What Is A Parlay Bet? Top Betting Strategies You Should Know Before Betting On Parlays!

Sports bettors love parlays, but are they worthy gambles? Understand parlay bets and the best tips and strategies for profiting off this wildly popular betting market.

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A parlay bet is a single sports bet that includes multiple individual wagers that all must win for the wager to be graded as a winner. Even though the odds are enticing, it’s challenging to turn a profit without an understanding of the bet and a parlay betting strategy.

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Learn new sports betting strategies each week and become an expert in the field.

Our sports betting experts share their exclusive knowledge with you on:

00:00 What is Parlay Betting?
01:19 What is a push on a parlay?
01:55 Forcing true odds
03:26 Calculating true odds parlays.
04:35 3 team parlay strategy
05:04 Advanced Parlay Strategy In Betting
05:30 Clearing Sportsbooks Bonuses
06:01 Circumventing Betting Limits
06:24 Conclusion: Are parlays worthy gambles?

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Welcome to The Joe Holka Show. Today we are going through the truth about parlays from a top betting expert for gambling online with real money. If you have any questions be sure to let me know in the comments!

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30 Comments

  1. Trust In The Universe

    Does all this apply to MMA betting?

  2. Vernon The God

    I just hit a nba 11 leg parlay

  3. Brandon B

    Make an extra or full income betting, I do this full time and offer my picks in my community chat. Join if you’d like 👍 or don’t, idc lol https://discord.gg/Ge35tJxA

  4. Rajesh Siripurapu

    What is parlay bet in parimatch app….?plzz answer

  5. Tholithemba Ntsele

    2 to 3 parlays should be indeed the max. I personally go for odds of 3.00 minimum 🙂

  6. K1980 Pray for the world

    Ok. Say I bet one NFL TEAM. LETS SAY I PARLAY. THE CHIEFS/and Over. At 25$. What are the scenarios and what Do I win or lose and how????????????

  7. KK

    I lost soo many damn high payout parlays by losing 1 damn game in the last few minutes of whatever game

  8. King Storm718

    Its all luck … i hit my first 10 leg parlay and it was all luck

  9. sunsn7

    I'm more successful with same game parlays than multiple team parlays. Started off pretty hot, then cooled off, then went cold, then warmed up but just a bit. Predictably I've lost $350 after being up $350 in the past month.

    I've got multiple small same game parlays on the NBA schedule tonight.

  10. Mike Engelmann

    Can you just bet straight out winner parlays?? Say $100 on 3 -5 teams

  11. Christopher Rivera

    I just hit a 4 team parlay. I'm so happy.

  12. Tyler Roe

    Parlays are only super risky if you’re shit at picking legs. I’m hitting parlays on Fan Duel every single day. They hit at a 75-80% rate. All you have to do is profit .7x-1.2x your initial bet and stick to strict processes so that it’s scientific. I have different rules for different sports. People get greedy/stupid and add too many legs and/or their legs are way too low odds cuz they wanna make a Twitter post turning $5 into $50k

  13. Taco

    The Refs are in control nowadays so you’re better off burning your money for Heat!!!!!!

  14. Heinzbuck Sandcastle

    Correlated parleys are very important, for example. Taking over 1.5 TD for a QB with his favorite WR to score is a great parley.

  15. Gibran Bedra

    PROGRESSIVE PARLAYS!

  16. Brad Bradman

    Unless I can get a correlated two game parlay I never go over three teams

  17. Michael Leite

    I got a 20 teamer last night granted a bunch were serious chalk but still profit 🤷🏻‍♂️

  18. Dawson’s Ocean

    Unless you round robin

  19. Brandon Donahue

    I bet you take these nutz on ur chin with a shaft play and a ball cradle..on the parlay

  20. WONANDONE SPORTSBETTINGNETWORK

    2 team parlay is the best play in the house

  21. creative thinker

    My brother wins parlays. Weekly but only bets on NBA. He wins anywhere from 300-1000. A week. Not betting every day but only big game nights. He does lose. But his bank roll started with 50 and I think he's up to 20,000 now

  22. A&M

    best way to win 2 spread, 2 over&under, 1 Moneyline simple maximum 5 games this way you attack different ways and make money against sports book 5 is your magic number don't get too greedy, please attack the sportsbook with this style of betting thank me later.

  23. Peter Teixeira

    They are lottery tickets

  24. RickeeBoBbee HFN

    U guys have to go with a bookie that offers round robins..cost a little more to play..but it's worth if you only loose 1 or 2 games u still see a profit..its like buying insurance on your bets and you can make as many combinations out of your picks!! Good Luck this Sunday fellas!

  25. carlos

    Round robin your parlay. Period

Comments are closed