How to Bet Parlays in Sports Betting?
Parlays are one of the toughest forms of sports betting. Even then this form of sports gambling is more popular in the field. The potential for big payoff attract more people to this kind of sports betting. Parlay is a bet on two or more teams. You have to win all the teams selected for bet to be successful. A win of 3-1 is same as 0-4. You have to all your bets for wining. There a several types of parlays based on two concepts.
The point spread and the one against money line are the basis of all types of parlays. The money that the better gets after winning the parlays are entirely different in the point spread and money line. The payoff is fixed in the point spread parlay and in money line parlay the payoffs are calculated depending on the odd of each team. The odds in a point spread parlay are listed based on the point spread and total.
You can have a typical point spread listed like 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 bettor on a five team can win $25 for each $1 invested. This is the main reason why parlays are popular among sports gamblers. You can know much about parlay betting through sports betting champ program. There are no fixed odd in money line parlays.
The odds for winning a game depends entirely one the teams. The point spread gives 50 – 50 chances for each team. But in the money line the chance for winning depends of the playing ability of the team. In money line when a team wins the entire money is betted in favor of the next team. This process continues until the whole parlay is finished.
Posted on July 10th, 2010 by Football
Filed under: Fantasy Football