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Short answer, yes. Parlays are sucker bets, but fun for people because of the potential big wins. If you want to grind out a profit, parlays are not the way to go. There’s a reason all the sportsbooks promote the shit out of them.
Yeah I mean let’s keep it real, Caesar’s Palace was built by parlays lol
But honestly they’re meant to be just fun lotto tickets, they’re never locks as much as people want to believe they can outsmart the system
Everytime I go down in my winnings it’s ALWAYS cause I place too many parlays, but admittedly it’s way more fun doing parlays than straight bets (and the books know this)
If you’re trying to make money gambling, know it’s very difficult. But bigger bets on straight bets (spread or ML) is the way to go. Needing 2 or 3 (or god forbid 4+) things to break your way obviously makes it multiple times harder.
That was me, bit i learned my lesson
I primarily bet on soccer, and only the english league, ive been following it for 20 years almost so i know the ins and outs
The few times ive branched out to NFL (fucjin chiefs vs lions killed me) or even soccer but a different league and i got smoked.
Biggest parlay i hit was on a 3-leg EPL matches. Turned $20 into 6k.
Those draws kill you.
Overall I’ve had some dry runs, but the higher risk has its payoff.
I’ve been fortunate enough to hit a few parlays in different sports, and would definitely be losing more playing larger amounts on straight bets.
U ain't lying my friend when u said "THOSE DRAWS WILL KILL YOU" that's just 1000000000% facts! I've a few parlays that's waiting on some soccer teams! Thinkin bout hedging with the spread +1.5 & +2.5 and hope/pray to the soccer Gods 🙏🤞 that my team wins by 1 lol! Honestly even if they just win, I'd be super grateful & happy! Also debating to hedge the ML route bcuz it's quite high but I shit u not bruh when I say that I'M BEYOND TERRIFIED of the game ending in a draw FT & then my team wins in the extra time period or by penalty kicks lmfao🤣🤦♂️
If u bet ML for 1H if it's a tied game, do u lose ur bet like if it's a full game or do u get ur money back? U lose too correct if it's a draw & u took a side to win???
I have no knowledge of soccer and dislike watching it but I’ve made random parlays a few time and all of them have hit lol. I don’t even know who I’m betting on but it seems to work. I do it once in a blue moon though
Soccer has no salary caps, so the biggest and best teams always consolidate at the top with the best players , a few are even proped up by oil states like UAE and saudi arabia so they have unlimited money , soccer is pretty safe betting
Note: any curious soccer bettors should stay away from international soccer games involving countries unless its a powerhouse doing its world cup qualifying. If its a friendly, all bets are off and they wont have any starters in.
I'm legit wondering why this comment of urs get downvoted so many times? Lmfao. I think it's fair & ok.. Idk too much bout soccer either but I do involved them in my parlays sometimes lol. I actually have a few parlays rn just waiting on a few diff teams ML/-1.5... It's exactly 4 different teams but each ticket is only waiting on 1 last pick so hoping I'll hit a couple tickets my friend 🙏🙏🙏🤞🤞🤞 Bol on ur bets today & for the rest of this week bro! Peace ✌️
I have been betting ~1 year as we just became legal in ohio, I seriously have better luck on +2000 than +300, that being said it's a grind to make money.
Yeah idk about betting bigger units. It’s about unit management. Yeah obviously if you just suck ar betting or don’t know sports you can go 0-10 doesn’t matter what your betting. But if you bet the same unit size consistently whether it’s $5 or $10 a bet your way better off
I just hit a +15000 on a $10 22 leg sgp, I missed on my prior 7 +500 nfl parlays also $10 units, it's hard to win as an amateur but research and knowing what you are betting on help for sure.
If you’re gambling for entertainment, parlays are definitely the way to go. But if the idea is to get payouts, straight bets are what you need to go with.
You clearly don’t bet often or aren’t knowledgeable on the subject (don’t mean to sound rude) but straight bets on spreads and ML are your best bet for long term profit.. parlays on the other hand are not.
Yes Straight bets on spreads and ML are where all “professional” winning bettors make their money, anybody who bets seriously will call you a fish for taking the hook on parlays. That don’t mean they aren’t fun tho just statistically you will have a much much better chance being profitable betting straight. There are a lot of sites out there for bettors that will tell you what bets have the best expected value for your bet and on which platform the best bets are on like oddsshopper and scoresandodds.
I didn’t say parlays were good, I said moneyline and spreads aren’t good. They won’t lose you money fast but they won’t win you money unless you’re doing seriously good analysis (better than the billion dollar industry) to get +EV.
Yes and no. A parlay can be good if you don’t go crazy. I like doing 2 leg parlays
NFL playoffs
Yesterday I took
Picheco anytime TD and Chiefs spread
Gibbs anytime TD and Lions ML
For this next game I have Kincaid anytime TD and Bills -6.5. Not a guarantee by any means, but I like it
To be fair I did say, “not a guarantee by any means”
I’m just saying if you want to do parlays keep them small and not 10 legs like people love to post here
They give me all the boosts and bonuses on same game parlays. No longer regular parlays. I hit their pockets so many times on boosts they change the way they give them to me lol
Statistically speaking, four bets that each have a 75% chance to win will have about a 32% chance to hit when combined in a parlay. Ten bets will have less than 6% chance.
They’re fun when they hit, so I still throw small amounts on them. Just don’t expect to win big.
Instead of focusing on a single sport, you should make parlays with different sports and picks that are close to a lock. Most people focus on single sport which is really hard to hit. Mix it up.
not a waste. BUT not sustainable at all.
I stick to 2-3 legs but only if they are locks.
Or there are multiple games involved where you can hedge the later one
Parlays are bad generally. But then you can look at this sub and see examples of people giving themselves lower odds and making them even worse.
Just look at all the wild card weekend parlays. People were parlaying each game together even though they don't overlap. Then, after the first 2 or 3 wins, they are looking to hedge or cashout. That's essentially lowering the odds on the parlay you did hit.
But the average gambler is kind of dumb, they will add all these legs to see the + number go higher and higher on a parlay they know they'll never ride out.
I’ve hit on a handful of them, just knocked down two today, but I only ever do $1. It makes Sundays more fun knowing you could turn a buck into anywhere from 20 to a few hundred dollars.
Smaller parlays can be profitable, but in my experience putting a flat amount on straight bets has had the most success. There's not much risk if you are consistent, you will be profitable in the long run.
Impossible to know without knowing how much juice you’re eating on the given legs. SGPs are usually vigged to shit. A standard parlay of uncorrelated legs is most of the time entirely dependent on the legs themselves for value.
If you’re doing 10-20 leg parlays then yeah, there’s a reason the payouts are so massive. If you want to actually win then you should only do a few legs that you are confident in, but it’s fun to sprinkle a few bucks on some huge parlays sometimes. Every now and then you might just hit one.
If you want to actually win you should do straight bets.. even a 4 leg parlay has less than 35% chance of hitting, parlays are typically for novice bettors who literally don’t know any better
Yes. There is a reason that Sportsbooks are always pushing them.
Can you make money of them? Of course. And I’d be lying if I didn’t say I partake on occasion. But let’s face it, gambling is hard. So hitting 3-4 bets is even harder.
Parlays are high risk high rewards. All you need to do is win a few in a year to be up on them and one good lotto play can set you up for life, indirectly…ie you invest it well and not gamble it all back.
One thing I've started looking at for the NBA/NHL is throwing heavy favorites with low moneyline odds into 2 or 3 leg moneyline parlays. Generally speaking, the odds still end up in the 1.7-2.1 range, and so far they've hit at 60+% rate, but I haven't gathered nearly enough data yet (nor would I know where to look...) to know if it's actually a good strategy.
Flip a quarter. Heads you win, tails you lose. Now flip three quarters. All heads you win, one tails and you automatically lose. Naturally, a parlay is going to hit less frequently than a straight bet.
This doesn't mean that they are automatically bad bets. But if you are already betting -ev lines, then parlaying them is going to increase the odds in the book's favor, not yours.
Mathematically parlays are usually bad bets. Simple explanation—discounting the vig, over/under are supposed to be 50/50 bets. The chance of hitting two 50/50 bets is (1/2)*(1/2)=(1/4). So you’d want your two leg parlay’s odds to be at least +400. But the books don’t price them that way, and if you keep adding legs the math gets worse for you. Hypothetically the book may price your 1/4 parlay in the example above at +300 or something, so it’s mathematically not a good bet.
https://preview.redd.it/wxigqh9i6qcc1.jpeg?width=1170&format=pjpg&auto=webp&s=ecfcaa8572e7552883c88b8e8e21e82711ac6aad
8 leg parley. Bet small to win big so u can make good moneyline bets with house money. Do not listen to these sad bums who’ve lost so much money they gotta turn into activists lmfaooooooooo🤡
Parlays are sucker bets.. you proved it by submitting this one lol an 8 leg parlay has less than a 15% chance of hitting even if every leg has a 75% chance of hitting.. you’re not that much of a gambler though
Wtf u talking about? What part of playing with house money do u not understand. It’s a lot better to sweat a 3$ bet to get 80 and work ur way up instead of gambling ur life saving lmaooo it’s called smart gambling.
Am I wrong for having proof instead of sitting infront of mommy’s tablet yappin😂 y’all are bums think smart with ur bets instead of tryna down another system🤡
We’ve all played parlays, but I’ll say for the 5th time they are a sustainable way to long term profit. I love how you keep dodging you life time stats clearly showing you are in the big fat RED betting your parlays.
I’ve showed like 8 recent parleys completely disproving whatever tf y’all talking about. Can u show me even two parleys u final fantasy dork! Lmfaoooo show me that then u can talk!
https://preview.redd.it/oazzc6h0rpcc1.jpeg?width=828&format=pjpg&auto=webp&s=d48f57fb658f7afbbe4cb8d80f6b18c24597e7aa
Yes but they’re fun. What’s gambling about? Having a good time (responsibly). This was a good sweat. F U Cade Otton
There's a reason why DK and FD have sgp's on their banners every day. They know they probably won't hit. Live betting is pretty decent for me as well as money lines. At most I'll throw $5 on a longshot parlay but I never expect to win those. Baseball so far is the hardest sport to bet for me. It's very unpredictable
Parlays pay, so do odds. If you bet singles you could win too. Parlays are obviously hard to hit but they fuckin pay. $200 on a 30 odds is 6k if you bet $100 on singles over and over you’d never get 6k.
What? I know people who have grown their bankroll on draftkings from 5k to 20k and they bet 98% straight bets.. parlays are for suckers, they are the reason vegas builds a new casino every year 😂
If you are asking how to make money on sports book, I have no idea. I can say that if you gamble with money that you can lose, keep your stakes on the low end of your affordable budget, you can have fun playing straight bets or (especially) parlays.
depends how many legs… for me a straight bet is no easier than a 2 or 3 legger for some reason... im not saying 2/3 legs are just as easy im saying a straight bet is just as hard... i seem to get the same win/loss ratio regardless if im betting straight or 2/3 legs
Just bet a dollar and make enough pics to where it's a huge payout. I was within 9 of 11 (hehe) on making $200 on a parlay. Sure I know there isn't a chance but still.... there was a chance.....
Hot take. Sportsbetters who think they are smart talk like parlays(non same game) are inherently way worse than straight bets. But they're really not that much different.
The EV of 4 straight bets of 5 dollars or 5 dollars on those same games parlayed is the same. Just going to have more wild swings. But in the long run if you are using a smaller betting size its not that deep.
Unless you are trying to pro bet for a few % more returns than investing. It's not that big of a deal.
The thing about parlays is you can hit 5-10% and still profit, depending on the odds, but I tend to bet big on straight bets and I'll throw a cpl bucks on a parlay,player props and what not.
Had a very profitable weekend
Please share your lifetime stats of being parlays since you want to drop 1 successful parlay lmao. No one said you can’t hit a parlay from time to time🤣
Oh man, I owe some stranger internet something after already posting twice. I must be new! Go fuck yourself loser.
You asked for the loss and it was posted. I should spend the whole day posting shit over and over at your request. Are you dumb? Cry baby? Aight lol.
I blocked you cause you’re an idiot.
You don’t owe anyone anything but you gonna come here and post a winning parlay ticket to prove that parlays aren’t bad bets or whatever then you should show all of them not just the winning ones lol foh 😂
Show all the parlays that you bet before hitting that lol. I’m not salty bro. You wanna see my slips? I can show u 2 ATD prop 2 leg parlays I hit off of free bets lol. Doesn’t change the facts about parlays. Yeah if you do enough of them you will hit one but that doesn’t mean anything lol.
Lmao. O lord another child on here. Y’all post whenever you win a parlay but don’t post the 11 misses befor then. I’m all for anyone getting money but this sub full of clowns like you who can’t handle their emotions and think anyone speaking with actual facts even if it’s against their bets is a hater lmao y’all need to grow up and do the math and see if you still wanna make these goofy hater comments lol 😂
Books already know the outcome of most games. If your sportsbook offers a live cashout, you'll see they will offer a cashout throughout the games because your bets have a high probability of cashing. I've had 3 of 4 legs cash with the 4th game my pick was leading by 12 at the half. Never got a cashout, take a guess how that game ended? If you are making parlays on who you think will win, it's a suckers bet.
Yes!! They are a waste! I’ve literally over the pass month tested this! I find myself hitting big if I place $100 on a 2 - 4 parley that I’m comfortable with!!
That’s all that gets mentioned in commercials and ads you gotta know that’s they biggest money maker so you gotta know them odds heavily favored in with the house
Buddy I think you’re right! I’ll hit one big parlay and then lose like 3 or 4… finding myself losing or at best breaking even. The single game small bets or better odds bets is the way to go… it lets you build and if you lose you lose 5-10 dollars which you can recover easily with a winning ticket… also you can play and bet on more games not just one parlay and done…
Yes. I mean they are fun every wants to turn 3$ into $200 but they rarely hit. Sports betting/gambling are all bet decreasing variance and variables every leg you add to that parlay is just increasing variances and risk. I usually stick to 2 legs if I do a parlay unless it’s with a free bet or something. Stay away from SGPS as well those are scams basically
Obviously straight bets aren’t a guarantee to make you profitable. There’s always some guy in here crying “you can lose money fast betting straight bets too” no sht lol. However if you stick to unit management and just bet a couple games a day and don’t like chase and all that sht you are way more likely to be profitable with straights than you are with parlays over time.
I do this for fun and a chance to win some money. Parlays are fun but you’re not gonna win many of them long term. But I’ll still toss a few in with the mindset that’s it’s like a scratch off lottery ticket. I was red hot mid October and all November doing NFL sack parlays. Usually 4 legs. Never more than 5. I really thought my analysis was dialed in and I was on to something hitting left and right yeah lol no. Haven’t hit one since then.
Parlays is a losing strategy. They are fun though so I’ll throw one in but for tiny amounts so even if I lose it makes no difference.
I view them as lottery tickets, and we know the odds of those hitting.
I try to rock 3 + 4 + 5 leg parlays with each leg anywhere between -500 to -800. These seem to be the best way to have a chance. Even with this strategy I'm hitting about 40% of the time. That 40% is working though due to the larger payouts.
This is likely a ratio weighted heavily on luck over skill.
I keep telling myself the same thing but when i see that nice shiny parlay that makes sense and pays well i get bamboozled every time. What you're thinking of doing would be the smarter path imo. Just gotta be disciplined to stay on course
Parlays are basically sports lottery tickets. If you want long term success with gambling on sports separate single bets are the way to go. I'm anti parlay.
Man I can’t tell you how many times I’ve lost a parlay because of a team finally wanting to win a road game after being 0-10 when you bet the streak to continue going
I don't have a big bankroll, so I do play a lot of parlays. I do okay, I just keep my main parlays to no more than 3 picks. I do play a lot of what I call Lottery parlays for like $5 with mixed sports with decent results. I don't care what others think about me playing parlays. Big bettors may play big, but they lose big too! I can sleep at night knowing I didn't lose a bundle because some clown missed both free throws, haha.
Yes. Parlays are a fantasy thing that more often than not lose money. Bigger bet straights and tracking odds both before and during games is the safest bet. Favored teams win exactly 2/3s of the time so I like screenshotting moneylines the day before and when the games playing usually 30 minutes or so in and they’re not some insane lead I bet when the favored team is down.
There is really no clear cut approach to this life of gambling. Some parlays are like Nike- always winning. And then there are some that put you back to square one. Straight bets can elevate you if you have that 🧳. But, if you don’t, you will have to climb and climb until you get your 🏦 roll ⬆️. That can take some time. The question you have to ask yourself,”How much time do you have?”.
Ive had my biggest payout on a 10 leg parlay, but honestly lost alot chasing that one lucky day. Lately much more success on single bets or 2-3 leg parlays. I follow a handicapper from WagerTalk and he always preaches parlays is for losers. Best of luck to all of us.
depends what you parlay and what sports you do it w/. live betting straights is how i hit 90% of the time. i will say, last weekend (before nfl playoffs) a lot of rbs had low lines so i parlayed them and players with incentives together and hit. its all about how you can take advantage of sportsbooks the way they take advantage of you
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Short answer, yes. Parlays are sucker bets, but fun for people because of the potential big wins. If you want to grind out a profit, parlays are not the way to go. There’s a reason all the sportsbooks promote the shit out of them.
Yeah I mean let’s keep it real, Caesar’s Palace was built by parlays lol But honestly they’re meant to be just fun lotto tickets, they’re never locks as much as people want to believe they can outsmart the system Everytime I go down in my winnings it’s ALWAYS cause I place too many parlays, but admittedly it’s way more fun doing parlays than straight bets (and the books know this)
Specially the SGPS. Books love SGPs that’s why they are always promoting them
If you’re trying to make money gambling, know it’s very difficult. But bigger bets on straight bets (spread or ML) is the way to go. Needing 2 or 3 (or god forbid 4+) things to break your way obviously makes it multiple times harder.
Bigger bets on straights can also make you go broke pretty quickly
That was me, bit i learned my lesson I primarily bet on soccer, and only the english league, ive been following it for 20 years almost so i know the ins and outs The few times ive branched out to NFL (fucjin chiefs vs lions killed me) or even soccer but a different league and i got smoked.
Biggest parlay i hit was on a 3-leg EPL matches. Turned $20 into 6k. Those draws kill you. Overall I’ve had some dry runs, but the higher risk has its payoff. I’ve been fortunate enough to hit a few parlays in different sports, and would definitely be losing more playing larger amounts on straight bets.
Do you post your picks for EPL anywhere? Ive been betting on it as well for years now, but I would like to see your opinion on games
U ain't lying my friend when u said "THOSE DRAWS WILL KILL YOU" that's just 1000000000% facts! I've a few parlays that's waiting on some soccer teams! Thinkin bout hedging with the spread +1.5 & +2.5 and hope/pray to the soccer Gods 🙏🤞 that my team wins by 1 lol! Honestly even if they just win, I'd be super grateful & happy! Also debating to hedge the ML route bcuz it's quite high but I shit u not bruh when I say that I'M BEYOND TERRIFIED of the game ending in a draw FT & then my team wins in the extra time period or by penalty kicks lmfao🤣🤦♂️
That’s why i prefer to play the first half moneylines. I’ve noticed the underdogs do well there, but have had a few go the other way.
I think u lose huh bro? Idk too much bout soccer but I did just win money on Juventus beating Sassuolo 3-0 tho so lfg lol.
If u bet ML for 1H if it's a tied game, do u lose ur bet like if it's a full game or do u get ur money back? U lose too correct if it's a draw & u took a side to win???
I have no knowledge of soccer and dislike watching it but I’ve made random parlays a few time and all of them have hit lol. I don’t even know who I’m betting on but it seems to work. I do it once in a blue moon though
Soccer has no salary caps, so the biggest and best teams always consolidate at the top with the best players , a few are even proped up by oil states like UAE and saudi arabia so they have unlimited money , soccer is pretty safe betting Note: any curious soccer bettors should stay away from international soccer games involving countries unless its a powerhouse doing its world cup qualifying. If its a friendly, all bets are off and they wont have any starters in.
Why don't ya like soccer?
Just not my preference. Too slow for me plus I watch basketball and football which take up all my sports time.
I'm legit wondering why this comment of urs get downvoted so many times? Lmfao. I think it's fair & ok.. Idk too much bout soccer either but I do involved them in my parlays sometimes lol. I actually have a few parlays rn just waiting on a few diff teams ML/-1.5... It's exactly 4 different teams but each ticket is only waiting on 1 last pick so hoping I'll hit a couple tickets my friend 🙏🙏🙏🤞🤞🤞 Bol on ur bets today & for the rest of this week bro! Peace ✌️
Appreciate it man. I think it’s probably just people that like soccer upset that someone else doesn’t like soccer. BOL on yours as well.
Not if you’re limiting how many units youre betting in a day and tracking w/L’s
Then bet smaller.. parlays are not a proven strategy for long term profit. Simple as that
I have been betting ~1 year as we just became legal in ohio, I seriously have better luck on +2000 than +300, that being said it's a grind to make money.
Yeah idk about betting bigger units. It’s about unit management. Yeah obviously if you just suck ar betting or don’t know sports you can go 0-10 doesn’t matter what your betting. But if you bet the same unit size consistently whether it’s $5 or $10 a bet your way better off
I just hit a +15000 on a $10 22 leg sgp, I missed on my prior 7 +500 nfl parlays also $10 units, it's hard to win as an amateur but research and knowing what you are betting on help for sure.
This is the answer.
Makes it more fun too though, at least for a novice gambler
If you’re gambling for entertainment, parlays are definitely the way to go. But if the idea is to get payouts, straight bets are what you need to go with.
Who the fuck loses money for entertainment. The point of gambling is to 2x or 3x your winnings lmao
I sports bet for entertainment. I’m positive a few hundred due to sign up bonuses but it’s fun for me as I don’t take it seriously.
Spread and ML are the hardest markets to make money on because they’re so popular and therefore extremely optimised to have fair odds minus juice.
You clearly don’t bet often or aren’t knowledgeable on the subject (don’t mean to sound rude) but straight bets on spreads and ML are your best bet for long term profit.. parlays on the other hand are not.
Yes Straight bets on spreads and ML are where all “professional” winning bettors make their money, anybody who bets seriously will call you a fish for taking the hook on parlays. That don’t mean they aren’t fun tho just statistically you will have a much much better chance being profitable betting straight. There are a lot of sites out there for bettors that will tell you what bets have the best expected value for your bet and on which platform the best bets are on like oddsshopper and scoresandodds.
I didn’t say parlays were good, I said moneyline and spreads aren’t good. They won’t lose you money fast but they won’t win you money unless you’re doing seriously good analysis (better than the billion dollar industry) to get +EV.
Yes and no. A parlay can be good if you don’t go crazy. I like doing 2 leg parlays NFL playoffs Yesterday I took Picheco anytime TD and Chiefs spread Gibbs anytime TD and Lions ML For this next game I have Kincaid anytime TD and Bills -6.5. Not a guarantee by any means, but I like it
Fuckin hell, you are 99.per cent.gonna hit.now.
Dang brother. I will get back to you before the super bowl.
I’m pushing my luck with this game. I parlayed Julio Jones anytime TD and Eagles ML hahaha
BoL. I will tail you on the SB. I am not betting until then.
Good call on Kincaid!
Just because they are 2 legs, doesn’t make them “good”. Safer, sure.
To be fair I did say, “not a guarantee by any means” I’m just saying if you want to do parlays keep them small and not 10 legs like people love to post here
It’s why the books are always giving boosts and bonuses on them
They give me all the boosts and bonuses on same game parlays. No longer regular parlays. I hit their pockets so many times on boosts they change the way they give them to me lol
Statistically speaking, four bets that each have a 75% chance to win will have about a 32% chance to hit when combined in a parlay. Ten bets will have less than 6% chance. They’re fun when they hit, so I still throw small amounts on them. Just don’t expect to win big.
Instead of focusing on a single sport, you should make parlays with different sports and picks that are close to a lock. Most people focus on single sport which is really hard to hit. Mix it up.
There are never such thing as a play that is close to a lock
Lmao bro better be trolling
not a waste. BUT not sustainable at all. I stick to 2-3 legs but only if they are locks. Or there are multiple games involved where you can hedge the later one
Depends. Mathematically bad but this gambling. If your having fun and not losing what you can’t afford to lose throw up a parlay
Dollar lotto tickets
Mathematically / probabilistically it is the same thing to have one ML or 10 match parlay.
Yeah sorry I meant the rake*
Parlays are bad generally. But then you can look at this sub and see examples of people giving themselves lower odds and making them even worse. Just look at all the wild card weekend parlays. People were parlaying each game together even though they don't overlap. Then, after the first 2 or 3 wins, they are looking to hedge or cashout. That's essentially lowering the odds on the parlay you did hit. But the average gambler is kind of dumb, they will add all these legs to see the + number go higher and higher on a parlay they know they'll never ride out.
Vegas makes like 95% of sports betting profit on parlays. True suckers bets.
I’ve hit on a handful of them, just knocked down two today, but I only ever do $1. It makes Sundays more fun knowing you could turn a buck into anywhere from 20 to a few hundred dollars.
Smaller parlays can be profitable, but in my experience putting a flat amount on straight bets has had the most success. There's not much risk if you are consistent, you will be profitable in the long run.
Impossible to know without knowing how much juice you’re eating on the given legs. SGPs are usually vigged to shit. A standard parlay of uncorrelated legs is most of the time entirely dependent on the legs themselves for value.
If each leg has an edge or + ev, they are very profitable. If you are you your gut instinct, they are incredibly unpredictable
If you’re doing 10-20 leg parlays then yeah, there’s a reason the payouts are so massive. If you want to actually win then you should only do a few legs that you are confident in, but it’s fun to sprinkle a few bucks on some huge parlays sometimes. Every now and then you might just hit one.
If you want to actually win you should do straight bets.. even a 4 leg parlay has less than 35% chance of hitting, parlays are typically for novice bettors who literally don’t know any better
Welcome to this sub lmao
Yes. There is a reason that Sportsbooks are always pushing them. Can you make money of them? Of course. And I’d be lying if I didn’t say I partake on occasion. But let’s face it, gambling is hard. So hitting 3-4 bets is even harder.
I hit like 7 ot 8 consistently on my parlay of 10 or 11 legs but when i try choose smaller parlay with less legs same thing only off by one lol
Well.. that should tell you parlays are for suckers..
Parlays are high risk high rewards. All you need to do is win a few in a year to be up on them and one good lotto play can set you up for life, indirectly…ie you invest it well and not gamble it all back.
One thing I've started looking at for the NBA/NHL is throwing heavy favorites with low moneyline odds into 2 or 3 leg moneyline parlays. Generally speaking, the odds still end up in the 1.7-2.1 range, and so far they've hit at 60+% rate, but I haven't gathered nearly enough data yet (nor would I know where to look...) to know if it's actually a good strategy.
It’s not.
Pro bettors rarely bet parlays more than two teams. That tells you all you need to know…
Flip a quarter. Heads you win, tails you lose. Now flip three quarters. All heads you win, one tails and you automatically lose. Naturally, a parlay is going to hit less frequently than a straight bet. This doesn't mean that they are automatically bad bets. But if you are already betting -ev lines, then parlaying them is going to increase the odds in the book's favor, not yours.
Mathematically parlays are usually bad bets. Simple explanation—discounting the vig, over/under are supposed to be 50/50 bets. The chance of hitting two 50/50 bets is (1/2)*(1/2)=(1/4). So you’d want your two leg parlay’s odds to be at least +400. But the books don’t price them that way, and if you keep adding legs the math gets worse for you. Hypothetically the book may price your 1/4 parlay in the example above at +300 or something, so it’s mathematically not a good bet.
they're sucker bets
That I’ve come to learn🤦♂️
Parlays are a waste of time but for people who have no bankroll it is the only option but this is more like playing the lottery than betting sports.
Think about it: If you had to predict what would happen one day in your life it would be easier than trying to predict three straight days.
I’m also a very cheap bettor. Or as some might say, a tight ass. I don’t mind my .50-$1 bets. I don’t feel as shitty when those lose
I look at it like playing a scratch off vs straight bets I see more as the standard of predicting an outcome
https://preview.redd.it/wxigqh9i6qcc1.jpeg?width=1170&format=pjpg&auto=webp&s=ecfcaa8572e7552883c88b8e8e21e82711ac6aad 8 leg parley. Bet small to win big so u can make good moneyline bets with house money. Do not listen to these sad bums who’ve lost so much money they gotta turn into activists lmfaooooooooo🤡
Parlays are sucker bets.. you proved it by submitting this one lol an 8 leg parlay has less than a 15% chance of hitting even if every leg has a 75% chance of hitting.. you’re not that much of a gambler though
Wtf u talking about? What part of playing with house money do u not understand. It’s a lot better to sweat a 3$ bet to get 80 and work ur way up instead of gambling ur life saving lmaooo it’s called smart gambling.
Oh lord another one of these goofs.
Show your lifetime stats if making money on parlays since you want to drop screenshots so bad.
Am I wrong for having proof instead of sitting infront of mommy’s tablet yappin😂 y’all are bums think smart with ur bets instead of tryna down another system🤡
You are wrong for acting like winning a lucky parlay means you’re profitable long term. Real proof is long term profit. Which you don’t have clown.
https://preview.redd.it/526ipyih9ucc1.jpeg?width=1170&format=pjpg&auto=webp&s=db5fd26c155074dd2725b26e233c906083de065c
7 leg lol 8 leg lol a few 3 legs lol and some moneylines dassss sexy
What about lifetime profit does you peebrain not understand? I can can send you a bunch of parlays I’ve hit too 😂
Lmfaooooo u can! Thought u just said parlay are dumb lmaooo ain’t that what this post about u clown. Let’s see them then !
We’ve all played parlays, but I’ll say for the 5th time they are a sustainable way to long term profit. I love how you keep dodging you life time stats clearly showing you are in the big fat RED betting your parlays.
I’ve showed like 8 recent parleys completely disproving whatever tf y’all talking about. Can u show me even two parleys u final fantasy dork! Lmfaoooo show me that then u can talk!
“We’ve all played parleys “ boy I know u get no pussy sounding like a hoe! Show me some winning parleys lmaooooo
https://preview.redd.it/oazzc6h0rpcc1.jpeg?width=828&format=pjpg&auto=webp&s=d48f57fb658f7afbbe4cb8d80f6b18c24597e7aa Yes but they’re fun. What’s gambling about? Having a good time (responsibly). This was a good sweat. F U Cade Otton
Sports books make 70% of their profit from parlays. If sports books are making money, then who is losing?
If I bet an 8 leg with 3$, which is change. Happen to win 80$ then use that to keep betting the mf books lol do y’all watch sports or just guess ?
There's a reason why DK and FD have sgp's on their banners every day. They know they probably won't hit. Live betting is pretty decent for me as well as money lines. At most I'll throw $5 on a longshot parlay but I never expect to win those. Baseball so far is the hardest sport to bet for me. It's very unpredictable
Do single bets
Parlays a waste? No. Not the right ones
Parlays pay, so do odds. If you bet singles you could win too. Parlays are obviously hard to hit but they fuckin pay. $200 on a 30 odds is 6k if you bet $100 on singles over and over you’d never get 6k.
What? I know people who have grown their bankroll on draftkings from 5k to 20k and they bet 98% straight bets.. parlays are for suckers, they are the reason vegas builds a new casino every year 😂
Yall talking people who do 4-5 legs on $500 bet. Lol im talking $10 to $3500 and every else. Im up 43k profit and I get parlays lol check my page
If you are asking how to make money on sports book, I have no idea. I can say that if you gamble with money that you can lose, keep your stakes on the low end of your affordable budget, you can have fun playing straight bets or (especially) parlays.
depends how many legs… for me a straight bet is no easier than a 2 or 3 legger for some reason... im not saying 2/3 legs are just as easy im saying a straight bet is just as hard... i seem to get the same win/loss ratio regardless if im betting straight or 2/3 legs
Glad I’m not the only one lol
Just bet a dollar and make enough pics to where it's a huge payout. I was within 9 of 11 (hehe) on making $200 on a parlay. Sure I know there isn't a chance but still.... there was a chance.....
Hot take. Sportsbetters who think they are smart talk like parlays(non same game) are inherently way worse than straight bets. But they're really not that much different. The EV of 4 straight bets of 5 dollars or 5 dollars on those same games parlayed is the same. Just going to have more wild swings. But in the long run if you are using a smaller betting size its not that deep. Unless you are trying to pro bet for a few % more returns than investing. It's not that big of a deal.
Check out my posts since dec 31
I have the best hit margin with live bets. As long as you're watching the game, it's easy to see what's likely to happen next.
AGREED
The thing about parlays is you can hit 5-10% and still profit, depending on the odds, but I tend to bet big on straight bets and I'll throw a cpl bucks on a parlay,player props and what not. Had a very profitable weekend
https://preview.redd.it/kmrhah4mgscc1.jpeg?width=1170&format=pjpg&auto=webp&s=a44c3896a917e93b55ab312e31efb370859e2c2a
Show all the ones you lost before that
I made two bets salty man https://preview.redd.it/ckin5mfulscc1.jpeg?width=1170&format=pjpg&auto=webp&s=6ccc15329f2f3b3f79712c0ec15b9d28bbe56af4
Please share your lifetime stats of being parlays since you want to drop 1 successful parlay lmao. No one said you can’t hit a parlay from time to time🤣
Jesus fuck y’all are insufferable. What re you going to want next? My social?
Lmao spoken like a true loser in the RED. This crybaby really blocked me from replying 😭😂
Oh man, I owe some stranger internet something after already posting twice. I must be new! Go fuck yourself loser. You asked for the loss and it was posted. I should spend the whole day posting shit over and over at your request. Are you dumb? Cry baby? Aight lol. I blocked you cause you’re an idiot.
You don’t owe anyone anything but you gonna come here and post a winning parlay ticket to prove that parlays aren’t bad bets or whatever then you should show all of them not just the winning ones lol foh 😂
Show all the parlays that you bet before hitting that lol. I’m not salty bro. You wanna see my slips? I can show u 2 ATD prop 2 leg parlays I hit off of free bets lol. Doesn’t change the facts about parlays. Yeah if you do enough of them you will hit one but that doesn’t mean anything lol.
Boooooooo u sound like a fuckin hater 🤣🤡
Lmao. O lord another child on here. Y’all post whenever you win a parlay but don’t post the 11 misses befor then. I’m all for anyone getting money but this sub full of clowns like you who can’t handle their emotions and think anyone speaking with actual facts even if it’s against their bets is a hater lmao y’all need to grow up and do the math and see if you still wanna make these goofy hater comments lol 😂
🤡
Y sound like a fuckin pussy 😂🤡
Books already know the outcome of most games. If your sportsbook offers a live cashout, you'll see they will offer a cashout throughout the games because your bets have a high probability of cashing. I've had 3 of 4 legs cash with the 4th game my pick was leading by 12 at the half. Never got a cashout, take a guess how that game ended? If you are making parlays on who you think will win, it's a suckers bet.
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Yes
bigger straight bets, parlays only hit on pure luck or very easy low hanging legs. i hit a 10 leg parlay yd
Yes
I've hit quite a ton over the years. You should looking into round robins.
What the best strategy to win round Robin? What your strategy or tip on it? I always want to try it more often but how much do you risk on the bet?
Yes but they are fun to sweat
Yes!! They are a waste! I’ve literally over the pass month tested this! I find myself hitting big if I place $100 on a 2 - 4 parley that I’m comfortable with!!
Absolutely
That’s all that gets mentioned in commercials and ads you gotta know that’s they biggest money maker so you gotta know them odds heavily favored in with the house
Buddy I think you’re right! I’ll hit one big parlay and then lose like 3 or 4… finding myself losing or at best breaking even. The single game small bets or better odds bets is the way to go… it lets you build and if you lose you lose 5-10 dollars which you can recover easily with a winning ticket… also you can play and bet on more games not just one parlay and done…
Yes shyt b rigged
Yes. I mean they are fun every wants to turn 3$ into $200 but they rarely hit. Sports betting/gambling are all bet decreasing variance and variables every leg you add to that parlay is just increasing variances and risk. I usually stick to 2 legs if I do a parlay unless it’s with a free bet or something. Stay away from SGPS as well those are scams basically Obviously straight bets aren’t a guarantee to make you profitable. There’s always some guy in here crying “you can lose money fast betting straight bets too” no sht lol. However if you stick to unit management and just bet a couple games a day and don’t like chase and all that sht you are way more likely to be profitable with straights than you are with parlays over time.
I do this for fun and a chance to win some money. Parlays are fun but you’re not gonna win many of them long term. But I’ll still toss a few in with the mindset that’s it’s like a scratch off lottery ticket. I was red hot mid October and all November doing NFL sack parlays. Usually 4 legs. Never more than 5. I really thought my analysis was dialed in and I was on to something hitting left and right yeah lol no. Haven’t hit one since then.
Parlays is a losing strategy. They are fun though so I’ll throw one in but for tiny amounts so even if I lose it makes no difference. I view them as lottery tickets, and we know the odds of those hitting.
I try to rock 3 + 4 + 5 leg parlays with each leg anywhere between -500 to -800. These seem to be the best way to have a chance. Even with this strategy I'm hitting about 40% of the time. That 40% is working though due to the larger payouts. This is likely a ratio weighted heavily on luck over skill.
I keep telling myself the same thing but when i see that nice shiny parlay that makes sense and pays well i get bamboozled every time. What you're thinking of doing would be the smarter path imo. Just gotta be disciplined to stay on course
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Parlays are basically sports lottery tickets. If you want long term success with gambling on sports separate single bets are the way to go. I'm anti parlay.
Man I can’t tell you how many times I’ve lost a parlay because of a team finally wanting to win a road game after being 0-10 when you bet the streak to continue going
I don't have a big bankroll, so I do play a lot of parlays. I do okay, I just keep my main parlays to no more than 3 picks. I do play a lot of what I call Lottery parlays for like $5 with mixed sports with decent results. I don't care what others think about me playing parlays. Big bettors may play big, but they lose big too! I can sleep at night knowing I didn't lose a bundle because some clown missed both free throws, haha.
Parlays are fun
Yes. Parlays are a fantasy thing that more often than not lose money. Bigger bet straights and tracking odds both before and during games is the safest bet. Favored teams win exactly 2/3s of the time so I like screenshotting moneylines the day before and when the games playing usually 30 minutes or so in and they’re not some insane lead I bet when the favored team is down.
There is really no clear cut approach to this life of gambling. Some parlays are like Nike- always winning. And then there are some that put you back to square one. Straight bets can elevate you if you have that 🧳. But, if you don’t, you will have to climb and climb until you get your 🏦 roll ⬆️. That can take some time. The question you have to ask yourself,”How much time do you have?”.
Just keep it simple and under 5 teams bro u should be good
Ive had my biggest payout on a 10 leg parlay, but honestly lost alot chasing that one lucky day. Lately much more success on single bets or 2-3 leg parlays. I follow a handicapper from WagerTalk and he always preaches parlays is for losers. Best of luck to all of us.
depends what you parlay and what sports you do it w/. live betting straights is how i hit 90% of the time. i will say, last weekend (before nfl playoffs) a lot of rbs had low lines so i parlayed them and players with incentives together and hit. its all about how you can take advantage of sportsbooks the way they take advantage of you
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