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Guide To Play Parlay Betting For Newplayer

For online football bettors who don't know what parlay betting is, it's time to catch up. If you want to double your account or win big with minimal risk, there's no better way than through parlay betting in football.
If you're unfamiliar, let us guide you through everything uk betting tips you need to know about football parlay bets.
What is Parlay Betting?
Parlay betting involves combining multiple selections of football bets into a single ticket. It goes by various names such as multiple bets, mix parlay, accumulator, combo bets, and more.
A parlay ticket wins only when all selected bets win. In cases where the odds are calculated to a half-point, the parlay ticket is still accounted for and adjusted accordingly based on the placed odds.
Advantages: Winning yields significantly higher rewards compared to single bets.
Disadvantages: Lower win rate, requires accurate predictions for all bets within the parlay and substantial capital investment.
#3 Easiest Ways to Win with Football Parlays
Here are some strategies for consistently winning in football betting, distilled from experiences with failed parlays of 5 or 6 legs. Implementing these strategies will undoubtedly increase your chances of winning and boost your confidence in placing bets.
Choose VIP handicap football parlay bets
Handicap betting, as discussed here, includes over/under outcomes like final scores, corner kicks, yellow cards, etc. All these bets allow for handicap wagering.
In this regard:
♦️ Prioritize combining bets that favor the underdog. Underdog bets are easier to parlay and offer better control over the parlay ticket. For example, combine a 3-leg parlay comprising three matches where the underdog has a handicap of +0.75 or more.
♦️ Combine over bets when the favored team plays away and the handicap is -0.5 or more. For instance, create a 3-leg parlay with three matches where the favored team plays away, has a handicap of 0.5 or more, and is significantly stronger than the home team.
♦️ Pair handicap corner kick bets with matches featuring evenly matched teams. In such cases, opt for handicaps of 2 or more corner kicks.
Experience betting on football totals (over/under) for easy wins
Most players nowadays are more interested in over/under bets when parlaying. Here are some ways to increase the win rate in parlay bets:
Avoid including over bets of 3.25 or higher in your parlays.
Conversely, prioritize selecting under bets of 3.5 to include in your parlays.
If you prefer over bets, the over/under line of 2.75 is the easiest to win. Typically, bookmakers set the line at 2.75 for evenly matched teams with attacking playstyles and good offensive capabilities.
Pay attention to first-half over bets with high odds. Include in your parlays those over bets with odds of 0.88 or higher.
If you understand the concept of Penalty Over/Under bets, you can create highly profitable parlays.
By following these strategies, you can significantly improve your chances of winning with football parlays and enhance your overall betting experience.
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Guide to Placing Parlay Bets in Soccer: Running Style without Fear of Loss
Knowing what parlay betting is and how to place parlay bets is not enough. To play parlay bets well, you must understand football tips site how to run a parlay and when to hedge your soccer bets at the right time.
This means that when a parlay of 4 bets has won 3 matches and the last match feels likely to lose, it is necessary to hedge the parlay, betting against the outcome of that match within the parlay bet.
Ensuring a balanced amount of money, regardless of winning or losing the 4-leg parlay, is essential. The steps to determine when to hedge a parlay are as follows:
Step 1: Recalculate the odds payout up to that point, subtracting the odds of the final match. (Follow the formula provided above for guidance).
Step 2: Clearly calculate how much money you will receive if the final bet wins completely/half wins/half loses/ties. Then, determine the amount of money to hedge accordingly.
Step 3: Identify the bet and amount to wager on the match that needs to be hedged.
Reverse the bet of the combined parlay. For example, if the parlay bet is backing Chelsea -0.75, when hedging, bet a single bet on Chelsea +0.75.
Hedge the capital amount of the parlay bet. For instance, if the 4-leg parlay was for $100, then hedge with $100. This ensures that even if the parlay loses, the initial capital is recuperated.
Hedge to ensure winning in the worst-case scenario, where the final match loses half. For example, if you placed a $100 bet on a 4-leg parlay, and three matches have won with odds @6.5, then the total win for the three matches is $650. If the final match loses half, you still win the parlay. The amount received would be $650/2 = $325. Therefore, you need to hedge exactly $325 for the parlay to ensure a win, no matter what the outcome is.
How to Place Running Parlay Bets in Soccer:
Among the various parlay options, we prefer the running parlay style.
Instead of wagering on 2 or 3 separate matches with substantial capital for each bet, we can combine them into one parlay with a single bet.
Notes:
When playing running parlays, only combine 2 or 3 matches; do not exceed.
Once a running parlay is placed, do not consider hedging.
It's preferable to combine parlay bets for matches in the second half, around the 65th minute.
You can incorporate a running bet you're confident in with a full-time parlay to increase odds and potential winnings.
Consulting experienced punters for running parlay strategies is advisable.
The winnings from running parlay bets are often double or triple the amount wagered, making them lucrative and enticing for many bettors. However, excessive greed can lead to losses, so careful consideration is necessary.
Choosing reputable bookmakers or betting platforms that allow running parlay bets, offer high odds, and ensure timely payouts (payment upon winning, not waiting until the end of the entire match) is crucial.
Nevertheless, deciding when to place running bets, considering the minute mark, requires thorough calculations to ensure rational investment.
Key Considerations when Applying Parlay Betting in Soccer:
There are some basic considerations to keep in mind when participating in parlay betting in soccer or any other sport:
Parlay bets cannot combine wagers from the same match.
You can combine bets from various sports to form a sports parlay: soccer, basketball, table tennis, esports, etc.
Many bookmakers offer refunds if you lose a parlay of 5 bets or more. Be sure to read the refund conditions and promotions specific to sports parlays.
Differentiate between single parlay bets and combined parlay bets involving multiple wagers. Combined bets require a substantial amount of money. Of course, multiple wagers offer higher winning odds. Examine the betting frame closely to understand the win rate, winnings, and amount wagered.
During the course of a parlay, if a match is canceled, postponed, or the score is incorrect, the bet for that match will be voided. The parlay will continue to calculate for the remaining wagers.
Final Message:
The overall guide betting tips app download to calculating soccer parlays is summarized in the two formulas presented above. It's crucial to understand how to analyze bookmaker odds to know which bets to combine in a parlay.
Knowing what parlay betting entails, understanding how to calculate parlay bets, but not knowing how to select which bets to combine is insufficient. Read our online guides on sports betting to enhance your understanding further and make informed decisions.