive efficiency, the Pistons are also down there in the bottom third.
2:30 p.m. EST – Toronto Raptors ML (-330) at Atlanta Hawks
The Raptors have been a solid team when favored by -7 or more this season, going 9-0 SU/7-2 ATS. Today, they’ll be taking on a Hawks team that is either dealing with a few injuries or just welcoming some players back. Toronto is finally getting everyone back at full health, with Fred VanVleet just coming back into the fold. This isn’t necessarily a spot to choose the Raptors with the spread, but rather on the moneyline as part of a parlay.
3:00 p.m. EST – Philadelphia 76ers at Brooklyn Nets ML (+115)
This is certainly an interesting line, considering the 76ers were just favored at home by -7.5 on Wednesday. Philly could be without Al Horford and that’ll be a detriment, especially with Joel Embiid out of the lineup. Don’t forget, Brooklyn was leading most of the way on Wednesday before collapsing down the stretch. With the exception of that late collapse, the Nets have played well against the 76ers in each of the two meetings, even winning the first meeting outright. Philly was a -3.5 and -6.5 favorite against Brooklyn in each of those games, so it’s interesting to see the line here at -2. In the game where the 76ers were favored by -3.5, the Nets won outright by 20 points.
Low-Risk NBA Parlay Bet
Parlay Odds: +160 odds
$20 risk: $31.87 payout
This NBA parlay bet focuses on winning your stake back and then some. This parlay is for the bettor who prefers low risk/low yield parlay bets. Remember the saying “slow and steady wins the race?” Well, this parlay bet won’t set the world alight, but it’s your best chance of beating the NJ sportsbooks.
5:00 p.m. EST – Chicago Bulls at Milwaukee Bucks ML (-1200)
This will be the largest underdog the Bulls have been all season, at 14 points. In fact, three of their four biggest underdog spreads (+11.5, +9, +8.5) this season have been in matchups against the Bucks. Those matchups haven’t gone well, with Milwaukee winning the three games by nine, 21 and 14 points. The Bucks are rocking and rolling lately, with six straight wins – four of those coming by 20 or more points.
5:00 p.m. EST – Sacramento Kings at Miami Heat (ML: -260)
The Heat haven’t been a great team on the back-end of B2B sets (1-4-2 ATS), but only one of those games were played at home – and they won that game outright. In this scenario, we’re just asking for Miami to win the game outright as part of a parlay, not necessarily cover the spread. As an underdog of +5 or more this season, the Kings are 3-13 SU/8-8 ATS.
9:00 p.m. EST – Indiana Pacers at Utah Jazz ML (-290)
The Pacers got an impressive win in Denver last night, but we all know this Denver-to-Utah B2B set is the toughest in basketball. Indy is 0-5 SU/2-3 ATS when underdogs of +5 or more. Utah finally had its double-digit-game winning streak broken on Thursday, but this is still a team that hasn’t lost outright at home since Dec. 9. The spread is oddly a little too low for this situation. However, we’re confident in Utah just getting the outright win as part of a parlay.
10:00 p.m. EST – Golden State Warriors at Portland Trail Blazers ML (-350)
Despite struggling for most of the season, the Trail Blazers have been a strong team when favored by -7.5 or more, posting a 5-1 SU/4-2 ATS record. That one loss, however, did come to the Warriors back in November. Nonetheless, it was on the road and we’re just looking for Portland to win outright as part of a parlay. CJ McCollum will miss his second game with an ankle injury but Damian Lillard and Carmelo Anthony are really all this team needs against a watered-down version of Golden State.
Medium-Risk NBA Parlay Bet
Parlay Odds: +378
$20 risk: $72.52 payout
This parlay bet focuses on winning your stake back and then some. This NBA parlay bet is for the bettor who prefers an evenly balanced payout/risk ratio. The bettor who wants a decent payout, but is not reckless with their parlay picks.
5:00 p.m. EST – New Orleans Pelicans at Memphis Grizzlies ML (-128)
This should be a fantastic matchup between two of the hottest teams in the NBA. The Grizzlies have won seven straight (6-1 ATS) while the Pelicans have won 10 of the last 15 (12-2-1 ATS). New Orleans has been playing surprisingly well without Jrue Holiday over the last few games and could now be without Derrick Favors and Jahlil Okafor. Memphis is the healthier team in this situation, so that could potentially lead to victory.
5:00 p.m. EST – Oklahoma City Thunder at Houston Rockets ML (-280)
Russell Westbrook gets another crack at his old squad, and redemption is the word of the day. It’s also probably time for the Rockets to pick themselves up off the mat, losing four of their last five games. Now would be a good time, considering OKC has lost three of its last five games. There were some solid trends for OKC in some of these losses, and they still managed to lose those games. Look for the Rockets to take out some of those recent frustrations on OKC and win the game.
7:30 p.m. EST – Los Angeles Lakers ML (-112) at Boston Celtics
The Celtics have been reeling, with three straight losses and dropping six of the last eight. That’s the polar opposite of the Lakers, who have won 10 of their last 11 – the only loss came by one point. It’s impressive that LA has been doing so well without Anthony Davis. However, Boston may have some slack of its own to pick up if Kemba Walker and Jaylen Brown miss this game – they’re both listed as questionable.
Big-Payout NBA Parlay Bet
Parlay Odds: +1309
$20 risk: $261.81
This NBA parlay bet focuses on maximizing your winnings. This NBA parlay bet is for the bettor who is looking for the big payout from the NJ sportsbooks. The higher odds mean beats but we’re shooting for the stars here! No one ever bragged they won $10 and as such, so this is for the bettor looking for the big parlay win.
5:00 p.m. EST – Orlando Magic at Charlotte Hornets – Under 207.5
This is the lowest total on the entire slate, and it comes with good reasoning. The Magic have been one of the best defensive teams in the NBA and take on a Hornets team that is basically on vacation. It’s one of the most awkward scheduling quirks we’ve seen, but Charlotte had four full days off before today’s game; after Monday, it’ll have three full days off and then another three-day layoff before playing again. This, my friends, is the work schedule we have all been dreaming of. Imagine yourself in that scenario – you’d probably be loafing at the office. That’s what we expect the Hornets to do, especially with tons of defensive resistance from the Magic.
5:00 p.m. EST – New York Knicks at Cleveland Cavaliers ML (-120)
Much like we saw in the Brooklyn-Philly matchup, we’re seeing the usual underdog favored this time around. The Knicks were favored in the previous two meetings and only came out on top in one of those. In addition, New York has only covered the spread twice in the last seven games while Cleveland has been much better with five covers over the last seven.
8:00 p.m. EST – Denver Nuggets at Minnesota Timberwolves ML (-136)
If you’re wondering why the Nuggets are underdogs against the T-Wolves, there’s a couple of good reasons. For one, they’ll be playing on the back-end of a B2B set, where they are 1-6 ATS this season; although, four of those non-covers could have gone either way. The other is that the Nuggets are banged up like no other with Jamal Murray, Gary Harris and Paul Millsap all likely to be out once again.
The T-Wolves are trying to stop a five-game losing streak, now without Jeff Teague and Treveon Graham. On Friday, Karl-Anthony Towns came back into the lineup so that is good news for the team going forward. We wouldn’t be surprised at all if the T-Wolves pull the upset here, considering the Nuggets rugged schedule of late – it’s actually their second B2B set over the last six days.
9:00 p.m. EST – San Antonio Spurs ML (+132) at Phoenix Suns
Well-rounded teams like the Spurs can play well on the back-end of B2B sets – hence, their 2-1 SU/ATS record in that short sample size. The Suns are coming off an impressive win in Boston on Saturday. However, they’ll also be returning home from an East Coast road trip and still might have some tired legs. We don’t think the B2B set will have an effect on the Spurs and they should be just fine in this one. Phoenix hasn’t been great as a home favorite this season, going 6-9 ATS.