Is parlay an effective betting strategy?

[mich]

The Parlay style of gambling is for the sucker who doesnt mind getting poor odds.
You are giving yourself worse odds in hopes of earning more money.

This article explains very well why Parlays should be avoided:
A parlay wager has a storied and much-debated place in the history of sports gambling.
https://extra.betamerica.com/examining-parlays-in-sports-wagering/

[1714648946]

1714648946

[1714648946]

1714648946

[1714648946]

1714648946

[freedomgo]

The Parlay style of gambling is for the sucker who doesnt mind getting poor odds.
You are giving yourself worse odds in hopes of earning more money.

This article explains very well why Parlays should be avoided:
A parlay wager has a storied and much-debated place in the history of sports gambling.
https://extra.betamerica.com/examining-parlays-in-sports-wagering/

I'm sure gamblers do know about the chance of hitting a parlay bet, but that's not poor odds for them, otherwise they will not be attracted to do a parlay bet, maybe the right words are, betting odds is high but chances of winning is low, at least that's just my own understanding and I still find parlay not a sucker bet since there's always an excitement when doing a parlay betting. 

[qweqwe2121]

For 7 legged parlay, I would not be $85 usd, that's too much for me, maybe just around 5 to 10 usd as that is just my range.
But you are lucky to win, and maybe you have a bigger budget in gambling that's why even at a parlay, you are confident to bet that high.

Yes very lucky. For me gambling is a place where looking for pleasure, not the full profit, if fully looking for profit we will be encouraged to play unhealthy or out of control and result in losses.

[Kasabus]

For 7 legged parlay, I would not be $85 usd, that's too much for me, maybe just around 5 to 10 usd as that is just my range.
But you are lucky to win, and maybe you have a bigger budget in gambling that's why even at a parlay, you are confident to bet that high.

Yes very lucky. For me gambling is a place where looking for pleasure, not the full profit, if fully looking for profit we will be encouraged to play unhealthy or out of control and result in losses.

That's right, that's being realistic since we know that we have less chances in gambling compared to other forms of venture in making money.

I also think that gambling is good if you treat it for full entertainment only and just forget if you loss and not take it seriously where it will make you come up with an experiment just for the hope of making money because that's too costly since this involves money, and the more you gamble, the more money you need to be able to do it.

[shoreno]

For 7 legged parlay, I would not be $85 usd, that's too much for me, maybe just around 5 to 10 usd as that is just my range.
But you are lucky to win, and maybe you have a bigger budget in gambling that's why even at a parlay, you are confident to bet that high.

Yes very lucky. For me gambling is a place where looking for pleasure, not the full profit, if fully looking for profit we will be encouraged to play unhealthy or out of control and result in losses.

That's right, that's being realistic since we know that we have less chances in gambling compared to other forms of venture in making money.

I also think that gambling is good if you treat it for full entertainment only and just forget if you loss and not take it seriously where it will make you come up with an experiment just for the hope of making money because that's too costly since this involves money, and the more you gamble, the more money you need to be able to do it.

at what games you play to feel that gambling can make you entertain ?  card games maybe  ?  because i dont feel to be entertain when i play repetitive games but im only playing them if want to try my luck and to possibly earn some profits   .   if i want to relax and enjoy i only play card game locally with our neighbors  but this still include real money as bets .  when it comes to strategy  ,  i still include it on my games no matter if its for enjoyment or for a seriuos game .

[Japinat]

For 7 legged parlay, I would not be $85 usd, that's too much for me, maybe just around 5 to 10 usd as that is just my range.
But you are lucky to win, and maybe you have a bigger budget in gambling that's why even at a parlay, you are confident to bet that high.

Yes very lucky. For me gambling is a place where looking for pleasure, not the full profit, if fully looking for profit we will be encouraged to play unhealthy or out of control and result in losses.

That's right, that's being realistic since we know that we have less chances in gambling compared to other forms of venture in making money.

I also think that gambling is good if you treat it for full entertainment only and just forget if you loss and not take it seriously where it will make you come up with an experiment just for the hope of making money because that's too costly since this involves money, and the more you gamble, the more money you need to be able to do it.

at what games you play to feel that gambling can make you entertain ?  card games maybe  ?  because i dont feel to be entertain when i play repetitive games but im only playing them if want to try my luck and to possibly earn some profits   .   if i want to relax and enjoy i only play card game locally with our neighbors  but this still include real money as bets .  when it comes to strategy  ,  i still include it on my games no matter if its for enjoyment or for a seriuos game .

For me, I feel entertainment much in sports betting, this kind of game where I don't feel bored when doing as different action in every game, in addition I can also choose from variety of games offered by different sportsbook. I'm not saying I'm fully focus on sports only, I also do a lot of many games, even dice, I feel it's also fun but when it comes to aggressiveness, I'm more aggressive in sports gambling as I feel I have a better chance.

[barbara44]

For me gambling is a place where looking for pleasure, not the full profit, if fully looking for profit we will be encouraged to play unhealthy or out of control and result in losses.

That's right, that's being realistic since we know that we have less chances in gambling compared to other forms of venture in making money.

I also think that gambling is good if you treat it for full entertainment only and just forget if you loss and not take it seriously where it will make you come up with an experiment just for the hope of making money because that's too costly since this involves money, and the more you gamble, the more money you need to be able to do it.

I am very sure that those professional gamblers would quote you wrong on this. The general believe is that gambling is for money making and only few gamblers would accept gambling as a place of entertainment. I am even aware there are categories of people that no longer work or do another thing to get money but rather depend solely on gambling to make money and take care of their needs. This is one thing that breaks my heart the most, like seriously? Where did this believe come from? A game that was meant for fun suddenly turns occupation to some certain people? It’s absurd I must say.

I think the aim of strategies, if at all necessary, should be for improvement in playing. I never use strategies, so I am not in a position to tell which is effective or not.

[Golftech]

If someone likes gambling it is not possible he is not interested in parlay, how can not even with a small capital can produce more (depending on the calculated odds). I bet on a parlay with 7 football matches with x11 total odds and bet $85, this is my first win.

For 7 legged parlay, I would not be $85 usd, that's too much for me, maybe just around 5 to 10 usd as that is just my range.
But you are lucky to win, and maybe you have a bigger budget in gambling that's why even at a parlay, you are confident to bet that high.

Depends from everybody's approach and bankroll management, maybe it's correct that he have a bigger bankroll and he can take that much risk for 7 legged parlay, but for small time gamblers who can't afford that much, $5-$10 can be considerable especially if you have that much games to select as chances to lose one of those games is very possible, lucky for him to win as he will enjoyed his winnings.

[Distinctin]

If someone likes gambling it is not possible he is not interested in parlay, how can not even with a small capital can produce more (depending on the calculated odds). I bet on a parlay with 7 football matches with x11 total odds and bet $85, this is my first win.

For 7 legged parlay, I would not be $85 usd, that's too much for me, maybe just around 5 to 10 usd as that is just my range.
But you are lucky to win, and maybe you have a bigger budget in gambling that's why even at a parlay, you are confident to bet that high.

Depends from everybody's approach and bankroll management, maybe it's correct that he have a bigger bankroll and he can take that much risk for 7 legged parlay, but for small time gamblers who can't afford that much, $5-$10 can be considerable especially if you have that much games to select as chances to lose one of those games is very possible, lucky for him to win as he will enjoyed his winnings.

The lower the number of bets parlayed the better the chances, so for me, the amount that I put decreases when the number of bets in a parlay increases.
Let's say I can bet 10 usd in 2 bets parlay, when I will increase it in 3 legged or so on, maybe I would just bet 5, then 2 usd, but then again that really depends on our total bankroll and that would change from time to time as bankroll is not fix, it sometimes increases or decreases depending on how we manages it.

[JohnBitCo]

For 7 legged parlay, I would not be $85 usd, that's too much for me, maybe just around 5 to 10 usd as that is just my range.
But you are lucky to win, and maybe you have a bigger budget in gambling that's why even at a parlay, you are confident to bet that high.

Yes very lucky. For me gambling is a place where looking for pleasure, not the full profit, if fully looking for profit we will be encouraged to play unhealthy or out of control and result in losses.

Don't you think that wining is gambling is directly related to the entertainment and pleasure in the gambling ?

I only feel good in gambling and when I lose in gambling i do feel sad. Even if I made up my mind that I will not care for the win or lose in gambling, still a loss make me sad. So I think it is impossible to think that we can be happy regardless of a loss in gambling.

[rdluffy]

In the beginning, when I started to bet online, I saw this parlay kind of bet

I remember thinking: it's so easy to guess 4 or 5 soccer games that I'll gain a lot of money with this way
And I started to use parlay...

I've never won any bet using parlay  , I stopped and it's much better to focus on single bets that have a good ratio and you have a knowledge about the game

[SirLancelot]

I also think that gambling is good if you treat it for full entertainment only and just forget if you loss and not take it seriously where it will make you come up with an experiment just for the hope of making money because that's too costly since this involves money, and the more you gamble, the more money you need to be able to do it.

at what games you play to feel that gambling can make you entertain ?  card games maybe  ?  because i dont feel to be entertain when i play repetitive games but im only playing them if want to try my luck and to possibly earn some profits   .   if i want to relax and enjoy i only play card game locally with our neighbors  but this still include real money as bets .  when it comes to strategy  ,  i still include it on my games no matter if its for enjoyment or for a seriuos game .

It is very obvious that you are into gambling for money, so regardless the game type I believe you would never be entertained. My realization about gambling is, you must define your intentions before playing, if it’s for money, stay focused and don’t even think of catching fun because you would realize that it never comes. Same as entertainment, those who have a mindset of gambling for fun, always find it very hard to make profit. So, it is important to have a defined purpose. For me, I enjoy games that are familiar and I keep on repeating to be better, this way I do not really need a strategy but experience.

[hahay]

In the beginning, when I started to bet online, I saw this parlay kind of bet

I remember thinking: it's so easy to guess 4 or 5 soccer games that I'll gain a lot of money with this way
And I started to use parlay...

I've never won any bet using parlay  , I stopped and it's much better to focus on single bets that have a good ratio and you have a knowledge about the game

You are so meticulous about parlay when you start betting online, I personally don't know anything about parlay, I have even done a several of single bets on online gambling, especially soccer. In the end my friend told me about the parlay and from that moment on I made a parlay bet that I did every time I bet sports, because I felt this parlay bet would be very profitable for me at the time and proved to be very efficient, but somehow I made parlaying longer I feel like I lost my skills there even though I still bet parlay once in a while but it's no longer as effective as in the past.

[Vaculin]

I've never won any bet using parlay  , I stopped and it's much better to focus on single bets that have a good ratio and you have a knowledge about the game

LOL, in gambling, you will only prove a thing until you try it, parlay offers great return but it's not as easy as we think.
As for me, I still find it fun, because I have won many times but I don't want to compare my loses betting in parlay as I'm pretty sure i'll end up negative.
This strategy is good for fun only, so let's just keep it that way, if we want to have consistency to fulfill our long term mission, avoid this method.

[TheUltraElite]

Recently, I have tried Parley strategy. Seems not working in the long run. Been used different strategies, I also change seed, used manual and auto but hey, we can win in gambling when we have that "lucky day". No effective strategy in the gambling. It is better if we can still bet multiple times until we compensate the losses. Or have higher multiplier with minimum bet amount.

I dont think you are reading before posting. Changing seed and all is something related to dice games and EV- games of a casino. Parlay is generally applied to the sports betting and specifically to multiple bets as one set of bets to get a big multiplier. Many sportsbooks allow this to be done which often ends in huge wins or huge losses.

What you seem to talk about is martingale and the false concept that changing seeds changes your outcome - this is a misconception. Though I would like to know more about what you say, which is if you ever read these comments again.

[DeathAngel]

Parlay’s are great fun if you’re putting on a small stake because you get good odds. You’re not going to win very often if you put more than 3 things in your parlay though.

I suggest if you’re a really serious gambler then stay away from them.

[Ziskinberg]

Parlay’s are great fun if you’re putting on a small stake because you get good odds. You’re not going to win very often if you put more than 3 things in your parlay though.

I suggest if you’re a really serious gambler then stay away from them.

I'm serious in gambling but I also love to take this kind of high risk bet.

Like you said, we only put a small stake, so it doesn't hurt a lot when that bet will not hit, parlay is just like betting on a jackpot game.
If my regular bet is like around 100 usd per bet, putting 10 usd in a parlay bet would already add more entertainment.

[TheUltraElite]

I'm serious in gambling but I also love to take this kind of high risk bet.

I know this is why the casinos are always been and will always be a flourishing business. People just love to take risk whether it be justified or not. I am not discouraging you about your bets though, do what you feel good with.

Betting on multiple bets to make a parlay is always tempting for the gambler because they have come to the casino to make money and take that risk ride to big wins - parlay is the gateway to that. Of course a confident gambler would be wise enough to bet on a few bets like this but be diligent about matches which may be fixed.

[sana54210]

I'm serious in gambling but I also love to take this kind of high risk bet.

I know this is why the casinos are always been and will always be a flourishing business. People just love to take risk whether it be justified or not. I am not discouraging you about your bets though, do what you feel good with.

Betting on multiple bets to make a parlay is always tempting for the gambler because they have come to the casino to make money and take that risk ride to big wins - parlay is the gateway to that. Of course a confident gambler would be wise enough to bet on a few bets like this but be diligent about matches which may be fixed.

Gamblers are always ready are always ready to try out anything and every strategy that promises to bring them money and just like you have said and I agree with you, casino site will continue to grow and the operators will keep on living luxury lives from the loses of desperate gamblers.

Is it too much to play games for entertainment without having to look for different strategies? If they are not trying martingale for sports, they will be trying parlay for others huh. Well, I know nothing about gambling because I am not a player but I hate to know that certain groups of people are making great money from the foolishness of some gamblers that believe they will make it in life by gambling.

[shoreno]

Gamblers are always ready are always ready to try out anything and every strategy that promises to bring them money and just like you have said and I agree with you,

no not all . i believe some gamblers are scared or nervous . they still have that doubts whenever they are placing their bets  and whenever they try a strategy whether if its new or old  .

casino site will continue to grow and the operators will keep on living luxury lives from the loses of desperate gamblers.

this isnt true  . some casinos are now bankrupt because they loose from the gamblers  .  not all casino operators are living a good life but they are also struggling to continue thier business just like a normal business man .

Is it too much to play games for entertainment without having to look for different strategies? .

no its not  . its enough actually but it will become too much if you will add strategies