In this circumstance, a parlay bet would be the best option. You’d either parlay both as yes or both as no. In sports betting, these types of opportunities exist, although their correlation may not be as intense. An example is a college football point spread of -21.5/+21.5 with an over/under betting total of 44.5. Probably not the best introduction for an article about parlays, but I wanted to get it out of the way early. Mathematically speaking, parlays never pay out what the true odds should be. Nearly every parlay bet will lose money over the long term.
- First and foremost, you need to properly handicap each game as an individual pick before grouping them together in a parlay bet. For example, if you decide to go with a two-team NFL parlay at 13/5 odds, you should probably take the time to breakdown three or four games to come up with your top two plays.
- Of course, most bookies offer loads of baseball prop bets that can also be used MLB parlay bets.For more information, please read our MLB Parlay Strategy Guide. NHL Parlay Bets: The NHL hockey season is a busy time for bookmakers who accept a great amount of NHL parlay bets throughout the season.
Best Parlay Strategy for Sports Bettors
Recreational sports bettors enjoy parlays for their big potential returns. Bookmakers meanwhile love parlays because they force bettors to be perfect. A 2-1 day would be a solid day of profits for any bettor, but if all his picks were in a parlay that would still account for a losing day.
The average odds at most sportsbooks for parlays with totals and spreads are +260 for 2-team parlays and +600 for 3-team parlays. For moneyline parlays the price will vary depending on the price of the picks included in the parlay.
It is hard enough to win one straight bet, so despite the increased payouts as a rule of thumb parlays usually aren’t worth the risk long term.
One exception to the rule is to use parlays when you see semi-correlation.
Best Parlay Nfl Today
What Are Correlated Parlays?
An example of a correlated parlay could be taking a team to win both the first half of a game and the whole game. True correlated parlays won’t be accepted by sportsbooks, but most will accept wager on a the moneyline or the spread and the over/under in the same game. also known as semi-correlated parlays.
Semi-correlated parlays should be used when you expect the outcome of one of the legs in the parlay to benefit the other. That can be backing a big underdog and the under if you believe that they’re defense will keep it a close game, or the favorite and the over in what could be a blowout win.
An example would be if the total in a game is 45 and one team is favored by 15 points then it stands to reason that if the favorite covers the spread there is a better than average chance that the game will go over as well. Those two outcomes would be considered correlated.