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ππ» Hey guys! In today’s video, we explain why you should avoid parlays in sports betting.
Parlays are very popular among sports bettors. It is a bet type, where we put more selections on a ticket and all the games must win in order to win this particular bet.
In this video, I explain through the numbers, why betting on parlays is not a very good idea. Bookmakers love parlays because they have a bigger advantage against bettors.
With the explanation in this video, you can easily create a parlay calculator and see how much you lose with your parlay wager.
This is the only video you’ll need to watch about parlays if you want to become a long-term winner in sports betting.
ππ»ββοΈ Who am I?
I am MB, founder of underdogchance.com and I help sports bettors to build simple sports betting models, so they can use numbers for betting predictions in a very simple and effective way. This channel is dedicated to sharing free sports picks, sports betting model predictions and practical betting advice. I hope you can find this useful!
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Video Rating: / 5
I take your point, however, if you chose a parlay where an underdog is included that makes up for the loss of odds the favourite has incorporated into it, then the loss is obviously mitigated.
Itβs 50/50 and anything can happen on the day. 20-25% of the time in NHL, the long-priced underdog will get up.
Triple – Treble ?
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I play 4 games for 100$ win 4500, I am happy.
Awesome video!
Very well explained, thanks for doing this for people.
I disagree. If you put only good value bets on your parlay then it does make sense to play them. For example, lets say you have 3 game parlay. Lets say all the odds are good value, meaning the teams are paying more than the actual odds of your teams winning. For simplicity we will use whole numbers. Lets say the odds of your team winning are 3, but the odds are paying 4. On a 3 game parlay with those odds mentioned, the chance of all your teams winning is 3x3x3=27, but your odds are paying 4x4x4=64. And the more good value games you add on your ticket, the better it pays. A four game parlay with the same odds are 3x3x3x3=81. but are paying 4x4x4x4=256 and so on. Parlays are good with value bets and get better exponentially, the more good value bets you put on a ticket!!
How do I get on your mailing list for daily selections based upon your number system? I know you moved it to email only.
While I totally understand why this guy says what heβs saying heβs totally wrong .
Not only are parlays not bad bets they are actually the best chance most gamblers will ever have of beating the bookies.
But parlays on short term markets are no good.
Itβs parlays on long term markets that you should be doing .
Now no one listens to anything I say .
But I make a living from parlays and have done since 2004 and can prove it.
And I know that Iβm right .
Good luck to this guy though.