Sports Betting 101: How to Bet Parlays
Are you interested to bet in parlays at togel singapore? Parlays are, so far, the most famous exotic wagers. They offer bettors the opportunity to get a huge payout from a small wager. Basically, a parlay is a combination of 2 or more totals or sides that all of them should bet on. In order for you to win, all of these them should win.
If you put in a 4-team parlay, settling for a 3-1 is the same with 0-4. All of these bets should win or tie, for you to win.
There are 2 kinds of parlays—first, those individuals who wager against the point spread, and then second, people who wager utilizing the money line. The payoffs for these 2 are different.
For the parlay drawing in point spreads, payoffs are fixed.
Point Spread Parlays
These are the odds on a usual parlay that involves totals and point spreads.
- 2 teams 13-5
- 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
This means that a specific bettor wagering on a 5-team parlay can win $25 for each $1, in case all their games win. Meanwhile, a right 8-parley can pay out $150 for each $1 that is wagered.
The chance to win plenty of cash in a small bet is the main reason why parlays is a famous among sports bettors.
Money Line Parlays
Money line parlays don’t utilize fixed odds. Why? Because the odds of every person winning differs a lot for each team.
Money line parlays take the person’s bet, and puts in all the money in a single team. If that specific team wins, it recalculates that bet on the next team. It places your whole wager on that next team.
Are Parlays Good Bets?
Parlays are not really good bets, most especially those parlays involving totals or point spreads. The payoff odds are much lesser than true odds.
Payoffs on money line parlays are calculated based on the game’s odds. Therefore, there is zero disadvantage or advantage in playing them.
If you are a sports bettor exploring new strategies, you should stick with straight bets. Choose straight bets when betting against totals or point spreads. Why? It is hard to choose just 1 winner, let alone multiple games. Moreover, the odds that you are asked to beat are almost impossible to defeat in the long run.