Which betting type gives you the most payout?

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: owengtam09 on November 14, 2019, 06:38:11 PM

I still believe that there is still luck, even if the game is base on the number on a card that will be given to you, I know that even if a game still needs a strategy you must still need luck for you to win and for you to make it easy. There are times that even if how good you are already in gambling, there are still times that you will go home nothing.

I am not saying luck is not there. It is there in every aspect of life but the EV+ games can be relied on skills but luck obviously plays a factor. Again in card games there are counting skills and ways to bluff the opponents so its not completely luck based unlike an EV- game like dice and slots where the casino will win in the long run.

Going home with nothing should not be thought as a defeat. It is a part of gambling and one does not lose completely or win completely. That win or loss only temporary until their next visit. That is of course false for those who would never gambler again - which is rare.

owengtam09

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Quote from: TheUltraElite on November 13, 2019, 01:14:15 AM

Quote from: Vaculin on November 08, 2019, 02:43:02 AM

As long as luck is on your side, you will not have a hard time winning in sports betting, even if that parlay has a high payout.

But Vaculin, luck is never on the side of the player. You know that from the number of outcomes coming out to be winning and being known popularly. Cheesy

Rarely people win big win and jackpots. Sports is different though. You need to have a good understanding of the game, the teams and the environment where its played.

I still believe that there is still luck, even if the game is base on the number on a card that will be given to you, I know that even if a game still needs a strategy you must still need luck for you to win and for you to make it easy. There are times that even if how good you are already in gambling, there are still times that you will go home nothing.

janggernaut

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Quote from: Ziskinberg on October 29, 2019, 05:51:49 AM

Quote from: EdenHazard on October 29, 2019, 05:23:41 AM

I don't do bet huge for ridiculous low odds, I prefer small bet amount with huge multiplier... the winning feeling is unbelievable compared to how hurt your $2,000 bet lost @1.02 odds , I've experienced almost everything.

Same here, I learned from my mistake that low odds does not guarantee that you will win, the odds only tells our chances of winning but it could be different from the outcome, if you bet on the other side and you win, that's more satisfying than betting on 1.02 odds with big money at risk.

Betting high amount on low odds is too stupid. Except you are in wagering contest, you shouldn't do it. You only get small profit instead the huge risk while you doing that, imagine how many bets you need to make if your bet is lose in high win chance.
I often used playing on below 10% win chance with high % after lose to make my bet recover faster and it doesn't need to playing too long.

kaya11

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Money Line is suited for as I don't really put much brain no what and whom to bet, that is all that I can for now and most of the time. I go for less pay out- I don't take too much risk and never have to. But if I tried parlay betting and win, maybe it could give me the best profit that I will win in my life, if I lose then it would just freak me out and maybe totally quit playing, so I don't try it at all. For the other types of betting never tried them but may I will do some quick research and understand it, it could come handy one day.

Ziskinberg

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Quote from: sana54210 on October 29, 2019, 06:16:49 AM

Odds cannot tell your chances of winning in sportsbetting ....

I believe it can because odd has its purpose, the odds makers are smart enough to create an odds on a certain game for people to choose from, they read our mind and their basis on creating the odds is on what people are thinking, if the odds is low, for me this means that the team will likely to win, but we don't conclude so easy, that's why there are lines that are overvalued and undervalued, and we will only be able to know that if we study the odds they provided, we are analyzing it because we are looking for value, and that's when we will be putting our bets .

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Vaculin on November 08, 2019, 02:43:02 AM

As long as luck is on your side, you will not have a hard time winning in sports betting, even if that parlay has a high payout.

But Vaculin, luck is never on the side of the player. You know that from the number of outcomes coming out to be winning and being known popularly. Cheesy

Rarely people win big win and jackpots. Sports is different though. You need to have a good understanding of the game, the teams and the environment where its played.

Quote

Sometimes I go against my analysis as I believe oddsmaker are smart enough to fool us through their line, that's why there's always a saying in gambling that the public always lose because the public decides based on their emotion than on their mind.

Obviously they are going to fool the player. Thats their job and how they make money. The majority bet wins in many cases but some matches will be fixed or the team will be reluctant to go beyond a draw. Specially happens in local league games of smaller countries. Wink

Golftech

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Quote from: owengtam09 on November 08, 2019, 07:07:17 AM

Quote from: hahay on October 18, 2019, 12:09:12 PM

Quote from: owengtam09 on October 18, 2019, 10:24:59 AM

I didn't get the most payout because I just bet with an average jackpot, I sometimes bet with offline gambling that has a huge amount of payout but most of the time I didn't expect that I can win and I am not wrong with that. LOL. I just enjoy playing online games right now which is Plinko and dice games and I am not expecting that I can win huge because I already know the risk.

Right, hoping for a big win will only result in a big loss but at least you are lucky to have realized this kind of problem before betting. This is very different from me who always expect big wins or in other words to be greedy when placing lots of matches on parlay bets, because at first I was used to parlays even in before gambling online I have experienced big wins and losses on parlay bets.

Yeah, I also think that I am lucky enough that I have an early realization that once we enter gambling there's always a risk and Thank God that I know how to handle my earnings and at the same time some of my savings I don't want to risk personal money without any assurance.

Better than pushing your luck and regrets once the outcomes turned into negative. A person/gambler who have good emotional control can
avoid losing a huge amount of money. There's a big difference when you know when you stop and knows when to proceed.

You can maximize such enjoyment if you can quit before you lose everything back to the house.

owengtam09

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Quote from: hahay on October 18, 2019, 12:09:12 PM

Quote from: owengtam09 on October 18, 2019, 10:24:59 AM

I didn't get the most payout because I just bet with an average jackpot, I sometimes bet with offline gambling that has a huge amount of payout but most of the time I didn't expect that I can win and I am not wrong with that. LOL. I just enjoy playing online games right now which is Plinko and dice games and I am not expecting that I can win huge because I already know the risk.

Right, hoping for a big win will only result in a big loss but at least you are lucky to have realized this kind of problem before betting. This is very different from me who always expect big wins or in other words to be greedy when placing lots of matches on parlay bets, because at first I was used to parlays even in before gambling online I have experienced big wins and losses on parlay bets.

Yeah, I also think that I am lucky enough that I have an early realization that once we enter gambling there's always a risk and Thank God that I know how to handle my earnings and at the same time some of my savings I don't want to risk personal money without any assurance.

andycarrol

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Quote from: djsugar on November 02, 2019, 01:03:14 PM

Quote from: ruthwithers1980 on September 29, 2019, 10:04:39 PM

Sports betting is broader than most beginners think. It takes many forms. It’s not limited to placing your bet on who you think will win between two teams or players in a match. Sometimes, it gets challenging when odds or point spreads get in the way.

There are various bet types you can choose from when placing wagers on sporting events. But which of these earn you the most money?

Straight bet
Money line bet
Total line bet
Parlay bet
Head-to-head bet

If you do not know these betting types much, here's an article to help you understand them better: https://www.bitcoinsportsbetting.co.uk/news/most-common-types-of-sports-bets/

I majorly go for straight and money-line bet as it is safe but less rewarding. My friends and people around too go for such kind of bets. If you are a risk-taker and want to earn big against the odds, try Parlay bet. It comes with high risk but you can earn big if your luck is on your side and stars are right !

Parlay bet is a type that gives me the most payout. I always take a small risk when playing parlay bet, because I always choose a big team when they play at home, even though it has small odds, but I think it's quite safe.

Vaculin

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Winding down.

Quote from: TheUltraElite on November 08, 2019, 01:06:28 AM

Quote from: djsugar on November 02, 2019, 01:03:14 PM

It comes with high risk but you can earn big if your luck is on your side and stars are right !

You know that the casino kind of "wants you" to go for the parlay? In other words its a trap made for the addicted and overconfident greedy gamblers. Any marketing method is made to target some emotions and here they are. Roll Eyes

You may have some insider news, thats another topic but blindly going for a parlay can end up with good or bad results. Most sports betting sites do give out some strange options like goal in these many minutes or this person to get yellow card. I think these are done to diversify the market for that game and give players more options to bet on than the win loss or draw. Sometimes they can have good odds and may be worth more than parlay.

As long as luck is on your side, you will not have a hard time winning in sports betting, even if that parlay has a high payout.
Sometimes I go against my analysis as I believe oddsmaker are smart enough to fool us through their line, that's why there's always a saying in gambling that the public always lose because the public decides based on their emotion than on their mind.

TheUltraElite

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Merit: 1253

So anyway, I applied as a merit source :)

Quote from: djsugar on November 02, 2019, 01:03:14 PM

It comes with high risk but you can earn big if your luck is on your side and stars are right !

You know that the casino kind of "wants you" to go for the parlay? In other words its a trap made for the addicted and overconfident greedy gamblers. Any marketing method is made to target some emotions and here they are. Roll Eyes

You may have some insider news, thats another topic but blindly going for a parlay can end up with good or bad results. Most sports betting sites do give out some strange options like goal in these many minutes or this person to get yellow card. I think these are done to diversify the market for that game and give players more options to bet on than the win loss or draw. Sometimes they can have good odds and may be worth more than parlay.

djsugar

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Quote from: ruthwithers1980 on September 29, 2019, 10:04:39 PM

Sports betting is broader than most beginners think. It takes many forms. It’s not limited to placing your bet on who you think will win between two teams or players in a match. Sometimes, it gets challenging when odds or point spreads get in the way.

There are various bet types you can choose from when placing wagers on sporting events. But which of these earn you the most money?

Straight bet
Money line bet
Total line bet
Parlay bet
Head-to-head bet

If you do not know these betting types much, here's an article to help you understand them better: https://www.bitcoinsportsbetting.co.uk/news/most-common-types-of-sports-bets/

I majorly go for straight and money-line bet as it is safe but less rewarding. My friends and people around too go for such kind of bets. If you are a risk-taker and want to earn big against the odds, try Parlay bet. It comes with high risk but you can earn big if your luck is on your side and stars are right !

Haunebu

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Quote from: Darker45 on October 29, 2019, 03:31:53 AM

Quote from: Haunebu on October 29, 2019, 03:07:53 AM

True, but people did win betting in this manner and it is worth it in my opinion even if the house has a stronger advantage in this case. I know someone who earned $3000 twice by betting $1 on 30 round parlays.

A 30-round parlay is almost an impossible quest. It has a huge prize of course because it has to correspond to its winning difficulty. A 5-round parlay is already difficult to win, how much more if it is 30? It sounds like a lottery to me. You do not mind the ticket price because it is cheap and the possible winning prize is huge but then, how about the winning chance? It is below 1%. In other words, your bet is like a give-away.

I was talking about my friend who actually did end up winning 2 such bets($3000 while risking $1) which itself convinced that parlays are worth it especially for the fun part. I tried and ended up winning around $200 a couple of times risking $1 which was worth the risk.

Parlays provide a much better risk to reward ratio when compared to lotteries though I only advise playing them for fun(Not seriously) because I do know that they favor the house in a big way. I bet on the moneyline primarily if I wish to earn seriously.

sana54210

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Quote from: Ziskinberg on October 29, 2019, 05:51:49 AM

I learned from my mistake that low odds does not guarantee that you will win, the odds only tells our chances of winning but it could be different from the outcome, if you bet on the other side and you win, that's more satisfying than betting on 1.02 odds with big money at risk.

Odds cannot tell your chances of winning in sportsbetting as they are just the intermediate factor which is based on how much betting money and how many bettors on both the sides. Low odds like 1.01 will happen for easily predictable match. It is due to everyone bet on strongest team and only very few gambler bet on weak team. If the strongest team win then the profits for EASY prediction will be very low as losing side has few gamblers and small bet amount.

For the same scenario of strong team vs weak team match, if the weak team wins, then bettors on weak team gains big profits as there are many gamblers bet on strong team hence the sum of bet amount also will be too big. That too big amount will be shared by small group of gamblers who bet on weak team. So, they will make big profits for their HARD prediction. If you notice, the weak side odds would be (for example) 3.2 or 4.5 like that.

Darker45

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Quote from: Finestream on October 29, 2019, 04:31:17 AM

Quote from: Darker45 on October 29, 2019, 03:31:53 AM

You are probably wrong here. Parlay is an example of high risk-high reward betting type.

Probably he is only referring to the amount at risk, when you risk at least 1 to 2 usd, that's a small amount that you can afford to lose anytime, so that's low risk for him but with big multiplier in parlay, if he is lucky, he can get a good return. In my case, I can do 4 usd per parlay with at leasts x100 payout, I find my chance is very low but the amount at risk is not that high, so I am just doing it for fun, I mean pure fun.

Most probably, yes. I realized that.

Quote from: Yatsan on October 29, 2019, 05:06:47 AM

Small bet, Big winning is my type of game.

That is not my game most of the time, because there are more considerations than just the bet and the winning prize. I mean, are we not to consider the winning chance? At times, I take high risks. But most of the time my bets would go to 1:60 or 1:85 kind of odds.

Sure, parlay betting is more fun and thrilling than just the normal single match betting, but the low chance of winning is the main reason why I am not into it, unless I am very confident of all the teams in the matches.

Quote from: EdenHazard on October 29, 2019, 05:23:41 AM

I often do that parlay with similar odds and due that behavior... I think those $2,000 winning back to nothing as I've lost more since then Grin

.

I don't do bet huge for ridiculous low odds, I prefer small bet amount with huge multiplier... the winning feeling is unbelievable compared to how hurt your $2,000 bet lost @1.02 odds , I've experienced almost everything.

In the long run, parlay betting is probably going to give you a net loss than a net winning. But I agree that it is much worth it and fun compared to a one time loss especially with an extremely low odds. I hate to be defeated with an upset also. That is like an easy money turned into stone.

Ziskinberg

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Quote from: EdenHazard on October 29, 2019, 05:23:41 AM

I don't do bet huge for ridiculous low odds, I prefer small bet amount with huge multiplier... the winning feeling is unbelievable compared to how hurt your $2,000 bet lost @1.02 odds , I've experienced almost everything.

Same here, I learned from my mistake that low odds does not guarantee that you will win, the odds only tells our chances of winning but it could be different from the outcome, if you bet on the other side and you win, that's more satisfying than betting on 1.02 odds with big money at risk.

EdenHazard

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Quote from: Finestream on October 29, 2019, 04:31:17 AM

Quote from: Darker45 on October 29, 2019, 03:31:53 AM

You are probably wrong here. Parlay is an example of high risk-high reward betting type.

Probably he is only referring to the amount at risk, when you risk at least 1 to 2 usd, that's a small amount that you can afford to lose anytime, so that's low risk for him but with big multiplier in parlay, if he is lucky, he can get a good return. In my case, I can do 4 usd per parlay with at leasts x100 payout, I find my chance is very low but the amount at risk is not that high, so I am just doing it for fun, I mean pure fun.

Guess what... I have experienced being in the super lucky mode few months ago .. betting for $10 each on two parlay with around ×104 and ×110 payout in two separate days ( I'll check later on my gallery if there's some screenshot on the betslip and post it here later), mixing English league one and championship league matches with la Liga and segunda matches , I won $1,040 on Saturday and another $1,100 on sunday, not bad eh?

I often do that parlay with similar odds and due that behavior... I think those $2,000 winning back to nothing as I've lost more since then Grin

.

I don't do bet huge for ridiculous low odds, I prefer small bet amount with huge multiplier... the winning feeling is unbelievable compared to how hurt your $2,000 bet lost @1.02 odds , I've experienced almost everything.

Yatsan

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Quote from: Finestream on October 29, 2019, 04:31:17 AM

Quote from: Darker45 on October 29, 2019, 03:31:53 AM

You are probably wrong here. Parlay is an example of high risk-high reward betting type.

Probably he is only referring to the amount at risk, when you risk at least 1 to 2 usd, that's a small amount that you can afford to lose anytime, so that's low risk for him but with big multiplier in parlay, if he is lucky, he can get a good return. In my case, I can do 4 usd per parlay with at leasts x100 payout, I find my chance is very low but the amount at risk is not that high, so I am just doing it for fun, I mean pure fun.

Imagine winning in parlay with that kind of winning ratio, If I will pick between parlay with 5-30 rounds or lottery, I will probably pick the parlay, because there's an excitement every round, and there's a higher chance of winning compared to lottery. And yes, no one will bet a huge amount with that kind of winning chance but it's fun to watch so I will go for it probably for just 1-2$ per day if some site is offering that kind of game. Small bet, Big winning is my type of game.

Finestream

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Quote from: Darker45 on October 29, 2019, 03:31:53 AM

You are probably wrong here. Parlay is an example of high risk-high reward betting type.

Probably he is only referring to the amount at risk, when you risk at least 1 to 2 usd, that's a small amount that you can afford to lose anytime, so that's low risk for him but with big multiplier in parlay, if he is lucky, he can get a good return. In my case, I can do 4 usd per parlay with at leasts x100 payout, I find my chance is very low but the amount at risk is not that high, so I am just doing it for fun, I mean pure fun.

Darker45

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Quote from: Haunebu on October 29, 2019, 03:07:53 AM

Quote from: mich on October 29, 2019, 01:04:57 AM

Parlay bet pays you the most for your payout but it is also much harder to win a multiple team parlay then just a Straight bet, Money line bet, Total line bet, and Head-to-head bet
Since the parlay consists of more then 2 teams to win, your chances are decreased much more then if it was only 1 game you had to win

Quote from https://www.thelines.com/betting/parlay/

Parlay betting is also popular with sportsbook operators because they’re very difficult to win and that makes them profitable. According to UNLV Gaming, sportsbooks in Nevada have a win percentage on parlays of 31.17% since 1992. For reference, they didn’t win more than 7% from other bet types.

True, but people did win betting in this manner and it is worth it in my opinion even if the house has a stronger advantage in this case. I know someone who earned $3000 twice by betting $1 on 30 round parlays.

A 30-round parlay is almost an impossible quest. It has a huge prize of course because it has to correspond to its winning difficulty. A 5-round parlay is already difficult to win, how much more if it is 30? It sounds like a lottery to me. You do not mind the ticket price because it is cheap and the possible winning prize is huge but then, how about the winning chance? It is below 1%. In other words, your bet is like a give-away.

Quote

I would never risk big money on parlays. Risking small amounts like $1 or $2 makes sense here. Most people prefer 3 round parlays due to the risk vs reward ratio which is optimal in this case. Parlays are good examples of Low risk-Big reward betting type.

You are probably wrong here. Parlay is an example of high risk-high reward betting type.

Topic: Which betting type gives you the most payout? (Read 3000 times)