Best Parlay Strategy
The best parlay betting strategy is knowing the different types of parlay bets available. What is a Parlay Bet? A Parlay bet is simply combining multiple wagers in a single bet. The downside to placing a parlay bet is that in order to win, every bet on your ticket has to win. The upside is if all your bets win, the payout is high. Best Parlay Strategy for Sports Bettors. Recreational sports bettors enjoy parlays for their big potential returns. Bookmakers meanwhile love parlays because they force bettors to be perfect. A 2-1 day would be a solid day of profits for any bettor, but if all his picks were in a parlay that would still account for a losing day. The best value bets often don’t congregate in the one sport. Bookmakers encourage betters to keep their picks to one sport as finding value across multiple matches in the one league is a difficult task. With a wider variety of options available to the better, value will be easier to find. A key ingredient in to successful parlay strategy. Of course, most bookies offer loads of baseball prop bets that can also be used MLB parlay bets.For more information, please read our MLB Parlay Strategy Guide. NHL Parlay Bets: The NHL hockey season is a busy time for bookmakers who accept a great amount of NHL parlay bets throughout the season. First and foremost, you need to properly handicap each game as an individual pick before grouping them together in a parlay bet. For example, if you decide to go with a two-team NFL parlay at 13/5 odds, you should probably take the time to breakdown three or four games to come up with your top two plays.
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Best Parlay Strategy for Sports Bettors
Recreational sports bettors enjoy parlays for their big potential returns. Bookmakers meanwhile love parlays because they force bettors to be perfect. A 2-1 day would be a solid day of profits for any bettor, but if all his picks were in a parlay that would still account for a losing day.
The average odds at most sportsbooks for parlays with totals and spreads are +260 for 2-team parlays and +600 for 3-team parlays. For moneyline parlays the price will vary depending on the price of the picks included in the parlay.
It is hard enough to win one straight bet, so despite the increased payouts as a rule of thumb parlays usually aren’t worth the risk long term.
One exception to the rule is to use parlays when you see semi-correlation.
What Are Correlated Parlays?
An example of a correlated parlay could be taking a team to win both the first half of a game and the whole game. True correlated parlays won’t be accepted by sportsbooks, but most will accept wager on a the moneyline or the spread and the over/under in the same game. also known as semi-correlated parlays.
Semi-correlated parlays should be used when you expect the outcome of one of the legs in the parlay to benefit the other. That can be backing a big underdog and the under if you believe that they’re defense will keep it a close game, or the favorite and the over in what could be a blowout win.
Best Parlay Strategy Games
An example would be if the total in a game is 45 and one team is favored by 15 points then it stands to reason that if the favorite covers the spread there is a better than average chance that the game will go over as well. Those two outcomes would be considered correlated.