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One of the most lucrative sports bets you can make is a parlay, but unless you employ some kind of betting strategy it can also be one of the toughest bets to actually cash-in on. In simple terms, a parlay is when you combine two or more picks into one single wager. The plus side is that the top online sportsbooks as featured on SportsBettingStats.com offer some very attractive odds for groupings of two to even 16 teams. Our favorites are Bet365 for non Americans and 5Dimes for US players. The down side is that the more teams you add to a parlay play the higher the odds are stacked against you to win.
What happens if theres a push in a parlay? That bet will be taken out of the parlay and the payout will be reduced as if there were one fewer team in the parlay. So if you had a 4 team parlay and you got three picks cocrrect and the other was a push, you would be paid out the odds of a 3 team parlay.
Most making sense parlays by Wolf of sports picks
Correlated Parlays If a bookmaker was offering betting lines on both will it be cloudy today? and will it rain today?, if allowed, youd be much better off betting either both as no, or both as yes, in a parlay bet as opposed to straight wagers. While this is a simplified example, there are plenty of times when outcomes are correlated in sports betting. For example, a handicapper might determine that if one team covers the spread, the game is more likely to go over or under the posted total. Also, during the final week of the NFL season, a certain team winning or losing the day game might result in a previously important night game now having no meaning in the playoff race.
Circumventing Betting Limits Ill warn you upfront that betting sites do not take kindly to this, and it might get you banned. The basic idea here is, say you find a parlay with monster value in a small market with low betting limits. Lets say a womans field hockey line opens at +150 when it should be +100. Here making ten unique two-team parlays, using the +150 bet with a random -110 each time might be advantageous, as on average youll get down 5 times the max bet. At -110 juice the expected ROI is less, but to get the maximum amount down on line of significant value, it might make sense. While personally I rarely use this strategy online, I do attempt to get away with it in Las Vegas from time to time. This takes a little bit of acting, such as starting to walk away from the cage and then saying wait, also give me Know this: It is a trick of the trade advantage players use that is not for novice bettors.
Online the odds are similar, though some sites such as 5Dimes and BetOnline offer better odds starting with three teams and up. Whats important to note is that these are fixed odds based on a 50/50 wagering proposition. If a spread is listed at Home Team -7 / Road Team +7 this is 50/50 proposition. If, instead, the spread was Home Team -7 -105 / Road Team +7 -115, this is no longer a 50/50 proposition, and the payout will be calculated using a method bookmakers refer to as true odds. Lets take a moment to understand where fixed parlay odds are derived from.
If youve ever watched CBS, ESPN or any sports show youll know that there a million different stats: from shooting percentages, to assists, to average pitch speed. Weve combined the most important statistics for every sport into one model (for the stats men or women out there, please refer to the poisson distribution model).
This enables us to drill down to and provide the best nba predictions, picks and parlays. It works for mlb, nfl, college basketball and college football and soccer. We analyse 50+ games a week and narrow it down to a 2 team parlay.
Every 12 weeks, we open up our doors to a few more people. You will be placed in a 12 week trial membership. The cost is $10/wk (and remember if the picks/parlays lose you get an instant refund). DO NOT wager more than $10/game for the first 12 weeks. This is just a trial to build your trust and confidence. After the 12 weeks is up, and you have won 7-9 if the 12weeks, you will be given the chance to join the main group and secure your seat at the table. The cost will be $30/wk and the refund guarantee still applies. More informations at https://sites.google.com/site/nbapredictionspicksandpaam9/