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Tips and tricks in parlay gambling

As traditional means of making money are constantly losing ground, betting has become one of the favorite sources of profit. Many people are constantly looking for various get-rich quick schemes they can employ, in order to ensure they do not have to work another day in their life. While some are familiar with the methods of calculating the odds and making statistical prediction models, others rely on sheer luck for their gains. However, parlay is not exactly the type of bet that allows a lot of room for error, thus you will need to become familiar with the methods of calculating your odds of winning in order to obtain a profit. But what exactly does parlay betting imply?

Parlay allows a player to place a combo of bets at once, between two and eight. The payoff will earn a successful wager quite a bit more than a single bet. However, if you were to lose at any point in the parlay series, then you will not receive any money at all. Although you risk more with the parlay method of gambling, you stand to earn quite a bit more if you calculate your odds correctly and hit a streak of good luck. Furthermore, the necessary investment for a decent profit is smaller than for conventional bets and there are several ways in which you can minimize the chances of losing.

For once, betting specialists advise players to look for agencies that consider ties as pushdowns. While some agencies have this policy, it is advisable to verify before making the actual bet, as it will increase your chances of winning in the eventuality of a draw, instead of losing the entire parlay because of it. However, in case you are playing at a betting agency that considers the ties as a loss, then you need to search for half-spread quotes, as they have the biggest chances of transforming into a clear win or loss.

Furthermore, instead of betting very little cash on a parlay with many games, you should bet a bit more cash on parlay with two, three or four games. For instance, instead of betting twenty dollars on a parlay with five games, you stand a bigger chance of actually winning the same amount of money betting forty dollars on a parlay with three games. Even though you will invest a bit more, the odds will be in your favor. Keep in mind that there is no such thing as an easy gain, unless you hit an extremely lucky streak.

At the same time, hedging your bets during the last game of the parlay also provides significantly higher chances of winning. Keep in mind that after a six game parlay, the odds are against you, even though you may consider the game as a fifty-fifty opportunity. However, professional gamblers advise against hedging before the last game of the parlay, as the odds are significantly lower. At the same time, keep in mind that when you bet on different sports teams, you should consider the different methods of rating and ranking. Using the correct ranking as well as rating methods provides a more accurate prediction model than simply guessing the outcome based on your intuition.

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Bet with the odds in your favor not as per the spread

Normal casino games are all tilted in the favor of the house. These games have an in-built advantage for the house and hence, there is only a slight probability that you will succeed tremendously. But when you bet on the outcome of any sporting event, you give yourself a reasonable chance to win your bets. While the casino games require luck, betting on sporting events requires skill. There might not be wins every time but when you play on percentages, then the regular punter is sure to have a higher success rate that his counterpart, the frivolous bettor.

There are many games which involve the spread of points that need to be taken cognizance of while placing bets. The basketball and football games are the more prominent ones which take help from this point rating system. If you would like to enjoy a little betting, some rudimentary knowledge regarding the intricacies of betting on sports will not be out of place. The Sports book, carried by the casinos, work on receiving commissions on the bets which lose. It is the Vig or Vigorish. The normal odds offered by the casinos are 11 to 10, which means that you bet $110 in the hope of winning another $100 if the bet you place is the winner. Hypothetically, your bet of $110 on the Giants placed with the casino book will net you $210 in the event the Giants win. You lose your $110 if the Giants are on the losing side. So at 11 to 10 odds, you win $210 or lose your $110. These are pretty good commissions for the casino Sports book.

What happens is that the casino has bet the same money on both the playing teams. So if one team wins, they pay $100 more and collect $110 from the other bettor. The Sports book will make a cool $110 from the loser who bet on the Giants losing the game. This means the Sports book can never lose because they are assured of $10 every bet. Since the Sports book has spread their money equally on both the teams and hence, it is of no pecuniary consequence for the book which team wins and who loses. Just to add some incentive for the bettors, the Sports book assigns a spread or a line to the odds.

Spread the Points

There is a fallacy believed that the spread of points indulged in by the Sports book is actually a margin of win which is predicted for one team to win against the other. This line is actually the calculation made by the handicapping Sports book as to how or what number will be good enough to evenly split the wagers between the two teams. For this very reason, the spread or the line may be amended as the betting progresses from the line at the opening of the betting till the end of the line at the time of the game. The Sports book wants to keep its bets very evenly spread so that no matter who wins, the book is always the winner.

There may be a chance where the bettors for some sentimental or obscure reasons lay heavy bets on a certain team. Then the Sports book has to realign its betting strategy to hedge its bets by getting some bets on the opposite team. In the event that this is not possible and at the last moment just before the book is closed, there is heavy betting in favor of one team, then the book will have a heavily tilted book which might be detrimental if that particular team wins. This is the case when many of the John Does jump on the shirttails of the winners.

This situation may arise due to miscalculation of the spread or line offered. Since a lopsided favorable line may have induced the general bettor to place bets predominantly on one team and the Sports book was not able to garner bets for the other team, this results in the casino holding a lopsided Sports book. And it could prove disastrous to the casino if the team which received the majority of bets were to win. A team which is weak may result in heavy bets being placed in its favor due to sentimental reasons. This makes the team become the favorite and there are less bets on the strong team which is the favorite in the original place. This situation gives the casino an excellent advantage at making huge financial gains. Based on this betting scenario, the seasoned bettor will refrain from going along with the general trend and bet on the other team to rake in big winnings. However, note that surprises do occur.

Seasoned handicapper at work

A regular punter will not pay heed to the sentiments of the general public but will have his personal method of arriving at handicap ratings for each of the two teams playing. He is not going to be swayed by the sentiments or the erratic betting patterns exhibited by the general public. His professional mind will have analyzed the strengths and weaknesses of the two teams and in addition, calculated the odds of each team winning the encounter on that particular night. The professional bettor will first come up with his own set of odds for each of the team and then compare these with the line offered by the casino book for a match. There is a huge treasure trove of valuable and pertinent data available on the net. But it takes a lot of patience and hard work to peruse this data in its entirety. With the development and advent of computer as well as some excellent software programs, this work has been made easier and faster as well as more accurate for the professional bettors.

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2008-09 season: 78 wins – 0 Losses

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2004 season: 33 wins – 0 Losses
2005 season: 45 wins – 0 Losses
2006 season: 38 wins – 1 Loss
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2008 season: 43 wins – 0 Losses
2009 season: 49 wins – 0 Losses

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Hot this week

Serie A

Fiorentina try to stay near the top of the table taking on a formidable Parma team. First place Internazionale must face Bologna in what should be an easy win for Inter. AC Milan continues to move up the ranks and must face a tough Cagliari team this week. Juventus, meanwhile, will try and stay ahead of AC Milan playing against Udinese. There are plenty of games to keep you entertained. Bet today and add some excitement to your day!

Premier League

Top ranked Chelsea want to continue their dominance of the Premier League playing against a susceptible Wolverhampton Wanderers team. Arsenal, who are second place behind Chelsea, face Sunderland this week. Manchester United take on Everton this week, and must look for a win in order to stay near the top of the table. Meanwhile, in one of the most exciting matchups of the week, 7th place Liverpool take on 6th place Manchester City. Both teams will be looking for a win in order to move up in the ranks and close the gap on the top 4. You do not want to miss these games!

La Liga

Barcelona sit just one point ahead of rivals Real Madrid in the La Liga table. Undefeated Barca must face Athletic Bilbao this week in what should not be a difficult match for Barca to win. Real Madrid will also be looking for a win and must take on Racing Santadar, who have just one win so far this season. Sevilla FC faces Tenerife, while Valencia is matched up against Osasuna. Predict the outcomes and win big! Place your bets now!

Bundesliga

Bayer Leverkusen continue to lead the Bundesliga table and would like to keep their unbeaten streak alive. They must face an always tough Bayern Munich team, who have struggled so far this season. Hamburg SV should have an easy win against VfL Bochum, but an upset can always happen. VfL Wolfsburg take on a weak Nurnberg team, who are having trouble finding the back of the net consistently. Many matches to watch this week with upsets just waiting to happen. Don’t miss any of the action, bet now!

Sports handicapping reviews

bestsportshandicappers.com took the time to list sports handicappers that – as they say – “have a track record displayed somewhere on their website that we have been able to verify. If a handicapper isn’t willing to tell you his results, be careful, as this sports betting service may be a scam.”

“After many years of being scammed by some sports handicapping services and truly being helped by others, I thought it would be a good idea to compile a list of some of the best sports handicappers that sell legitimate services so that Internet browsers can learn from our mistakes. Rather than giving biased, subjective reviews of the handicappers, only facts will be used on this site.”

Here are the results:

Rank Handicapper Monthly Profit Monthly Price
1 Pro Picks Online $1361.83 $299.99
2 Spider Web Sports $1353.62 $79
3 Timothy Black $1024.5 $150
4 Dave Price $863.5 $349.95
5 Mr. East $797.5 $400
6 Jeff Alexander $690.5 $349.95
7 John Martin $647.5 $299.99
8 Jack Jones $435.5 $349.95
9 MAXLock $375 $70
10 Rocky Atkinson $300.5 $249.99
11 Slade Henning $132.5 $279.95
12 Black Widow $120 $300
13 Rob Vinciletti $98 $199.95