You will see some sports handicappers out there who think that parlays are sucker bets and should never be used by the bettor. With all due respect to my peers, I’m going to disagree with that statement and show how value bettors can actually use parlays as a tool to win more money. However, it should be noted that for the average bettor who does not win a high percentage of his bets parlays can be disastrous for a bankroll. Let’s take a look at what I would call the average bettor,...
Read more about How Parlays Can Be Profitable House Edge on Parlays - May 20, 2008One of the most popular bets by sports fans is the parlay. However, you have to think more about the house edge rather than the huge possible payouts if you want to get this habit into check and make the most money off of your sports betting. First off, what is a parlay? A parlay is a way of betting on multiple events with the hopes of a big payoff if every single bet wins. If you lose a single wager then it’s just the same as losing them all because you get nothing in return. If you tie...
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