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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/

Myself prefer money line betting as I bet only on selected matches that I was familiar with good data in hands. For this I just go with the odds provided by the gambling website. This is perfectly a win or loss bet, and gambling is all about acceptance. Before wagering we need the mind to accept loss and win, without that should not spend and feel further. We can't expect big payout with this type of betting.

I am not a big time gambler as they call it, so I think "Parlay bet" is going to give me the most payout in sports betting.
The logic here, is less chance of winning will give better payout so we need to be lucky enough in order to paylay bet, bigger odds will give better payout.

The best type to go for would either be Money Line or Straight imo. Total line and Parlay are a bit risky but Parlay can give you the most money you can get if the risks are much higher. The higher the risk the higher the profit after all. But you can just go for Money Line and try to see whether the team with the lower odds has a chance, you can try your chances there. Most cases in sports betting just depends whether the underdog has any chances of winning so you can just get data in your hands about the teams and try to make up a plan on which types of bet that can make you profit more. Different types of teams may give out more profit in some types of bets than others after all.

I am always betting money line betting. Since I'm more confident in betting in soccer this is where I put my money on the line. Money line betting could be most effective if you know exactly you're betting on. Just for you to be sure of your gamble, you should gamble on your safe haven games. If you're onto nba, then that's what you should take.

But this is highly subjective as to what method to play would give you a max payout. It depends on what you are betting on. If you are going to bet on the underdog you will be getting a higher payout provided in the lines but the chances of them winning is obviously low. But these odds are again not fixed and change with time. In simpler terms, analyzing the betting odds is another topic of study and those who are professionally betting on games bet on more than one market o maximize the arbitrage.

It does not mean that one type of line will always be higher payout than another.

For me, it depends on the game that I'm betting. Like in esports I usually do a straight bet or money line, and most of the time I bet to the underdog because I like that odds especially if those underdogs have a new roster/s that I now that will show off. But when it comes to crypto gambling I do parlay bet; I like the multiple matches so that I can assure that my money will not end up in a single game. :)

It all depends on the match. If it is between a huge favorite and a huge underdog, the odds will definitely be very low for the favorite. And so to somehow strike a nice betting odds, there will definitely be point-spread. In which case, I will not be betting with a money line bet if I were to bet on the favorite. It is somehow necessary to take a little more risk for a much better odds. I'd go for a handicap or line betting.

I will only use Parlay betting if I am almost certain of my bets. If not, I'd rather forget about the nice odds and settle for something much safer.

The most common in our country is straight bet, especially during the NBA season Final where people would give additional points to underdog during a bet. My friends and sometimes my coworker bet during NBA finals which sometimes sums up to 200$. Sports betting is fun.

I read the article that you provide. The Money Line Bet is my personal favourite with regards to gambling. What am I doing is that I will open two gambling site that has two different kinds of odds, but it will be the same game. I have no capital, but I have a good chance of winning big.
For example:
I will bet into the first gambling site: teamA +10
and I will bet on the other site: teamB -5

No matter what happens, I will win, or it's a draw. Mostly of my bets are draw but sometimes I win big :)

Basing on my sportbetting experience i do able to bet all of these kind of bets but since we do talk about which one i do make money the most then its on money line bet yet
i do only need to choose which one would able to win in the final and not really that kind of stressing on my side unlike on that Total line and the most is on Parlay.
(On my side) its not hard up to think generally when you do just select which team compared on analyzing on how many total points would the game end up or
selecting good teams on parlays but well this is gambling/betting where we do seek out thrill and entertainment.

i dont have a data now so i cant acces the link that you posted but im pretty familliar with some of those type of payouts that you posted  . if im going to choose one i think that would be straight bet  .  i assume straight bet means , betting straightly  on the chosen team that you pick , am i right ? from the root word straight  . that is if im more confident on the teams that are playing but if im not familliar with the teams , i think i will chose another type of betting style from the list  .

You are asking about the higher payout I think and that is the Parlay or Accumulator option because compared to all other types of sport betting you mention here it can have the highest odd and then if you win it you get the best payout.This is the most difficult bet to win though as it is composed of many games.

The easiest one is not in the list and I think it is the Asian Handicap where you choose a weaker team and start the game at 3-0 for that team.Rarely you lose this bet if you have good information about both teams that are playing.

I've always usually just used the simple betting method and I don't have any plans of switching over to any other method of betting in the future, though I will say I've had good luck with parlay betting in the past with esports. I'd say the method that gives you the most payout would be the one that you understand the best and the one that you are personally most comfortable with. Try out all of these methods sometime, and use the one you like the most.

My preference sport betting strategy is Total line, I can easily predict OVER or UNDER scorelines of both teams judging by their attacking forces and previous matches played e.g teams like Liverpool and Manchester City in EPL has  potent attackers with the likes of Mane, ferminho and sallah for Liverpool while Man city has Aguero, and Gabriel Jesus these clubs will print green for OVER  total score any day in most of their previous matches played this season they scored a lot of goals while I believed their form will be sustained throughout the season thus OVER total score is guaranteed in their subsequent matches.

Parlay gives you the most payouts if you managed to hit those correctly. The easiest one, usually with the lowest odds on any sport and any platform, would be Money Line or Straight bet. It's a no-brainer actually, and would only take a couple of analysis before one manages to get the necessary data in picking their bets. Usually on large events, upsets rarely happen, and one would go for the favorites, hence the low payout and low odds. For a parlay bet, even if you pick on favorites on several games, the odds accumulates more and more, the more you add events to your list.

The bread and butter of my sports betting strategy are the parlays which some english people refer to as accumulators  ;)
That is my preferred way of betting due to the compounded effect of my stake. Of course that by adding more matches you practically have more variables in the "equation" that could go wrong. But your risk is the same & the reward significantly higher. Back in the old times I remember I've won a 21 matches parlay with a $0.50 stake. That brought me over $250! That's over 500x my money. What can I say.. it was fun!  :D

Any game that allows you to exploit differences between a predicted result and the actual result is going to generate the highest returns. Since you can stack these up with multiple bets in an accumulator, then Parlay is definitely the most profitable type of bet.

However, if you get good at PvP gambling, such as poker, esports etc, then you can easily earn huge amounts of money, since your skill is the deciding factor.

Personally, I stick with Poker since I know I have the edge, particularly when playing on low stake tables.

Betting is available in various types but I will not prefer all kind of betting option. Instead I wish to do the sports betting which can be more fun filled excitement for us.
We need to look at the team or player who win the match using prediction tools available in online. Apart from that as per winning ratio, most of possible team will be having very less odds. Please do not get confused and fix that one. I am sure you will make money at least 70 times and 100 betting.

Well, if you don't mind OP I have a suggestion on your thread that it would be better if you also include and voting poll.
Parlay for me is very risky to place a bet, but if you know how to manage this it gives you probably a lot of payouts. But the fact is I don't like betting. I rather choose poker game based on skills gambling and dice game with manual rolling dice and low chances of winning against the house edge.

Good idea dude! For having a good appeal of the result this is good suggestion IMO...
To be honest I did not gamble in sports betting because I don't know those teams matches but I remember those days I am placing a bet and in my opinion, it is "Moneyline Strategy". Because in sports it is basic and Moneyline are the primary wagering option especially for baseball. Always put these in your mind when choosing Moneyline betting "Favorites are always listed as negative Moneylines and the Underdogs are always listed as positive Moneylines".

For me, I'd chose a straight bet/side bet.
This kind of betting is very common in basketball and football sports. I think it will give you most payout because when you place a bet on the underdog team you will have a higher odds and most probably you can get also high payout. Even risky but most likely to win.
Parlay bet is very risky you need to watch out.

I don't use any other kind of betting, I stick to straight bet. Although I'm not a heavy sportsbettor but when there are games that I want to follow and watch, I also bet before the game.

You should also try to bet with any sports. Just give it a try, maybe with your favorite sports as soon as you find them on bookies bet on it. It's okay to try it for the first time and after that you can see if you are starting to like it.

I have more success using Straight bet but I'm not getting max payout using the betting method.
Mostly my big payouts are coming from using my parlay system, that's my personal system and I find it working since sometimes I could also win big amount of money, I know it requires more luck but with proper analysis, it's also possible to win, however let's not expect we can do it consistently.

Money line i think this option often given to me the profit especially when i bets for favourite teams seems everything more easier to win because strong teams almost always be win against their opponents but don't ask to me about the odds because usually the odds for the favourite are pretty low but sometimes when i feel the payout very low then i was combine several match into the parlay so regarding this question i think besides money line the parlay also often to given profit to me during sport bets

Parlay is much better than betting on multiple low odd games. I generally combine the lower odds below 1.5 to create a parlay. But it's still on the risky side when you combine more than 3 bets. Money line are easier to understand and calculate. Specially when you are doing a martingale in sports betting.

Straight bet for me, let's say a matchup of top8 teams then top1 vs top6. There is a high chance that the top 1 team so I'll definitely put my bet on it. Underdog or the last spot team doesn't win that often, most of the time their players are not strong enough to beat the top teams.

I don't know, maybe straight bet. I only bet on which team win in soccer match and only do that. Parlay maybe sometime but most of it make me lose because 1 of the bet i lose. Maybe what most payout for me is straight bet, correct me if i am wrong please because i don't really understand the article.

I always do Straight bet because I like the odds 1.90 and over, and I can only have that if I bet on point spread.
Parlay is somewhat attractive as it can give good payout but its too risky since there's only a little chance of winning.
Though it looks easy to some but in reality its hard to win, betting at least 2 bets to quality for parlay, if you lose one, you lose all your bet, that seems hard.

but the odds can change from time to time especially on sports and esports betting  .will you still do straight if the opposing odds change ?

parlay is the most popular betting method that i see the most  . many have  done this despite of its riskyness  . if you really wanted to win big , you can take much risk .

yes its hard because there is no easy money on gambling not just on parlay alone  but then again , being hard and too much risk can offer big returns at the end if ever youv got lucky  .

The only way that you can get +EV in the long term is if
a) you have some sort of model that is proven over time through empirical means OR
b) you conduct arbitrage betting

Intuition would tell me that moneyline betting would be result in the most payout, because generally the books have the most liquidity when it comes to moneyline and other side bets generally have less liquidity and thus, higher spreads by the bookmaker. Obviously it would differ on a case to case basis, though.

I can say it all depends on the amount of bet you placed or how frequent you win with every match you placed a bet.
Money line and straight bet usually has the most payout every bettors could make. But of course the risk factor is greater than just normally bet on the winning team without any odds and point spread, because in most cases bettors would always bet on the underdog.
In my case, I became comfortable with money line bet, accompanied with sports analysis and luck lol.

To be honest, I rarely gamble on betting sports. But when I was there I choose to parlay bets that probably gives a good payout. But others say it is very risky to bet and that right. Because when betting it gives you the worst odds to win, and the bets of parlay lose it will lose everything. But in online gambling poker is the best for me.

Luck is just a typical thing always on gambling and theres no question to that.About on the risk factor you do say i do see parlay is much more riskier.
Money line and straight is just a common betting on most bookies thats why people do get used to this betting type.There are lines that arent being offered
and this is where sportsbookies do offer something which cant be found on other platforms.

being attached to gambling you will understand that it's not everyday that you can hit the pot, there's also some bad time that you need to quit away and rest for a while. Even you have a working system shit can happen, take the risk and enjoy once you catch the right selections. Combining games and have a good luck picking the hot teams to win the game.

I think parlay is the riskiest betting type among them all since your chosen bet should win all of the game without losing. Unlike other typical betting type such as straight, it only relies on one game a time which means that your odds to win is more or less 50%. The best thing in parlay is indeed good payout; very worth it if you're too confident for your underdog.

Of course that parlay betting can give max payout, when you combine two or more matches you can have higher odds, with higher odds you have higher possible payout. Straight bet, money line bet and total line bet are similar, if you know the game, teams, you have more chances to make an accurate prediction. In the past few months I prefer live betting. Basically the game starts and you can see how the game develop and you place bet depending on that, odds drop as the game progress, but in my opinion like that chances for making profit are higher.

I am going to go with Money Line as that is the bet that I choose when I bet the underdog.  I also Like to play 3 and 4 leg parlays, as they can pay around 1200 to 1400%. I usually pick a couple of my biggest favorites and bet the spread then I find a game with a decent underdog and take the ML. Usually a decent ML bet on a 4 leg will bring an extra 4 to 500% if you are betting the underdog.


But to answer your question the best Paying is Parlays, ML only pays good when you bet the underdog!

I'm sorry but I think you don't get it. Did you read the OP?

This is the definition of straight bet.  https://www.bitcoinsportsbetting.co.uk/news/most-common-types-of-sports-bets/


I usually do the point spread betting so I'm straight betting. in the exmaple, if gsw -9 then toronto will be +9..  the odds would be 1.90 or over,,, or in some not so competitive sports book, odds will be 1.85 to 1.88...

Yeah its not specific to say an answer here that this specific bet will be hte max payout. It will vary with the game and the type of bet.

But how do you know which team will win. Do you have a crystal ball? :D You would be a millionaire by now if you did and if it worked though. ;D

Parlay will multiply your bet payout, but then the risk also increases and the corresponding reward. Its more of a mode of play, not specifically a type of bet.

I also dont understand the question properly, which is why I said that it will depend on a lot of other factors. For an EV- game though the answer is simple.

I mean i just bet on match that only pick team, about win or lose most of it is lose  ;D. Only know that kind of bet that we only pick which team to win. That is why i answer it is straight bet, i only know about it and maybe parlay which we pick on some odds but if we lose 1 means we lose all. (Correct me if i am wrong again) but i never do parlay bet until now.

Total line (Over&Under) and asian handicap that giving me the most payout. Especially on soccer, i always at least 60-80% guest correctly everytime i bet on total line. I think Total line is more easier to bet than other types, when a big teams vs a lower team usually have so many goals.

Both of them are the best way but it all definitely has low odds because it's low I usually make a parlay. If I have a big bankroll, it is safer to make a single bet, bet high with low odds. I prefer pick parlay and single bet with odds below 1.5.

Parlay sounds good on paper, but in terms of the EV that it brings, it really just multiplies all the -EV of the bets exponentially.

Why? Because each component of the parlay gives you odds that are already affected by spread and the sportsbook's inherent edge over players. Once you multiply these odds together, what you get are way more terrible odds than if you just did a straight and simple moneyline bet, for instance.

Entertainment factor? Absolutely. But if you are looking for payout, uh-uh, unless you're somehow certain of a few outcomes (which would never be the case).

You sound more like a YOLO player. ;D  I give you that its fun to play yolo but you wont last long that way. Better to do some research on the team and analyze the matches played previously to get a better decision next time. Wont make sense to bet bigger amounts unless you are drunk of course. Then everything seems easy. :P

Parlays increase your multiplier but also increase the risk. Its the same risk vs reward tradeoff, wont make sense to do parlay unless you are least 99% sure that the bets on the parlay are going to be sure shot wins. Its tough to say but without parlay the rarely occurring events are ones having a bigger payout.

Well money line is my favorite one and honestly on it i can make big payouts in a simple way of betting.   because it's very effortless you know wherein you only need to choose which line is for you has a potential,  then after that if your lucky enough  you  can easily get rewards without any further do. Im not saying no risky because its always there we and cant avoid it. Lol what i want meant was it's the only simple game above that so far gaves me the most payouts.  .

Interesting OP, I love sport betting but don't really know about these types. Will definitely go through them.
Since the payout are good, I just hope they are not too tedious or hard to win cause I have come to notice that some sport which has good payout tends to be tedious, thus winning many not come easily. Noticed this alot in soccer, when the odds are good with many player, winning becomes hard.

In my experience, it's either hi-lo or baccarat. Those games are my favorite because so far in my gambling history, those two are the only games that manage to give me sweet, sweet profits. I've been exposed to baccarat in my childhood so I'm don't feel nervous playing it so it's much easier to me to focus to game. While even hi-lo is new to me, it's very easy to play that I can choose auto which can go big easily.

Watching sports matches especially soccer is my favorite. To create a more interesting atmosphere while watching, it seems like betting is the choice that many people want. I do not have great experience in betting, because in every case when betting I lose more often than I win.
I prefer betting directly compared to the others. Parlay is enough to make it difficult for me to make the right choice. This is part of the fun to create a more lively atmosphere.

By Hi-Low i guess you mean dice games were you can roll a dice and you win if you chose to bet high (say above 50) and managed to roll a high number, right? Yeah it is quite easy to play. The payout mostly depends on your win chance. The lower your win chance the higher will be your payout. Make sure to double check your auto bet settings and keep an eye sometime when running your bet cause you can easily get wiped off (or win real big but if you keep running it for a long time, high chance you will lose everything) for your small mistakes.
You can try dice Hi-Low at crypto-games.net. They have autobet bot and a wonderful community! :)

You need to be picky when choosing the right sports to bet with, many gamblers begin with good research before playing in any gambling site they've choose to play with their money. There's some might have causing delays when you are ready to cash out. Make sure to read the terms and conditions and understand the rules of the site you are playing with.

I think Parlay betting is most difficult to win as you have to win series of matches to be able to with the whole bet. I mostly prefer the straight bet and it is the most common betting type.

Which of these earn me the most money? Isn't the question irrelevant?

These types of bet do have different odds offer so it depends on the odds. Even I like to bet on Moneyline but the odds are not interesting then I will switch to another one and so on.

Technically, the parlay will give the most rewards but it doesn't mean that's the most type of bet where anyone can win most.

I like to analyze the "other" side of the game. Usually many forecasters of football events are skipping several intersting statistics details. They don`t look on the shots, fouls and offsides. Recently I started to look on shots on target. The weather factor often affects on such outcomes, wind and rain are best friends.
Also this method gives me a chance to make parley with several bets from the one match.

Yeah obviously do not expect big payout, because payout is depends on hiw much money your capital  in line betting, so meaning winning big payouts in gambling depends on the bet you put.

I avoided sport-betting in the past because I thought it was too complicated. Your interesting but technical comment reminds me of the past. Back then I would see lots of interest and excitement in sport-betting by people but when I drew close to learn from them I'd noticed they use lots of technical terms. So, I wish you could explain why odd changes with time and whether only the professionals can profit from the abitrage...

Odd changes from time to time whenever something happens from a specific player or team it may be injury or a sudden change in his momentum that technical analysis considers a great deal with the game the odd will surely vary from there, It is not easy to bet on sports betting that for sure, even a professional sports gambler can surely lose as well not because of the wrong forecast but because the odd doesn't favor, even though you are pretty sure that a fighter can win or had the upper hand on his opponent doesn't mean it can always be the output the game or a fight is not finished until it is finish,

A gambler learns from their mistakes research is the key to success and acceptance even though you win or lose it doesn't matter accepts it and call it a day that is what a professional gambler is it is not always winning and being great in the field but always knowing that gambling even if it is sports betting there is always risk involve.

The most profitable bets for me in each session are straight, moneyline and totals. Parlays are also profitable but I only do them when odds for moneyline and handicaps are too low. I try to stay away from them because something unfortunate happens most of the time and I always lose by one leg.

It's the same as the title above but it sounds misleading because the term payout could also mean like winning a single bet or just winning overall but since OP mentioned each type of bet it's easy to know what he/she meant with the term.  

yes, I also prefer money line bets in sports betting, because that way we can get high payments because of the focus on which team will win the match. In addition, this method is a simple way and can be done by anyone but of course all have risks that will be faced because by betting we have to give up the money we spend if defeat is approaching us

Parlay bets gives most payout as even with just 2 bets in a parlay, you can have a good return of your money, provided you are lucky as the more bets you combined in a parlay, it will decrease your chance of winning. I am not doing parlay in a regular basis as I understand my chance, it's more like a lottery pick for me that I am willing to spare a small amount for a bigger possible winning, but like I said, I can only win if I'm lucky enough.

Roulette at the casino is one of the better games that knows how to play and does not complain about a lot of money, I think roulette is not always installed and you can take good money at roulette.

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 expected 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.

For me I prefer to play soccer gambling with "Live betting".

In this type of game I can play by placing bets to score more or less, printed in determining what has been determined by the bookies of soccer.
Example:
In the game there are provisions for example score 2, however, I can bet over or under the scores made by each team in the match.

I only do straight bet with lower odds, but the rest I don't do it or I do but I'm not familiar in their types or terms. Sometimes I just bet whenever I want or feel that they have chance to win not considering what type it is just merely the record of their wins. But it's good to know those other methods exist.

At some point our instincts tells us where to bet and sometimes it’s also correct so basically even which types you chooses still Luck will bring you the fortune you need

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But the most pay out I’ve got is from Parlay though that time is my first time to try because a friend teaches me how to make bet on that type and I won,but the following days i losses so I go back to straight betting again the way I use mostly

This is how majority of the common people who aren't that aware of gambling spend. I too prefer to go with the lower odds suggested by the gambling site itself. Parallel to the same I do gather some information before spending. Professional gamblers are the one who spend knowing each and every strategy having different names.

I think for me simple betting on match result has proven to be more successful than any other betting. I do most of the betting in cricket and football and both of them are pretty unpredictable game until the last minute.I think such type of betting is more like a lottery unless you are pretty sure about the team you are betting on because if we look at it mathematically sometimes going with the teams with more odds is better because you get to make smaller profits consistently.

The question is asked wrongly or you are talking only about sports betting and it's related strategies (question is asked in overall). I think discussion in overall will be better and I'll post differently from you. Let's talk about "the most payout betting type". Which game has the highest payout that you know? The one which I discovered lately is Double Ball Roulette, it has 1300 to 1 payout when two ball sits together on your bet number. Personally I have never seen higher payout than this one.
In overall like BlackJack's sidebet options cause it's frequency.

Parlay bet is the best for me,  because I choose on multiple team at different leagues, thereby giving me more odds,  my type of bet under the parlay betting is betting on goals from different teams,  most time that I do win I don't need to wait for full 90 minutes before cashing out

Looks like you are an expert in making a lot of money through sports bet and i would like to know how many parlay you are able to win on a monthly basis, the odds increases with the amount of bets and i would like to see a screen shot of your win to get an idea on what kind of sports and odds you are wagging.  Dice was pretty cool and i won some amounts because i was lucky some of the days and some of the days i looses money.

Yes in games you will make predictions but only the expert predictor would-be able to earn and after your expertness, you will have to have good luck and play well. Before any bet, people should make sure if they have total knowledge about this game or not then you can leave on your luck but knowledge I find the most important.

Well, it is good to hear that you at least returned back to your normal way of playing. Honestly, nothing can really help you in a game which is just about luck. Gambling highly depends on fate. Even if you learn thousand tricks, you can never master knowing fate. So it is better to drop the idea of making money or rewards from such activities. It is not about skills or gaining knowledge, only luck.

Of the 5, it's parlay that betting type that makes me earn the most. It makes me have better control of my wins and losses because multiple bets on multiple matches are covered.

It is not. But since there is the possibility of the gambler making money, hence the idea that people can make money from it. It is possible under certain circumstance like you know the bookmaker closely, they may be able to give you some tips.

Parlay should not be in this list. When you make a list you are essentially comparing things that have a similarity Casinos allow parlay because it increases the risk of the loss and the reward for winning. Statistically speaking the casinos make money from the increased frequency of parlay so they allow it, otherwise they would not have offered it.

Dont easily believed on when there are gamblers who do say or claim on making with parlays specially on longer lines. 3 games might be considerable but
above that it seems hard to believe on.

Regarding on the question on what betting type do make money when i do gamble out then its always on money line.

Is it?  I wonder these types are about the different strategies i.e. something else like parley in sportsbetting? Your link explains each type of betting but I just feel it would be too good if you take time to explain how one is differing from the others. I mean only when we are aware of the differences among them, I guess we may go for the right one; right one in the sense, the most profitable one.

When our final motto is predicting the winner, I just want to keep my things as simple as possible rather than complicating with different variety of betting types nor strategies. This is the reason why I am still sticking martingale for my dicing ;).

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.

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.

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.


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.

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 ;D .

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.

Most probably, yes. I realized that.


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.


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.    

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.

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.

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 !

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. ::)

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.

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.

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.

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. :D
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.
 
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. ;)

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 .

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.

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.

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.