How to Make Money Betting Parlays

The million dollar question when folks want to start betting on sports is what’s the best and easiest way to make money. With all things sports betting, it is not as easy as simply saying how to do it, and getting it done. One way to make money in sports betting is to bet parlays. One of our favorite things to do is to bet parlay bets.  While they can be difficult, and certainly not a guarantee on winning – it can be done. Let’s take a look at How to Make Money with parlay Betting.

Parlay betting is where you bet on several teams to win, and turn it into a single bet. While you can certainly bet each team individually and win the basic amount of money you would for a bet. That’s always an option. But, with parlay betting – now you have a chance to win even more money. The kicker here is – in a parlay bet – you have to win ALL the games on the parlay or you do not win anything. Of course, if a game is a push – that game just gets eliminated from your parlay card.

So, you ask – how do you make money when parlay betting? Well, as many as two games together is a parlay. You can take a couple games that you really like, and put them together for a parlay. Most sportsbooks will allow you to take as many as 12 games on a parlay. Keep in mind though – the more games that you bet on – the worst your chances are.

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While your odds of winning go DOWN, the money you would make go UP. Let’s take a look at some strategies that work in helping you make money betting parlays.

1. Keep your parlay’s at a manageable number. For this, it seems like 2, 3 or 4 teams would work. If you go over 4 teams – the odds really are in favor of the sportsbook. While keeping the teams down, you could raise your bets us.

2. Use Parlays to hedge your bets. This gives you the ability to FOR sure win money. For example, let’s say you need the final game of the weekend to win $1000. Take a chance on the OTHER side of the bet for a smaller amount, and guarantee yourself some money.

3. Do not take too many risks. With a parlay – you don’t need to, to make money. Sure, a risky, big time underdog would help the amount of money you would win go UP, but be careful taking too many risky plays.

Parlay betting is fun. Parlay betting can be a little addicting at times, because you have a few games that you really like, and then you add them. Maybe you have a combination of games that you like, use you Bookmaker Login to at and have a couple different parlay bets. Regardless – while it is fun, the overall goal of a parlay bet is to make money. These were a few things we want you to know for making money on football parlay betting. As always – use good bankroll management, and understand you will have good days and bad days with betting on sports. Best of luck!