Sports betting is already available on thousands of online sportsbooks today, and hundreds of them accommodate the most popular betting market to date—NFL betting. You can now duel with a bookmaker and beat the house edge while enjoying the thrill of American football at the comfort of your own home. But nothing comes easy if you don’t have a reliable NFL betting guide and you don’t know how to take advantage of the most popular betting form: Parlays. Thankfully, we’re here to solve your problems and share with you the best pointers to go with your Bitcoin NFL betting endeavors.
WHAT ARE PARLAYS?
A parlay, or a combo bet, is one of the most popular types of sports wagering. With this, sportsbooks give bettors the option to combine two or more wagers in one single stake. You can make multiple selections provided that all the teams you choose win. If one selection fails, you lose the entire wager.
Betting on parlays and choosing sides from a lot of selections can be difficult. Parlays require a great deal of skill and lick, but if one gets it all right and win the parlay, the potential payout and returns will be twice or even three times your original bet. In actuality, it turns out that the high potential payouts are exactly why parlays are so popular among online sports bettors. It is then important for you to understand how parlay bets work and how to make best use of this option. When desperate times call for desperate measures, parlays can be a useful navigation in your overall betting strategy.
PARLAYS VS SINGLE BETS
Bookmakers allow a bettor to place parlay bets on multiple sports, but American football or NFL parlays is among the growing events that see parlays. Many of which even encourage bettors to take parlays instead of single bets because it multiplies the odds included in the profit margin. Needless to say, parlays can be tricky and risky if one doesn’t have the proper strategies to go with it. If you want to consider parlays, place smaller bet combinations within the single stake so that one loss won’t interfere with the entire bet. Also, try the popular combination of 8 games into an 8-leg parlay. It can increase your chances for a return when 5 out of 8 legs win.