Is parlay an effective betting strategy?

[Maslate]

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?

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[swogerino]

Many gamblers are attracted by parlays because they offer bigger odds compared to single bets.They are also a lot more difficult to win compard with single games so I only rarely play a parlay,only after I have won some money from my other bettings.

I don't see it as a good strategy for betting because with that you lose money faster and more often compared to single betting.

[YuginKadoya]

Well, I highly believe that there is no such Strategy in gambling even if you are consistent in winning Parlays because even though you are dependent on winning on all that wagers together there are times that if you would lose any of the bets in a parlay the entire parlay may lose, Well you must have your luck that time and gain the upper hand but you can not control that, Because you may have your luck today what about the other day? But I guess inconsistent with that in losing the advantage is you will just need a little bit of money to bet it all, That is why Parlay is popular because you can win big if all Parlay win,

So I don't really think that there is a good strategy in gambling it is still all base with luck.

[emberbekas]

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 made parlay too but not so often. It is when I found games that I think will give a win result but the bookies give low odds. Instead of making a single bet on each games, I prefer to combine it into a parlay to get better odds. I don't force myself to make a long list of game inside my parlay unless it is for contest. 3-5 games will be enough for me.

I remember my almost biggest win with parlay back in the past when I participate on a contest held by a sportsbook. I made a parlay with 11 games in it. The odds was around 50.00. Ten games already gave me greens and left only a single game for me to win the parlay. It was an EPL game between MU vs underdog (can't remember the team name). Unfortunately, MU unable to win the game which give me a regret. The end result was a draw with no goal. Something that made me upset is,  Wayne Rooney failed to make a goal from a penalty kick!

[michellee]

I don't bet on a parlay, but sometimes I use the money to join with my friends, and he will place the bets for us. But I think for me, it is better to play individual bets than parlay because if we don't have match friends, sometimes it becomes screw, and there will be a bad moment between us. But parlay could be a good strategy for you to raise bigger win money because your wager will be bigger too.

[Ryker1]

Well, parlay bet is not recommended to me. I believed that parlay bets are base on games skill, that's the reason why for me this is not recommended because of an increase variance and high risk. The fact is the house has a greater edge with Parlay bets rather than the single-game bets. Indeed, gamblers tempted to bet with parlay because of having better rewards but the truth is far appeared by the increase in risk.
Well, I rather choose single bets wagers because you might defend on luck.

[Dreamchaser21]

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 don't want to bet on parlay because I don't believe on strategy on sports betting, I just study the team and decide whether to bet or not, again I depend more on my luck than to any strategy. The reason why you are still losing is that, no strategies can win over the house, they can't let you go home and bring huge money continuously you have to be wise always and don't be greedy.

[davis196]

For me,winning a parlay is like winning the lottery.The odds are really small.
I'm not a gambler that loves extreme risk and really small chances of winning,so I don't use parlays.
Parlay is NOT an effective strategy.It's not even a strategy.It's just another way for the bookies to squeeze out more money form the gambling addicts.

[Distinctin]

Parlay is good as you'll risk only a small amount of money with a possible to win big.

In parlay betting you can have an odds of x1000 and that will give you a pretty decent return if you are lucky.
However, for me it's not a good method if you use it regularly since it a big return surely means lesser chance of winning.

[Rufsilf]

Well, parlay bet is not recommended to me. I believed that parlay bets are base on games skill, that's the reason why for me this is not recommended because of an increase variance and high risk. The fact is the house has a greater edge with Parlay bets rather than the single-game bets. Indeed, gamblers tempted to bet with parlay because of having better rewards but the truth is far appeared by the increase in risk.
Well, I rather choose single bets wagers because you might defend on luck.

Parlay is good because it  can give you big winnings but it is too risky as well because if the odds is not inyour favor there is a chance that you will lose everything, and knowing it is gambling so the longer you lay in parlay the harder you'll win so I don't bet parlay.

[creeps]

For me,winning a parlay is like winning the lottery.The odds are really small.

This says it all, I also play and bet on a parley betting and yet I lose more compare the amount I win, its really a small odds to win so don't expect you to achieve a winning streak with that strategy its not reliable. I'm convinced after using many strategy on betting, poker, roulette all your strategies is useless if you don't have luck, gambling is luck remember that line always because you can't win without that.

[crwth]

It depends on the game that you are trying to play. I have seen the best parlay win in Sportsbet.io IIRC, it’s a bet of 0.005 BTC in 10 games I think, then it’s football and he managed to get the right bets and won 8 BTC with that. The multiplier is so high and he is definitely a lucky man towards it. It’s like wtf and I verified it and saw it.

I think it would be dependent on the odds of the games itself. I have yet to prove myself that I could win a parlay with a lot of games with the lowest odds (meaning the highest chance to win the actual game) but it would really be hard to predict, maybe an underdog could win a game and you wouldn’t expect it still.

Mostly of it would be dependent on the luck on that certain day.

[bering]

Parlay was effective to increase the odds for bets on sport betting because you can combine the odds for every matches events but it will not guarantee you will always won during use this strategy and i have been experience bets on parlay and the results is not really good and picked matches for parlay is risky because if one or two matches from your parlay lost then you also will automatically lost all of your bets

[2double0]

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?

Parlay is pure luck, you need to have a great day when all odds are in your favor and you don't lose a single bet. I had some great wins in parlay some time back when everything was predictable but just like yours, my EV turned negative after I tried to catch bigger and better odds 'as parlay adds up very high odds considering the number of games you take in one bet'. After I saw someone win more than 50 BTC on NitrogenSports (with just a 0.01 BTC bet) I thought if he can, why can't I do this? I tried this with 0.05 BTC when BTC was $3800 but I lost because of just 1 loss in a game I used to call myself a master of.

[Maslate]

It depends on the game that you are trying to play. I have seen the best parlay win in Sportsbet.io IIRC, it’s a bet of 0.005 BTC in 10 games I think, then it’s football and he managed to get the right bets and won 8 BTC with that. The multiplier is so high and he is definitely a lucky man towards it. It’s like wtf and I verified it and saw it.

I think it would be dependent on the odds of the games itself. I have yet to prove myself that I could win a parlay with a lot of games with the lowest odds (meaning the highest chance to win the actual game) but it would really be hard to predict, maybe an underdog could win a game and you wouldn’t expect it still.

Mostly of it would be dependent on the luck on that certain day.

That could really happen, but I only see that kind of bet slip shared in Nitrogensports, not in sportsbet as they don't have a chat room.

[BitcoinGirl.Club]

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?

We call it acca.
Well the most tempted gambling habit for me. I have lost a lot of money in acca's. Was very close to a lot of them but always find myself losing one or two selection no matter if this is a 5 selection or 15 selection however the best bet was an 8 selection which I won 5 or 6 years ago.

If I recall then the bet amount was £20 and return was £800+ or something.

After I saw someone win more than 50 BTC on NitrogenSports (with just a 0.01 BTC bet)

Bookies nightmare LOL

[GreatArkansas]

Parlay is good as you'll risk only a small amount of money with a possible to win big.

This is also my thought on parlay. Since it is much risky, but it is much better to bet a small amount since the odds is quite tricky. It's like a leveraged trading where you can bet with high returns but the risk is really big.

Even you have big odds/small odds on Parlay, there's a still possibility of losing because it's like you are just increasing your risk by doing multiple games to bet.

[izanagi narukami]

It's good if it's in right time + luck + guts
Some of them may loss because even they are great team , they can experience losses ,right ?
Parlay is another way of people to gamble , not the exact strategy to make profit

[torry28]

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?

This remind me on 2 years ago when i almost did parlay everyday. I was bet on parlay with odds 1000x in a month but never got lucky. The highest odds i've won only with 7x odds, not so big though

[Oilacris]

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 cant really deny that Parlays do have an attractive odds most of the time but I do mostly bet on 3-4 games and not going

more than with that.I do seldom make bets basing on the line not just carelessly putting up bets without significant basis on the
teams are playing.Doing it on daily basis doesn't mean negative because it all depends on how you do analyze on putting up your bet.