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- The potential rewards from a small stake, often make NFL parlay betting online a preferred option for recreational sports bettors.
- Below is William Hill’s parlay chart, based on legs that are -110.
- They are sitting -3 but you can flip that from giving a field goal to getting one at +3 with a teaser.
- You can still get creative within these parameters, however.
Bovada is a great website for betting parlays, as their website is one of the easiest to use in the business. With the ability to click bets into your betting cart, so to speak, you can construct parlays with the greatest of ease. Beyond that, Bovada is a site that is known for being an excellent odds provider, and a generous bonus giver. Basically, you can do whatever you want at Bovada, but they are genuinely uniquely good for parlay bettors due to how easy their website is to use. Of course, parlays extend further than game lines as well.
Legally Betting On Nfl Parlays
Neither of these games are as straightforward as they appear on paper, however. The Sixers are coming off a three-point loss at home to the Phoenix Suns on Wednesday, while the Lakers are still nursing a number of injuries to their star players. That just means it’s time to rifle through the key ring and make sure all the locks are in order. In this scenario, you’re riding high because you called a No. 15 seed and a No. 12 seed winning, and that $1,548.80 is starting to become a reality.
How To Handicap Parlay Bets
Let’s get into our parlay picks for Week 11 so you can get ready to make your bets against the NFL odds. While parlay bets can generate lucrative odds and enticing profits, they can be much more difficult to win than single-game wagers. Most professional sports bettors would advise against making parlay bets, as they can eat into your bankroll and subtract from your overall profits.
Very difficult to implement solid betting strategies using this type of wager. A high potential to go on a very long run without winning any bets. The bottom-line stands that whether parlays are best suited for low-risk or high-risk is dependent on the odds chart, and the blind luck of the punter.
Before the relatively new advent of same-game parlays, this usually involved a weather-related phenomenon. The point is, success on one leg of the parlay needs to make the success rate on the other leg more probable. Changing from -110 to -120 nudges the breakeven point from just over 72% on each leg of a two-team teaser to almost 74%.
Bet $20, Get $200 If Your Team Scores A Touchdown!
Even though using parlay bets can bring lots of advantages they of course have some drawbacks. As with any form of betting you will need to consider the stakes of the particular match you are betting on and whether the odds selected represent good value. For example one team might normally be considered a favourite to win a match but external factors will have an impact on the likelihood of the result. Moreover, even if your state offers safe, legal gambling services, your nearest casino could still be located fairly far away.