Topic: Is parlay an effective betting strategy? - page 3. (Read 9871 times)

Quote from: BitcoinHunt3r on August 10, 2019, 10:22:33 PM

I've won some good amount with paylay in sports betting in the past but when I start doing it in a regular basis, it seems my overall return is negative.
So my question, do you bet on parlay and why?, and what's the biggest odds you've won so far?

I have do parlay, and only a little odds. Because at first i don't know what is parlay and end with lose. Grin

I think parlay is good like there are something that can expert that can do to increased their income. Like something 1 level above normal level that we can do.

Good for you, but I still don't understand what parley is and nobody is explaining it!
I came here hoping to read an explanation! 😋

I think someone must have told in this thread but if you couldn't find, here is the brief definition of Parlay and rest you can google it.

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A parlay, accumulator, combo bet or multi is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together.

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Quote from: bering on August 04, 2019, 11:18:14 AM

I've won some good amount with paylay in sports betting in the past but when I start doing it in a regular basis, it seems my overall return is negative.
So my question, do you bet on parlay and why?, and what's the biggest odds you've won so far?

I have do parlay, and only a little odds. Because at first i don't know what is parlay and end with lose. Grin

I think parlay is good like there are something that can expert that can do to increased their income. Like something 1 level above normal level that we can do.

Good for you, but I still don't understand what parley is and nobody is explaining it!
I came here hoping to read an explanation! 😋

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Quote from: noormcs5 on August 04, 2019, 04:02:08 AM

The biggest disadvantage of Parlay is that you have to win all the bets in the group and if you lose even 1 bet, you lose everything. I do not recommended this type of gambling in which the risk of losing is too much high.

That's the mandatory rule from parlay that lost one match then you will lost all of your bets so you cannot avoid it but i have done small experiment made a parlay with low odds for each match that i was pick the match with low odds approximately @1.2 - @1.3 and i was putting 4 matches into my parlay and the results is i won it but indeed it will not 100% safe but deserve to be try with small money

Parlay is an interesting strategy and I also prefer to play it with less amount of money. Not only it is profitable, the hope of winning all the bets games in parlay keep its interesting all the way. Never play parlay with the bets which are of high odds. It is best to play parlay with all the bets with low odds.

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Quote from: BitcoinHunt3r on August 10, 2019, 10:22:33 PM

Quote from: noormcs5 on August 04, 2019, 04:02:08 AM

I've won some good amount with paylay in sports betting in the past but when I start doing it in a regular basis, it seems my overall return is negative.
So my question, do you bet on parlay and why?, and what's the biggest odds you've won so far?

I have do parlay, and only a little odds. Because at first i don't know what is parlay and end with lose. Grin

I think parlay is good like there are something that can expert that can do to increased their income. Like something 1 level above normal level that we can do.

That's how you do the parlay betting, we do it with betting a small amount with a big payout, though it's hard to win but if we are lucky we will surely enjoy our winning. Sportsbook likes people to bet parlay as they have the better edge and I believe bettors knows that but the fact that we can bet a small amount and win big money, that is so attractive for us.

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The biggest disadvantage of Parlay is that you have to win all the bets in the group and if you lose even 1 bet, you lose everything. I do not recommended this type of gambling in which the risk of losing is too much high.

It is not disadvantage but it is the risk of parlay bet. Parlay bet gives you the opportunity to have high odds from small odds of some bets. By this bet, you can bet smaller amount to get higher profit instead of playing one bet only. Obviously it is risky because you need to have all correct predictions. You need to make sure about all bets you are going to be placed on the parlay to get a higher winning chance but if you are not sure about one bet or few of them then just go with single bet.

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Quote from: bering on August 04, 2019, 11:18:14 AM

I've won some good amount with paylay in sports betting in the past but when I start doing it in a regular basis, it seems my overall return is negative.
So my question, do you bet on parlay and why?, and what's the biggest odds you've won so far?

I have do parlay, and only a little odds. Because at first i don't know what is parlay and end with lose. Grin

I think parlay is good like there are something that can expert that can do to increased their income. Like something 1 level above normal level that we can do.

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I like to bet on parlays, but small ones, with only 3 games on it, The past parlays I had wone was UFC parlays, and i like those ones because you don't have to wait a long time for those 3 matches. They take less than 1 hour, so, it could be considered as a fast sport.

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Quote from: noormcs5 on August 04, 2019, 04:02:08 AM

The biggest disadvantage of Parlay is that you have to win all the bets in the group and if you lose even 1 bet, you lose everything. I do not recommended this type of gambling in which the risk of losing is too much high.

That's the mandatory rule from parlay that lost one match then you will lost all of your bets so you cannot avoid it but i have done small experiment made a parlay with low odds for each match that i was pick the match with low odds approximately @1.2 - @1.3 and i was putting 4 matches into my parlay and the results is i won it but indeed it will not 100% safe but deserve to be try with small money

That is a good strategy as that was what a tipping service here which I was part of was doing,they every day put a parlay of 3-4 bets from odds of 1.15-1.35 and as I remember I won sometimes there with them.

I tried myself then by parlaying low odds but I was busted and so this is not a safe strategy,it can make you play longer but that's it.

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Quote from: MonsterV on August 03, 2019, 07:40:59 AM

Non-parlay, parlay and martingale systems actually have a high risk. Anyone who starts gambling means they are ready to take risks, whatever system they use. And for me parlay are indeed quite ideal for gambling, but keep in mind that parlay will not be ideal with a high level because gambling will be more difficult than trading.

Thats what I am trying to tell people here. This topic is misleading because playing on parlay or not does not change the odds of the game. If you lose, you lose big time even if one bet in a parlay goes bad. But the corresponding reward on win is also high. As for any casino or bookie the house always the bigger winner because the gamblers will become overconfident here and make reckless bets without having done analysis on the team at first.

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I myself usually use the parlay system up to level 2 only, when reaching level 2 I will return to the initial level and so on. Gambling is not a trade and the risk of gambling is far greater than trading so if you want to find it safe it is better to use a parlay system up to level 2 only.

Which is why I tend to move addicted gamblers into become diligent traders. Wink

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Quote from: noormcs5 on August 04, 2019, 04:02:08 AM

The biggest disadvantage of Parlay is that you have to win all the bets in the group and if you lose even 1 bet, you lose everything. I do not recommended this type of gambling in which the risk of losing is too much high.

That's the mandatory rule from parlay that lost one match then you will lost all of your bets so you cannot avoid it but i have done small experiment made a parlay with low odds for each match that i was pick the match with low odds approximately @1.2 - @1.3 and i was putting 4 matches into my parlay and the results is i won it but indeed it will not 100% safe but deserve to be try with small money

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Quote from: noormcs5 on August 04, 2019, 04:02:08 AM

Quote from: Darker45 on August 03, 2019, 10:02:11 PM

Quote from: Darker45 on August 03, 2019, 10:02:11 PM

I'm never using a parlay, but my friend using its. It's a good option if you only have small capital for the bet, but you got a really good prediction, the prize from parlay was really amazing. My friend successful predict more than 5 games, and he won't more than 1000% from his bet amount. The sucks thing from parlay went you only need 1 more game to be a successful predict, but shit happens coming to you and make you lose. That's was really fucked, went doing a parlay.

That kind of thing often happens for those who like to play Parlay. Sometimes in a bet there are one or two picks that lose even that has low odds and we are sure that the thing will win, it is very sad I think. In Gambling anything can happen even though what we believe is 99% win finally will lose too.

I think parlay is not for people who play it safe, if you do a parlay but the odds are still small, by playing safe like over 0.5 goals, then it's not a good thing. because the risk won't be equal to the profit you will get, at least I will parlay the odds around @5 and above, it will be better.

Parlay is best when the odds are high. If the odds are somewhere around 0.5 or even until 2, it is better to place a separate individual bet. It is definitely not worth it however huge your possible win may be with a much smaller bet. In the end you are still like giving away free money to the betting site. Parlay is for risk-takers who are somewhat certain of his bet. If you are highly uncertain of your prediction, you have to avoid parlay.

The biggest disadvantage of Parlay is that you have to win all the bets in the group and if you lose even 1 bet, you lose everything. I do not recommended this type of gambling in which the risk of losing is too much high.

That's not a disadvantage, the main rule to win in parlay is to win all your bets, otherwise, you lose.
Sound insights about parlay betting here https://www.thelines.com/betting/parlay/

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Quote from: Darker45 on August 03, 2019, 10:02:11 PM

I'm never using a parlay, but my friend using its. It's a good option if you only have small capital for the bet, but you got a really good prediction, the prize from parlay was really amazing. My friend successful predict more than 5 games, and he won't more than 1000% from his bet amount. The sucks thing from parlay went you only need 1 more game to be a successful predict, but shit happens coming to you and make you lose. That's was really fucked, went doing a parlay.

That kind of thing often happens for those who like to play Parlay. Sometimes in a bet there are one or two picks that lose even that has low odds and we are sure that the thing will win, it is very sad I think. In Gambling anything can happen even though what we believe is 99% win finally will lose too.

I think parlay is not for people who play it safe, if you do a parlay but the odds are still small, by playing safe like over 0.5 goals, then it's not a good thing. because the risk won't be equal to the profit you will get, at least I will parlay the odds around @5 and above, it will be better.

Parlay is best when the odds are high. If the odds are somewhere around 0.5 or even until 2, it is better to place a separate individual bet. It is definitely not worth it however huge your possible win may be with a much smaller bet. In the end you are still like giving away free money to the betting site. Parlay is for risk-takers who are somewhat certain of his bet. If you are highly uncertain of your prediction, you have to avoid parlay.

The biggest disadvantage of Parlay is that you have to win all the bets in the group and if you lose even 1 bet, you lose everything. I do not recommended this type of gambling in which the risk of losing is too much high.

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Parlay is best when the odds are high. If the odds are somewhere around 0.5 or even until 2, it is better to place a separate individual bet. It is definitely not worth it however huge your possible win may be with a much smaller bet. In the end you are still like giving away free money to the betting site. Parlay is for risk-takers who are somewhat certain of his bet. If you are highly uncertain of your prediction, you have to avoid parlay.

That's a stupid parlay, it should be higher than 2 with at least 2 bets on it, otherwise, it's not fun and you are too greedy to get that low odds using parlay.
When I bet using parlay, I don't expect much chance of winning, I only want to feel the excitement that wen I win, I win double or more versus the amount I risk.

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Quote from: TheUltraElite on August 03, 2019, 04:20:13 AM

I'm never using a parlay, but my friend using its. It's a good option if you only have small capital for the bet, but you got a really good prediction, the prize from parlay was really amazing. My friend successful predict more than 5 games, and he won't more than 1000% from his bet amount. The sucks thing from parlay went you only need 1 more game to be a successful predict, but shit happens coming to you and make you lose. That's was really fucked, went doing a parlay.

That kind of thing often happens for those who like to play Parlay. Sometimes in a bet there are one or two picks that lose even that has low odds and we are sure that the thing will win, it is very sad I think. In Gambling anything can happen even though what we believe is 99% win finally will lose too.

I think parlay is not for people who play it safe, if you do a parlay but the odds are still small, by playing safe like over 0.5 goals, then it's not a good thing. because the risk won't be equal to the profit you will get, at least I will parlay the odds around @5 and above, it will be better.

Parlay is best when the odds are high. If the odds are somewhere around 0.5 or even until 2, it is better to place a separate individual bet. It is definitely not worth it however huge your possible win may be with a much smaller bet. In the end you are still like giving away free money to the betting site. Parlay is for risk-takers who are somewhat certain of his bet. If you are highly uncertain of your prediction, you have to avoid parlay.

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Its a great idea for anyone who would fail to carry out their strategy of rolling over a win to the next bet. You are forced to bet small from the very unlikely outcome of all bets winning which makes its a high risk but high pay bet, I find it a kind of ideal for dreamers to think up while in work and then lay down in hope they can retire early.

I dont have the guts to actually roll over decent winnings into another bet and even if I did I'd forget my original sequence of bets. Put it this way, every man has at least one good idea in his life and he either writes it down and acts on and makes it a great thing or it passes like a bubble in the breeze and pops from the fragile thought it was.
If you happen to achieve great realisation in your betting, in your estimation of odds vs risk especially sports betting and you go so far as to lay down a sequence of wins that come off then you deserve this great pay off and its not even impossible; it just requires inspiration and some luck and that is feasible.

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I think parlay is not for people who play it safe, if you do a parlay but the odds are still small, by playing safe like over 0.5 goals, then it's not a good thing. because the risk won't be equal to the profit you will get, at least I will parlay the odds around @5 and above, it will be better.

Parlay would be ideal for those who are risk takers and not those who play safe. Its the confidence that makes people bet parlays and if lucky win them. If your go for the higher number of bets in a parlay you are making it more prone to losses without any doubt. So a 5bet parlay can have a significant loss if you lose even just 2 of them.

Most gamblers like the risk though so they would without thinking anything more bet on those games that they feel confident about.

Non-parlay, parlay and martingale systems actually have a high risk. Anyone who starts gambling means they are ready to take risks, whatever system they use. And for me parlay are indeed quite ideal for gambling, but keep in mind that parlay will not be ideal with a high level because gambling will be more difficult than trading.

I myself usually use the parlay system up to level 2 only, when reaching level 2 I will return to the initial level and so on. Gambling is not a trade and the risk of gambling is far greater than trading so if you want to find it safe it is better to use a parlay system up to level 2 only.

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I think parlay is not for people who play it safe, if you do a parlay but the odds are still small, by playing safe like over 0.5 goals, then it's not a good thing. because the risk won't be equal to the profit you will get, at least I will parlay the odds around @5 and above, it will be better.

Parlay would be ideal for those who are risk takers and not those who play safe. Its the confidence that makes people bet parlays and if lucky win them. If your go for the higher number of bets in a parlay you are making it more prone to losses without any doubt. So a 5bet parlay can have a significant loss if you lose even just 2 of them.

Most gamblers like the risk though so they would without thinking anything more bet on those games that they feel confident about.

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Quote from: stadus on July 28, 2019, 04:03:56 AM

I'm never using a parlay, but my friend using its. It's a good option if you only have small capital for the bet, but you got a really good prediction, the prize from parlay was really amazing. My friend successful predict more than 5 games, and he won't more than 1000% from his bet amount. The sucks thing from parlay went you only need 1 more game to be a successful predict, but shit happens coming to you and make you lose. That's was really fucked, went doing a parlay.

That kind of thing often happens for those who like to play Parlay. Sometimes in a bet there are one or two picks that lose even that has low odds and we are sure that the thing will win, it is very sad I think. In Gambling anything can happen even though what we believe is 99% win finally will lose too.

I think parlay is not for people who play it safe, if you do a parlay but the odds are still small, by playing safe like over 0.5 goals, then it's not a good thing. because the risk won't be equal to the profit you will get, at least I will parlay the odds around @5 and above, it will be better.

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Quote from: Avirunes on July 28, 2019, 03:02:31 AM

Quote from: Avirunes on July 28, 2019, 03:02:31 AM

I've won some good amount with paylay in sports betting in the past but when I start doing it in a regular basis, it seems my overall return is negative.
So my question, do you bet on parlay and why?, and what's the biggest odds you've won so far?

I've hit a max of around 30-35x. I do lose most of the times but if I win I recover back so it just gives a little profit. I prefer betting parlay rather than single with low odds. I always mix up my parlay with bet events with low odds around 1.5-2x each and bet on it and have really gave me good results so far. I do have a spreadsheet where I have my old parlays still. I need to check back to see my actual highest parlay that I had won.

You are some kind of serious with your parlay strategy, that's good man, I though parlay was just for fun bets, at least on my own stance, but you did great for tracking your record and that would tell at least on your side that parlay is not a bad technique.

Thanks. I actually was kinda into sheets stuff then and had lot of time so always try to figure out to do some tracking stuff with sheets which was so cool and I learned a lot then.

Here is some of my best wins last year:

18x off 40 mbtc stake: 743mbtc win : https://www.coinbet24.com/en/coupon/baaaaaSRh

There was another one which was so close to 1 BTC : https://www.coinbet24.com/en/coupon/baaaaaSTn . Lost 2 events out of 5 but I recall it being close too.

It's cool to bet parlay if you have some extra lying around. However I don't recommend betting all-in. Parlay works good with betting part of your balance IMO.

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