Why try to cash in once on an online sportsbook betting pick when you can potentially double, triple or even quadruple your earnings? Thanks to the expert free betting advice that you’re about receive, you’re going to learn all about making potentially bankroll-boosting parlay picks that could pay huge dividends!
With that said and both, the 2016 college football and NFL postseasons either approaching or rolling right along, let’s learn all about parlay wagering strategy. Let’s get started with an explanation of what a parlay wager is.
Analyzing The Strategies For Betting: How To Make The Most Out Of Your Parlay Picks
What is a Parlay Bet?
A parlay bet, which can also be called an accumulator or combo bet, is a wager on two or more selections that are linked together and is dependent on all wagers winning. In today’s times, not only can you can combine multiple wagers on the same sport, but you can also wager on different sports in what is called cross-sport wagering.
The most basic types of parlay wagers are point spread and Moneyline wagers. Parlay wagers involving point spreads return a fixed payout while money line parlay returns are determined by the odds of each team. A Parlay wager on points spreads and totals could offer a return that looks similar to this one.
- 2 teams 3-1
- 3 teams 6-1
- 4 teams 10-1
- 5 teams 25-1
- 6 teams 40-1
- 7 teams 75-1
- 8 teams 150-1
- 9 teams 300-1
- 10 teams 600-1
In a parlay, your original wager and winnings are re-invested on the next game and all selections must be correct. To make sure we’re clear, one loss and your parlay wager loses. In the event of a push (tie), game cancellation or a pitcher that you have specified not starting, the parlay, depending on the sportsbook you’re wagering with, reduces to the next lower number, e.g. a four-team parlay becomes a three-team parlay.
A winning parlay wager will pay several times more than the original wager but you should know that cashing in on a parlay wager gets increasingly difficult with the more wagers you add to it.
NFL Parlay Betting Tips
There are a couple of age-old parlay betting tips you can use to help maximize your parlay wagers. First and foremost, look for teams that you believe will win their respective matchups outright. Remember home teams generally win outright whether they cover the spread or not, so SU Moneyline parlay picks are a great way to increase the annual betting bankroll.
The ‘Better Team’ Angle
More often than not, the ‘better team’ wins in the NFL no matter where they play. So what the Pittsburgh Steelers are giving up ton of points on the road against the lowly Cleveland Browns. Take the ATS spread out of the equation and bet on Pittsburgh to win outright and pair them with another team or two in matchups just like the one they’re playing in.
Remember, Defense Wins Wagers
Just like the age-old adage that says defense wins championships, it also helps teams cover the spread against their more high-powered offensive counterparts. Think about a team like this year’s Baltimore Ravens. Sure, their offense is pedestrian at best, but Baltimore’s defense is so solid, that they’re in basically every game they play.