I've noticed nobody really likes betting parlays...

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  • ackem19
    SBR Wise Guy
    • 10-07-09
    • 669

    #1
    I've noticed nobody really likes betting parlays...
    but thats really all i've ever bet. granted, i haven't won a whole lot. but it's just how i grew up betting. it seems everybody says the same thing about it, "paralys will kill your bankroll longterm". here's my dilemna, i don't have a whole lot of cash to put up on any one game. i'm a college student, so i'm dealing with obvious financial issues haha. i really only do it for fun and i never bet more than $20 in any given week. are there any other ways i may be able to make some money betting without betting parlays (and betting a large amount on a game)?
  • AlphaOmega
    SBR MVP
    • 12-31-08
    • 1146

    #2
    Yeah, hit up the "Sperm" Bank donote for the future . . . J/K just bustin balls . . . If you want save your money and wait til the super bowl and blow it all on one game that everyone bets on its almost 50/50 chance of winning and it makes the game alot more interesting

    Comment
    • wal66
      SBR Hall of Famer
      • 10-14-08
      • 5305

      #3
      The alure of parlays is they have such great odds on your money. That's a misconception though. The truth is while the payout is great the risk is increased several times over. I understand your dilema. I have been there as have most here I'm sure. What they are telling you when they tell you the evils of parlays are from previous leaning experiences. I personally still to this day throw a couple of bucks on multi-team parlays but I treat it like the lottery. I don't expect to win but hey if I ever do! Like the lottery you stand a much better chance winning something on 5 scratchoffs than you do on 5 lottery tickets right? Same thing with picking three individual games as opposed to one 3-team parlay. I'm probably doing a terrible job trying to explain this in the simplest of terms. i know we have some guys on here that can give you ratio's that can better explain the specifics behind the reasoning.
      Comment
      • Ralphie
        Restricted User
        • 09-20-09
        • 190

        #4
        Originally posted by AlphaOmega
        Yeah, hit up the "Sperm" Bank donote for the future . . . J/K just bustin balls . . . If you want save your money and wait til the super bowl and blow it all on one game that everyone bets on its almost 50/50 chance of winning and it makes the game alot more interesting
        Serious shit, donate plasma. I donated plasma nearly every week my senior year of college for 30 bucks a trip. Good cause and you can have some more money to bet with.
        Comment
        • porterkid69
          SBR High Roller
          • 03-17-08
          • 228

          #5
          You could always look at ML dogs only on one game and no juice. GL
          Comment
          • Mac4Lyfe
            SBR Aristocracy
            • 01-04-09
            • 48883

            #6
            Originally posted by ackem19
            but thats really all i've ever bet. granted, i haven't won a whole lot. but it's just how i grew up betting. it seems everybody says the same thing about it, "paralys will kill your bankroll longterm". here's my dilemna, i don't have a whole lot of cash to put up on any one game. i'm a college student, so i'm dealing with obvious financial issues haha. i really only do it for fun and i never bet more than $20 in any given week. are there any other ways i may be able to make some money betting without betting parlays (and betting a large amount on a game)?
            Reread your own post... You haven't won a lot. Why do you think smart bettors stay away from parlays. It's great for fun and if you feel good about a few plays but the more games you parlay the more it's like a lotto ticket. The less money you have the more astute you have to be with your money. Why take big odds and chances if your bank account is low? Grind your way to a bigger bank role if your low on funds.

            I've taken $20 up to over $2,000 before. I took $300 to over $10k before. All grinding, day to day and picking up few wins daily. If your bank is low or if your on a losing streak, first lower your bets, second, play only one or 2 games to reduce the vig. In all cases, don't chase. Look for early leans and bank on teams that are playing well. Don't bank on sorry teams that you think are due. GL and stay away from the parlays until your bank is big.
            Comment
            • whatdafuxup
              SBR MVP
              • 10-25-08
              • 1307

              #7
              I agree with Mac. I start with $20 bets and didn't make much betting millions of games each week. Once I realized I needed to pick a solid 4-5 a weekend, I saw my bankroll grow steadily. Now I do an early, afternoon, and late game each sat & sun. And maybe a Thursday or Friday game. Granted, the $20 bets have turned to 1-5k
              Comment
              • Mac4Lyfe
                SBR Aristocracy
                • 01-04-09
                • 48883

                #8
                Another thing is if your on a losing streak, either fade yourself or tail guys that are hot. I remember a couple of years ago I was getting creamed in the NFL for 3 straight weeks. The very next week I took my top 5 plays that I thought were all winners and I faded them all and went 4-1 that weekend. Don't ask me why but for me when I'm hot, I'm on fire, when I'm not, I'm stinking up the joint. Bet high when your on win streaks, bet low when your not catching.
                Comment
                • aeshred
                  SBR High Roller
                  • 09-16-09
                  • 239

                  #9
                  I have won my fair share of parlays, and I dont have a prob w the risk, I am a poor college student as well so I know where your coming from...

                  I dont do only parlays, I only do parlays when Im up and comfortable...

                  I dont know who it was that just did a 2 or 3K NFL moneyline parlay and won like 15 thousand... (last week on this very forum)

                  There is money to be had in parlays but you have to be careful in your selection.
                  Comment
                  • whatdafuxup
                    SBR MVP
                    • 10-25-08
                    • 1307

                    #10
                    Couldn't have said it better myself.
                    Comment
                    • ackem19
                      SBR Wise Guy
                      • 10-07-09
                      • 669

                      #11
                      thanks guys, i appreciate all the insight. i think this week i'm going to start reducing my teams. i'll put like 5 dollars on a 10 teamer (but treat it like a lottery ticket) and put $20 on a few individual tickets.
                      Comment
                      • iwantcougars
                        SBR MVP
                        • 09-29-09
                        • 2156

                        #12
                        i mostly do parlays (95%), but i do 4/5 teamers for now, havent had luck with bigger than that, been thinking of going with 3 options parlay. I almost got a 5 and 7 teams parlay, but houston screw me over
                        Comment
                        • Hotdiggity11
                          SBR MVP
                          • 01-09-09
                          • 4916

                          #13
                          Parlays are sucker bets...










                          but feels ****ing great when you hit em.
                          Comment
                          • drfunkmaster
                            SBR Posting Legend
                            • 11-29-08
                            • 11162

                            #14
                            take it from me. My friends call me teh parlay king, i always miss 7-12 team parlays by 1 or 2 teams at the most. Trust me. very very hard to hit. BUt its fun... pick the sames teams from teh parlay and put 5 on it is my best bet to you...
                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388208

                              #15
                              Well your not going to make any scores betting straight and they will get it all anyway in the long run so what the fuk and take shots with parlays hoping to make a score.
                              Comment
                              • mcbaseball10
                                SBR MVP
                                • 02-11-09
                                • 2866

                                #16
                                Originally posted by iwantcougars
                                i mostly do parlays (95%), but i do 4/5 teamers for now, havent had luck with bigger than that, been thinking of going with 3 options parlay. I almost got a 5 and 7 teams parlay, but houston screw me over
                                Originally posted by drfunkmaster
                                take it from me. My friends call me teh parlay king, i always miss 7-12 team parlays by 1 or 2 teams at the most. Trust me. very very hard to hit. BUt its fun... pick the sames teams from teh parlay and put 5 on it is my best bet to you...
                                Its always that one team that screws you over..its not horseshoes with parlays, close doesn't count!
                                Comment
                                • oiler
                                  SBR Hall of Famer
                                  • 06-06-09
                                  • 6585

                                  #17
                                  Originally posted by ackem19
                                  but thats really all i've ever bet. granted, i haven't won a whole lot. but it's just how i grew up betting. it seems everybody says the same thing about it, "paralys will kill your bankroll longterm". here's my dilemna, i don't have a whole lot of cash to put up on any one game. i'm a college student, so i'm dealing with obvious financial issues haha. i really only do it for fun and i never bet more than $20 in any given week. are there any other ways i may be able to make some money betting without betting parlays (and betting a large amount on a game)?
                                  i love playing parlays.i good for hitting one six teamer per week.usually about 5and some change.i like parlays only because u dont have to bet alot and can win a good amount,but i do bet single games also.usally the same games i bet in the parlay
                                  Comment
                                  • DrStale
                                    SBR Hall of Famer
                                    • 12-07-08
                                    • 9692

                                    #18
                                    Originally posted by ackem19
                                    thanks guys, i appreciate all the insight. i think this week i'm going to start reducing my teams. i'll put like 5 dollars on a 10 teamer (but treat it like a lottery ticket) and put $20 on a few individual tickets.
                                    This is your best bet. Yeah people will tell you youre throwing the 5 bucks away, and while you probably are as long as you have no expectations from it youre fine. I learned early on to play parlays small and sparingly, much like a lottery ticket. The individual tickets certainly arent going to be as glamorous as a parlay win but they will come a lot more often. BOL.
                                    Originally posted by Dark Horse
                                    If with religion you mean belief system, your belief system is your religion. Again, it matters not what it is. You believe in it, you are loyal to it, would defend it, and yet have no proof of it, other than that, at one point or another, you chose to believe in it. Self-hypnosis. What if there were a snapping of fingers that broke the hypnosis?
                                    Comment
                                    • flyingillini
                                      SBR Aristocracy
                                      • 12-06-06
                                      • 41222

                                      #19
                                      I never bet Parlays, not into them at all, Orale!
                                      המוסד‎
                                      המוסד למודיעין ולתפקידים מיוחדים‎
                                      Comment
                                      • Mac4Lyfe
                                        SBR Aristocracy
                                        • 01-04-09
                                        • 48883

                                        #20
                                        Originally posted by ackem19
                                        thanks guys, i appreciate all the insight. i think this week i'm going to start reducing my teams. i'll put like 5 dollars on a 10 teamer (but treat it like a lottery ticket) and put $20 on a few individual tickets.
                                        OMG - a 10 teamer??? Dude throw that $5 in the ocean. Better yet, go buy 5 lottery tickets. The odds are actually better that you will hit the lotto.

                                        Anybody playing parlays over 4 or 5 games is crazy. Bet the games and build your stack versus pissing it away. The odds of winning these plays are worse then the the Big Wheel in the casino. A 2 or 3 teamer is about the most you should fuk with. Everything else is just bad risk to rewards
                                        Comment
                                        • LINE-crush-ER
                                          SBR MVP
                                          • 01-04-08
                                          • 1445

                                          #21
                                          hey man , dont tread on that , before I could lay $100 ON A GAME STRAIGHT all i wanted to do was win 150 betting 25
                                          3 teamers can be utilized in a very profitable scheme , if you have a weekday game you like ! first pick out your best weekend game beleive it or not some people play it both ways , bet the same game differently especially if they get a line change big enough like the la tech game
                                          but we want go there you can figure it out after i explain my point
                                          pick a weekday game a early saturday game and a late night game , now if you want if you hit the first two you can back bet the third winning $75 either way minus sugar if thats the way the cookie crumbles , you can pick a early morning middle day game and a late game
                                          the strategy is your probable betting several using the same couple of team over and over or so , right down your best three ,thats ok but really try to figure it out so you dont kill all of your picks because one team lost or if two 11;30 game picks lose i try to pick 3 11:30 or a 3 teamer early a parlay middle and a parlay late or put the same late game on all of parlays , i would definitely try doing all parlays lead to one game at night think of it if you had 3 or 4 3 teamers that one game could make you 1000 now the hard choice is how much do you want of it , so you bet on the opposite team 3 4 5 hundred dollars and you know you win that either way , 3 teamers are fun but they have to be played correctly I have 6 this week , i always put a friday night game and a thursday night game on a parlay but no more than that dont want to blow all my parlay money before the week starts and never both together , because i usually can hit one of em during the week ,
                                          and again dont play the same one team over and over if you figured one team had a hundred dollars riding on em with 4 parlays , its much better to hit that team straight , first of all you feel that strong about it , the other you might hit your best pick and not make a dollar on it because the others didnt pull their weight so if its hits it pays for four parlays for you ,
                                          but everyone knows their budget , but some people just dont see the advantage of strategizing their bets this way , trust me its so fun when you go 7-6 and hit two three teamers , remeber I had the same team on that last game now thats confusing dont factor the last night game in when adding your teams because this one you aremost willing to entirely bet the other way when the game actually kicks off
                                          hope all makes since i have hard time explaining this theory because it is definitly something like math either you understand it or you dont
                                          best of luck
                                          Comment
                                          • aeshred
                                            SBR High Roller
                                            • 09-16-09
                                            • 239

                                            #22
                                            My next parlay

                                            winsconsin +21.5
                                            Indiana +14.5
                                            Bama ML

                                            350 to win 590

                                            Yea thats right Ive gone parlay crazy lol
                                            Comment
                                            • LINE-crush-ER
                                              SBR MVP
                                              • 01-04-08
                                              • 1445

                                              #23
                                              i am sorry i seen it say $200 NOT TWENTY thats ok put $10 on these
                                              georgia alabama florida
                                              utah stanford michigan state , one of those should hit f you can make 6 2 teamers instead of 3 teamers at $5 each , trust me , this will be better long term the point is to win money not play your account until its gone and thats probable what you are doing every year , when you win or double your betting money two weeks in a row change em to $10 3 teamers , best of luck kid , your getting some good picks their
                                              Comment
                                              • LINE-crush-ER
                                                SBR MVP
                                                • 01-04-08
                                                • 1445

                                                #24
                                                sorry 3 two teamers , im going to bed , too many brainfarts for me in one night
                                                Comment
                                                • Mac4Lyfe
                                                  SBR Aristocracy
                                                  • 01-04-09
                                                  • 48883

                                                  #25
                                                  Sucker bet... Even Delaware knows that.



                                                  Sports betting advice article on sucker bets which tells you what plays are sucker moves and why bookies and sportsbooks love when the betting public calls to bet teasers, parlays, and big moneyline favorites in basketball, baseball, and football.


                                                  Comment
                                                  • Mac4Lyfe
                                                    SBR Aristocracy
                                                    • 01-04-09
                                                    • 48883

                                                    #26
                                                    Originally posted by LINE-crush-ER
                                                    sorry 3 two teamers , im going to bed , too many brainfarts for me in one night
                                                    Like I said earlier, a 2 or 3 team parlays can have some advantages if your a good capper (above 50%) but if your not hot then your losing money at a higher clip then if you took single plays. You can also use parlays as a sort of insurance against big single bets as well. It's almost like an option in stock trading.
                                                    Comment
                                                    • CS-Cedrick
                                                      SBR MVP
                                                      • 01-10-09
                                                      • 1578

                                                      #27
                                                      Parlays are fun, but they destroy you.
                                                      Comment
                                                      • TheSkeptic
                                                        SBR High Roller
                                                        • 09-28-09
                                                        • 176

                                                        #28
                                                        actually, my book offers a close call parlay which offers +350 on 3/3 teams correct and -150 on 2/3 teams correct.

                                                        If you picked 50%:

                                                        Betting teams straight up your expectation is: -110+100 = -10
                                                        Betting this parlay
                                                        1/8 times: 0/3 = -100
                                                        3/8 times: 1/3 = -300
                                                        3/8 times: 2/3 = +150
                                                        1/8 times: 3/3 = +350
                                                        ___________________
                                                        = +100/8 bets = +12.5

                                                        So parlays with this play are actually an advantage over SU betting - given that you pick the same 50%...this parlay actually breaks even with 47%.

                                                        The catch? Only NFL is allowed
                                                        Comment
                                                        • konck
                                                          SBR Posting Legend
                                                          • 10-17-06
                                                          • 12554

                                                          #29
                                                          I bet a lot of round robins
                                                          Comment
                                                          • Hybris
                                                            SBR MVP
                                                            • 07-22-09
                                                            • 1023

                                                            #30
                                                            Stick to 2-3 teamers tbh...
                                                            Comment
                                                            • blackbeSSt
                                                              SBR Hall of Famer
                                                              • 09-06-08
                                                              • 9398

                                                              #31
                                                              Originally posted by aeshred
                                                              My next parlay

                                                              winsconsin +21.5
                                                              Indiana +14.5
                                                              Bama ML

                                                              350 to win 590

                                                              Yea thats right Ive gone parlay crazy lol
                                                              uhhh, that looks like a 7-7.5 teaser to me
                                                              Comment
                                                              • mwhjr1988
                                                                SBR Rookie
                                                                • 09-26-09
                                                                • 3

                                                                #32
                                                                Can anyone give me 3 good(sure bet) games to play? Right now on my ticket I picked texas tech to cover their 17point spread...I usually go with the underdogs on a big point spread like this but texas tech's offense is explosive.
                                                                Comment
                                                                • williams22
                                                                  Restricted User
                                                                  • 09-19-08
                                                                  • 6134

                                                                  #33
                                                                  I tend to play a bunch of NFL 2 and 3 teams parlays and so far have made a good amount of profit off of them. Also, moneyline parlays can be a good safe options as well (well, until Romo decides to suck it up).
                                                                  Comment
                                                                  • stats13
                                                                    SBR MVP
                                                                    • 06-29-09
                                                                    • 1687

                                                                    #34
                                                                    you guys know theres no difference between betting game A at noon and then taking all the winnings and putting it on the game B at 7 pm, and tossing it all on a parlay, right? its the same thing.

                                                                    parlays by nature aren't more risky... the risk lies in you are doubling up your bet on the 2nd leg. your money management is going sour.

                                                                    the only time i ever do parlays is for lower amounts, or on round robins.

                                                                    parlays should be used as vehicle for when you want to bet 2 games at the same time, or if you CANNOT call in a bet or something.

                                                                    for instance, say you like a noon game and 2 3 pm games. bet half your amount on the noon game parlayed with each of the 3 pm games. if the first game comes through, you have 2 bets going on the two 3 pm games.

                                                                    but betting parlays for the sake of betting parlays is no different then just betting all in all in on a winning wager to another game.
                                                                    Comment
                                                                    • stats13
                                                                      SBR MVP
                                                                      • 06-29-09
                                                                      • 1687

                                                                      #35
                                                                      or parlays can be good if you dont think game A will be over in time to get in a bet on game B. for instance, a 12;30 kickoff and a 3 pm game you like. put that on a parlay so that if game A result is a winner, you got action on game B

                                                                      to be honest, parlays are only needed if you have a low bankroll and need to get creative on how to get action on all the games you want. really, its just a complicated string of straight bets that you have tied together. its not anything more than that.
                                                                      Comment
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