football moneyline favorite parlay strategy

Then, the $75 goes on the Angels at +110, and if they win you would get back $157.50. If Detroit wins, the $50 becomes $75 since the bettor profited $25. The payout is figured by taking the $50 and placing it on the Tigers. The Tigers are -200 over the White Sox with Justin Verlander on the mound, while the Angels are +110 against the Rangers with JC Ramirez on the mound. No, both teams would have to win, otherwise your bet would lose. Let’s just stick with a two-team parlay and say that you want to bet $50 on the Tigers and Angels. What is a Parlay Bet?Ī parlay is defined as a bet on multiple teams. That’s why baseball parlays have much more favorable odds than the other two sports because money lines are involved. A better parlay bet for basketball and football, with the best odds, would be to use the money lines. In football and basketball, the spread is mostly used in parlays. While parlays are certainly sucker bets in basketball and football, they aren’t necessarily sucker bets in baseball. That’s because there are seven different outcomes that can take place. The pay off on a three-team parlay in those sports is 6-to-1, while the actual odds of winning one are 7-to-1. This is clearly evident in football and basketball three-team parlays. That’s because, in most cases, the bettor gets worse odds than what the true odds should be. The majority of the sports betting world would tell you that parlay bets are for suckers.

Football moneyline favorite parlay strategy