PARLAY BETS: A QUICK OVERVIEW

PARLAY BETS: A QUICK OVERVIEW

A parlay bet is one of the most popular wagers in เกม กีฬา ออนไลน์. It is easy to understand that even beginners try to make parlay bets. A parlay is a combo bet where you group your bets into a single wager. There is greater payout and lesser risk but all your bets should win for you to claim the prize. If one of your bets does not win, you lose the parlay bet. A lot of players get tempted by parlay bets because of the big payouts.

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Payouts

Fixed parlay odds vary. They depend on the online sportsbooks but there is at least a general amount you can use as a basis. Two-team parlays usually pay +260 or $260 for every $100 bet. You can get $600 for every $100 bet on three-team parlays. That is a 6 to 1 payout. Four-team parlays usually pay only 10 to 1. Betting sites have a 31.25% advantage. It is not a great idea to parlay five or more teams. There are some sportsbooks that offer up to fifteen-team parlays. Some of them even have the best odds in the business. A fifteen-team parlay can pay out over +16,000 on some sites. You can get a payout of $16,306 when you put a $115 team NFL parlay bet at -110 odds.

True odds

True odds does not mean the true odds of winning. It pays the same as when you rolled the profit from individual bets for each team. Calculating true odd parlays is not easy and takes effort. You have to know how to place parlay bets right so they do not end up as sucker bets.

Why people avoid parlays

Professional bettors at BK8 consider progressive betting systems as a poor strategy. You can hurt your bankroll management and bankroll growth. Most professionals use their quantified edge per game as a basis for their wagers. Doing the math for proper bet sizing on a parlay is not worth it.

The variance for parlay bets is higher than straight bets. You get the same odds with increased chance of hitting a dry spell. It is always best to go with the lower variance when there are the same odds.

Most sports bettors always shop around for the best price. You have to find the most favorable odds for each team when you place parlay bets. Finding them at a single betting site is rare. Straight wagers placed at different betting sites will give you better odds.

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