Colorado Bettor Hits Tipico Sportsbook Record 10-Leg Parlay

GamingToday.com is an independent sports news and information service. GamingToday.com has partnerships with some of the top legal and licensed sportsbook companies in the US. Gaming Today may receive referral compensation from the sportsbook company when you claim a bonus offer or promotion through a link on this site. Although the relationships we have with sportsbook companies may influence the order in which we place companies on the site, all reviews, recommendations, and opinions are wholly our own. They are the recommendations from our authors and contributors who are avid sports fans themselves.

For more information, please read How We Rate Sportsbooks, Privacy Policy, or Contact Us with any concerns you may have.

Gaming Today is licensed and regulated to operate in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MS, NJ, NV, NY, OH, ON, PA, TN, VA, VT, WV, and WY.

Michael, a 33-year-old from Aurora, Colorado, cashed the largest payout in Tipico Sportsbook history in the US on Jan. 7. He won $100,525.88 on an $800 bet – when he completed a 10-leg pre-match and live bet combination parlay.

Total odds were 12465-to-1 across NFL, NHL, English Premier League, and College Football Playoff games. The parlay took a week to complete.

Tipico is available in Colorado, Iowa, New Jersey, and Ohio.

Legs in the Tipico Record 10-Leg Parlay:

January 1

Liverpool-Newcastle United (EPL)

-154 Moneyline/Liverpool (LIVE)

Kraken-Golden Knights (NHL) 

-150 Spread/Kraken -1.5 (LIVE)

Washington-Texas (CFB Playoffs)

+145 Moneyline/Washington (PRE-MATCH)

Michigan-Alabama (CFB Playoffs)

 -135 Moneyline/Michigan (PRE-MATCH)

January 2

Blue Jackets/Bruins (NHL)

-230 Moneyline/Bruins (PRE-MATCH)

January 6

Ravens-Steelers (NFL)

-200 Moneyline/Steelers (PRE-MATCH)

January 7

Lions-Vikings (NFL)

-250 Moneyline/Lions (PRE-MATCH)

Panthers-Buccaneers (NFL)

-240 Moneyline/Buccaneers (PRE-MATCH)

Dolphins-Bills (NFL)

-155 Moneyline/Bills (PRE-MATCH)

Saints-Falcons (NFL)

-190 Moneyline/Saints (PRE-MATCH)

Colorado sports betting parlay record

Colorado Bettor on His Record Tipico Parlay

GT: How did you come up with the picks, as they were from a bunch of different sports?

“I follow sports pretty heavily and like to spread out my picks within different sports throughout the week as I believe it’s easier to get a few right in each sport rather than picking right on one sport’s slate of events.”

GT: How hard was it to be patient while waiting for that last day?

“I was definitely anxious every day for the upcoming games since it was spread out over a week.”

GT: Were you offered a cash-out?

“I was offered cash-outs throughout the parlay. The most notable cash out was before the last leg (Bills ML) at roughly $57,000.”

GT: How seriously did you consider it?

“I didn’t really consider the cashout at all.”

GT: Which leg made you sweat the most when picking and waiting for the result?

“The last event when the Bills played the Dolphins was when I sweated the most as the first-half performance by Josh Allen in the endzone was disastrous.”

GT: Have you ever won a parlay of this ilk before?

“Yes, I have won many and lost many parlays, as you can imagine, but the most notable one was a $285,000 parlay last year.”

Parlays A Win for Sportsbooks, But Alluring to Bettors

Bettors are enticed by the odds of parlays, and wins like Michael’s only fuel the fervor. Sportsbook companies hope their surging popularity continues.

An H2 Gambling Capital study in 2023 concluded that while parlays accounted for just 15% of wagers the previous year, they yielded 37% of operator gross win. In 2022, according to H2, operators hit a 20% hold mark on parlays while just 5.7% on single bets. 

The popularity of parlays continued to soar in 2023, with same-game parlays becoming an attractive option for bettors already familiar with daily fantasy in newly legal jurisdictions.

DraftKings CEO Jason Robins said of the phenomenon as his company launched “progressive parlays” this year:

“We’ve seen no decline in demand as we’ve increased hold rate. The important thing is we’re not increasing it by making the odds any worse for customers. It’s just by pushing more parlay mix and things like that.”

About the Author
Brant James

Brant James

Senior Writer
Brant James is a senior writer at Gaming Today. He has covered the sports betting industry in the United States since before professional sports teams even knew what an official gaming partnership entailed.

Get connected with us on Social Media